Ibotta, Inc.

For the period ended Mar 31, 2026. Filed May 6, 2026.

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.

Mar 31, 2026 · Filed May 6, 2026

IBTA$59.91+3.1%Stored close · as of Nov 9, 2026

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Contents

Item 1. Financial Statements

CONDENSED BALANCE SHEETS

(In thousands, except share and per share amounts)

	March 31, 2026	December 31, 2025
(unaudited)
Assets
Current assets:
Cash and cash equivalents	$164,596	$186,612
Accounts receivable, less allowances of $1,409 and $2,494, respectively	183,052	208,709
Prepaid expenses and other current assets	13,353	12,604
Total current assets	361,001	407,925
Property and equipment, less accumulated depreciation of $3,712 and $3,029, respectively	23,212	23,434
Capitalized software development costs, less accumulated amortization of $26,279 and $24,165, respectively	26,482	24,193
Equity investment	4,531	4,531
Deferred tax assets, net	53,892	54,850
Operating lease assets	9,843	9,901
Other long-term assets	961	1,077
Total assets	$479,922	$525,911
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$7,237	$10,840
Due to third-party publishers	106,293	107,601
Deferred revenue	2,701	2,935
User redemption liability	63,381	65,521
Accrued expenses	19,754	19,614
Other current liabilities	1,557	1,249
Total current liabilities	200,923	207,760
Long-term liabilities:
Operating lease liabilities, long-term	25,319	25,501
Unrecognized tax benefits, long-term	4,701	4,999
Total liabilities	230,943	238,260
Commitments and contingencies (Note 13)
Stockholders’ equity:
Preferred stock, $0.00001 par value: 100,000,000 shares authorized and zero shares issued and outstanding as of March 31, 2026, and December 31, 2025	—	—
Class A common stock, $0.00001 par value: 3,000,000,000 shares authorized, 29,764,560 shares issued, and 20,427,707 shares outstanding as of March 31, 2026; 3,000,000,000 shares authorized, 29,429,656 shares issued, and 22,041,313 shares outstanding as of December 31, 2025	—	—
Class B common stock, $0.00001 par value: 350,000,000 shares authorized and 3,077,424 shares issued and outstanding as of March 31, 2026; 350,000,000 shares authorized and 3,137,424 shares issued and outstanding as of December 31, 2025	—	—
Treasury stock, at cost, 9,336,853 shares as of March 31, 2026 and 7,388,343 shares as of December 31, 2025	(312,719)	(267,575)
Additional paid-in capital	708,891	692,097
Accumulated deficit	(147,193)	(136,871)
Total stockholders' equity	248,979	287,651
Total liabilities and stockholders' equity	$479,922	$525,911

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.