earnings
confidence high
sentiment positive
materiality 0.70
Instacart Q4 GTV +10% to $8.6B, Adj EBITDA +27% to $252M; FY2024 net income $457M
Maplebear Inc.
2024-FY EPS reported
$1.58
revenue$3,378,000,000
- Full year 2024: GTV $33.5B (+10%), revenue $3.4B (+11%), orders 294M (+9%)
- Q4 GAAP net income $148M (up $13M YoY); Adjusted EBITDA $252M (27% margin)
- Q1 2025 guidance: GTV $9.0-9.15B (8-10% growth), Adj EBITDA $220-230M
- Targeting 2025 stock-based compensation <$425M; AOV declined 1% in Q4