Growth & profitability
- Revenue has grown 19.5% per year over the past 4 years.
- Operating margin has expanded, at 13.3% in the latest year.
CART Financials Maplebear Inc.
5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $3.7B | $447M | 73.7% | 13.3% | $910M | — | $637M |
| 2024 | $3.4B | $457M | 75.3% | 14.5% | $623M | — | $1.3B |
| 2023 | $3.0B | -$1.6B | 74.9% | -70.4% | $532M | — | $2.1B |
| 2022 | $2.6B | $428M | 71.8% | 2.4% | $253M | — | $1.5B |
| 2021 | $1.8B | -$73M | 66.8% | -4.7% | -$217M | — | $1.1B |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $1.0B | $144M | 72.4% | 17.9% | $252M | — | $631M |
| Dec '25 | $992M | $81M | 72.3% | 9.8% | $171M | — | $637M |
| Sep '25 | $939M | $144M | 73.7% | 17.7% | $272M | — | $1.7B |
| Jun '25 | $914M | $116M | 74.2% | 13.6% | $187M | — | $1.5B |
| Mar '25 | $897M | $106M | 74.8% | 12.3% | $280M | — | $1.6B |
| Dec '24 | $883M | $148M | 75.2% | 17.6% | $141M | — | $1.3B |
| Sep '24 | $852M | $118M | 75.2% | 16.2% | $171M | — | $1.3B |
| Jun '24 | $823M | $61M | 75.7% | 6.3% | $220M | — | $1.4B |
| Mar '24 | $820M | $130M | 74.9% | 17.6% | $91M | — | $1.5B |
| Dec '23 | $803M | $135M | 75.7% | 5.7% | $217M | — | $2.1B |
| Sep '23 | $764M | -$2.0B | 73.4% | -321.6% | $95M | — | $2.0B |
| Jun '23 | $716M | $114M | 73.6% | 16.6% | $159M | — | $1.8B |
| Mar '23 | $759M | $128M | 76.7% | 19.8% | $61M | — | $1.6B |
| Dec '22 | $757M | $466M | 76.2% | 13.5% | $46M | — | $1.5B |
| Sep '22 | $668M | $36M | 72.6% | 4.9% | — | — | $1.5B |
| Jun '22 | — | $8M | — | — | — | — | — |
| Mar '22 | — | -$82M | — | — | — | — | — |
Valuation over time
How the market has priced CART against its own fundamentals since 2023-09 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 16.3× (Sep '23) to 24.6× (Jun '26).
- The price-to-sales ratio has risen from 2.7× (Sep '23) to 2.9× (Jun '26).
P/E
P/S
Frequently asked questions
Is CART growing its revenue and profit?
Over the past 4 years, Maplebear Inc.'s revenue has grown 19.5% per year. These are computed facts, not advice.
How much debt does CART have?
As of FY2025, Maplebear Inc. reported — of total debt against $637M of cash.
What is CART's profit margin?
In FY2025, gross margin was 73.7%, operating margin 13.3%, and net margin 11.9%.
What is CART's P/E ratio?
As of Jun '26, Maplebear Inc. traded at a price-to-earnings ratio of about 24.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.