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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 3,993 | 3,864 | 3,742 | 3,633 | 3,546 | 3,455 | 3,378 | 3,298 | 3,210 | 3,103 | 3,042 | 2,996 | 2,900 | 2,805 | 2,551 | 2,269 | 2,076 | 1,897 | 1,834 | 1,477 | |
Revenue Growth (YoY) | 12.61% | 11.84% | 10.78% | 10.16% | 10.47% | 11.34% | 11.04% | 10.08% | 10.69% | 10.62% | 19.25% | 32.04% | 39.69% | 47.87% | 39.09% | - | - | - | 24.17% | 590.19% |
Cost of Revenue | 1,095 | 1,039 | 984 | 928 | 892 | 856 | 836 | 812 | 804 | 793 | 764 | 749 | 729 | 721 | 720 | 691.5 | 660 | 631.5 | 608 | 598 |
Gross Profit | 2,898 | 2,825 | 2,758 | 2,705 | 2,654 | 2,599 | 2,542 | 2,486 | 2,406 | 2,310 | 2,278 | 2,247 | 2,171 | 2,084 | 1,831 | 1,578 | 1,416 | 1,266 | 1,226 | 879 |
Selling, General & Admin | 1,587 | 1,573 | 1,597 | 1,509 | 1,489 | 1,487 | 1,415 | 1,429 | 2,239 | 2,139 | 2,067 | 2,076 | 1,237 | 1,256 | 1,248 | 1,177 | 1,117 | 1,031 | 934 | 759 |
Research & Development | 695 | 660 | 638 | 621 | 601 | 620 | 580 | 632 | 2,321 | 2,269 | 2,298 | 2,241 | 531 | 530 | 517 | 476 | 457 | 406.5 | 365 | 194 |
Other Operating Expenses | 21 | 19 | 23 | 18 | 34 | 35 | 38 | 26 | 43 | 37 | 59 | 24 | - | - | - | - | - | - | - | - |
Operating Expenses | 2,303 | 2,252 | 2,258 | 2,148 | 2,124 | 2,142 | 2,033 | 2,087 | 4,603 | 4,445 | 4,424 | 4,341 | 1,768 | 1,786 | 1,765 | 1,653 | 1,574 | 1,438 | 1,299 | 953 |
Operating Income | 595 | 573 | 500 | 557 | 530 | 457 | 509 | 399 | -2,197 | -2,135 | -2,146 | -2,094 | 403 | 298 | 66 | -75 | -158 | -172 | -73 | -74 |
Interest & Investment Income | 39 | 49 | 57 | 57 | 56 | 58 | 66 | 78 | 86 | 89 | 81 | 67 | 49 | 31 | 17 | 7.5 | 3 | 1.5 | 2 | 5 |
Currency Exchange Gain (Loss) | 1 | 1 | 1 | -3 | -3 | -3 | -3 | - | - | - | - | -8 | -8 | -8 | -8 | 0.5 | 1 | - | 1 | - |
Other Non Operating Income (Expenses) | -3 | - | - | 4 | 4 | 1 | - | - | -5 | -1 | - | 5 | 5 | - | - | -7 | -2 | 1 | - | - |
EBT Excluding Unusual Items | 632 | 623 | 558 | 615 | 587 | 513 | 572 | 477 | -2,116 | -2,047 | -2,065 | -2,030 | 449 | 321 | 75 | -74 | -156 | -169.5 | -70 | -69 |
Merger & Restructuring Charges | -5 | -3 | -2 | -2 | -3 | -2 | -20 | -19 | -18 | -13 | 4 | 8 | 1 | -5 | -4 | -13 | -11 | - | -10 | -1 |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.5 | 11 | 11 | 11 | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3 | - |
Pretax Income | 627 | 620 | 556 | 613 | 584 | 511 | 552 | 458 | -2,134 | -2,060 | -2,061 | -2,022 | 450 | 316 | 71 | -81.5 | -156 | -158.5 | -72 | -70 |
Income Tax Expense | 146 | 135 | 109 | 99 | 96 | 78 | 95 | 14 | -461 | -440 | -439 | -731 | -294 | -322 | -357 | -2 | 1 | 1.5 | 1 | - |
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 |
Preferred Dividends & Other Adjustments | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 7 | -102 | 2 | 351 | 387 | 457 | 351 | - | -36 | - | - | - |
