---
schema_version: "secwatch.filing_event.v1"
accession: "0001579091-26-000032"
form_type: "8-K"
ticker: "CART"
cik: "0001579091"
company_name: "Maplebear Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:42:59.582977+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Maplebear (Instacart) Q1: Revenue +14%, net income +36%, announces $500M revolver and $3.5B buyback

## Summary
- 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.

## SEC filing metadata
- accession: 0001579091-26-000032
- form_type: 8-K
- ticker: CART
- cik: 0001579091
- company_name: Maplebear Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/0001579091-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/cart-20260501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579091-26-000032
- JSON: https://secwatch.observer/filing/0001579091-26-000032.json
- Plain text: https://secwatch.observer/filing/0001579091-26-000032.txt

## Key facts
- Debt Financings
  Maplebear Inc. incurred revolving credit of $500 million with Morgan Stanley Senior Funding, Inc., as administrative agent at Term SOFR plus an applicable margin, or the alternate base rate plus an applicab maturing April 30, 2031.
  - Instrument: revolving credit
  - Principal: $500 million
  - Counterparty: Morgan Stanley Senior Funding, Inc., as administrative agent
  - Rate: Term SOFR plus an applicable margin, or the alternate base rate plus an applicab
  - Maturity: April 30, 2031
  - Event: incurrence
  source text: On May 1, 2026, Maplebear Inc. (the “ Company ”) entered into a revolving credit agreement, among the Company, the lenders party thereto, the issuing banks party thereto, and Morgan Stanley Senior Funding, Inc., as administrative agent (the “ Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/0001579091-26-000032-index.htm
- Earnings Releases
  Maplebear Inc. reported first quarter ended March 31, 2026 results: revenue Total revenue of $1,019 million, net income GAAP net income of $144 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: Total revenue of $1,019 million
  - Net income: GAAP net income of $144 million
  - Result: reported results
  source text: shareholder value.” First Quarter 2026 Financial Highlights • GTV of $10,288 million, up 13% year-over-year. • Orders of 91.2 million, up 10% year-over-year. • Total revenue of $1,019 million, up 14% year-over-year, representing 9.9% of GTV. • Transaction revenue of $733 million, up 13% year-over-year, representing 7.1% of GTV. • Advertising and other revenue of $286
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/0001579091-26-000032-index.htm
- Material Agreements
  Maplebear Inc. entered into Credit Agreement with Morgan Stanley Senior Funding, Inc., as administrative agent, and the lenders and issuing banks party thereto valued at $500 million (effective 2026-05-01).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Morgan Stanley Senior Funding, Inc., as administrative agent, and the lenders and issuing banks party thereto
  - Value: $500 million
  - Effective: 2026-05-01
  source text: On May 1, 2026, Maplebear Inc. (the “ Company ”) entered into a revolving credit agreement, among the Company, the lenders party thereto, the issuing banks party thereto, and Morgan Stanley Senior Funding, Inc., as administrative agent (the “ Credit Agreement ”). The Credit Agreement provides a revolving credit facility in an aggregate principal amount of $500 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/0001579091-26-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.