earnings
confidence high
sentiment positive
materiality 0.90
Maplebear (Instacart) Q1: Revenue +14%, net income +36%, announces $500M revolver and $3.5B buyback
Maplebear Inc.
2026-Q1 EPS reported
$0.57
revenue$1,019,000,000
- Q1 2026 GTV hit $10.288B (+13% YoY), total revenue $1.019B (+14%), and orders grew 10% to 91.2M.
- GAAP net income rose 36% to $144M; Adjusted EBITDA up 23% to $300M; free cash flow of $253M.
- Entered a $500M unsecured revolving credit facility with Morgan Stanley, maturing April 2031, with an uncommitted incremental facility of up to $1B.
- Board increased share repurchase authorization to $3.5B from $2.5B; $349M in shares repurchased in Q1, ending with $880M cash.
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