Superworth

Ibotta profit margin IBTA

Gross, operating and net profit as a share of revenue over the last twelve months, from 2023.

Net margin, 12 months
−3.2%
Operating margin, 12 months
−3.5%
Net margin on a year earlier
−29.5 pts
Peer median
8.2%

Over the twelve months to Jun 30, 2026, Ibotta kept −3.2% of its revenue as net profit, with an operating margin of −3.5% and a gross margin of 78.2%.

The median for 10 application software stocks of a similar size is 8.2%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20251.0%−0.2%79.2%
FY202418.7%7.6%86.4%
FY202311.9%17.5%86.3%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−3.2%−29.5 pts−3.5%
Q1 FY26−2.1%−18.4 pts−2.6%
Q4 FY251.0%−17.7 pts−0.2%
Q3 FY2522.9%+19.9 pts3.9%
Q2 FY2526.2%+25.6 pts8.7%
Q1 FY2516.2%+1.2 pts2.5%
Q4 FY2418.7%+6.8 pts7.6%
Q3 FY243.0%n/a11.2%
Q2 FY240.7%n/a8.8%
Q1 FY2415.0%n/a21.1%
Q4 FY2311.9%n/a17.5%
Q3 FY23n/an/an/a

Against its peers

Companies in Software - Application nearest Ibotta's size, closest first, today.

CompanyProfit margin
IBTAIbotta−3.2%
UPWKUpwork12.9%
LZLegalzoom.Com2.1%
GDRXGoodRx2.1%
HSTMHealthstream6.6%
EVEREverQuote15.2%
TASKTaskUs8.8%
YEXTYext5.9%
MNTNMNTN18.0%
NRDSNerdwallet7.6%
EVTCEVERTEC9.8%
Peer median8.2%

Where Ibotta ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Ibotta

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.