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Ibotta (IBTA) Q4 FY2023 earnings: revenue $100 million

Ibotta, Inc. (IBTA) reported revenue of $100 million for Q4 FY2023, the quarter ended 31 December 2023. Net income was $19 million. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.

Revenue$100 million
Net income$19 million
Diluted EPSn/a
QuarterQ4 FY2023ended 31 December 2023

The quarter, against the one before and a year earlier

LineQ4 FY2023Q3 FY2023A year earlierChange on the year
Revenue99.785.3n/an/a
Cost of revenue12.310.8n/an/a
Gross profit87.474.5n/an/a
Gross margin87.6%87.4%n/a
Research and development13.712.4n/an/a
Operating income26.310.9n/an/a
Operating margin26.3%12.7%n/a
Interest expense2.82.0n/an/a
Pre-tax income22.37.8n/an/a
Income tax3.7-0.6n/an/a
Effective tax rate16.5%-7.8%n/a
Net income18.68.4n/an/a
Net margin18.7%9.9%n/a
Diluted EPSn/a$0.31n/an/a
$ million except per share.
Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

LineQ4 FY2023Q3 FY2023A year earlierChange on the year
Operating cash flow23.7-2.0n/an/a
Capital expenditure0.20.2n/an/a
Free cash flow23.5-2.2n/an/a
Free cash flow margin23.6%-2.6%n/a
Cash from investing-2.0-2.5n/an/a
Cash from financing1.20.5n/an/a
Depreciation and amortisation0.92.5n/an/a
Share-based compensation1.710.8n/an/a
Diluted shares, weighted27m27mn/an/a
Shares outstanding at period end9mn/an/an/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

LineQ4 FY2023Q3 FY2023A year earlierChange on the year
Shareholders' equity27.91.3n/an/a
Redeemable equity0.00.0n/an/a
Debt64.4n/an/an/a
Operating lease liabilities1.5n/an/an/a
Other liabilities226n/an/an/a
Total liabilities and equity320n/an/an/a
Fixed assets2.5n/an/an/a
Cash and equivalents62.639.7n/an/a
Receivables226n/an/an/a
Other assets28.2n/an/an/a
Total assets320n/an/an/a

Questions

What was Ibotta's revenue in Q4 FY2023?

Ibotta (IBTA) reported revenue of $100 million for Q4 FY2023, the quarter ended 31 December 2023.

How much did Ibotta earn in Q4 FY2023?

Net income for Q4 FY2023 was $19 million.

When did Ibotta report Q4 FY2023 results?

Ibotta filed its 10-K for the year that ended with the quarter on 27 February 2025; the fourth quarter is the year less the first three.

Quarterly results, the last 14 quarters

Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024 †Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue57.777.485.399.782.387.998.698.484.686.083.388.582.588.9
Cost of revenue11.29.610.812.310.512.312.215.217.117.917.118.919.419.2
Gross profit46.467.774.587.471.875.686.483.267.568.166.169.663.069.7
Gross margin80%88%87%88%87%86%88%85%80%79%79%79%76%78%
R&D11.712.212.413.713.617.516.315.818.114.714.014.214.515.1
Operating income-0.919.810.926.315.9-21.720.713.0-2.81.22.4-1.6-10.8-1.9
Operating margin-2%26%13%26%19%-25%21%13%-3%1%3%-2%-13%-2%
Interest expense2.02.02.02.82.80.70.00.1n/an/an/an/an/an/a
Pre-tax income-4.118.07.822.312.4-30.025.117.00.53.95.30.2-9.4-0.5
Tax raten/a15%-8%17%25%n/a31%-348%-15%36%71%511%n/an/a
Net income-4.315.38.418.69.3-34.017.276.20.62.51.5-1.0-10.3-1.2
Net margin-7%20%10%19%11%-39%17%77%1%3%2%-1%-13%-1%
Diluted EPS-$0.49$0.58$0.31n/a$0.33-$1.32$0.51$2.27$0.02$0.08$0.05-$0.04-$0.43-$0.05
Operating cash flow2.7-1.6-2.023.719.435.039.522.019.925.921.827.830.413.3
Capital expenditure0.00.20.20.20.20.20.30.21.93.67.27.53.10.9
Free cash flow2.7-1.8-2.223.519.234.839.221.818.022.214.520.327.312.4
Buybacksn/an/an/an/a0.00.015.615.769.870.438.054.844.826.0
Shares outstandingn/an/an/a9m9m000n/an/an/an/an/an/a
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 December 2023, filed 27 February 2025: the filing.