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.

Ibotta IBTA Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	78.4%-0.8pp	79.2%-1.6pp	80.9%-2.2pp	83%-1.6pp	84.7%-1.7pp
Operating margin	-2.6%-2.4pp	-0.2%-4.2pp	3.9%-4.8pp	8.7%+6.2pp	2.5%-5.1pp
EBITDA margin	0%-2.1pp	2.2%-3.9pp	6.1%-5.0pp	11.1%+6.3pp	4.8%-5.1pp
Free cash flow margin	24.8%+2.9pp	21.9%+0.2pp	21.7%-5.8pp	27.5%-3.3pp	30.8%-0.5pp
Returns
Return on invested capital	-3.7%-3.4pp	-0.4%—	——	——	11.6%-27.7pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×-0.1×	0.8×0.0×
Liquidity
Current ratio	1.8×-0.2×	2×-0.2×	2.2×-0.2×	2.4×-0.3×	2.7×-0.2×
Quick ratio	1.8×-0.2×	2×-0.2×	2.2×-0.2×	2.4×-0.3×	2.7×-0.2×
Cash ratio	0.8×-0.1×	0.9×-0.2×	1.1×-0.1×	1.2×-0.3×	1.5×-0.2×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×+0.1×
Debt-to-assets	0.1×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-892.8×-871×	-21.5×-12.3×	-9.2×-3.7×	-5.5×+10.0×	-15.5×-5.8×
Interest coverage	-1×-1.0×	-0.1×-1.1×	1.1×-1.1×	2.2×+1.5×	0.6×-2.3×
Per Share
Book value per share	$10.31+7.9%	$9.56-14.8%	$11.22-3.6%	$11.64-3.7%	$12.08-29.0%
Valuation
Market capitalization	$744.33M-23.5%	$604.23M-23.6%	$790.91M-18.9%	$974.95M-25.5%	$1.31B-34.3%
Enterprise value	$605.06M-13.6%	$443.38M-25.2%	$593.05M-20.9%	$749.9M-27.7%	$1.04B-37.0%
Price / sales	2.2×-0.4×	1.8×-0.5×	2.2×-0.4×	2.7×-0.9×	3.5×-1.9×
Price / book	3×+0.6×	2.1×-0.3×	2.4×-0.4×	2.8×-0.5×	3.3×-1.1×
EV / EBITDA	3,866.6×+3,827×	59.3×+31.8×	27.5×+9.1×	18.4×-40.7×	59.1×+13.4×
EV / sales	1.8×-0.1×	1.3×-0.4×	1.7×-0.4×	2×-0.8×	2.8×-1.7×
Free cash flow yield	11.4%-0.4pp	12.4%+2.7pp	9.7%-0.7pp	10.4%+1.7pp	8.7%+2.9pp

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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.