---
schema_version: "secwatch.filing_event.v1"
accession: "0001538379-25-000008"
form_type: "8-K"
ticker: "IBTA"
cik: "0001538379"
company_name: "Ibotta, Inc."
filed_at: "2025-08-13T23:59:59+00:00"
generated_at: "2026-05-17T13:55:27.474948+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ibotta Q2 revenue down 2% YoY to $86M; net income $2.5M vs prior year loss; Q3 guidance weak

## Summary
- 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.

## SEC filing metadata
- accession: 0001538379-25-000008
- form_type: 8-K
- ticker: IBTA
- cik: 0001538379
- company_name: Ibotta, Inc.
- filed_at: 2025-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538379/000153837925000008/0001538379-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538379/000153837925000008/ibta-20250813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538379-25-000008
- JSON: https://secwatch.observer/filing/0001538379-25-000008.json
- Plain text: https://secwatch.observer/filing/0001538379-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.