Instacart - Maplebear Inc. reported its fourth quarter (Q4) and full year (FY) 2025 earnings, highlighting strong performance metrics and continued momentum in its grocery technology and enablement business. For Q4 2025, Instacart reported revenue of USD 992 million, with gross transaction value (GTV) reaching USD 9.85 billion, reflecting a 14 percent year-over-year increase. Orders for the quarter totaled 89.5 million, up 16 percent from the previous year. Net income for Q4 2025 stood at USD 81 million. For the full year 2025, revenue was USD 3.74 billion, while GTV amounted to USD 37.22 billion. The company recorded 338.8 million orders and net income of USD 447 million for the year. Commenting on the results, Instacart noted that it achieved its strongest quarterly GTV growth in three years during Q4 2025. The company emphasized growing adoption of its platform by customers, retailers, and brands, as well as ongoing investment in its technology and experienced shopper community. Instacart also highlighted its ability to drive efficiencies, allowing for reinvestment in growth initiatives and capital returns. As of December 31, 2025, Instacart reported cash and cash equivalents of USD 637 million and short-term marketable securities of USD 50 million.

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