Instacart reports 14% Q2 revenue growth, repurchases $325M in shares, guides Q3 in line

Filed August 6, 2026 · Period ending August 6, 2026 · ~1 min read

Key Changes

• high

  Q2 revenue grew 14% to $1,043M on 14% GTV growth to $10,351M; advertising revenue outpaced at 16% growth while orders rose 9% to 90.3M

  Exhibit 99.1 view on EDGAR →
• high

  Adjusted EBITDA rose 19% to $313M (3.0% of GTV); free cash flow surged 156% to $480M despite GAAP net income declining 4% to $111M

  Exhibit 99.1 view on EDGAR →
• high

  Repurchased $325M in shares during Q2, ended quarter with $1B cash; management reaffirmed plan to return majority of 2026 free cash flow via buybacks

  Exhibit 99.1 view on EDGAR →