NASDAQ$CART

Instacart · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

CART Q2 2024 — $1.0M revenue

All statements other than statements of historical facts contained in this Quarterly Report on Form 10-Q, including statements regarding our future results of operations or financial condition, busine. Instacart reported Q2 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $1.0M.
  • Operating income: $119.
  • Gross profit: $527.

Headline financials

Total Revenue

$823M

Previous: $716M+14.9%
EPS (adj)

$0.20

Previous: $0.30-33.3%
Capital Expenditures

-$38M

Previous: $13M-392.3%
Free Cash Flow

$23M

Previous: $159M-85.5%
Net Income

$61M

Previous: $114M-46.5%
Operating Income

$52M

Previous: $107M-51.4%
Gross Profit

$623M

Previous: $522M+19.3%
R&D Expense

$184M

No prior period
Stock-Based Comp

$136M

Previous: $4M+3300.0%

Revenue & EPS history

Instacart · Revenue · Quarterly

$823M

Q2 2024+14.9%vs Q2 2023
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Revenue by segment

Instacart · $764M total across 2 segments · Q3 2023

  • Transaction Revenue
    $542M+11.8%
  • Advertising & Other
    $222M+18.7%

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 2024

Historical avgQ2 2024

-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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