Instacart Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	444	-1,622	428	-73	-70	-531
Depreciation & Amortization	46	52	43	24	17	5
Other Amortization	15	5	4	3	3	2
Stock-Based Compensation	356	2,756	33	22	64	43
Provision & Write-off of Bad Debts	21	23	10	7	9	4
Other Operating Activities	-9	-463	-365	5	27	23
Change in Accounts Receivable	-128	-33	-21	-318	-405	-62
Change in Accounts Payable	12	-16	25	36	8	-2
Change in Unearned Revenue	9	18	24	47	57	-20
Change in Other Net Operating Assets	1	-134	96	43	199	47
Operating Cash Flow	767	586	277	-204	-91	-491
Operating Cash Flow Growth	90.80%	111.55%	-	-	-	-
Capital Expenditures	-68	-54	-24	-13	-7	-16
Cash Acquisitions	-	-	-93	-54	-	-
Sale (Purchase) of Intangibles	-2	-2	-2	-9	-	-
Investment in Securities	36	191	236	-254	308	326
Investing Cash Flow	-37	135	117	-330	301	310
Issuance of Common Stock	79	407	35	199	46	1
Repurchase of Common Stock	-1,525	-606	-	-	-	-
Other Financing Activities	-3	-6	11	-	-	-2
Financing Cash Flow	-1,392	-30	46	464	671	-1
Foreign Exchange Rate Adjustments	-1	3	-6	-1	1	-
Net Cash Flow	-663	694	434	-71	882	-182
Free Cash Flow	699	532	253	-217	-98	-507
Free Cash Flow Growth	93.63%	110.28%	-	-	-	-
Free Cash Flow Margin	21.19%	17.49%	9.92%	-11.83%	-6.64%	-236.92%
Free Cash Flow Per Share	2.45	4.07	2.49	-3.29	-1.69	-9.27
Cash Income Tax Paid	27	54	3	4	1	1
Levered Free Cash Flow	540.38	1,261	171.25	-187.63	-	-
Unlevered Free Cash Flow	540.38	1,261	171.25	-187.63	-	-
Change in Net Working Capital	56	155	-76	169	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.