Instacart, Inc.(Maplebear Inc.) SEC Filings

Maplebear Inc. (Instacart) reported solid Q3 2025 results. Revenue grew to $939 million from $852 million a year ago, driven by Transaction revenue of $670 million and Advertising and other revenue of $269 million. Gross profit reached $692 million. Net income rose to $144 million, with diluted EPS of $0.51.

For the first nine months, revenue was $2.75 billion and net income $366 million. Cash and cash equivalents increased to $1.69 billion as of September 30, 2025, supported by $788 million in operating cash flow year‑to‑date. The company repurchased $272 million of common stock year‑to‑date.

Instacart acquired Wynshop for $106 million on April 30, 2025, adding $40 million of identifiable intangibles and increasing goodwill to $392 million. Accrued legal and regulatory matters rose to $97 million. The company disclosed ongoing discussions with FTC staff regarding certain marketing and membership practices. Shares outstanding were 262,532,964 as of October 31, 2025.

Maplebear Inc. (CART) furnished a Shareholder Letter announcing financial results for the quarter ended September 30, 2025. The company also expanded its share repurchase authorization.

The Board approved an increase to the share repurchase program to $2.5 billion, up from $1 billion. As of September 30, 2025, approximately $290 million of capacity remained under the prior authorization. The program has no expiration date and allows purchases via open market repurchases, accelerated share repurchase programs, privately negotiated transactions, and other methods in accordance with applicable laws.

Maplebear announced its intent to enter an accelerated share repurchase agreement with Goldman Sachs & Co. LLC to repurchase $250 million of common stock. Transactions are expected to begin on November 11, 2025, with final settlement expected by the end of the first quarter of 2026.

Maplebear Inc. (CART) reported an insider transaction by its General Counsel & Secretary. On 10/20/2025, the officer sold 3,546 shares of common stock at $38.85 per share, leaving 427,523 shares beneficially owned directly after the trade. The transaction was made pursuant to a Rule 10b5-1 trading plan adopted on November 26, 2024.

Maplebear Inc. (CART) reported a director’s open-market sales on two dates under a Rule 10b5-1 plan. On 10/15/2025, the director sold 3,051 shares at a weighted average price of $39.5975. On 10/16/2025, the director sold 1,014 shares at $40.00.

Following these transactions, the director beneficially owned 570,756 and then 569,742 shares, held directly. The 10/15 price reflects multiple trades within a range of $39.06–$39.90. The 10b5-1 trading plan was adopted on November 20, 2024.

Fong Morgan, General Counsel & Secretary of Maplebear Inc. (CART), reported a sale of 3,546 shares of Common Stock on 09/22/2025 at an average price of $42.39 per share. After the reported transaction, the filing shows 431,069 shares beneficially owned. The filing states the sales were executed under a Rule 10b5-1 trading plan adopted on November 26, 2024. The Form 4 was filed as a single reporting person filing and is signed by an attorney-in-fact, Nathan Cao, on 09/24/2025. The record shows a routine disclosure of an insider sale under an established trading plan and the remaining insider ownership level.

Maplebear Inc. (CART) President and CEO Christopher Rogers reported a sale of common stock under a pre-established trading plan. The Form 4 shows a 09/22/2025 disposition of 9,259 shares at a weighted-average price of $42.3678, with individual trade prices ranging from $41.9150 to $42.86. After the reported sale, the filing states Mr. Rogers beneficially owns 739,880 shares directly. The sales were executed pursuant to a Rule 10b5-1 plan adopted on November 21, 2024, and the Form 4 was signed by an attorney-in-fact on 09/24/2025.

Maplebear, Inc. (CART) Form 144 notice reports a proposed sale of 9,259 common shares through Charles Schwab & Co., Inc. on NASDAQ with an aggregate market value of $392,284. The filing lists 263,438,274 shares outstanding and an approximate sale date of 09/22/2025.

The securities were acquired by the seller through a restricted stock lapse on 08/15/2025 from Maplebear, Inc. as equity compensation. The filing also discloses a sale during the past three months: Chris Rogers sold 8,987 shares on 08/20/2025 for $411,365. The filer certifies they do not possess undisclosed material adverse information.

Maplebear Inc. filed a Form 144 reporting a proposed sale of 3,546 common shares, to be executed through Charles Schwab & Co., with an aggregate market value of $150,315.00 and an approximate sale date of 09/22/2025. The filing states these shares were acquired on 08/15/2025 as a Restricted Stock Lapse from Maplebear, Inc., with payment characterized as Equity Compensation. The issuer has 263,438,274 shares outstanding. The filer also disclosed prior sales by the same seller within three months: 4,680 shares on 07/21/2025 for $230,069.00 and 3,544 shares on 08/19/2025 for $161,784.00. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information.

Maplebear Inc. insider notice of proposed sale under Rule 144. The filing reports an upcoming sale of 8,161 common shares through Charles Schwab & Co. with an aggregate market value of $347,268 and approximate sale date of 09/19/2025 on NASDAQ. Those shares were acquired on 08/15/2025 upon restricted stock lapse from Maplebear Inc. and are noted as equity compensation. The filer also discloses two recent sales by Daniel Danker of 10,037 and 8,161 shares generating gross proceeds of $489,993 and $376,555, respectively. The form includes the standard insider representation regarding material nonpublic information.