Ibotta (IBTA) FCF Margin (2023 - 2026)

Ibotta (IBTA) reported FCF Margin of 31.95% for Q1 2026, up 1210.0% on a YoY basis from 2.44% in Q1 2025, and down 24.83% quarter-over-quarter from 42.5% in Q4 2025.

Ibotta (IBTA) FCF Margin (2023 - 2026) Analysis & Trends

Ibotta has reported FCF Margin for 4 years, with the latest figure at 31.95% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 1210.0% year-over-year to 31.95%; the trailing twelve-month figure through Mar 2026 stood at 29.94% (down 131.0% YoY), and the FY2025 full-year result was 26.97%, down 455.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 31.95%, down from 42.5% in the prior quarter.
  • The five-year high for FCF Margin was 43.93% in Q3 2024, with the low at 9.02% in Q3 2023.
  • Historically, FCF Margin has averaged 22.02% across 4 years, with a median of 22.84% in 2024.
  • Annual changes were most pronounced in 2024 — FCF Margin jumped 5295 bps — and 2025, when it plunged 2651 bps.
  • Ibotta's FCF Margin stood at 29.09% in 2023, then dropped by 21 bps to 22.84% in 2024, then jumped by 86 bps to 42.5% in 2025, then dropped by 25 bps to 31.95% in 2026.
  • The last three FCF Margin figures came in at 31.95% (Q1 2026), 42.5% (Q4 2025), and 17.42% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 36.77%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 17.31%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 15.02%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 58.89%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 20.82%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 41.64%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 36.83%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 31.84%
10 Ibotta 777.95 Mn 613.36 Mn 63.03 Mn 31.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 31.95%
Dec 31, 2025 42.50%
Sep 30, 2025 17.42%
Jun 30, 2025 27.21%
Mar 31, 2025 19.85%
Dec 31, 2024 22.84%
Sep 30, 2024 43.93%
Jun 30, 2024 37.42%
Mar 31, 2024 20.71%
Dec 31, 2023 29.09%
Sep 30, 2023 -9.02%
Jun 30, 2023 -2.34%
Mar 31, 2023 4.65%