Ibotta, Inc.
For the period ended Jun 30, 2026. Filed Aug 4, 2026.
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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, 2026 · Filed Aug 4, 2026
IBTA$58.11+0.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
CONDENSED BALANCE SHEETS
(In thousands, except share and per share amounts)
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| (unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $148,173 | $186,612 |
| Accounts receivable, less allowances of $1,193 and $2,494, respectively | 203,391 | 208,709 |
| Prepaid expenses and other current assets | 14,071 | 12,604 |
| Total current assets | 365,635 | 407,925 |
| Property and equipment, less accumulated depreciation of $4,494 and $3,029, respectively | 23,204 | 23,434 |
| Capitalized software development costs, less accumulated amortization of $28,697 and $24,165, respectively | 27,964 | 24,193 |
| Equity investment | 4,531 | 4,531 |
| Deferred tax assets, net | 53,493 | 54,850 |
| Operating lease assets | 9,762 | 9,901 |
| Other long-term assets | 810 | 1,077 |
| Total assets | $485,399 | $525,911 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $7,306 | $10,840 |
| Due to third-party publishers | 121,213 | 107,601 |
| Deferred revenue | 2,602 | 2,935 |
| User redemption liability | 62,008 | 65,521 |
| Accrued expenses | 19,343 | 19,614 |
| Other current liabilities | 996 | 1,249 |
| Total current liabilities | 213,468 | 207,760 |
| Long-term liabilities: | ||
| Operating lease liabilities, long-term | 25,134 | 25,501 |
| Unrecognized tax benefits, long-term | 5,224 | 4,999 |
| Total liabilities | 243,826 | 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 June 30, 2026, and December 31, 2025 | — | — |
| Class A common stock, $0.00001 par value: 3,000,000,000 shares authorized, 30,278,711 shares issued, and 20,230,660 shares outstanding as of June 30, 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 3,027,424 shares issued and outstanding as of June 30, 2026; 350,000,000 shares authorized and 3,137,424 shares issued and outstanding as of December 31, 2025 | — | — |
| Treasury stock, at cost, 10,048,051 shares as of June 30, 2026 and 7,388,343 shares as of December 31, 2025 | (335,953) | (267,575) |
| Additional paid-in capital | 725,948 | 692,097 |
| Accumulated deficit | (148,422) | (136,871) |
| Total stockholders' equity | 241,573 | 287,651 |
| Total liabilities and stockholders' equity | $485,399 | $525,911 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.