Maplebear Inc. 8K

Instacart announced strong Q1 2026 results with record GTV and revenue, higher profitability, strategic initiatives including an Instaleap acquisition and expanded ALDI partnership, significant share repurchases, and issued upbeat Q2 2026 guidance.

Maplebear Inc. dba Instacart (NASDAQ: CART) reported its first quarter 2026 results for the period ended March 31, 2026, highlighting that Gross Transaction Value (GTV) surpassed $10.3 billion and total revenue exceeded $1.0 billion for the first time, with year-over-year growth of 13% in GTV, 14% in revenue, and 36% in GAAP net income to $144 million, alongside Adjusted EBITDA of $300 million (up 23%). The company emphasized continued double-digit order growth, strengthening marketplace and advertising businesses, and strategic initiatives including retailer price-parity moves, an expanded exclusive fulfillment partnership with ALDI U.S., the acquisition of Instaleap to accelerate international enterprise expansion, and the rollout of AI Solutions such as Cart Assistant and a new integration with Anthropic’s Claude. Instacart also reported solid free cash flow of $253 million, share repurchases of $349 million, quarter-end liquidity of roughly $880 million in cash and similar assets, and issued second quarter 2026 guidance calling for GTV of $10.1–$10.25 billion and Adjusted EBITDA of $290–$300 million while reiterating its commitment to Adjusted EBITDA growth outpacing GTV for full-year 2026.

Filing Facts

CIK

1579091

Ticker

-

Form

8K

Source Type

fda

Accession

0001579091-26-000032

Alert Tier

7