Ibotta (IBTA) Operating Income (2023 - 2026)
Ibotta (IBTA) posted Operating Income of -$10.8 million for Q1 2026, down 559.68% on a QoQ basis from -$1.6 million in Q4 2025, and down 286.44% year-over-year from $5.8 million in Q1 2025.
Ibotta (IBTA) Operating Income (2023 - 2026) Analysis & Trends
Ibotta's Operating Income history runs 4 years deep, the most recent figure standing at -$10.8 million for Q1 2026.
- Quarterly Operating Income fell 286.44% year-over-year to -$10.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$8.9 million (down 196.24% YoY) and the FY2025 annual result came in at -$841000.0, down 103.01% from the prior year.
- Operating Income was -$10.8 million for Q1 2026 at Ibotta, down from -$1.6 million in the prior quarter.
- Across five years, Operating Income topped out at $26.3 million in Q4 2023 and bottomed at -$21.7 million in Q2 2024.
- A 4-year average of $5.6 million and a median of $2.4 million in 2025 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income soared 1788.43% — and 2026, when it sank 286.44%.
- Ibotta's Operating Income stood at $26.3 million in 2023, then tumbled by 50.6% to $13.0 million in 2024, then slumped by 112.66% to -$1.6 million in 2025, then sank by 559.68% to -$10.8 million in 2026.
- Business Quant data shows IBTA's Operating Income at -$10.8 million in Q1 2026, -$1.6 million in Q4 2025, and $2.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 145.83 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 382.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.92 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.35 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 162.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -1.37 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -326.15 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 431.33 Mn |
| 10 | Ibotta | 633.81 Mn | 469.21 Mn | 63.03 Mn | -10.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.83 Mn |
| Dec 31, 2025 | -1.64 Mn |
| Sep 30, 2025 | 2.37 Mn |
| Jun 30, 2025 | 1.24 Mn |
| Mar 31, 2025 | -2.80 Mn |
| Dec 31, 2024 | 12.97 Mn |
| Sep 30, 2024 | 20.71 Mn |
| Jun 30, 2024 | -21.66 Mn |
| Mar 31, 2024 | 15.91 Mn |
| Dec 31, 2023 | 26.26 Mn |
| Sep 30, 2023 | 10.87 Mn |
| Jun 30, 2023 | 19.81 Mn |
| Mar 31, 2023 | -942,000.00 |