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
DateValue
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