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Maplebear (CART)
NASDAQ:CART
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.38Last Year’s EPS
0.43Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -15.76%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
Instacart's earnings call highlighted strong growth in GTV and advertising revenue, along with robust gains in adjusted EBITDA and Instacart+ membership. However, challenges such as a decline in average order value and a decrease in cash reserves were noted.Company Guidance
During Instacart's fourth quarter and full-year 2024 earnings call, the company provided guidance reflecting strong business performance and strategic initiatives. Instacart reported a 10% year-over-year growth in Gross Transaction Volume (GTV) for Q4, driven by an 11% increase in orders, despite a 1% decline in average order value attributed to restaurant orders. The company achieved a GAAP net income of $148 million, an improvement of $13 million from the previous year, and an adjusted EBITDA of $252 million, exceeding the high-end of their guidance range and up 27% year-over-year. Instacart's cash and similar assets totaled $1.5 billion at the end of 2024, with ongoing share repurchases contributing to a cumulative buyback of 46 million shares for $1.4 billion throughout the year. For Q1 2025, Instacart anticipates GTV growth of 8% to 10%, with adjusted EBITDA projected between $220 million and $230 million. The company continues to focus on expanding its enterprise solutions, enhancing advertising performance, and driving affordability for consumers, which includes initiatives like the industry-leading $10 minimum basket. Despite macroeconomic challenges, Instacart remains committed to delivering steady annual adjusted EBITDA expansion and leveraging its category leadership to foster long-term profitable growth.Strong GTV Growth
Instacart delivered Gross Transaction Value (GTV) at the high-end of guidance range, growing 10% year-over-year in Q4 2024.
Advertising Revenue Increase
Advertising and other revenue increased by 10% year-over-year, driven by strong performances from emerging brands and large brand partners.
Adjusted EBITDA Growth
Adjusted EBITDA of $252 million exceeded the high-end of guidance, up 27% year-over-year.
Instacart+ Member Growth
Instacart+ members are growing faster than monthly users and remain the most loyal and engaged audience.
Expansion in Enterprise Solutions
Instacart launched 30 net new retailer sites in 2024, more than double the year before, with strong adoption of new storefront technologies.
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CART Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CART Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $48.78 | $42.80 | -12.26% |
| Nov 12, 2024 | $48.34 | $43.02 | -11.01% |
| Aug 06, 2024 | $31.43 | $32.31 | +2.80% |
| May 08, 2024 | $37.48 | $36.09 | -3.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Maplebear (CART) report earnings?
Maplebear (CART) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Maplebear (CART) earnings time?
Maplebear (CART) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CART EPS forecast?
CART EPS forecast for the fiscal quarter 2025 (Q1) is 0.38.
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