Ibotta (IBTA) Net Margin (2023 - 2026)
Ibotta's (IBTA) quarterly Net Margin came in at 1.39% in Q2 2026, down 425.0% on a YoY basis from 0.43% in Q2 2025, and up 88.96% quarter-over-quarter from 12.55% in Q1 2026.
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Ibotta (IBTA) Net Margin (2023 - 2026) Analysis & Trends
Ibotta (IBTA) has reported Net Margin for 4 consecutive years, with 1.39% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 425.0% year-over-year to 1.39%; the trailing twelve-month figure through Jun 2026 stood at 3.22% (down 2946.0% YoY), and the FY2025 full-year result was 1.04%, down 1767.0% from the prior year.
- Net Margin rose to 1.39% in Q2 2026 per IBTA's latest filing, from 12.55% in the prior quarter.
- Across five years, Net Margin topped out at 77.43% in Q4 2024 and bottomed at 38.63% in Q2 2024.
- Historically, Net Margin has averaged 7.06% across 4 years, with a median of 2.36% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 5872 bps in 2024, then plunged 7856 bps in 2025.
- Over 4 years, Net Margin stood at 18.71% in 2023, then jumped by 314 bps to 77.43% in 2024, then sank by 101 bps to 1.13% in 2025, then decreased by 22 bps to 1.39% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 1.39%, 12.55%, and 1.13% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,074.35 Bn | 3,645.31 Bn | 73.85 Bn | 93.58% |
| 2 | AppLovin | 107.48 Bn | 104.43 Bn | 1.70 Bn | 65.84% |
| 3 | Trade Desk | 6.78 Bn | 5.29 Bn | 530.72 Mn | 9.01% |
| 4 | Magnite | 3.46 Bn | 3.13 Bn | 130.79 Mn | 10.03% |
| 5 | DoubleVerify Holdings | 2.07 Bn | 1.86 Bn | 161.31 Mn | 6.66% |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 1.06 Bn | 929.83 Mn | 49.81 Mn | 5.11% |
| 8 | Taboola.com | 972.14 Mn | 839.09 Mn | 139.48 Mn | 0.91% |
| 9 | Mntn | 960.26 Mn | 722.98 Mn | 66.30 Mn | 8.14% |
| 10 | Ibotta | 893.28 Mn | 745.11 Mn | 69.72 Mn | -1.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.39% |
| Mar 31, 2026 | -12.55% |
| Dec 31, 2025 | -1.13% |
| Sep 30, 2025 | 1.84% |
| Jun 30, 2025 | 2.87% |
| Mar 31, 2025 | 0.69% |
| Dec 31, 2024 | 77.43% |
| Sep 30, 2024 | 17.47% |
| 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 | -7.48% |