Instacart rises on upbeat quarterly results

Maplebear

10/11/2025 12:26

Corrects bullet 5 to say Q4 GTV 'above' estimates, not 'below' estimates

** Shares of online grocery delivery platform Instacart CART.O up about 7% at $39.40 premarket

** Co beats third-quarter gross transaction value (GTV) and core profit estimates helped by resilient delivery demand

** Reports Q3 GTV of $9.17 billion vs. estimates of $9.09 billion, as per data compiled by LSEG

** CART core profit was $278 million vs. estimates of $264.5 million

** Midpoint of its fourth-quarter GTV forecast range was above analysts' estimates

** Until last close, CART down about 11% YTD

 (Reporting by Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))