Ibotta annual gross margin
2022
2023
2024
2025
Ibotta Gross Margin Growth & History (IBTA)
Ibotta's gross margin was 79.25% for fiscal 2025.
View full Ibotta company overviewIbotta annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 79.25% | −7.11 pp |
| 2024 | 2024-12-31 | 86.35% | +0.10 pp |
| 2023 | 2023-12-31 | 86.25% | +8.17 pp |
| 2022 | 2022-12-31 | 78.08% | — |
Ibotta quarterly gross margin
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 78.42% | −0.74 pp |
| Q1 2026 | 2026-03-31 | 76.42% | −3.37 pp |
| Q4 2025 | 2025-12-31 | 78.65% | −5.94 pp |
| Q3 2025 | 2025-09-30 | 79.41% | −8.25 pp |
| Q2 2025 | 2025-06-30 | 79.16% | −6.87 pp |
| Q1 2025 | 2025-03-31 | 79.79% | −7.44 pp |
| Q4 2024 | 2024-12-31 | 84.60% | −3.04 pp |
| Q3 2024 | 2024-09-30 | 87.66% | +0.29 pp |
| Q2 2024 | 2024-06-30 | 86.03% | −1.51 pp |
| Q1 2024 | 2024-03-31 | 87.23% | +6.73 pp |
| Q4 2023 | 2023-12-31 | 87.64% | — |
| Q3 2023 | 2023-09-30 | 87.36% | — |
| Q2 2023 | 2023-06-30 | 87.54% | — |
| Q1 2023 | 2023-03-31 | 80.50% | — |
Ibotta gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Ibotta's gross margin increased from 78.08% to 79.25%, a change of +1.16 percentage points. The latest reported quarter, Q2 2026, shows 78.42%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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