Ibotta's Q3: Mixed Results, Declining Redemptions
Update: 2025-11-12
Description
Ibottas Q3 2025 earnings showcased a revenue beat, but a 15.6% decline from last year and less optimistic Q4 guidance raised concerns. Despite a GAAP profit of $0.05 per share, total redemptions dropped by 35 million, impacting monetization. Operating margin also contracted significantly, indicating increased expenses and reduced operational efficiency.
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