Instacart delivers solid returns for Q2 2026

US grocery technology and delivery platform Instacart reported Q2 revenue rose 14% YoY to USD1.04 billion, with gross transaction value increasing 14% to USD10.35 billion. Orders grew 9% to 90.3 million and advertising and other revenue increased 16% to USD297 million. Net income fell 4% to USD111 million, while adjusted EBITDA rose 19% to USD313 million. Instacart expects Q3 gross transaction value of USD10.30 billion to USD10.55 billion. (Instacart)