Growth Metrics

iSHARES TRUST (IBTA) Research & Development (2023 - 2025)

Ibotta's Research & Development history spans 3 years, with the latest figure at $14.2 million for Q4 2025.

  • For Q4 2025, Research & Development fell 9.94% year-over-year to $14.2 million; the TTM value through Dec 2025 reached $61.1 million, down 3.46%, while the annual FY2025 figure was $61.1 million, 3.46% down from the prior year.
  • Research & Development reached $14.2 million in Q4 2025 per IBTA's latest filing, up from $14.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $18.1 million in Q1 2025 to a low of $11.7 million in Q1 2023.
  • Average Research & Development over 3 years is $14.5 million, with a median of $14.1 million recorded in 2025.
  • Peak YoY movement for Research & Development: skyrocketed 43.42% in 2024, then fell 15.87% in 2025.
  • A 3-year view of Research & Development shows it stood at $13.7 million in 2023, then increased by 15.55% to $15.8 million in 2024, then dropped by 9.94% to $14.2 million in 2025.
  • Per Business Quant, the three most recent readings for IBTA's Research & Development are $14.2 million (Q4 2025), $14.0 million (Q3 2025), and $14.7 million (Q2 2025).