Ibotta (IBTA) Operating Expenses (2023 - 2026)

Ibotta (IBTA) has 4 years of Operating Expenses data on file, last reported at $73.9 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 5.09% year-over-year to $73.9 million; the trailing twelve-month figure through Mar 2026 stood at $275.8 million (down 9.17% YoY), and the FY2025 full-year result was $272.2 million, down 5.89% from the prior year.
• Operating Expenses for Q1 2026 stood at $73.9 million, 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.
• The 4-year median for Operating Expenses is $65.7 million (2024), against an average of $65.8 million.
• The widest annual swing landed in 2024, when Operating Expenses surged 103.02%; it then slumped 31.28% in 2025.
• A 4-year view of Operating Expenses shows it stood at $61.1 million in 2023, then climbed by 15.0% to $70.3 million in 2024, then climbed by 1.44% to $71.3 million in 2025, then advanced by 3.64% to $73.9 million in 2026.
• The last three Operating Expenses figures came in at $73.9 million (Q1 2026), $71.3 million (Q4 2025), and $63.8 million (Q3 2025), per Business Quant data.

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