Ibotta (IBTA) Operating Expenses (2023 - 2026)

Ibotta's Operating Expenses history runs 4 years deep, the most recent figure standing at $73.9 million for Q1 2026.

• Quarterly Operating Expenses rose 5.09% year-over-year to $73.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $275.8 million (down 9.17% YoY) and the FY2025 annual result came in at $272.2 million, down 5.89% from the prior year.
• Operating Expenses was $73.9 million for Q1 2026 at Ibotta, up from $71.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $97.3 million in Q2 2024 and bottomed at $47.4 million in Q1 2023.
• A 4-year average of $65.8 million and a median of $65.7 million in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2024 — Operating Expenses surged 103.02% — and 2025, when it tumbled 31.28%.
• Ibotta's Operating Expenses stood at $61.1 million in 2023, then grew by 15.0% to $70.3 million in 2024, then grew by 1.44% to $71.3 million in 2025, then climbed by 3.64% to $73.9 million in 2026.
• Business Quant data shows IBTA's Operating Expenses at $73.9 million in Q1 2026, $71.3 million in Q4 2025, and $63.8 million in Q3 2025.