Maplebear Inc.CART

Maplebear Inc., trading as Instacart, filed its 10-Q for the quarter ending 31 March 2026 showing $1.02 billion in revenue, $182 million in operating income and $144 million in net income attributable to the parent. Diluted EPS came in at $0.57 on a weighted average share count of 253.6 million. The filing was accompanied by a press release dated 6 May 2026 confirming the Q1 2026 financial results.

The company operates the Instacart Marketplace, connecting end users with retailers and gig-economy shoppers who fulfil grocery delivery and pickup orders. Revenue comes from two main streams: customer fees including service and delivery charges plus Instacart+ memberships, and retailer fees for transactions facilitated on the marketplace and fulfilment services for retailers' own online storefronts powered by Instacart Enterprise. The 10-Q defines an order as a completed customer transaction to purchase goods for delivery or pickup primarily from a single retailer, and defines GTV as the total value of products sold including taxes, tips, fees and local charges.

The balance sheet as of 31 March 2026 shows $3.54 billion in total assets against $941 million in liabilities, leaving $2.40 billion in stockholders' equity attributable to the parent. Cash and cash equivalents stood at $631 million. The quarter generated $268 million in net cash from operating activities against just $16 million in payments to acquire property, plant and equipment, producing a low-capex, cash-generative profile. Research and development expense was $164 million, representing 16 percent of quarterly revenue.

SEC EDGAR filings between 15 June and 24 July 2026 show a cluster of insider activity: three Form 4 filings and three Form 144 filings. Form 144 is filed when a holder intends to sell restricted securities through a broker, and three such filings within six weeks indicate planned insider selling. The Form 4 filings report changes in beneficial ownership. No specific share counts or transaction values are available from the filing index evidence supplied, so the scale of the selling cannot be quantified from the available rail.

The filing evidence does not include forward guidance, segment breakdowns beyond the customer and retailer revenue streams described in the 10-Q, or any analyst valuation commentary. The source-change rail is filing/source-led and does not use chart-derived signals. Chart context is available separately on this page through the Atlas chart snapshot or TradingView route where available. The next earnings release, when it arrives, would provide the second-quarter 2026 revenue and income figures needed to assess whether the Q1 margin profile holds. Additional Form 4 detail with share counts and transaction prices would clarify whether the insider selling is routine or material relative to the 253.6 million diluted share count.