Maplebear Inc. (CART)
NASDAQ: CART · Real-Time Price · USD
58.42
-1.66 (-2.76%)
At close: Oct 28, 2026, 4:00 PM EDT
60.75
+2.33 (3.99%)
After-hours: Oct 28, 2026, 7:59 PM EDT
Instacart Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Net Income | 481 | 485 | 447 | 514 | 488 | 433 | 457 | 444 | -1,673 | -1,620 | -1,622 | -1,291 | 744 | 638 | 428 | -79.5 | -157 | -160 | -73 | -70 |
Depreciation & Amortization | 35 | 37 | 39 | 40 | 42 | 44 | 45 | 46 | 49 | 51 | 52 | 54 | 51 | 47 | 43 | 37 | 33 | 28 | 24 | 17 |
Other Amortization | 83 | 71 | 60 | 51 | 40 | 30 | 22 | 15 | 9 | 7 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 3.5 | 3 | 3 |
Asset Writedown & Restructuring Costs | 19 | 24 | 24 | 21 | 11 | 6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Stock-Based Compensation | 401 | 366 | 352 | 339 | 327 | 357 | 300 | 356 | 2,892 | 2,760 | 2,756 | 2,624 | 29 | 31 | 33 | 28.5 | 24 | 23.5 | 22 | 64 |
Provision & Write-off of Bad Debts | 12 | 14 | 15 | 15 | 16 | 15 | 19 | 21 | 26 | 27 | 23 | 21 | 15 | 12 | 10 | 8.5 | 7 | 7 | 7 | 9 |
Other Operating Activities | 170 | 136 | 95 | 70 | 29 | 19 | 63 | -9 | -445 | -429 | -463 | -767 | -354 | -357 | -365 | 7 | 4 | 4.5 | 5 | 27 |
Change in Accounts Receivable | 51 | -129 | -121 | -108 | -167 | -76 | -185 | -128 | -151 | -95 | -33 | -160 | -74 | -161 | -21 | 12 | -98 | -140 | -318 | -405 |
Change in Accounts Payable | -7 | -30 | -11 | 8 | 12 | 30 | 8 | 12 | 9 | 13 | -16 | -6 | -7 | -20 | 25 | 14.5 | 20 | 23.5 | 36 | 8 |
Change in Unearned Revenue | 12 | 12 | 10 | 9 | 4 | 5 | 4 | 9 | 16 | 16 | 18 | 10 | 5 | 11 | 24 | 49 | 65 | 67.5 | 47 | 57 |
Change in Other Net Operating Assets | -25 | -45 | 61 | -18 | 37 | 17 | -46 | 1 | -39 | -109 | -134 | -87 | 7 | 112 | 96 | 87 | 77 | 10.5 | 43 | 199 |
Operating Cash Flow | 1,232 | 941 | 971 | 941 | 839 | 880 | 687 | 767 | 693 | 621 | 586 | 402 | 420 | 317 | 277 | 168 | -21 | -132 | -204 | -91 |
Operating Cash Flow Growth (YoY) | 46.84% | 6.93% | 41.34% | 22.69% | 21.07% | 41.71% | 17.23% | 90.80% | 65.00% | 95.90% | 111.55% | 139.29% | - | - | - | - | - | - | - | - |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Capital Expenditures | -56 | -59 | -61 | -61 | -60 | -68 | -64 | -68 | -70 | -59 | -54 | -41 | -33 | -27 | -24 | -24 | -19 | -15.5 | -13 | -7 |
Cash Acquisitions | -30 | -106 | -106 | -105 | -105 | - | - | - | - | - | - | - | -93 | -93 | -93 | -120 | -54 | -54 | -54 | - |
Sale (Purchase) of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | -2 | - | -3.5 | -5 | -6 | -9 | - |
Investment in Securities | -18 | -48 | -37 | -78 | -96 | -49 | -40 | 36 | 119 | 168 | 191 | 234 | 264 | 252 | 236 | 124.5 | -40 | -153.5 | -254 | 308 |
Other Investing Activities | -4 | -4 | -4 | - | -2 | -2 | -3 | -5 | -3 | -3 | -2 | - | - | - | -2 | - | - | - | - | - |
