Ibotta (IBTA) Net Margin (2023 - 2026)
Ibotta (IBTA) reported Net Margin of 12.51% for Q1 2026, down 1320.0% on a YoY basis from 1.03% in Q1 2025, and down 1004.51% quarter-over-quarter from 1.13% in Q4 2025.
Ibotta (IBTA) Net Margin (2023 - 2026) Analysis & Trends
Ibotta has reported Net Margin for 4 years, with the latest figure 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.
- The five-year high for Net Margin was 77.4% in Q4 2024, with the low at 38.63% in Q2 2024.
- Historically, Net Margin has averaged 7.71% across 4 years, with a median of 2.89% in 2025.
- Annual changes were most pronounced in 2024 — Net Margin jumped 5869 bps — and 2025, when it slumped 7853 bps.
- Ibotta's Net Margin stood at 18.71% in 2023, then jumped by 314 bps to 77.4% in 2024, then plunged by 101 bps to 1.13% in 2025, then sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 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% |