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Ibotta IBTA Breakage — Total Revenue

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Other financials

Income statement

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Revenue$82.5M-2.5%
Gross profit$63.0M-6.6%
Operating income-$10.8M-286%
Net income-$10.3M-1,960%
EPS (diluted)-$0.43-2,250%

Balance sheet

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Cash & equivalents$164.6M-44.7%
Total debt$25.3M-1.1%
Total equity$249.0M-38.0%
Total assets$479.9M-24.9%

Cash flow

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Operating cash flow$30.4M+52.9%
CapEx$3.1M+62.0%
Free cash flow$27.3M+52.0%

Valuation

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Market cap$742.47M-23.5%
Enterprise value$603.19M-13.6%
P/S2.2×-0.4×

Profitability

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Gross margin78.4%-6.2pp
Operating margin-2.6%-5.1pp
Net margin22.9%+19.9pp
FCF margin24.8%-6.0pp

Returns & leverage

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Return on equity22.8%+16.9pp
Debt / equity0.1×0.0×
Current ratio1.8×-0.9×

Where this comes from

Reported directly by Ibotta in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Ibotta’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ibotta's breakage — total revenue?
Ibotta (IBTA) reported breakage — total revenue of $2.16M in Q1 2026.
How has Ibotta's breakage — total revenue changed year-over-year?
Ibotta's breakage — total revenue decreased by 19.7% year-over-year, from $2.69M to $2.16M.
What is the long-term trend for Ibotta's breakage — total revenue?
Over 3 years (2022 to 2025), Ibotta's breakage — total revenue has grown at a -16.5% compound annual growth rate (CAGR), from $16.46M to $9.57M.
What does breakage — total revenue mean?
This metric represents the revenue recognized from the expiration of unredeemed consumer incentives or loyalty rewards within the performance marketing network. It reflects the portion of promotional offers that remain unused by end-users after the expiration period, allowing the company to recognize the associated liability as earned income. This serves as a key indicator of consumer engagement levels and the efficiency of promotional offer lifecycles.