Instacart is the latest app to bake a conversational AI assistant into its platform. The company announced on Wednesday that it's launching a new AI-powered grocery shopping assistant called Clementine that can turn a conversation, grocery list, or recipe into a ready-to-buy cart.
AI takes on complex tasks that are impossible to solve perfectly. In fact, that may be as good a definition for AI as any, given that the field eludes definitive objective definition.
Maplebear's Arpalus deal adds real-time shelf visibility, sharpening inventory intelligence and supporting fulfillment and AI shopping experiences.
Maplebear's AI Assistant shows early promise with larger basket sizes as the company expands agentic shopping across its marketplace and enterprise offerings.
Instacart's Q2 revenue beat, GTV gains and ad growth highlight momentum as AI, enterprise expansion and strong outlook shape its strategy.
Affordability is one of the biggest opportunities to accelerate online grocery adoption, Instacart CEO and Chairperson Chris Rogers said in prepared remarks for a Thursday (Aug. 6) earnings call. A growing number of retailers are meeting the demand for affordability by offering online grocery delivery via Instacart's platform with no markups on item prices.
Maplebear Inc. (CART) Q2 2026 Earnings Call Transcript
Maplebear NASDAQ: CART, which operates Instacart, reported second-quarter 2026 growth in gross transaction value, revenue and adjusted EBITDA, as the grocery technology company pointed to momentum in its marketplace, enterprise offerings and advertising business.
While the top- and bottom-line numbers for Maplebear (CART) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Maplebear (CART) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.41 per share a year ago.
Beyond analysts' top-and-bottom-line estimates for Maplebear (CART), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.
Maplebear heads into Q2 earnings with a positive Earnings ESP, backed by marketplace, enterprise and ad growth despite cautious consumer spending.