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IBTA · NYSE · United States · Services-Advertising
In shortIbotta, Inc. is profitable, generates cash and holds more cash than debt, with revenue shrinking (−6.8% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -0.2% | 16/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 1.0% | 24/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 1.0% | 5/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -0.2% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.96× | 97/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -1.68× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.91 | 46/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 21.9% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 20.97× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 4 | 69/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 4 | 75/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 3 | 44/100 |
| Revenue growth volatility | 29.7% | 1/100 |
| Operating margin volatility | 15.5% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 17.6% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 211 | 320 | 367 | 342 |
| Cost of revenue | 46 | 44 | 50 | 71 |
| Gross profit | 165 | 276 | 317 | 271 |
| Research & development | 43 | 50 | 63 | 61 |
| Operating income | (40) | 56 | 28 | (0.8) |
| Interest expense | 6.2 | 8.8 | 3.6 | 0.5 |
| Pre-tax income | (55) | 44 | 24 | 9.8 |
| Income tax | 0.3 | 5.9 | (44) | 6.3 |
| Net income | (55) | 38 | 69 | 3.6 |
| Diluted EPS | −$6.33 | $1.42 | $2.56 | $0.12 |
| Diluted shares (millions) | 8.7 | 27 | 27 | 30 |
2.91 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 4, 2026