Instacart (CART) Tops Q1 EPS by 23c; offers outlook
Instacart (NASDAQ: CART) reported Q1 EPS of $0.37, $0.23 better than the analyst estimate of $0.14. Revenue for the quarter came in at $897 million versus the consensus estimate of $838.5 million.
OUTLOOK
Q2’25 Financial Outlook
GTV $8,850 - $9,000 million
Adjusted EBITDA $240 - $250 million
This GTV outlook represents year-over-year growth between 8% to 10%. We also continue to expect that orders growth will outpace GTV growth in the period. We remain on track to expanding Adjusted EBITDA year-over-year on both an absolute and percent of GTV basis in 2025.
For earnings history and earnings-related data on Instacart (CART) click here.
