Ibotta (IBTA) Gross Profit (2023 - 2026)
Ibotta (IBTA) posted Gross Profit of $63.0 million for Q1 2026, down 9.47% on a QoQ basis from $69.6 million in Q4 2025, and down 6.59% year-over-year from $67.5 million in Q1 2025.
Ibotta (IBTA) Gross Profit (2023 - 2026) Analysis & Trends
Ibotta's Gross Profit history runs 4 years deep, the most recent figure standing at $63.0 million for Q1 2026.
- Quarterly Gross Profit fell 6.59% year-over-year to $63.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $266.9 million (down 14.68% YoY) and the FY2025 annual result came in at $271.3 million, down 14.44% from the prior year.
- Gross Profit was $63.0 million for Q1 2026 at Ibotta, down from $69.6 million in the prior quarter.
- Across five years, Gross Profit topped out at $87.4 million in Q4 2023 and bottomed at $46.4 million in Q1 2023.
- A 4-year average of $71.3 million and a median of $69.6 million in 2025 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2024 — Gross Profit surged 54.63% — and 2025, when it slipped 23.52%.
- Ibotta's Gross Profit stood at $87.4 million in 2023, then decreased by 4.72% to $83.2 million in 2024, then slipped by 16.34% to $69.6 million in 2025, then slipped by 9.47% to $63.0 million in 2026.
- Business Quant data shows IBTA's Gross Profit at $63.0 million in Q1 2026, $69.6 million in Q4 2025, and $66.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Ibotta | 633.81 Mn | 469.21 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 |