Maplebear Inc. (CART), which does business as Instacart, reports developments tied to its grocery technology platform for consumers, retailers, brands, and shoppers. News commonly covers the Instacart Marketplace, Instacart Enterprise platform, Storefront Pro, fulfillment services, in-store technology, AI Solutions, and the Instacart Ads ecosystem.
Company updates also focus on financial results and operating metrics such as gross transaction value, orders, revenue, profitability, and cash flow. Recurring business themes include retailer and brand partnerships, digital grocery launches, same-day delivery programs, enterprise-commerce deployments, acquisitions that expand fulfillment technology, and international growth for grocery enablement services.
Instacart (NASDAQ: CART) reported third-quarter 2026 revenue of $1,095 million, up 17% year over year, alongside an acquisition agreement with DoorDash. The definitive cash-and-stock agreement values Instacart at an equity value of approximately $17 billion.
For the quarter ended September 30, gross transaction value—the value of purchases including specified fees, taxes and tips—rose 15% to $10,528 million. Orders increased 10% to 91.4 million. GAAP net income rose 2% to $147 million, while diluted earnings per share increased to $0.60 from $0.51. Adjusted EBITDA, a non-GAAP earnings measure, grew 23% to $342 million. GAAP gross margin fell to 72% from 74%.
Operating cash flow increased 13% to $324 million. Instacart repurchased $230 million in shares. In light of the acquisition agreement, it suspended financial guidance, withdrew previously issued long-term guidance and cancelled its November 5, 2026 earnings call.
Instacart (NASDAQ: CART) agreed to be acquired by DoorDash (NASDAQ: DASH) in a transaction valuing each Instacart share at $65.00. The approximately $17 billion equity valuation represents a 26% premium to Instacart's October 22, 2026 closing price. Aggregate consideration will be at least 75% cash, with DoorDash stock capped at 25%.
Instacart holders may elect $65.00 cash, 0.3372 DoorDash shares, or $48.75 cash plus 0.0843 DoorDash shares per share, subject to proration. Closing is expected at the end of 2027 or in the first half of 2028, subject to Instacart shareholder approval and regulatory clearances, including in the United States, Canada and Israel. Instacart's board unanimously approved the agreement; holders of about 19% of outstanding shares agreed to support it. DoorDash expects to retain Instacart's brand, app and enterprise technology products after closing.
Instacart (CART) and Big Y Foods launched in-store foodservice kiosks and online ordering powered by Instacart’s FoodStorm technology. The kiosks and online ordering experience are available across all 79 Big Y locations. Customers can customize meals, prepay for pickup orders and arrange delivery through the Instacart Marketplace. FoodStorm brings kiosk, online and staff-entered orders into one system for store teams.
Instacart (NASDAQ: CART) will report its third quarter 2026 financial results after market close on November 5, 2026. Management will discuss the results on a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) that day. A live webcast and subsequent replay will be available on Instacart's Investor Relations website.
Instacart (CART) and Unite Us partnered to link grocery benefits with care coordination for food-as-medicine programs nationwide.
Unite Us identifies eligible members within customer-defined groups, distributes benefits and tracks outcomes. Instacart Fresh Funds provides grocery stipends that participants can redeem through the Instacart app or website.
Instacart (CART) and Dollar General (DG) announced a partnership to offer same-day delivery of Dollar General’s everyday essentials via the Instacart app and website.
The service will begin with a pilot at approximately 7,000 Dollar General and pOpshelf stores in six states in the coming weeks, with plans to expand to about 20,000 stores across 48 states this fall. Customers will be able to order a broad range of affordable food, snacks, household essentials, and health and beauty products for delivery in as fast as one hour. Dollar General will join more than 2,200 national and local retail banners already available on the Instacart Marketplace.
Instacart (CART) and Gopuff announced a U.S. partnership under which Gopuff will join the Instacart Marketplace and adopt Instacart Carrot Ads.
Instacart customers will be able to shop Gopuff’s curated selection of groceries and everyday essentials on Instacart, with all such orders fulfilled and delivered by Gopuff, in some areas in as fast as 15 minutes. Gopuff operates year-round with 24/7 delivery in select locations and late-night hours across its broader network, using its vertically integrated micro-fulfillment and delivery infrastructure.
For advertisers, more than 9,000 brands using Instacart Ads will be able to extend campaigns to Gopuff and BevMo! shoppers, adding to Instacart’s more than 2,200 retail banners and over 310 partners already using the Carrot Ads platform. Advertisers can also run campaigns specifically on Gopuff’s storefront via Instacart.
Instacart (CART) announced new in-store software on September 21, 2026 that gives grocers and CPG brands a real-time digital view of grocery shelves. The solutions use data from approximately 600,000 Instacart shoppers, who generate over 10 million daily data points from shelf scans across North America, plus insights from more than 1.6 billion lifetime orders and imagery from Caper Carts.
The platform powers an Inventory Intelligence virtual store view for retailers and a Store Excellence Portal for brands. Features include real-time shelf visibility, merchandising optimization, demand forecasting, lost sales estimation, substitution and competitive benchmarking, and seasonal out-of-stock forecasting. The software is rolling out with select grocers and brands, with broader availability in the coming months.
Instacart (CART) launched Clementine, an AI-powered grocery shopping assistant now available to most customers in the U.S. and Canada on the Instacart Marketplace.
Clementine converts natural-language requests, grocery lists, photos, or recipes into personalized, ready-to-buy carts in seconds, grounded in real-time store inventory, customer preferences, and budgets. It is powered by Instacart’s grocery data, including over 1.6 billion lifetime orders, a catalog of more than 2 billion items, and more than 10 million daily inventory signals from nearly 100,000 stores across more than 2,200 retail banners.
Early results show orders placed with Clementine contain more items and exceed Instacart’s industry-leading average basket size of $115.
Morrisons (CART) has entered a strategic partnership with Instaleap, now part of Instacart, to enhance its online grocery order fulfilment.
Morrisons is deploying Instaleap’s software to manage marketplace orders from platforms such as Uber Eats, Just Eat and Deliveroo in one system, and to support in-store picking via Instaleap’s app. The company expects this to simplify store operations and provide customers with a faster, more accurate and convenient online shopping experience.