Ibotta

Q2 FY2026 EarningsFY26 Q2 beat consensus on the top line with revenue of $88.9M vs. $85.0M expected, while GAAP gross margin reached 78.4% compared to the 77.0% mean estimate. Despite a GAAP net loss of $1.2M, results significantly outperformed the anticipated GAAP loss of $5.0M, driven by 27% growth in Third-Party Publisher revenue and robust IPN expansion. Adjusted EBITDA of $16.5M (19% margin) reflected operational resilience amidst shifting D2C mix and increased technology investments.