Ibotta IBTA Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 78.4%-6.2pp | 79.2%-7.1pp | 80.9%-6.3pp | 83%-4.0pp | 84.7%-2.8pp | |
| Operating margin | -2.6%-5.1pp | -0.2%-7.8pp | 3.9%-7.3pp | 8.7%-0.1pp | 2.5%-18.6pp | |
| Returns | ||||||
| Return on invested capital | -3.7%-15.3pp | -0.4%-39.6pp | —— | —— | 11.6%— | |
| Efficiency | ||||||
| Asset turnover | 0.6×-0.2× | 0.6×-0.2× | 0.6×— | 0.6×— | 0.8×— | |
| Liquidity | ||||||
| Current ratio | 1.8×-0.9× | 2×-0.9× | 2.2×-0.5× | 2.4×-0.4× | 2.7×+1.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×+0.1× | 0.1×— | 0.1×— | 0.1×-1.4× | |
| Net debt / EBITDA | -892.8×-877× | -21.5×-11.8× | -9.2×— | -5.5×— | -15.5×-15.3× | |
| Per Share | ||||||
| Book value per share | $10.31-14.6% | $9.56-43.9% | $11.22-0.4% | $11.64-17.0% | $12.08+677% | |
| Valuation | ||||||
| Market capitalization | $744.33M-23.3% | $604.23M-69.7% | $790.91M-58.1% | $974.95M-52.5% | $1.31B— | |
| Price / sales | 2.2×-0.4× | 1.8×-3.7× | 2.2×-2.9× | 2.7×-3.1× | 3.5×— | |
| Price / book | 3×+0.6× | 2.1×-2.3× | 2.4×-2.6× | 2.8×-3.0× | 3.3×— | |
| EV / EBITDA | 3,878.6×+3,839× | 59.3×+13.6× | 27.5×— | 18.4×— | 59.1×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Ibotta's profit margins?
- Ibotta (IBTA) runs a 78.4% gross margin and a -2.6% operating margin, with a 22.9% net margin.
- Where do Ibotta's ratios come from?
- Every ratio is computed from Ibotta's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
