---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-011669"
form_type: "8-K"
ticker: "IBTA"
cik: "0001538379"
company_name: "Ibotta, Inc."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:16:40.015868+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ibotta Q4 revenue falls 10% to $88.5M; full year net income drops 95% to $3.6M

## Summary
- Q4 revenue $88.5M (-10% YoY); full year $342.4M (-7% YoY); Q4 outcome exceeded guidance upper end.
- Q4 net loss $1.0M vs $76.2M net income in Q4 2024; full year net income $3.6M vs $68.7M.
- Q4 adjusted EBITDA $13.7M (15% margin) vs $27.8M (28% margin) YoY, down 51%.
- Q4 redeemers up 19% to 20.4M; third-party publisher redemptions up 12% to 74.0M.
- FY 2025 share repurchases 6.9M shares for $233.8M; Q1 2026 guide: rev $78-82M, Adj. EBITDA $6-8M.

## SEC filing metadata
- accession: 0001628280-26-011669
- form_type: 8-K
- ticker: IBTA
- cik: 0001538379
- company_name: Ibotta, Inc.
- filed_at: 2026-02-25T23:59:59+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/1538379/000162828026011669/0001628280-26-011669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538379/000162828026011669/ibta-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-011669
- JSON: https://secwatch.observer/filing/0001628280-26-011669.json
- Plain text: https://secwatch.observer/filing/0001628280-26-011669.txt

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