Instacart delivered Q4 revenue of $992 million, beating consensus estimates, while EPS of $0.30 fell short of the $0.51 forecast. It provided robust revenue and profit guidance for the first quarter of 2026, signalling confidence in continued top-line momentum. Shares jumped 13.2% in early trading as investors weighed the revenue beat and forward outlook more heavily than the EPS miss. The stock has experienced 20 moves over 5% in the past year, trades 32.3% below its 52-week high, and is down 18.1% year-to-date. Gross Transaction Value climbed 14% year-over-year—the fastest quarterly growth in three years—driven by expanded customer adoption and accelerated order volumes across urban markets. This surge underscores improving unit economics and market penetration for the online grocery platform.