Instacart announced its Q4 and full year 2025 financial results, reporting 14% year-over-year GTV growth and 16% order growth in Q4, its strongest quarterly GTV growth in three years. The company generated $971 million in operating cash flow for 2025 and repurchased $1.4 billion of shares, including $1.1 billion in Q4.
Key takeaways
GTV grew 14% year-over-year in Q4 2025, the strongest quarterly GTV growth in three years.
Orders increased 16% year-over-year in Q4 2025.
Generated $971 million in operating cash flow for full year 2025.
Repurchased $1.4 billion of shares in 2025, including $1.1 billion in Q4.
Guiding to strongest year-over-year GTV growth in Q1 2026 as a public company.
Delivered over $1 billion in advertising and other revenue in 2025.