Ibotta (IBTA) FCF Margin (2023 - 2026)

Ibotta (IBTA) posted FCF Margin of 31.95% for Q1 2026, down 8.19% on a QoQ basis from 34.8% in Q4 2025, and up 1210.0% year-over-year from 2.44% in Q1 2025.

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

Ibotta's FCF Margin history runs 4 years deep, the most recent figure standing at 31.95% for Q1 2026.

  • Quarterly FCF Margin rose 1210.0% year-over-year to 31.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.94% (down 112.0% YoY) and the FY2025 annual result came in at 26.97%, down 436.0% from the prior year.
  • FCF Margin was 31.95% for Q1 2026 at Ibotta, down from 34.8% in the prior quarter.
  • Across five years, FCF Margin topped out at 42.06% in Q2 2024 and bottomed at 5.41% in Q2 2023.
  • A 4-year average of 22.07% and a median of 23.91% in 2023 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2024 — FCF Margin jumped 4747 bps — and 2025, when it sank 1485 bps.
  • Ibotta's FCF Margin stood at 23.91% in 2023, then declined by 10 bps to 21.58% in 2024, then soared by 61 bps to 34.8% in 2025, then fell by 8 bps to 31.95% in 2026.
  • Business Quant data shows IBTA's FCF Margin at 31.95% in Q1 2026, 34.8% in Q4 2025, and 25.61% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 39.26%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 15.02%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 17.31%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 58.89%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 11.86%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 36.83%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 16.73%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 20.82%
10 Ibotta 633.81 Mn 469.21 Mn 63.03 Mn 31.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 31.95%
Dec 31, 2025 34.80%
Sep 30, 2025 25.61%
Jun 30, 2025 27.21%
Mar 31, 2025 19.85%
Dec 31, 2024 21.58%
Sep 30, 2024 40.33%
Jun 30, 2024 42.06%
Mar 31, 2024 20.71%
Dec 31, 2023 23.91%
Sep 30, 2023 1.37%
Jun 30, 2023 -5.41%
Mar 31, 2023 2.94%