Ibotta (IBTA) Net Margin (2023 - 2026)
Ibotta posted quarterly Net Margin of 12.51% for Q1 2026, down 1320.0% year-on-year from 1.03% in Q1 2025, and down 1004.51% on a QoQ basis from 1.13% in Q4 2025.
Ibotta (IBTA) has 4 years of Net Margin data on file, last reported at 12.51% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 1320.0% year-over-year to 12.51%; the trailing twelve-month figure through Mar 2026 stood at 2.15% (down 1838.0% YoY), and the FY2025 full-year result was 1.04%, down 1767.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.51%, down from 1.13% in the prior quarter.
- Across five years, Net Margin topped out at 77.4% in Q4 2024 and bottomed at 38.63% in Q2 2024.
- The 4-year median for Net Margin is 2.89% (2025), against an average of 7.71%.
- The widest annual swing landed in 2024, when Net Margin jumped 5869 bps; it then plunged 7853 bps in 2025.
- A 4-year view of Net Margin shows it stood at 18.71% in 2023, then surged by 314 bps to 77.4% in 2024, then tumbled by 101 bps to 1.13% in 2025, then plunged by 1005 bps to 12.51% in 2026.
- The last three Net Margin figures came in at 12.51% (Q1 2026), 1.13% (Q4 2025), and 1.84% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Ibotta | 777.95 Mn | 613.36 Mn | 63.03 Mn | -12.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.51% |
| Dec 31, 2025 | -1.13% |
| Sep 30, 2025 | 1.84% |
| Jun 30, 2025 | 2.89% |
| Mar 31, 2025 | 0.69% |
| Dec 31, 2024 | 77.40% |
| Sep 30, 2024 | 17.48% |
| Jun 30, 2024 | -38.63% |
| Mar 31, 2024 | 11.29% |
| Dec 31, 2023 | 18.71% |
| Sep 30, 2023 | 9.86% |
| Jun 30, 2023 | 19.81% |
| Mar 31, 2023 | -7.42% |