Instacart hits $10B quarterly sales, boosts AI-driven grocery shopping and expands enterprise platform globally.

Instacart reported over $10 billion in quarterly gross transaction value and $1 billion in revenue for Q1 2026, driven by its AI-powered shopping tools and enterprise platform Storefront Pro. The company uses its vast grocery data to enhance meal planning, basket building, and personalized recommendations, integrating with AI systems like ChatGPT. Instacart's enterprise platform now supports 380+ grocery sites including Costco and Publix, improving online sales and customer retention. The firm is expanding internationally with launches in Spain and France and acquired Instaleap to strengthen its presence in Europe and Latin America. Advertising revenue grew 16%, supported by a growing ad partner network and advanced AI targeting. Instacart+ membership and AI-powered smart carts also contributed to growth, with positive outlook for continued expansion in Q2 2026.