secwatch.observer — SEC 8-K summary
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Issuer:     Ibotta, Inc. (IBTA)
CIK:        0001538379
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001538379-25-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538379/000153837925000008/0001538379-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538379/000153837925000008/ibta-20250813.htm
  HTML page:      https://secwatch.observer/filing/0001538379-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer