earnings
confidence high
sentiment negative
materiality 0.70
Ibotta Q1 revenue up 3% to $84.6M, net income plunges 94% to $0.6M
Ibotta, Inc.
2025-Q1 EPS reported
$0.02
revenue$84,574,000
- Redemption revenue $73.4M (+8% YoY); total redemptions 82.8M (+16% YoY) driven by Instacart and Walmart growth.
- Adjusted EBITDA $14.7M (17% margin) vs $22.7M (28% margin) last year; adjusted diluted EPS $0.36 vs $0.54.
- Repurchased 1.8M shares for $72.7M at avg $39.47/share; 17.1M redeemers (+37% YoY).
- Launched multi-year partnership with DoorDash; offers live for most customers post-quarter.
- Q2 2025 guidance: revenue $86.5-$92.5M, Adjusted EBITDA $17-$22M (22% margin at midpoint).