Ibotta, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
IBTA$59.91+3.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Operations
(In thousands, except share and per share amounts)
| Year ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $342,389 | $367,254 | $320,037 |
| Cost of revenue | 71,055 | 50,121 | 43,992 |
| Gross profit | 271,334 | 317,133 | 276,045 |
| Operating expenses: | |||
| Sales and marketing | 118,935 | 139,214 | 114,756 |
| Research and development | 61,082 | 63,271 | 49,996 |
| General and administrative | 88,244 | 82,739 | 51,633 |
| Depreciation and amortization | 3,914 | 3,984 | 3,661 |
| Total operating expenses | 272,175 | 289,208 | 220,046 |
| (Loss) income from operations | (841) | 27,925 | 55,999 |
| Interest income (expense), net | 10,781 | 9,414 | (6,884) |
| Loss on debt extinguishment | — | (9,686) | — |
| Other expense, net | (93) | (3,157) | (5,064) |
| Income before (provision for) benefit from income taxes | 9,847 | 24,496 | 44,051 |
| (Provision for) benefit from income taxes | (6,272) | 44,246 | (5,934) |
| Net income | $3,575 | $68,742 | $38,117 |
| Net income per share: | |||
| Basic | $0.13 | $2.85 | $4.26 |
| Diluted | $0.12 | $2.56 | $1.42 |
| Weighted average common shares outstanding: | |||
| Basic | 28,366,770 | 24,124,833 | 8,948,537 |
| Diluted | 30,100,579 | 26,860,931 | 26,921,567 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.