Quick Answer
Ibotta, Inc. reported R&D Expense of $61.08 million for fiscal year 2025.
Ibotta, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $61.08M | -3.5% |
| 2024 | $63.27M | +26.6% |
| 2023 | $50.00M | +17.5% |
| 2022 | $42.56M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $14.02M | -13.9% | -4.9% |
| June 30, 2025 | $14.74M | -15.9% | -18.4% |
| March 31, 2025 | $18.07M | +32.5% | +11.0% |
| September 30, 2024 | $16.29M | +31.4% | -7.1% |
| June 30, 2024 | $17.53M | +43.4% | +28.5% |
| March 31, 2024 | $13.64M | +16.6% | +10.1% |
| September 30, 2023 | $12.39M | — | +1.4% |
| June 30, 2023 | $12.22M | — | +4.5% |
- Ibotta, Inc. showed a decrease of -3.5% in R&D Expense compared to the prior fiscal year.
- Over the 2022–2025 period, Ibotta, Inc.’s r&d expense has grown by 43.5% (from $42.56 million to $61.08 million).
- The most recent figure is from Ibotta, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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