secwatch.observer — SEC 8-K summary
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Issuer:     Maplebear Inc. (CART)
CIK:        0001579091
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001579091-24-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Instacart Q2 GTV $8.19B (+10% YoY); adj. EBITDA $208M (+89%) beats guidance
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- Revenue $823M (+15% YoY); transaction revenue $595M (+17%); advertising & other $228M (+11%).
- GAAP net income $61M (down $53M YoY due to $132M higher stock-based compensation post-IPO).
- Adjusted EBITDA $208M (above $180-190M guidance); margin 2.5% of GTV vs 1.5% YoY.
- Completed initial $1B buyback; authorized new $500M repurchase program.
- Q3 guidance: GTV $8.10-8.25B (8-10% YoY growth), adj. EBITDA $205-215M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579091/000157909124000081/0001579091-24-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579091/000157909124000081/cart-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001579091-24-000081

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