---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-051611"
form_type: "8-K"
ticker: "IBTA"
cik: "0001538379"
company_name: "Ibotta, Inc."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:09:21.923568+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ibotta Q3 revenue down 16% YoY to $83.3M; net income plunges 91%; guides Q4 below expectations

## Summary
- Revenue $83.3M, -16% YoY; net income $1.5M (-91% YoY); adjusted EBITDA $16.6M (-55% YoY).
- Redemption revenue $72.1M, -15% YoY; total redeemers 18.2M (+19% YoY) on Instacart and DoorDash launches.
- Q4 guidance: revenue $80-85M (midpoint -16% YoY), adjusted EBITDA $9-12M (margin ~13%).
- Repurchased 1.4M shares for $38.7M at avg $26.73; announced Circana partnership and LiveLift launch.
- Matt Puckett joined as CFO; sales team reorganized to industry-based model.

## SEC filing metadata
- accession: 0001628280-25-051611
- form_type: 8-K
- ticker: IBTA
- cik: 0001538379
- company_name: Ibotta, Inc.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538379/000162828025051611/0001628280-25-051611-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538379/000162828025051611/ibta-20251112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-051611
- JSON: https://secwatch.observer/filing/0001628280-25-051611.json
- Plain text: https://secwatch.observer/filing/0001628280-25-051611.txt

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