Instacart (NASDAQ:CART) Q4 Revenue Surpasses Expectations, Driven by Enterprise Expansion and AI Investments

Instacart (NASDAQ:CART) posted revenue of $992 million in Q4 CY2025, 12.3% higher than the prior year, and non-GAAP profit of $0.97 per share, 2.8% above consensus. The strong results followed a 13.4% year-on-year user growth and deeper engagement, driven by expanded enterprise partnerships with major retailers, including Costco in Europe, and increased adoption of its advertising solutions. CEO Chris Rogers attributed momentum to grocery-specific technology and improved AI-driven operational efficiency, with CFO Emily Maher noting productivity and system reliability gains. The company plans to scale its advertising network and expand internationally while maintaining disciplined cost management. Instacart’s stock closed at $37.78, up from $33.24, reflecting the earnings beat and growth guidance. Key watchpoints include the pace of enterprise platform adoption, international expansion through new retail integrations, and the scaling of AI tools like Cart Assistant, which are expected to lift customer engagement and operational efficiency.