Investing Cash Flow | -108 | -217 | -208 | -244 | -263 | -119 | -107 | -37 | 46 | 106 | 135 | 193 | 138 | 130 | 117 | -23 | -118 | -229 | -330 | 301 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Short-Term Debt Issued | - | - | 12 | - | - | - | 10 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Debt Issued | 3 | -4 | 12 | -6 | 53 | 57 | 10 | 57 | - | - | - | - | -58 | -55 | - | -19 | 20 | 36 | - | - |
Net Debt Issued (Repaid) | 3 | -4 | 12 | -6 | 53 | 57 | 10 | 57 | - | - | - | - | -58 | -55 | - | -19 | 20 | 36 | - | - |
Issuance of Common Stock | 6 | 7 | 8 | 12 | 12 | 35 | 80 | 79 | 481 | 456 | 407 | 404 | - | - | 35 | 52.5 | 70 | 152 | 199 | 46 |
Repurchase of Common Stock | -1,877 | -1,676 | -1,410 | -307 | -598 | -802 | -1,503 | -1,525 | -1,735 | -1,404 | -606 | -570 | - | - | - | - | - | - | - | - |
Other Financing Activities | -3 | - | -1 | -1 | - | 1 | - | -3 | -5 | -6 | -6 | 8 | 10 | 10 | 11 | - | - | - | - | - |
Financing Cash Flow | -1,871 | -1,673 | -1,391 | -302 | -533 | -709 | -1,413 | -1,392 | -1,084 | -779 | -30 | 17 | -48 | -45 | 46 | 33.5 | 90 | 320.5 | 464 | 671 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Foreign Exchange Rate Adjustments | -4 | 2 | 4 | -3 | - | -6 | -11 | -1 | -6 | -1 | 3 | 1 | -3 | -8 | -6 | -8.5 | -3 | - | -1 | 1 |
Miscellaneous Cash Flow Adjustments | -1 | 1 | 1 | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Flow | -752 | -946 | -623 | 392 | 44 | 46 | -844 | -663 | -351 | -53 | 694 | 613 | 507 | 394 | 434 | 170 | -52 | -40.5 | -71 | 882 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Free Cash Flow | 1,176 | 882 | 910 | 880 | 779 | 812 | 623 | 699 | 623 | 562 | 532 | 361 | 387 | 290 | 253 | 144 | -40 | -147.5 | -217 | -98 |
Free Cash Flow Growth (YoY) | 50.96% | 8.62% | 46.07% | 25.89% | 25.04% | 44.48% | 17.11% | 93.63% | 60.98% | 93.79% | 110.28% | 150.69% | - | - | - | - | - | - | - | - |
Free Cash Flow Margin | 29.45% | 22.83% | 24.32% | 24.22% | 21.97% | 23.50% | 18.44% | 21.20% | 19.41% | 18.11% | 17.49% | 12.05% | 13.35% | 10.34% | 9.92% | 6.35% | -1.93% | -7.78% | -11.83% | -6.64% |
Free Cash Flow Per Share | 4.45 | 3.22 | 3.25 | 3.07 | 2.74 | 2.87 | 2.15 | 2.46 | 2.71 | 3.10 | 4.07 | 4.62 | 3.80 | 2.52 | 2.49 | 2.03 | -0.57 | -2.18 | -3.29 | -1.69 |
Levered Free Cash Flow | 917.88 | 624.13 | 647.5 | 638.13 | 661.25 | 749.63 | 477.13 | 542.38 | 1,366 | 1,285 | 1,263 | - | 156.88 | - | 173.25 | - | - | - | -187.63 | - |
Unlevered Free Cash Flow | 917.88 | 624.13 | 647.5 | 638.13 | 661.25 | 749.63 | 477.13 | 542.38 | 1,366 | 1,285 | 1,263 | - | 156.88 | - | 173.25 | - | - | - | -187.63 | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Cash Income Tax Paid | - | 16 | 43 | 41 | 43 | 33 | 13 | 27 | 32 | 54 | 54 | 40 | 35 | 3 | 3 | 3.5 | 3 | 3.5 | 4 | 1 |
Change in Working Capital | 31 | -192 | -61 | -109 | -114 | -24 | -219 | -106 | -165 | -175 | -165 | -243 | -69 | -58 | 124 | 162.5 | 64 | -38.5 | -192 | -141 |