Maplebear (CART) - 2024 Q3 - Quarterly Results

♕instacart Q3 2024 Letter to Shareholders November 12, 2024 Dear Shareholders, We delivered another strong quarter, with our scale and critical advantages helping us continue to serve our customers, retailers, brands, and shoppers even better. In Q3, we increased GTV 11% year-over-year to $8,303 million. We also hit our fourth straight quarter of positive GAAP net income, along with solid growth in adjusted EBITDA and operating cash flow compared to last year. As the category leader in both small and big ba ...