Ibotta (IBTA) Gross Profit (2023 - 2026)
Ibotta (IBTA) reported Gross Profit of $63.0 million for Q1 2026, down 6.59% on a YoY basis from $67.5 million in Q1 2025, and down 9.47% quarter-over-quarter from $69.6 million in Q4 2025.
Ibotta (IBTA) Gross Profit (2023 - 2026) Analysis & Trends
Ibotta has reported Gross Profit for 4 years, with the latest figure at $63.0 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit fell 6.59% year-over-year to $63.0 million; the trailing twelve-month figure through Mar 2026 stood at $266.9 million (down 14.68% YoY), and the FY2025 full-year result was $271.3 million, down 14.44% from the prior year.
- Gross Profit for Q1 2026 stood at $63.0 million, down from $69.6 million in the prior quarter.
- The five-year high for Gross Profit was $87.4 million in Q4 2023, with the low at $46.4 million in Q1 2023.
- Historically, Gross Profit has averaged $71.3 million across 4 years, with a median of $69.6 million in 2025.
- Annual changes were most pronounced in 2024 — Gross Profit surged 54.63% — and 2025, when it fell 23.52%.
- Ibotta's Gross Profit stood at $87.4 million in 2023, then fell by 4.72% to $83.2 million in 2024, then retreated by 16.34% to $69.6 million in 2025, then retreated by 9.47% to $63.0 million in 2026.
- The last three Gross Profit figures came in at $63.0 million (Q1 2026), $69.6 million (Q4 2025), and $66.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Ibotta | 777.95 Mn | 613.36 Mn | 63.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.03 Mn |
| Mar 31, 2026 | 63.03 Mn |
| Dec 31, 2025 | 69.63 Mn |
| Dec 31, 2025 | 69.63 Mn |
| Sep 30, 2025 | 66.12 Mn |
| Sep 30, 2025 | 66.12 Mn |
| Jun 30, 2025 | 68.10 Mn |
| Jun 30, 2025 | 68.10 Mn |
| Mar 31, 2025 | 67.48 Mn |
| Mar 31, 2025 | 67.48 Mn |
| Dec 31, 2024 | 83.23 Mn |
| Dec 31, 2024 | 83.23 Mn |
| Sep 30, 2024 | 86.45 Mn |
| Sep 30, 2024 | 86.45 Mn |
| Jun 30, 2024 | 75.64 Mn |
| Jun 30, 2024 | 75.64 Mn |
| Mar 31, 2024 | 71.81 Mn |
| Mar 31, 2024 | 71.81 Mn |
| Dec 31, 2023 | 87.35 Mn |
| Dec 31, 2023 | 87.35 Mn |