Maplebear Inc., operating as Instacart, reported financial results for the second quarter ended June 30, 2026. Gross Transaction Value (GTV) reached $10,351 million, a 14% increase year-over-year, while total revenue grew 14% to $1,043 million. GAAP net income was $111 million, down 4% from the prior year period, and Adjusted EBITDA rose 19% to $313 million. The company repurchased $325 million in shares during the quarter and holds $1 billion in cash. Management provided Q3 2026 guidance projecting GTV between $10,300 million and $10,550 million and Adjusted EBITDA between $320 million and $340 million. Maplebear Inc. is a leading grocery technology company that partners with retailers to power ecommerce, fulfillment, in-store technology, AI offerings, and advertising.