Instacart (CART)
Connects grocery customers, shoppers, retailers, and brands through marketplace, software, and advertising tools.
$44.56
vs last close−1.00 (−2.19%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 764 | 803 | 820 | 823 | 852 | 883 | 897 | 914 | 939 | 992 | 1,019 | 1,043 |
| Cost of revenue | 203 | 195 | 206 | 200 | 211 | 219 | 226 | 236 | 247 | 275 | 287 | 292 |
| Gross profit | 561 | 608 | 614 | 623 | 641 | 664 | 671 | 678 | 692 | 717 | 732 | 751 |
| 3,018 | 562 | 470 | 571 | 503 | 509 | 561 | 554 | 526 | 619 | 548 | 608 | |
| Research & development | 1,850 | 205 | 115 | 185 | 149 | 155 | 144 | 166 | 169 | 171 | 164 | 202 |
| 1,023 | 286 | 271 | 317 | 290 | 282 | 342 | 323 | 293 | 377 | 318 | 331 | |
| Selling & marketing | 455 | 179 | 179 | 203 | 213 | 208 | 216 | 217 | 206 | 214 | 230 | 233 |
| General & administrative | 568 | 107 | 92 | 114 | 77 | 74 | 126 | 106 | 87 | 163 | 88 | 98 |
| Other expenses | 145 | 71 | 84 | 69 | 64 | 72 | 75 | 65 | 64 | 71 | 66 | 75 |
| Operating income | −2,457 | 46 | 144 | 52 | 138 | 155 | 110 | 124 | 166 | 98 | 184 | 143 |
| 18 | 26 | 21 | 16 | 15 | 11 | 14 | 18 | 15 | 11 | 4 | 4 | |
| Interest income | 23 | 24 | 22 | 17 | 15 | 12 | 14 | 15 | 16 | 12 | 6 | 5 |
| Other non-operating income | 0 | −26 | −18 | −16 | −15 | −11 | −14 | 1 | −15 | −11 | −4 | −4 |
| Income before tax | −2,439 | 72 | 165 | 68 | 153 | 166 | 124 | 142 | 181 | 109 | 188 | 147 |
| Income tax expense | −440 | −63 | 35 | 7 | 35 | 18 | 18 | 26 | 37 | 28 | 44 | 36 |
| Net income from continuing operations | −1,999 | 135 | 130 | 61 | 118 | 148 | 106 | 116 | 144 | 81 | 144 | 111 |
| Net income | −1,999 | 135 | 130 | 61 | 118 | 148 | 106 | 116 | 144 | 81 | 144 | 111 |
| EPS, basic | −$7.14 | $0.48 | $0.49 | $0.22 | $0.45 | $0.56 | $0.40 | $0.43 | $0.54 | $0.31 | $0.59 | $0.46 |
| EPS, diluted | −$7.14 | $0.48 | $0.48 | $0.20 | $0.42 | $0.53 | $0.38 | $0.41 | $0.51 | $0.30 | $0.57 | $0.45 |
| Weighted average shares, basic | 280 | 279 | 266 | 266 | 260 | 259 | 262 | 263 | 265 | 256 | 239 | 235 |
| Weighted average shares, diluted | 280 | 279 | 266 | 286 | 281 | 282 | 277 | 281 | 283 | 265 | 254 | 249 |
| EBITDA | −2,442 | 80 | 171 | 83 | 171 | 185 | 146 | 146 | 208 | 135 | 219 | 179 |
| Depreciation & amortization | 15 | 8 | 9 | 15 | 18 | 19 | 22 | 23 | 27 | 26 | 31 | 32 |
| EBIT | −2,457 | 72 | 162 | 68 | 153 | 166 | 124 | 123 | 181 | 109 | 188 | 147 |