Ibotta, Inc. (IBTA) Citi’s 2026 Global TMT Conference September 9, 2026 10:50 AM EDT
Company Participants
Matthew Puckett – Chief Financial Officer
Conference Call Participants
Ronald Josey – Citigroup Inc., Research Division
Presentation
Ronald Josey
Citigroup Inc., Research Division
I guess that’s the cue. So great. Thanks, everybody. Thanks for joining. I’m Ron Josey. I cover the Internet sector here at Citi. And excited to have with me Matt Puckett, who’s the CFO of Ibotta. I think most people in the room know what Ibotta does, and there’s a lot going on at Ibotta, a big turnaround that I think we’re starting to see some traction, which is exciting. So as we kick off, Matt, tell us a little bit about what Ibotta does and maybe your background and what Ibotta does, and then we’ll get through the list of questions that I’ve prepared here.
Question-and-Answer Session
Matthew Puckett
Chief Financial Officer
Yes, absolutely. Well, thank you for having me, Ron, and happy to be here. It’s great to be in New York in the fall, always good.
Ronald Josey
Citigroup Inc., Research Division
U.S. Open as well.
Matthew Puckett
Chief Financial Officer
U.S. Open, yes, I didn’t stay up till 3:30 — but evidently, that was pretty exciting. Yes. So Ibotta, a digital promotions provider, really kind of the first of its kind. And today, work with all of the major CPG companies and leverage the Ibotta Performance Network, which has been a real boon for us as we established that several years ago. It allows us to — we have the app, which is kind of the origin of the company, the Ibotta app, which was able to really be a direct-to-consumer offering, providing digital promotions to consumers on the app that they could redeem across retailers, the spectrum of retailers, but created the Ibotta Performance Network a few years ago, and where a number of retailers, we’re really kind of











