Ibotta Q3 revenue $98.6M (+16% YoY), net income $17.2M; Q4 guidance $100-106M revenue

Ibotta, Inc.

2024-Q3 EPS reported -$0.34 revenue$268,874,000

Revenue $98.6M (+16% YoY), net income $17.2M vs $8.4M; diluted EPS $0.51.
Adjusted EBITDA $36.5M (37% margin) vs $24.1M (28% margin) a year ago.
Redemption revenue $84.5M (+28% YoY); total redeemers 15.3M (+63% YoY).
Q4 2024 guidance: revenue $100-106M, Adj EBITDA $30-34M (31% margin midpoint).
Multi-year strategic partnership with Instacart; piloting digital offers, full launch expected by year-end.

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