financetom
Business
financetom
/
Business
/
Instacart Q1 Earnings: Revenue, EPS Come Up Short Despite 14% Order Growth — 'Groceries Aren't Discretionary — They're Essential'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Instacart Q1 Earnings: Revenue, EPS Come Up Short Despite 14% Order Growth — 'Groceries Aren't Discretionary — They're Essential'
May 25, 2025 11:55 PM

Maplebear Inc ( CART ) reported first-quarter financial results Thursday after the market close. Shares are moving higher, despite slightly missing analyst estimates. Here’s a rundown of the print.

Q1 Revenue: $897 million, versus estimates of $898.02 million

Q1 EPS: 37 cents, versus estimates of 38 cents

The delivery aggregator said orders increased 14% year-over-year to 83.2 million in the first quarter as total revenue jumped 9%. Gross transaction value climbed 10% year-over-year to $9.12 billion.

“This performance reflects the critical role we play in helping families fill their fridges and pantries, as well as the benefit of our growth initiatives, which are giving consumers even more reasons to turn to Instacart,” the company said in a letter to shareholders.

See Also: Roku Q1 Double Beat, Adds New Streaming Platform — Shares Drop On Cautious Guidance, Tariff Risks

Guidance: The Instacart parent company guided for a second-quarter gross transaction value of $8.85 billion to $9 billion. The company also anticipates second-quarter Adjusted EBITDA of $240 million to $250 million versus $244 million in the first quarter.

“Over the past 13 years, we've consistently shown our ability to grow even during periods of macro uncertainty and economic challenges. Groceries aren't discretionary — they're essential — and by helping families save time, money, and effort every day, we're expanding the market, deepening our role in customers' lives, and strengthening our value to our retail and brand partners,” the company said.

CART Price Action: Maplebear ( CART ) shares were up 3.40% after hours, trading at $41.15 at the time of publication on Thursday, according to Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump healthcare price transparency order may not bring intended relief to patients
Trump healthcare price transparency order may not bring intended relief to patients
Mar 27, 2025
* Large volumes of data ordered by recent Trump executive order could do little for consumers shopping around * Enforcement aims to improve compliance versus earlier transparency rules * AI may assist in data sorting by third parties By Amina Niasse NEW YORK, March 27 (Reuters) - A Trump administration executive order intended to provide patients with the prices from...
China's Geely to consolidate in-house digital cockpit system R&D teams, source says
China's Geely to consolidate in-house digital cockpit system R&D teams, source says
Mar 27, 2025
SHANGHAI, March 27 (Reuters) - China's Geely Group is merging three existing units employing nearly 2,000 engineers to develop digital cockpit systems into a single unified team, said a source with direct knowledge of the situation. The merger marks the carmaker's latest move to streamline its workforce and improve efficiency. Geely will integrate digital cockpit teams and investments from the...
India seizes products from Amazon, Flipkart warehouses as crackdown intensifies
India seizes products from Amazon, Flipkart warehouses as crackdown intensifies
Mar 27, 2025
NEW DELHI, March 27 (Reuters) - India's state-run product certification agency said it raided the Delhi warehouses of e-commerce giants Amazon ( AMZN ) and Flipkart this month, seizing items that did not meet quality control standards, as it increased its scrutiny of the two firms. Last week, the Bureau of Indian Standards conducted similar searches at the companies' warehouses...
China's Geely to consolidate in-house digital cockpit system R&D teams, source says
China's Geely to consolidate in-house digital cockpit system R&D teams, source says
Mar 27, 2025
SHANGHAI (Reuters) - China's Geely Group is merging three existing units employing nearly 2,000 engineers to develop digital cockpit systems into a single unified team, said a source with direct knowledge of the situation. The merger marks the carmaker's latest move to streamline its workforce and improve efficiency. Geely will integrate digital cockpit teams and investments from the Zeekr, Lynk...
Copyright 2023-2026 - www.financetom.com All Rights Reserved