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Ibotta IBTA Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin78.4%-6.2pp79.2%-7.1pp80.9%-6.3pp83%-4.0pp84.7%-2.8pp
Operating margin-2.6%-5.1pp-0.2%-7.8pp3.9%-7.3pp8.7%-0.1pp2.5%-18.6pp
Efficiency
Asset turnover0.6×0.6×0.6×
Liquidity
Current ratio1.8×-0.9×-0.9×2.2×-0.5×2.4×2.7×
Leverage
Debt-to-equity0.1×0.1×0.1×
Net debt / EBITDA-892.8×-21.5×-9.2×
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-23.5%$604.23M$790.91M$974.95M$1.31B
Price / sales2.2×-0.4×1.8×2.2×2.7×3.5×
Price / book+0.6×2.1×2.4×2.8×3.3×
EV / EBITDA3,866.6×+3,827×59.3×27.5×

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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.