Maplebear Inc. (CART) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.219 Good day and thank you for standing by. Welcome to the Instacart first quarter 2026 financial 00:00:05.219 -- 00:00:10.407 results conference call. At this time, all participants are in a listen-only mode. 00:00:10.407 -- 00:00:14.133 After the speaker's presentation, there will be a question and answer session. 00:00:14.133 -- 00:00:18.359 To ask a question during the session, you will need to press star 1 1 on your telephone. 00:00:18.359 -- 00:00:22.265 You will then hear an automated message advising your hand is raised. 00:00:22.265 -- 00:00:25.851 To withdraw your question, please press star 1 1 again. 00:00:25.851 -- 00:00:29.056 Please be advised that today's conference is being recorded. 00:00:29.056 -- 00:00:34.343 I would now like to hand the conference over to your first speaker today, Rebecca Yoshiyama, 00:00:34.343 -- 00:00:37.067 Vice President, Head of Investor Relations. 00:00:37.067 -- 00:00:39.427 Please go ahead. 00:00:40.452 -- 00:00:45.078 Thank you, Operator, and welcome everyone to Instacart's first quarter 2026 earnings 00:00:45.078 -- 00:00:50.105 call. On the call with me today are Chris Rogers, our Chief Executive Officer, and Emily 00:00:50.105 -- 00:00:54.122 Reuter, our Chief Financial Officer. During today's call, we will make forward-looking 00:00:54.122 -- 00:00:58.388 statements related to our business plans and strategy, developments in the grocery industry, 00:00:58.388 -- 00:01:02.694 and our future performance and prospects, including our expectations regarding our financial 00:01:02.694 -- 00:01:06.840 results and share repurchases. These forward-looking statements are subject to risks 00:01:06.840 -- 00:01:11.447 and uncertainties, which could cause actual results to differ materially from t...