Instacart Q3 2023: GTV $7.5B (+6%), adj EBITDA $163M (+120%), $500M buyback

Maplebear Inc.

2023-Q3 EPS reported -$21.92 revenue$2,239,000,000

GTV $7,494M (+6% YoY), orders 66.2M (+4%), revenue $764M (+14%).
GAAP net loss $1,999M due to $2.6B IPO-related SBC; adj EBITDA $163M (+120%).
Advertising & other revenue $222M (+19%), now 3.0% of GTV.
Board approved $500M share repurchase program with no expiration.
Launched partnerships with Giant Eagle, Mastercard, and expanded Caper Cart.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Maplebear Inc. reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 8, 2023, Maplebear Inc. (the “ Company ”) issued a Shareholder Letter (the “ Letter ”) announcing its financial results for the third quarter ended September 30, 2023.

View on SEC.gov

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Maplebear Inc. filing history →

Source: SEC EDGAR

accession 0001579091-23-000009

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