Instacart IPO Presentation Deck slide image

Instacart IPO Presentation Deck

Scaling Profitability ($M/% of GTV) (0.7)% $(52) Q1 22 Adjusted EBITDA $32 0.5% Q2 22 $74 1.0% Q3 22 $133 1.8% Q4 22 $169 2.3% Q1 23 $110 1.5% Q2 23 (1.1)% $(82) Q1 22 $8 0.1% Q2 22 Note: Adjusted EBITDA is a non-GAAP measure. See Appendix for a reconciliation of Adjusted EBITDA to the most directly comparable financial measure stated in accordance with GAAP. Q3 2022 and Q4 2022 Net Income includes a $2 million and $356 million benefit, respectively, from the release of our valuation allowance on our deferred tax assets in the United States. Net Income (Loss) $466 $36 0.5% Q3 22 6.3% Q4 22 $128 1.7% Q1 23 $114 1.5% Q2 23
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