Maplebear operates Instacart, a leading U.S. online grocery marketplace that connects consumers with local retailers for same-day delivery and pickup. The platform partners with supermarket chains, big-box stores, and specialty grocers, using a large network of independent shoppers to fulfill orders. Revenue comes mainly from consumer fees, retailer partnerships, and advertising placed by consumer brands on the marketplace.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 897 | — | 104 | -80.7% |
| Q2 2025 | 914 | — | 114 | 102.8% |
| Q3 2025 | 939 | — | 142 | 28.4% |
| Q4 2025 | 992 | — | 79 | -38.6% |
| Q1 2026 | 1,019 | 13.6% | 142 | 36.5% |
| Q2 2026 | 1,043 | 14.1% | 109 | -4.4% |
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