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Ibotta IBTA Deferred revenue — Deferred Revenue

Other product segments

User redemption liability
$63.4M-12.6%

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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$774.11M-3.3%
Enterprise value$634.83M+10.3%
P/S2.3×+0.1×

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:ContractWithCustomerLiabilityCurrent.

The source filing: Ibotta’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 5:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-031458
Line itemMarch 31, 2026December 31, 2025
Current liabilities:
Accounts payable$7,237$10,840
Due to third-party publishers106,293107,601
Deferred revenue2,7012,935
User redemption liability63,38165,521
Accrued expenses19,75419,614
Other current liabilities1,5571,249
Total current liabilities200,923207,760

Item 1. Financial Statements

FAQ

What is Ibotta's deferred revenue — deferred revenue?
Ibotta (IBTA) reported deferred revenue — deferred revenue of $2.7M in Q1 2026.
How has Ibotta's deferred revenue — deferred revenue changed year-over-year?
Ibotta's deferred revenue — deferred revenue decreased by 51.8% year-over-year, from $5.6M to $2.7M.
What does deferred revenue — deferred revenue mean?
This metric represents the portion of billings received from CPG brands or partners for which the associated performance marketing services have not yet been fully delivered. It functions as a liability on the balance sheet, reflecting the company's obligation to provide future promotional distribution or advertising services. As these performance obligations are satisfied over time, the deferred revenue is recognized as earned revenue in the income statement.

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