Instacart Reports Q3 2026 Revenue of $1.095 Billion, Up 17%
Instacart reported GTV of $10.528 billion, up 15% year over year, and GAAP net income of $147 million, up 2%. Advertising and other revenue rose 23% to $331 million. Following the announcement of its acquisition by DoorDash, Instacart withdrew its previously issued long-term financial guidance.
Instacart reported third quarter 2026 financial results, including Gross Transaction Value (GTV) of $10,528 million, a 15% increase year-over-year. Total revenue reached $1,095 million, up 17% compared to the same period last year, with advertising and other revenue growing 23% to $331 million. The company achieved a GAAP net income of $147 million, representing a 2% increase year-over-year. Following the announcement of its acquisition by DoorDash, the company has withdrawn its previously issued long-term financial guidance.