Filing Flows › Ibotta (IBTA) › Q2 2026 › vs Q2 2025
Ibotta (IBTA) Q2 2026 vs Q2 2025 (year over year)
Ibotta's revenue rose $2.9M (+3%) from $86.0M in Q2 2025 to $88.9M in Q2 2026. The biggest changes: Redemption revenue +$7.0M (+10%); Ad & other revenue −$4.1M (-32%).
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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Redemption revenue | $80.2M | $73.2M | $7.0M | +10% |
| Ad & other revenue | $8.7M | $12.8M | −$4.1M | -32% |
| Revenue | $88.9M | $86.0M | $2.9M | +3% |
| Other income, net | $1.3M | $2.6M | −$1.3M | -49% |
| Net loss | $1.2M | −$2.5M | $3.7M | — |
| Costs & expenses | $91.5M | $88.7M | $2.8M | +3% |
| Operating costs | $90.8M | $84.8M | $6.0M | +7% |
| Income tax | $697K | $1.4M | −$681K | -49% |
| Cost of revenue | $19.2M | $17.9M | $1.3M | +7% |
| Research & development | $15.1M | $14.7M | $328K | +2% |
| Sales & marketing | $32.9M | $28.8M | $4.1M | +14% |
| General & admin | $21.8M | $22.3M | −$473K | -2% |
| Other operating costs | $1.9M | $1.0M | $804K | +77% |
| Operating cash sources | $16.2M | $13.9M | $2.3M | +17% |
| Depreciation & amortization | $3.4M | $2.4M | $929K | +38% |
| Share-based compensation | $12.9M | $11.5M | $1.4M | +12% |
| Net loss absorbed | $1.2M | −$2.5M | $3.7M | — |
| Working capital & other | $1.7M | −$9.5M | $11.2M | — |
| Operating cash flow | $13.3M | $25.9M | −$12.6M | -49% |
Questions
How much did Ibotta's revenue grow year over year in Q2 2026?
Ibotta's revenue rose $2.9M (+3%) from $86.0M in Q2 2025 to $88.9M in Q2 2026.
What drove Ibotta's revenue change in Q2 2026?
Redemption revenue +$7.0M (+10%); Ad & other revenue −$4.1M (-32%).