Instacart IPO Presentation Deck
GAAP to Non-GAAP Reconciliation
($ in millions)
Operations and support expense
Add (Deduct)
Depreciation and amortization expense
Stock-based compensation expense
Adjusted operations and support expense
Operations and support expense as % of GTV
Adjusted operations and support expense as % of GTV
Research and development expense
Add (Deduct)
Depreciation and amortization expense
Stock-based compensation expense
Acquisition-related expenses
Adjusted research and development expense
Research and development expense as % of GTV
Adjusted research and development expense as % of GTV
GTV
Six Months Half Ended
June 30, 2022
$130
(1)
$129
0.9%
0.9%
$243
(2)
(7)
$234
1.7%
1.6%
$14,356
December 31, 2022
$122
(1)
$121
0.8%
0.8%
$275
(2)
(11)
(1)
$261
1.9%
1.8%
$14,470
June 30, 2023
$128
(2)
$126
0.9%
0.8%
$257
(2)
(4)
$251
1.7%
1.7%
$14,937View entire presentation