Instacart Q2 revenue rises 14% to $1.04 billion; GAAP net income falls 4%
Instacart reported second-quarter 2026 results for the period ended June 30, 2026, with total revenue up 14% year-over-year to $1,043 million and GAAP net income of $111 million, down 4%. Diluted earnings per share rose to $0.45 from $0.41, and the company gave third-quarter guidance for GTV and Adjusted EBITDA that implies year-over-year growth at the midpoints.
Key points
- Total revenue of $1,043 million, up 14% year-over-year; GTV of $10,351 million, up 14%
- GAAP net income of $111 million, down 4%; diluted EPS of $0.45 versus $0.41 a year earlier
- Adjusted EBITDA of $313 million, up 19%; operating cash flow of $493 million
- Q3 2026 guidance: GTV of $10,300 million to $10,550 million and Adjusted EBITDA of $320 million to $340 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.