secwatch.observer — SEC 8-K summary
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Issuer:     Maplebear Inc. (CART)
CIK:        0001579091
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001579091-26-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.02, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/0001579091-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579091/000157909126000032/cart-20260501.htm
  HTML page:      https://secwatch.observer/filing/0001579091-26-000032

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