Ibotta, Inc.

For the period ended Jun 30, 2025. Filed Aug 13, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 13, 2025

IBTA$58.11+0.4%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Statements of Operations

(In thousands, except share and per share amounts)

	Three months ended June 30,		Six months ended June 30,
	2025	2024	2025	2024
Revenue	$86,029	$87,926	$170,603	$170,253
Cost of revenue	17,925	12,283	35,017	22,798
Gross profit	68,104	75,643	135,586	147,455
Operating expenses:
Sales and marketing	28,809	50,018	58,667	78,147
Research and development	14,745	17,526	32,814	31,167
General and administrative	22,264	28,708	43,650	41,862
Depreciation and amortization	1,048	1,048	2,020	2,031
Total operating expenses	66,866	97,300	137,151	153,207
Income (loss) from operations	1,238	(21,657)	(1,565)	(5,752)
Interest income, net	2,636	2,672	6,321	867
Loss on debt extinguishment	—	(9,630)	—	(9,630)
Other expense, net	(6)	(1,414)	(405)	(3,116)
Income (loss) before provision for income taxes	3,868	(30,029)	4,351	(17,631)
Provision for income taxes	(1,378)	(3,937)	(1,306)	(7,038)
Net income (loss)	$2,490	$(33,966)	$3,045	$(24,669)
Net income (loss) per share:
Basic	$0.09	$(1.32)	$0.10	$(1.41)
Diluted	$0.08	$(1.32)	$0.10	$(1.41)
Weighted average common shares outstanding:
Basic	28,479,977	25,659,465	29,623,352	17,484,092
Diluted	30,433,519	25,659,465	31,819,817	17,484,092

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.