Filing Flows › Ibotta (IBTA) › Q2 2026 › vs Q1 2026
Ibotta (IBTA) Q2 2026 vs Q1 2026 (quarter over quarter)
Ibotta's revenue rose $6.4M (+8%) from $82.5M in Q1 2026 to $88.9M in Q2 2026. The biggest changes: Redemption revenue +$7.2M (+10%); Ad & other revenue −$760K (-8%).
Ibotta, Q2 2026: revenue $88.9M (+3% year over year), operating margin -2.1%, net loss $1.2M, operating cash flow $13.3M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Redemption revenue | $80.2M | $73.0M | $7.2M | +10% |
| Ad & other revenue | $8.7M | $9.5M | −$760K | -8% |
| Revenue | $88.9M | $82.5M | $6.4M | +8% |
| Other income, net | $1.3M | $1.5M | −$134K | -9% |
| Net loss | $1.2M | $10.3M | −$9.1M | -88% |
| Costs & expenses | $91.5M | $94.3M | −$2.8M | -3% |
| Operating costs | $90.8M | $93.3M | −$2.5M | -3% |
| Income tax | $697K | $969K | −$272K | -28% |
| Cost of revenue | $19.2M | $19.4M | −$264K | -1% |
| Research & development | $15.1M | $14.5M | $571K | +4% |
| Sales & marketing | $32.9M | $34.0M | −$1.2M | -3% |
| General & admin | $21.8M | $23.8M | −$2.0M | -8% |
| Other operating costs | $1.9M | $1.6M | $297K | +19% |
| Operating cash sources | $16.2M | $17.4M | −$1.2M | -7% |
| Depreciation & amortization | $3.4M | $2.9M | $503K | +18% |
| Share-based compensation | $12.9M | $14.5M | −$1.7M | -11% |
| Net loss absorbed | $1.2M | $10.3M | −$9.1M | -88% |
| Working capital & other | $1.7M | −$23.3M | $25.1M | — |
| Operating cash flow | $13.3M | $30.4M | −$17.1M | -56% |
Questions
How much did Ibotta's revenue grow quarter over quarter in Q2 2026?
Ibotta's revenue rose $6.4M (+8%) from $82.5M in Q1 2026 to $88.9M in Q2 2026.
What drove Ibotta's revenue change in Q2 2026?
Redemption revenue +$7.2M (+10%); Ad & other revenue −$760K (-8%).