Ibotta issued third-quarter revenue guidance of $86 million to $90 million and said it expects to exit 2026 with mid-single-digit year-over-year growth. The outlook accompanied second-quarter results that exceeded the high end of the company's guidance range, with total revenue returning to year-over-year growth a full quarter ahead of management's prior expectations. Redemption revenue grew 10% year-over-year to $80.2 million, driven by a 27% increase in third-party publisher redemption revenue to $61.5 million, while total redeemers reached 20.9 million. Chief Financial Officer Matthew Puckett noted that the third-quarter midpoint implies a slight sequential revenue decline because seasonal promotional events shifted into the second quarter, but he expects a modest sequential increase into the fourth quarter. Founder and CEO Bryan Leach highlighted the addition of 7-Eleven to the Ibotta Performance Network as an exclusive third-party provider of CPG digital promotions across more than 11,500 U.S. store locations, with rollout planned for the second half of the year.
Seven & I Holdings Co., Ltd.
CP ALL Public Company LimitedIbotta, Inc.Q3 revenue guidance and strong Q2 results with redemption revenue growth, plus 7-Eleven partnership.