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Maplebear (CART) guidance and outlook

Maplebear's 10-Q filed Nov 5, 2026 makes 24 forward-looking statements.

Guidance and outlook

Forward-looking statements, 10-Q filed Nov 5, 2026

• Our historical results are not necessarily indicative of the results that may be expected for any period in the future.
• We expect to record pre-tax charges of approximately $55 million to $80 million related to the Caper Wind-Down, primarily in the fourth quarter of 2026.
• We expect $30 million to $50 million of these charges to result in future cash expenditures.
• At the effective time of the Merger, each outstanding share of our common stock (other than excluded shares and shares for which appraisal rights are properly demanded and perfected, as described in the Merger Agreement) will be converted into the right to receive, at the holder’s election and without interest, $65.00 in cash, 0.3372 shares of DoorDash Class A common stock, or $48.75 in cash plus 0.0843 shares of…
• Until the effective time of the Merger, we will continue to operate as an independent company.
• We also experience and expect to continue experiencing challenges to the independent contractor classification of shoppers who use Instacart in other jurisdictions in which we operate, as well as the imposition of additional requirements on the use of contractors.
• We have experienced and expect to continue to experience fluctuations in GTV growth, including due to the macroeconomic conditions described above, changes in customer and retailer engagement, and the effects of our strategic initiatives.
• We expect transaction revenue from customer and retailer fees to fluctuate from time to time as a result of customer and retailer fee optimizations and changes in the mix of customer use cases and fulfillment options.
• We also expect the amounts of payments to shoppers, coupons, consumer and shopper incentives, and refunds to fluctuate over time depending on a number of factors.
• Furthermore, our overall marketing strategy will impact the spend mix between activities that are recorded as reductions of revenue, such as promotions and consumer incentives, and activities that are recorded as sales and marketing expense, such as paid marketing and referrer credits.
• In addition, we expect our advertising and other revenue growth rate and advertising and other investment rate (which we define as advertising and other revenue in a given period divided by GTV in such period) to continue to fluctuate, particularly during periods of acceleration or decreases in our GTV growth.
• We also expect advertising and other investment rate to fluctuate during periods in which we generate more GTV from sources where we do not provide advertising or where we have recently enabled advertising, such as from certain new offerings or use cases and from retailers’ owned and operated online storefronts including those utilizing Instacart API that do not partner with Carrot Ads.

Maplebear's latest quarter

Questions

What does Maplebear expect?

Our historical results are not necessarily indicative of the results that may be expected for any period in the future. We expect to record pre-tax charges of approximately $55 million to $80 million related to the Caper Wind-Down, primarily in the fourth quarter of 2026. We expect $30 million to $50 million of these charges to result in future cash expenditures.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.