secwatch.observer — SEC 8-K summary
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Issuer:     Maplebear Inc. (CART)
CIK:        0001579091
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001579091-23-000009
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579091/000157909123000009/0001579091-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579091/000157909123000009/cart-20231108.htm
  HTML page:      https://secwatch.observer/filing/0001579091-23-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer