Maplebear Inc.CARTEarnings & Financial Report
Maplebear Inc., doing business as Instacart, is an American retail media and delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. It allows customers to order groceries, and alcohol where legal, from participating retailers with the shopping being done by a personal shopper, who picks, packs, and delivers the order.
CART Q3 2025 Key Financial Metrics
Revenue
$939.0M
Gross Profit
$692.0M
Operating Profit
$166.0M
Net Profit
$144.0M
Gross Margin
73.7%
Operating Margin
17.7%
Net Margin
15.3%
YoY Growth
10.2%
EPS
$0.51
Financial Flow
Maplebear Inc. Q3 2025 Financial Summary
Maplebear Inc. reported revenue of $939.0M for Q3 2025, with a net profit of $144.0M (15.3% margin). Cost of goods sold was $247.0M, operating expenses totaled $526.0M.
Key Financial Metrics
| Total Revenue | $939.0M |
|---|---|
| Net Profit | $144.0M |
| Gross Margin | 73.7% |
| Operating Margin | 17.7% |
| Report Period | Q3 2025 |
Maplebear Inc. Annual Revenue by Year
Maplebear Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $3.4B).
| Year | Annual Revenue |
|---|---|
| 2024 | $3.4B |
| 2023 | $3.0B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $803.0M | $820.0M | $823.0M | $852.0M | $883.0M | $897.0M | $914.0M | $939.0M |
| YoY Growth | N/A | 8.0% | 14.9% | 11.5% | 10.0% | 9.4% | 11.1% | 10.2% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.73B | $4.10B | $4.03B | $3.93B | $4.12B | $4.29B | $4.43B | $4.54B |
| Liabilities | $800.0M | $777.0M | $806.0M | $870.0M | $836.0M | $928.0M | $942.0M | $889.0M |
| Equity | $3.75B | $3.14B | $3.04B | $2.87B | $3.09B | $3.18B | $3.30B | $3.46B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $105.0M | $244.0M | $185.0M | $153.0M | $298.0M | $203.0M | $287.0M |
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