Instacart Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	637	1,278	2,137	1,505	1,146
Short-Term Investments	50	91	49	209	348
Cash & Short-Term Investments	687	1,369	2,186	1,714	1,494
Cash Growth	-49.82%	-37.37%	27.54%	14.73%	4.84%
Receivables	1,127	1,014	853	842	832
Prepaid Expenses	213	162	129	109	68
Restricted Cash	172	152	137	75	1
Total Current Assets	2,199	2,697	3,305	2,740	2,395
Property, Plant & Equipment	248	221	166	79	73
Long-Term Investments	81	-	-	28	128
Goodwill	393	317	318	317	263
Other Intangible Assets	71	52	77	103	68
Long-Term Deferred Tax Assets	664	771	830	371	-
Other Long-Term Assets	31	57	31	31	34
Total Assets	3,687	4,115	4,727	3,669	2,961
Accounts Payable	70	80	72	88	60
Accrued Expenses	634	350	323	265	224
Current Portion of Leases	3	13	13	13	11
Current Income Taxes Payable	-	-	-	17	2
Current Unearned Revenue	211	200	197	179	148
Other Current Liabilities	-1	155	128	233	147
Total Current Liabilities	917	798	733	795	592
Long-Term Leases	33	13	27	36	43
Other Long-Term Liabilities	23	25	40	80	77
Total Liabilities	973	836	800	911	712
Additional Paid-In Capital	7,005	6,687	6,382	918	833
Retained Earnings	-4,486	-3,585	-2,635	-977	-1,405
Comprehensive Income & Other	-1	-9	3	-5	-1
Total Common Equity	2,518	3,093	3,750	-64	-573
Shareholders' Equity	2,714	3,279	3,927	2,758	2,249
Total Liabilities & Equity	3,687	4,115	4,727	3,669	2,961
Total Debt	36	26	40	49	54
Net Cash (Debt)	732	1,343	2,146	1,693	1,568
Net Cash Growth	-45.50%	-37.42%	26.76%	7.97%	13.87%
Net Cash Per Share	2.62	4.64	16.43	16.68	23.80
Filing Date Shares Outstanding	255.53	264.64	266.5	71.4	68.84
Total Common Shares Outstanding	255.53	260.96	279.05	71.4	68.84
Working Capital	1,282	1,899	2,572	1,945	1,803
Book Value Per Share	9.85	11.85	13.44	-0.90	-8.32
Tangible Book Value	2,054	2,724	3,355	-484	-904
Tangible Book Value Per Share	8.04	10.44	12.02	-6.78	-13.13
Machinery	-	26	28	28	18
Leasehold Improvements	-	22	22	22	18

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q