NASDAQ$CART

Instacart · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Headline financials

Total Revenue

$716M

Previous: $621M+15.3%
EPS (adj)

$0.30

Previous: $0.03+937.3%
Orders

66.3M

No prior period
Gross Transaction Value

$7.47B

No prior period
Capital Expenditures

$13M

No prior period
Free Cash Flow

$159M

No prior period
Net Income

$114M

Previous: $8M+1325.0%
Operating Income

$107M

Previous: $15M+613.3%
Gross Profit

$522M

Previous: $436M+19.7%
Cash & Equivalents

$1.84B

No prior period
Stock-Based Comp

$4M

No prior period

Revenue & EPS history

Instacart · Revenue · Quarterly

$716M

Q2 2023+15.3%vs Q2 2022
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Revenue by segment

Instacart · $716M total across 2 segments · Q2 2023

  • Transaction Revenue
    $510M
  • Advertising & Other
    $206M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-0.5%

Avg return

Earnings day

-1.1%

Avg return

5 days after

+3.7%

Avg return

30 days after

50%

7 / 14 earnings

Positive

+13.5%

Q1 2025

Best reaction

-14.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-2.8%+2.6%
Q4 2025+9.2%+9.2%+15.0%
Q3 2025+1.6%+11.7%+18.3%
Q1 2025+13.5%+14.9%+14.7%
Q4 2024-12.3%-20.3%-18.6%
Q3 2024-9.9%-12.0%-12.3%
Q2 2023+0.7%-0.9%+5.9%
Q2 2024+3.9%+2.5%+11.3%
Q1 2024-3.8%-7.4%-12.1%
Q4 2021-0.2%+2.0%+12.5%
Q4 2023-0.2%-2.2%+30.5%
Q4 2022+2.7%+0.2%-1.3%
Q3 2022+2.7%+0.2%-1.3%
Q3 2023-14.0%-10.2%-14.2%
Q1 2023
Q2 2022
Q1 2022
Q3 2021
Q2 2021
Q1 2021

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