Record Redeemer Growth
The total number of redeemers on the IPN increased by 63% year-over-year, reaching 15.3 million in Q3 2024.
Revenue and EBITDA Exceed Guidance
Ibotta delivered revenue and adjusted EBITDA above the high end of guidance, with a revenue of $98.6 million and an adjusted EBITDA margin of 37%.
Successful Publisher Integrations
Successfully launched digital offers with Schnucks and Instacart, with Schnucks setting a company record for the shortest time to deploy.
Strong Third-Party Publisher Growth
Third-party publisher redemption revenue was up 129% year-over-year.
Expansion into E-commerce
Integrated digital offers on Instacart and expect full rollout by the end of the year.