Ibotta Stock Plunges 29.96% on Disappointing Earnings

On August 14, 2025, Ibotta's stock experienced a significant drop of 29.96% in pre-market trading, reflecting a challenging quarter for the cash-back rewards platform.

Ibotta reported a 2.2% year-over-year decline in revenue for the second quarter of 2025, falling short of market expectations. The company's earnings per share (EPS) also missed estimates by 5.77%, contributing to the stock's decline. This disappointing performance has raised concerns among investors about the company's financial health and future prospects.

Looking ahead, Ibotta has provided a downbeat outlook for the third quarter, projecting revenue to be between $79 million and $85 million. This range represents a significant decline from the previous year and falls short of analyst expectations, further dampening investor sentiment.

The combination of missed revenue estimates, lower-than-expected EPS, and a pessimistic outlook for the upcoming quarter has led to a sharp sell-off in Ibotta's stock, highlighting the challenges the company faces in maintaining its growth trajectory.