Net Income to Common | 472 | 476 | 438 | 505 | 479 | 424 | 448 | 435 | -1,680 | -1,518 | -1,624 | -1,642 | 357 | 181 | 77 | -79.5 | -121 | -160 | -73 | -70 |
Net Income Growth (YoY) | -1.46% | 12.26% | -2.23% | 16.09% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 249 | 256 | 261 | 262 | 261 | 262 | 265 | 270 | 229 | 181 | 131 | 78 | 72 | 72 | 72 | 71 | 70 | 68 | 66 | 58 |
Shares Outstanding (Diluted) | 264 | 274 | 280 | 287 | 285 | 283 | 289 | 285 | 229 | 181 | 131 | 78 | 102 | 115 | 101 | 71 | 70 | 68 | 66 | 58 |
Shares Change (YoY) | -7.21% | -3.25% | -3.30% | 0.70% | 24.09% | 56.09% | 121.38% | 264.37% | 125.34% | 57.30% | 28.71% | 10.39% | 45.97% | 70.12% | 54.05% | - | - | - | 13.71% | 5.88% |
EPS (Basic) | 1.90 | 1.86 | 1.68 | 1.93 | 1.84 | 1.62 | 1.69 | 1.61 | -7.32 | -8.37 | -12.43 | -21.01 | 4.94 | 2.51 | 1.07 | -1.12 | -1.73 | -2.36 | -1.11 | -1.21 |
EPS (Diluted) | 1.82 | 1.78 | 1.60 | 1.81 | 1.73 | 1.52 | 1.58 | 1.53 | -7.32 | -8.39 | -12.43 | -21.01 | 3.70 | 1.79 | 0.96 | -1.13 | -1.75 | -2.36 | -1.12 | -1.21 |
EPS Growth (YoY) | 5.20% | 17.53% | 1.15% | 18.25% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 |
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 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 |
Gross Margin | 72.58% | 73.11% | 73.70% | 74.46% | 74.84% | 75.22% | 75.25% | 75.38% | 74.95% | 74.44% | 74.89% | 75.00% | 74.86% | 74.30% | 71.78% | 69.52% | 68.21% | 66.71% | 66.85% | 59.51% |
Operating Margin | 14.90% | 14.83% | 13.36% | 15.33% | 14.95% | 13.23% | 15.07% | 12.10% | -68.44% | -68.80% | -70.55% | -69.89% | 13.90% | 10.62% | 2.59% | -3.31% | -7.61% | -9.07% | -3.98% | -5.01% |
Profit Margin | 11.82% | 12.32% | 11.71% | 13.90% | 13.51% | 12.27% | 13.26% | 13.19% | -52.34% | -48.92% | -53.39% | -54.81% | 12.31% | 6.45% | 3.02% | -3.50% | -5.83% | -8.43% | -3.98% | -4.74% |
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% |
EBITDA | 625 | 604 | 531 | 588 | 562 | 490 | 543 | 433 | -2,161 | -2,098 | -2,108 | -2,054 | 440 | 332 | 96 | -51 | -137 | -155.5 | -60 | -67 |
EBITDA Margin | 15.65% | 15.63% | 14.19% | 16.18% | 15.85% | 14.18% | 16.07% | 13.13% | -67.32% | -67.61% | -69.30% | -68.56% | 15.17% | 11.84% | 3.76% | -2.25% | -6.60% | -8.20% | -3.27% | -4.54% |
D&A For EBITDA | 30 | 31 | 31 | 31 | 32 | 33 | 34 | 34 | 36 | 37 | 38 | 40 | 37 | 34 | 30 | 24 | 21 | 16.5 | 13 | 7 |
EBIT | 595 | 573 | 500 | 557 | 530 | 457 | 509 | 399 | -2,197 | -2,135 | -2,146 | -2,094 | 403 | 298 | 66 | -75 | -158 | -172 | -73 | -74 |
EBIT Margin | 14.90% | 14.83% | 13.36% | 15.33% | 14.95% | 13.23% | 15.07% | 12.10% | -68.44% | -68.80% | -70.55% | -69.89% | 13.90% | 10.62% | 2.59% | -3.31% | -7.61% | -9.07% | -3.98% | -5.01% |
Effective Tax Rate | 23.29% | 21.77% | 19.60% | 16.15% | 16.44% | 15.26% | 17.21% | 3.06% | - | - | - | - | - | - | - | - | - | - | - | - |
Advertising Expenses | - | - | 485 | - | - | - | 457 | - | - | - | 388 | - | - | - | 426 | - | - | - | 270 | 110 |