earnings
confidence high
sentiment negative
materiality 0.75
Ibotta Q2 revenue down 2% YoY to $86M; net income $2.5M vs prior year loss; Q3 guidance weak
Ibotta, Inc.
2025-Q2 EPS reported
$0.10
revenue$170,603,000
- Revenue $86.0M (-2% YoY); redemption revenue $73.2M (-1%); net income $2.5M (vs -$34.0M loss in Q2 2024).
- Adjusted EBITDA $17.9M (21% margin), down 29% YoY; adj net income $14.9M (17% margin).
- Q3 2025 guidance: revenue $79-84M (down ~17% at midpoint), Adj. EBITDA $9.5-13.5M (14% margin).
- Repurchased 1.4M shares for $67.5M at avg $46.59; hired new CFO Matt Puckett after quarter-end.
- Redeemers grew 27% YoY to 17.3M; DoorDash majority launch; sales re-org implemented.
item 2.02item 9.01