Instacart Announces Third Quarter 2026 Financial Results
PR Newswire•29/10/2026•07:30 ET
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Key Highlights
- ➤DoorDash to acquire Instacart for approximately $17 billion in cash-and-stock transaction
- ➤GTV reached $10.528 billion, up 15% year-over-year
- ➤Total revenue reached $1.095 billion, up 17% year-over-year
- ➤Adjusted EBITDA rose 23% year-over-year to $342 million
- ➤Instacart suspended financial guidance and withdrew previously issued long-term guidance
Expert Statements
Chris Rogers, CEO of Instacart
“Q3 was our best quarter as a public company, with GTV up 15% year-over-year and advertising and other revenue up 23% year-over-year. Our fundamentals keep getting stronger, with solid consumer demand, deepening customer engagement, and expanding profitability”
Chris Rogers, CEO of Instacart
“Online grocery is still an underpenetrated category, and we're in the early stages of realizing what our purpose-built grocery technology can do to transform it. That's why we're building the operating system for grocery: one integrated platform that powers ecommerce, fulfillment, in-store, retail media, and AI Solutions. We're excited about what's ahead, working closely with our partners to strengthen and grow their businesses and shape the future of the grocery industry.”
Instacart Announces Third Quarter 2026 Financial Results PR Newswire
GTV grew 15% year-over-year and total revenue grew 17% year-over-year
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