Quarterly ResultAug 7, 2026, 06:08 AM
Instacart Q2 Revenue $1.04B, Net Income $111M
AI Summary
Maplebear Inc. (Instacart) reported Q2 2026 revenue of $1,043 million, an increase from the prior year, while net income for the quarter slightly decreased to $111 million. However, basic EPS for Q2 2026 rose to $0.46. For the first half of 2026, the company achieved revenue of $2,062 million and net income of $256 million, both showing significant growth year-over-year. Operating activities generated $762 million in cash during H1 2026, and the company repurchased $683 million of common stock. The company also detailed its April 2025 acquisition of Wynshop for $106 million.
Key Highlights
- Q2 2026 revenue reached $1,043 million, an increase from $914 million in Q2 2025.
- Q2 2026 net income was $111 million, a decrease from $116 million in Q2 2025.
- Basic EPS for Q2 2026 increased to $0.46 from $0.43 in Q2 2025.
- H1 2026 revenue totaled $2,062 million, up from $1,811 million in H1 2025.
- H1 2026 net income grew to $256 million, compared to $222 million in H1 2025.
- Net cash provided by operating activities for H1 2026 was $762 million.
- Common stock repurchases amounted to $683 million for H1 2026.
- Maplebear Inc. acquired Marlin9 Holdings, Inc. (Wynshop) for $106 million in cash in April 2025.
Price Impact
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