Ibotta, Inc.
IBTA
Analytical Summary
Ibotta, Inc. shows strong fundamentals with top-quartile Debt to Equity. The company's metrics support a bullish outlook for growth-oriented investors.
5-Year Financial Trajectory
AnnualBullish Indicators
- Debt to EquityDebt to Equity is in the top quartile (lower is better)
Bearish Risks
- No bearish risks detected.
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
-6.8%
Weak
↓
Weak
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Below avg (-235%)
|
14.8%
Good
Good
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+195%)
|
51.9%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+938%)
|
— | — |
| EPS Growth YoY (%) |
-95.4%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
-33.1%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
N/M | — | — |
| Net Income Growth YoY (%) |
-94.8%
Weak
Weak
Year-over-year change in net income |
80.3%
Excellent
Excellent
Year-over-year change in net income |
N/M | — | — |
| FCF Growth YoY (%) |
-44.6%
Weak
Weak
Year-over-year change in free cash flow |
92.5%
Excellent
Excellent
Year-over-year change in free cash flow |
N/M | — | — |
| Revenue CAGR 3Y (%) |
17.6%
Excellent
Excellent
Compound annual revenue growth over 3 years |
— | — | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Operating Margin (%) (%) |
-0.2%
Weak
↓
Weak
Declining
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-102%)
|
7.6%
Caution
↑
Caution
Improving
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-37%)
|
17.5%
Fair
Fair
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+46%)
|
-19.1%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-259%)
|
— |
| Effective Tax Rate (%) (%) |
63.7%
Weak
↑
Weak
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-180.6%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
13.5%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.5%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— |
| Profit Margin (%) (%) |
1.0%
Weak
↓
Weak
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-87%)
|
18.7%
Good
↑
Good
Improving
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+134%)
|
11.9%
Fair
Fair
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Above avg (+49%)
|
-26.0%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-425%)
|
— |
| FCF Margin (%) (%) |
21.9%
Excellent
↑
Excellent
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
31.3%
Excellent
↑
Excellent
Improving
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
6.9%
Caution
Caution
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-27.2%
Weak
Weak
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
— |
| FCF / Net Income (x) |
20.97x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
1.67x
Excellent
↑
Excellent
Improving
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.58x
Weak
Weak
Free cash flow relative to reported net income
Optimal:
> 1x
|
1.04x
Fair
Fair
Free cash flow relative to reported net income
Optimal:
> 1x
|
— |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Return on Invested Capital (%) |
-0.1%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
17.1%
Excellent
↓
Excellent
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
52.5%
Excellent
Excellent
Return earned on debt + equity capital invested
Optimal:
> 10%
|
116.4%
Excellent
Excellent
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— |
| Return on Capital (%) (%) |
-0.2%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
4.1%
Caution
Caution
Operating profit relative to total assets
Optimal:
> 10%
|
17.5%
Excellent
Excellent
Operating profit relative to total assets
Optimal:
> 10%
|
— | — |
| Return on Common Equity (%) (%) |
1.2%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-92%)
|
15.0%
Good
↓
Good
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
At sector avg
|
136.5%
Excellent
Excellent
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+810%)
|
157.7%
Excellent
Excellent
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+951%)
|
— |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Debt to Equity (x) |
0.00x
Excellent
↓
Excellent
Declining
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-100%)
|
0.00x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-100%)
|
2.31x
Weak
Weak
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+230%)
|
— | — |
| Interest Coverage (x) |
-1.68x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
7.76x
Good
↑
Good
Improving
Operating income divided by interest expense
Optimal:
> 5x
|
6.36x
Good
Good
Operating income divided by interest expense
Optimal:
> 5x
|
-6.50x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— |
| Net Debt (USD) | $-186.61M | $-349.28M | $1.86M | — | — |
| Debt / EBITDA (x) |
0.00x
Excellent
↓
Excellent
Declining
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
0.00x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
1.03x
Good
Good
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $342.39M | $367.25M | $320.04M | $210.70M | — |
| Depreciation Expense (USD) | $8.32M | $8.08M | $6.66M | $6.32M | — |
| Net Income, GAAP (USD) | $3.58M | $68.74M | $38.12M | $-54.86M | — |
| Operating Cash Flow (USD) | $95.27M | $115.92M | $22.72M | $-56.50M | — |
Secondary lens
Benchmark Lens
Compare IBTA against peers after checking the statement evidence.
Open lens
Benchmark Lens
Compare IBTA against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for IBTA
Debt to Equity is in the top quartile (lower is better)
No bearish signals detected
Percentile Rankings
How IBTA compares to all companies
Peer Comparison
IBTA vs similar peers
Compare IBTA with peers
Stack IBTA against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 5 years · 15 quarters