Ibotta (IBTA) Tax Rate (2023 - 2025)
Ibotta (IBTA) recorded Tax Rate of -131.58% in Q2 2026, down 167.77 percentage points from 36.19% a year earlier and down 120.89 percentage points from the prior quarter.
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Analysis
Ibotta (IBTA) Tax Rate (2023 - 2025) Analysis & Trends
On a TTM basis, Ibotta's Tax Rate came in at -151.88% as of Jun 30, 2026, down 44.36 percentage points year-over-year; for FY2025, it came in at 63.69%, up 244.32 percentage points from FY2024.
- Annual Tax Rate has a three-year change of +64.17 percentage points (FY2022 to FY2025).
- Across earlier years, Tax Rate came in at -180.63% in FY2024 (-194.10 pp), 13.47% in FY2023 (+13.95 pp) and -0.48% in FY2022.
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +52.38 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 859.14 percentage points in Q4 2025, against a drop of 364.58 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -10.69% (Q1 2026), 511.07% (Q4 2025) and 70.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn | 15.50% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 16.40% |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn | - |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn | 25.63% |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - | 23.83% |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn | - |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn | 15.87% |
| 10 | Ibotta | 914.46 Mn | 191.79 Mn | 69.72 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 511.07% |
| Sep 30, 2025 | 70.81% |
| Jun 30, 2025 | 36.19% |
| Sep 30, 2024 | 31.44% |
| Mar 31, 2024 | 25.01% |
| Dec 31, 2023 | 16.51% |
| Jun 30, 2023 | 14.97% |
API Access
Ibotta Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=IBTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IBTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=IBTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();