Instacart — Third Quarter 2026 Earnings Summary

Instacart reported third-quarter 2026 financial results showing Gross Transaction Value (GTV) of $10.528 billion, a 15% increase year-over-year, and total revenue of $1.095 billion, up 17%. The company achieved GAAP net income of $147 million and Adjusted EBITDA of $342 million, representing a 23% year-over-year growth. Concurrently, Instacart announced a definitive agreement to be acquired by DoorDash in a cash-and-stock transaction valuing Instacart at approximately $17 billion. Due to the pending acquisition, Instacart cancelled its scheduled earnings conference call and suspended its financial guidance.