Ibotta, Inc. Class A (IBTA)

In the past six months, Ibotta, Inc. reported its Fourth Quarter 2025 and First Quarter 2026 financial results. For Q1 2026, Ibotta reported a revenue of $82.5 million, a 2% decline year-over-year, and a net loss of $10.3 million. Adjusted EBITDA for the quarter was $8.7 million, a 41% decrease year-over-year, and non-GAAP net income halved to $6.0 million. Despite these declines, the company generated strong cash flow from operating activities of $30.4 million and free cash flow of $23.3 million. Ibotta also repurchased 1.9 million shares for $44.7 million during Q1 2026. Key partnerships announced include Uber joining the Ibotta Performance Network and Giant Eagle tapping Ibotta as its exclusive digital promotions partner. Ibotta also extended its partnership with the Denver Nuggets.

Demand for Ibotta's products and services exhibits seasonality, with the company actively working with brands to capture demand precisely when shoppers are ready to buy and leveraging seasonal moments and event programming to drive sales. Brands using Ibotta's seasonal event programming have seen an average of 90% sales lift during key brand moments.

Ibotta, Inc. is an American mobile technology company based in Denver, Colorado, operating in the technology sector, specifically within internet services and application software. Its core business revolves around performance marketing and CPG campaign measurement through its digital promotions platform. Ibotta offers the Ibotta Performance Network (IPN) and direct-to-consumer (D2C) properties, including a mobile app, website, and browser extension, enabling CPG brands to deliver digital promotions and cash back rewards to consumers. The platform supports offers across various categories and partners with major retailers to integrate its offers.

As of 2024, Ibotta, Inc. operates solely within the United States.

In the past year, Ibotta has engaged in various initiatives and partnerships that contribute positively to its brand reputation, including partnerships with the New Orleans Pelicans, F1 driver Logan Sargeant, and UConn Huskies basketball player Paige Bueckers. Ibotta highlights its community involvement, including donating over $100,000 through its "Shot for Change" initiative with the Denver Nuggets, spending 230 hours on volunteer time during "Ibotta Gives Week," matching over $5,000 in employee donations during Colorado Gives Day, and donating $4,000 to LGBTQ+ Denver organizations during Pride month in 2025. The company proudly fed 1.6 million savers through its "Thanksgiving on Us" program in 2025.

Ibotta, Inc. has significant institutional ownership, with 125 institutional owners holding a total of 15,251,105 shares, representing approximately 65.06% of the company. Major institutional shareholders include Koch, Inc., D. E. Shaw & Co., Inc., Vanguard Group Inc, BlackRock, Inc., HSBC Holdings Plc, and Citigroup Inc. Ibotta insiders own about 77.15% of the company. Clark Jermoluk Founders Fund I LLC is the largest individual Ibotta shareholder, holding 5.77 million shares, representing 23.71% of the company. Other notable insider owners include Kdt Ibotta Holdings LLC and Bryan Leach (CEO).