Ibotta (IBTA) Free Cash Flow (2023 - 2026)
Ibotta (IBTA) posted Free Cash Flow of $26.4 million for Q1 2026, down 14.46% on a QoQ basis from $30.8 million in Q4 2025, and up 57.0% year-over-year from $16.8 million in Q1 2025.
Ibotta (IBTA) Free Cash Flow (2023 - 2026) Analysis & Trends
Ibotta's Free Cash Flow history runs 4 years deep, the most recent figure standing at $26.4 million for Q1 2026.
- Quarterly Free Cash Flow rose 57.0% year-over-year to $26.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $101.9 million (down 11.23% YoY) and the FY2025 annual result came in at $92.3 million, down 19.75% from the prior year.
- Free Cash Flow was $26.4 million for Q1 2026 at Ibotta, down from $30.8 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $39.8 million in Q3 2024 and bottomed at -$4.2 million in Q2 2023.
- A 4-year average of $19.7 million and a median of $21.3 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2024 — Free Cash Flow jumped 3314.42% — and 2025, when it plunged 46.39%.
- Ibotta's Free Cash Flow stood at $23.8 million in 2023, then declined by 10.89% to $21.2 million in 2024, then jumped by 45.09% to $30.8 million in 2025, then declined by 14.46% to $26.4 million in 2026.
- Business Quant data shows IBTA's Free Cash Flow at $26.4 million in Q1 2026, $30.8 million in Q4 2025, and $21.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 4.39 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 235.34 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 476.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 473.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 2.19 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 232.77 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 306.96 Mn |
| 10 | Ibotta | 633.81 Mn | 469.21 Mn | 63.03 Mn | 26.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.35 Mn |
| Mar 31, 2026 | 26.35 Mn |
| Dec 31, 2025 | 30.81 Mn |
| Dec 31, 2025 | 30.81 Mn |
| Sep 30, 2025 | 21.32 Mn |
| Sep 30, 2025 | 21.32 Mn |
| Jun 30, 2025 | 23.41 Mn |
| Jun 30, 2025 | 23.41 Mn |
| Mar 31, 2025 | 16.79 Mn |
| Mar 31, 2025 | 16.79 Mn |
| Dec 31, 2024 | 21.24 Mn |
| Dec 31, 2024 | 21.24 Mn |
| Sep 30, 2024 | 39.78 Mn |
| Sep 30, 2024 | 39.78 Mn |
| Jun 30, 2024 | 36.98 Mn |
| Jun 30, 2024 | 36.98 Mn |
| Mar 31, 2024 | 17.05 Mn |
| Mar 31, 2024 | 17.05 Mn |
| Dec 31, 2023 | 23.83 Mn |
| Dec 31, 2023 | 23.83 Mn |