Instacart (CART) Q2 Revenue Jumps 11%

Instacart (NASDAQ:CART), reported its financial results on August 7, 2025. The standout news was GAAP revenue of $914 million, which exceeded consensus estimates by 2.01% (GAAP). The company also posted significant GAAP net income growth to $116 million, up 92% from the previous year. Orders increased sharply, counterbalancing a 5% drop in average order value. Analysts had expected lower GAAP revenue, and the higher-than-forecast GAAP results reflect continued momentum in retailer partnerships, expanding advertising capabilities, and operational efficiencies. Overall, the quarter delivered both top- and bottom-line gains, with the company maintaining a strong financial position despite margin pressures from strategic initiatives. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Instacart connects consumers with grocery stores and retailers online, allowing customers to shop for groceries and household goods with options for delivery or pickup. It operates both a direct-to-consumer marketplace and, as of December 31, 2024, provides enterprise technology solutions to over 1,800 retail banners across North America. Its platform reaches nearly all households in the United States and Canada, driving business through both consumer orders and by powering online storefronts for brick-and-mortar grocery retailers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool