Instacart Q3 net income rises year-over-year to $147 million; Q3 revenue climbs 17% to $1.1 billion year-over-year
Bitget2026/10/29 11:36- Instacart’s third-quarter 2026 net income rose to $147 million, while revenue climbed 17% year-over-year to $1.1 billion.
- GTV grew 15% year-over-year to $10.53 billion, while operating cash flow increased 13% to $324 million.
- DoorDash agreed to acquire the grocery technology company in a cash-and-stock transaction valuing its equity at approximately $17 billion.
- The announced acquisition prompted cancellation of the earnings call; financial guidance was suspended and previously issued long-term guidance withdrawn.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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