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$CART Q3 '25 Earnings Results & Recap
Instacart reported strong Q3 results, with revenue at $939 million and Gross Transaction Value (GTV) at $9.17 billion. Adjusted EBITDA grew 22% year over year to $278 million. For Q4, GTV is expected to range between $9.45 and $9.6 billion, with advertising and other revenue forecast to grow 6–9% year over year, and adjusted EBITDA of $285 to $295 million.9
