Ibotta — Third Quarter 2026 Earnings Summary

Ibotta reported third-quarter 2026 total revenue of $97.8 million, representing a 17% year-over-year increase, while adjusted EBITDA rose 43% to $23.8 million. The company's redemption revenue grew 23% to $88.5 million, driven by a 30% expansion in its redeemer base to 23.6 million users. Despite a GAAP net loss of $3.5 million, Ibotta generated $16.8 million in free cash flow and repurchased 0.4 million shares for $14.4 million. Looking ahead, the company forecasts fourth-quarter revenue between $94 million and $98 million with adjusted EBITDA between $15 million and $17 million.