CART - NASDAQ
Instacart (Maplebear Inc.)
$39.98
-0.57%Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. The company connects the consumer with a personal shopper to shop and deliver a range of products, such as food, alcohol, consumer health, pet care, ready-made meals, and others. The company offers its services through a mobile application or website. The company was incorporated in 2012 and is based in San Francisco, California.
At a Glance
Live SnapshotInstacart (Maplebear Inc.) Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
Instacart (Maplebear Inc.) Income Statement
CART • NASDAQ
| Instacart (Maplebear Inc.) Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
REVENUE | |||||||
3.7B | 3.4B | 3B | 2.6B | 1.8B | 1.5B | 214M | |
GROSS PROFIT | |||||||
(989M) | (836M) | (764M) | (720M) | (608M) | (598M) | (232M) | |
2.8B | 2.5B | 2.3B | 1.8B | 1.2B | 879M | -18M | |
OPERATING INCOME | |||||||
(2.2B) | (2.1B) | (4.4B) | (1.8B) | (1.3B) | (954M) | (538M) | |
(1.5B) | (1.2B) | (1.8B) | (999M) | (682M) | (436M) | (222M) | |
(648M) | (604M) | (2.3B) | (518M) | (368M) | (194M) | (127M) | |
576M | 489M | -2.1B | 62M | -86M | -75M | -556M | |
PRE-TAX INCOME | |||||||
57M | 66M | 81M | 17M | 2M | 5M | 25M | |
(0.0) | (278M) | (344M) | (252M) | (262M) | (324M) | (189M) | |
-20M | 63M | 81M | 9M | 14M | 5M | 25M | |
556M | 552M | -2.1B | 71M | -72M | -70M | -531M | |
NET INCOME | |||||||
(109M) | (95M) | -439M | -357M | (1M) | (0.0) | (0.0) | |
447M | 457M | -1.6B | 428M | -73M | -70M | -531M |
SEC Filings
CART - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 29, 2026 | May 22, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 01, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 09, 2026 | December 31, 2025 | 2025 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 25, 2025 | November 21, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 10, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 10, 2025 | November 10, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 15, 2025 | August 11, 2025 | 2025 |
Related Guides
Continue your CART research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.