Operating under the Instacart brand, Maplebear Inc. provides online grocery delivery and shopping services to consumers across North America. Customers access the platform through mobile applications or web browsers to purchase groceries and household items for same-day or scheduled delivery. The company partners with retail grocery chains and independent stores to fulfill orders, leveraging existing store networks rather than operating its own distribution infrastructure.
The company generates revenue from multiple sources beyond core delivery services. Instacart offers advertising solutions to consumer packaged goods manufacturers and brands seeking placement within the platform's search results and product discovery features. The company also provides software-as-a-service solutions to retailers, enabling them to manage online grocery operations and integrate with Instacart's delivery network.
Maplebear was incorporated in Delaware in 2012 and maintains headquarters in San Francisco, California. The platform operates across the United States and Canada, with service availability spanning major metropolitan areas and surrounding regions. The company has established itself as a significant participant in the North American online grocery market, connecting millions of consumers with partner retailers.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $1.60 | $1.68 | +1.3% | |
| 2024 | $1.58 | $1.69 | +112.7% | |
| 2023 | $-12.43 | $-12.43 | — |