Maplebear $CART

Consumer Discretionary

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Maplebear (CART) is a Consumer Discretionary company in the Russell 1000. Latest news and coverage below.

IPO: September 19, 2023 · $30.00 offering · NASDAQ · View IPO details →

Maplebear revenue & net income history (FY2021–FY2025)

RevenueNet incomeNet margin (right axis, %)
$3.74B$1.06B−$1.62BFY2021 revenue: $1.83BFY2021 net income: −$73.0M · Net margin −4.0%'21FY2022 revenue: $2.55BFY2022 net income: $428.0M · Net margin 16.8%'22FY2023 revenue: $3.04BFY2023 net income: −$1.62B · Net margin −53.3%'23FY2024 revenue: $3.38BFY2024 net income: $457.0M · Net margin 13.5%'24FY2025 revenue: $3.74BFY2025 net income: $447.0M · Net margin 11.9%'25−17.3%0%20%40%FY2021 net margin: −4.0%FY2022 net margin: 16.8%FY2023 net margin: −53.3% (off the scale, which stops at −17.3%)FY2024 net margin: 13.5%FY2025 net margin: 11.9%
Maplebear annual financial statements
FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$1.83B$2.55B$3.04B$3.38B$3.74B
Growth (year over year)—+39.1%+19.2%+11.0%+10.8%
Gross profit$1.23B$1.83B$2.28B$2.54B$2.76B
Gross margin66.8%71.8%74.9%75.3%73.7%
Operating income−$86.0M$62.0M−$2.14B$489.0M$498.0M
Operating margin−4.7%2.4%−70.4%14.5%13.3%
Net income−$73.0M$428.0M−$1.62B$457.0M$447.0M
Net margin−4.0%16.8%−53.3%13.5%11.9%
EPS (diluted)−$1.12$0.96−$12.43$1.58$1.60
Balance sheet
Cash and equivalents$1.15B$1.50B$2.14B$1.28B$637.0M
Total assets—$3.67B$4.73B$4.12B$3.69B
Total liabilities—$911.0M$800.0M$836.0M$974.0M
Shareholders' equity−$573.0M−$64.0M$3.75B$3.09B$2.52B
Cash flow
Operating cash flow−$204.0M$277.0M$586.0M$687.0M$971.0M
Capital expenditure$13.0M$24.0M$54.0M$64.0M$61.0M
Free cash flow−$217.0M$253.0M$532.0M$623.0M$910.0M
Share buybacks$0$0$36.0M$1.40B$1.39B

From Maplebear's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Maplebear

Headquarters
San Francisco, California From SEC filings, Oct 2026

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