Instacart (CART) Q4 Earnings: Revenue Up 10.1% Exps at $972.2M, EPS $0.95

Thursday, February 12, 2026 — Instacart (NASDAQ:CART) reports results after the bell. For Q3 2025, the company posted revenue of $939 million, up 10.2% year-on-year and 0.5% over estimates, and outperformed on an adjusted EBITDA basis. Looking ahead, analysts expect revenue to rise 10.1% YoY to $972.2 million and adjusted EPS of $0.95, in line with the 10% growth seen in the same quarter last year. Over the past month, Instacart is down 15.9%, trading at $34.78 versus an average analyst price target of $49.96. Peer performance provides context: Electronic Arts shares fell 2.3% after a 61.8% revenue beat, and Reddit was down 7.4% after a 69.7% revenue surprise. Macroeconomic uncertainty, including trade policy and tax discussions, remains a headwind for growth.