secwatch.observer — SEC 8-K summary
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Issuer:     Ibotta, Inc. (IBTA)
CIK:        0001538379
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001628280-25-051611
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538379/000162828025051611/0001628280-25-051611-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538379/000162828025051611/ibta-20251112.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-051611

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