---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-031279"
form_type: "8-K"
ticker: "IBTA"
cik: "0001538379"
company_name: "Ibotta, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:37:42.267272+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ibotta Q1 revenue down 2% to $82.5M, net loss of $10.3M; Q2 guidance below prior year

## Summary
- Revenue $82.5M (-2% YoY); net loss $10.3M vs $0.6M net income in Q1 2025.
- Adjusted EBITDA $8.7M (11% margin), down 41% from $14.7M (17% margin) last year.
- Redeemers grew 15% to 19.7M; third-party redemptions up 15% to 70.7M.
- Q2 2026 guidance: revenue $82-86M (midpoint -2% YoY), adj. EBITDA $9-12M.
- Repurchased 1.9M shares for $44.7M; exclusive IPN partnerships with Uber and Giant Eagle.

## SEC filing metadata
- accession: 0001628280-26-031279
- form_type: 8-K
- ticker: IBTA
- cik: 0001538379
- company_name: Ibotta, Inc.
- filed_at: 2026-05-06T23:59:59+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/1538379/000162828026031279/0001628280-26-031279-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538379/000162828026031279/ibta-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-031279
- JSON: https://secwatch.observer/filing/0001628280-26-031279.json
- Plain text: https://secwatch.observer/filing/0001628280-26-031279.txt

## Source-grounded claims
- claim_id: ce3440e31dbe91dfc7bca0df959978900be5082f
  claim: Ibotta, Inc. reported the first quarter ended March 31, 2026 results: revenue $82.5 million, net income $(10.3) million, EPS $(0.43) per diluted share.
  evidence_excerpt: Results Ibotta’s first quarter financial results exceeded the upper end of the guidance range for both revenue and adjusted EBITDA. Revenue declined by 2% year-over-year to $82.5 million Generated net loss of $10.3 million, representing net loss as a percent of revenue of (13)%, and adjusted EBITDA of $8.7 million, representing an 11% adjusted EBITDA margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538379/000162828026031279/0001628280-26-031279-index.htm

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