Ibotta (IBTA) Research & Development (2023 - 2026)

Ibotta has reported Research & Development for 4 years, with the latest figure at $14.5 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development fell 19.74% year-over-year to $14.5 million; the trailing twelve-month figure through Mar 2026 stood at $57.5 million (down 15.04% YoY), and the FY2025 full-year result was $61.1 million, down 3.46% from the prior year.
• Research & Development for Q1 2026 stood at $14.5 million, up from $14.2 million in the prior quarter.
• The five-year high for Research & Development was $18.1 million in Q1 2025, with the low at $11.7 million in Q1 2023.
• Historically, Research & Development has averaged $14.5 million across 4 years, with a median of $14.2 million in 2025.
• Annual changes were most pronounced in 2024 — Research & Development soared 43.42% — and 2026, when it retreated 19.74%.
• Ibotta's Research & Development stood at $13.7 million in 2023, then climbed by 15.55% to $15.8 million in 2024, then decreased by 9.94% to $14.2 million in 2025, then climbed by 1.8% to $14.5 million in 2026.
• The last three Research & Development figures came in at $14.5 million (Q1 2026), $14.2 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.