secwatch.observer — SEC 8-K summary
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Issuer:     Ibotta, Inc. (IBTA)
CIK:        0001538379
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001628280-26-031279
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538379/000162828026031279/0001628280-26-031279-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538379/000162828026031279/ibta-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-031279

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