IBOTTA, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $342.4M | $367.3M | $320.0M | $210.7M |
| Cost of Revenue | $71.1M | $50.1M | $44.0M | $46.2M |
| Gross Profit | $271.3M | $317.1M | $276.0M | $164.5M |
| Gross Margin | 79.2% | 86.4% | 86.3% | 78.1% |
| Operating Expenses | ||||
| Research & Development | $61.1M | $63.3M | $50.0M | $42.6M |
| SG&A Expense | $88.2M | $82.7M | $51.6M | $49.2M |
| Operating Income | $-841.0K | $27.9M | $56.0M | $-40.3M |
| Operating Margin | -0.2% | 7.6% | 17.5% | -19.1% |
| Interest Expense | $500.0K | $3.6M | $8.8M | $6.2M |
| Pretax Income | $9.8M | $24.5M | $44.1M | $-54.6M |
| Income Tax Expense | $6.3M | $-44.2M | $5.9M | $262.0K |
| Net Income | $3.6M | $68.7M | $38.1M | $-54.9M |
| Net Margin | 1.0% | 18.7% | 11.9% | -26.0% |
| EPS (Basic) | $0.13 | $2.85 | $4.26 | $-2.11 |
| EPS (Diluted) | $0.12 | $2.56 | $1.42 | $-2.11 |
| Shares Outstanding (Basic) | 28.4M | 24.1M | 8.9M | 26.0M |
| Shares Outstanding (Diluted) | 30.1M | 26.9M | 26.9M | 26.0M |
| Dividends Per Share | — | — | — | — |