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Side-by-side financial comparison of ACUITY INC. (DE) (AYI) and Maplebear Inc. (CART). Click either name above to swap in a different company.
ACUITY INC. (DE) is the larger business by last-quarter revenue ($1.1B vs $992.0M, roughly 1.2× Maplebear Inc.). ACUITY INC. (DE) runs the higher net margin — 10.5% vs 8.2%, a 2.4% gap on every dollar of revenue. On growth, ACUITY INC. (DE) posted the faster year-over-year revenue change (20.2% vs 12.3%). Maplebear Inc. produced more free cash flow last quarter ($171.0M vs $114.8M). Over the past eight quarters, ACUITY INC. (DE)'s revenue compounded faster (12.4% CAGR vs 10.0%).
Squarespace, Inc. is an American website building and hosting company based in New York City. It provides software as a service for website building and hosting, and allows users to use pre-built website templates and drag-and-drop elements to create and modify webpages.
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.
AYI vs CART — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $992.0M |
| Net Profit | $120.5M | $81.0M |
| Gross Margin | 48.4% | 72.3% |
| Operating Margin | 14.0% | 9.9% |
| Net Margin | 10.5% | 8.2% |
| Revenue YoY | 20.2% | 12.3% |
| Net Profit YoY | 12.9% | -45.3% |
| EPS (diluted) | $3.82 | $0.31 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.1B | $992.0M | ||
| Q3 25 | $1.2B | $939.0M | ||
| Q2 25 | $1.2B | $914.0M | ||
| Q1 25 | $1.0B | $897.0M | ||
| Q4 24 | $951.6M | $883.0M | ||
| Q3 24 | $1.0B | $852.0M | ||
| Q2 24 | $968.1M | $823.0M | ||
| Q1 24 | $905.9M | $820.0M |
| Q4 25 | $120.5M | $81.0M | ||
| Q3 25 | $114.0M | $144.0M | ||
| Q2 25 | $98.4M | $116.0M | ||
| Q1 25 | $77.5M | $106.0M | ||
| Q4 24 | $106.7M | $148.0M | ||
| Q3 24 | $118.9M | $118.0M | ||
| Q2 24 | $113.9M | $61.0M | ||
| Q1 24 | $89.2M | $130.0M |
| Q4 25 | 48.4% | 72.3% | ||
| Q3 25 | 48.9% | 73.7% | ||
| Q2 25 | 48.4% | 74.2% | ||
| Q1 25 | 46.5% | 74.8% | ||
| Q4 24 | 47.2% | 75.2% | ||
| Q3 24 | 47.3% | 75.2% | ||
| Q2 24 | 46.7% | 75.7% | ||
| Q1 24 | 45.5% | 74.9% |
| Q4 25 | 14.0% | 9.9% | ||
| Q3 25 | 14.9% | 17.7% | ||
| Q2 25 | 11.9% | 13.6% | ||
| Q1 25 | 11.0% | 12.3% | ||
| Q4 24 | 14.0% | 17.6% | ||
| Q3 24 | 15.2% | 16.2% | ||
| Q2 24 | 15.0% | 6.3% | ||
| Q1 24 | 13.0% | 17.6% |
| Q4 25 | 10.5% | 8.2% | ||
| Q3 25 | 9.4% | 15.3% | ||
| Q2 25 | 8.3% | 12.7% | ||
| Q1 25 | 7.7% | 11.8% | ||
| Q4 24 | 11.2% | 16.8% | ||
| Q3 24 | 11.5% | 13.8% | ||
| Q2 24 | 11.8% | 7.4% | ||
| Q1 24 | 9.8% | 15.9% |
| Q4 25 | $3.82 | $0.31 | ||
| Q3 25 | $3.61 | $0.51 | ||
| Q2 25 | $3.12 | $0.41 | ||
| Q1 25 | $2.45 | $0.37 | ||
| Q4 24 | $3.35 | $0.53 | ||
| Q3 24 | $3.77 | $0.42 | ||
| Q2 24 | $3.62 | $0.20 | ||
| Q1 24 | $2.84 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $376.1M | $687.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.8B | $2.5B |
| Total Assets | $4.7B | $3.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $376.1M | $687.0M | ||
| Q3 25 | $422.5M | $1.7B | ||
| Q2 25 | $371.8M | $1.6B | ||
| Q1 25 | $397.9M | $1.6B | ||
| Q4 24 | $935.6M | $1.4B | ||
| Q3 24 | $845.8M | $1.3B | ||
| Q2 24 | $699.0M | $1.4B | ||
| Q1 24 | $578.9M | $1.5B |
| Q4 25 | $2.8B | $2.5B | ||
| Q3 25 | $2.7B | $3.5B | ||
| Q2 25 | $2.6B | $3.3B | ||
| Q1 25 | $2.5B | $3.2B | ||
| Q4 24 | $2.5B | $3.1B | ||
| Q3 24 | $2.4B | $2.9B | ||
| Q2 24 | $2.3B | $3.0B | ||
| Q1 24 | $2.1B | $3.1B |
| Q4 25 | $4.7B | $3.7B | ||
| Q3 25 | $4.8B | $4.5B | ||
| Q2 25 | $4.6B | $4.4B | ||
| Q1 25 | $4.6B | $4.3B | ||
| Q4 24 | $3.9B | $4.1B | ||
| Q3 24 | $3.8B | $3.9B | ||
| Q2 24 | $3.6B | $4.0B | ||
| Q1 24 | $3.5B | $4.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $140.8M | $183.0M |
| Free Cash FlowOCF − Capex | $114.8M | $171.0M |
| FCF MarginFCF / Revenue | 10.0% | 17.2% |
| Capex IntensityCapex / Revenue | 2.3% | 1.2% |
| Cash ConversionOCF / Net Profit | 1.17× | 2.26× |
| TTM Free Cash FlowTrailing 4 quarters | $534.5M | $910.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $140.8M | $183.0M | ||
| Q3 25 | $202.5M | $287.0M | ||
| Q2 25 | $207.3M | $203.0M | ||
| Q1 25 | $59.4M | $298.0M | ||
| Q4 24 | $132.2M | $153.0M | ||
| Q3 24 | $174.1M | $185.0M | ||
| Q2 24 | $152.5M | $244.0M | ||
| Q1 24 | $102.6M | $105.0M |
| Q4 25 | $114.8M | $171.0M | ||
| Q3 25 | $177.7M | $272.0M | ||
| Q2 25 | $192.3M | $187.0M | ||
| Q1 25 | $49.7M | $280.0M | ||
| Q4 24 | $113.3M | $141.0M | ||
| Q3 24 | $151.1M | $171.0M | ||
| Q2 24 | $140.5M | $220.0M | ||
| Q1 24 | $88.2M | $91.0M |
| Q4 25 | 10.0% | 17.2% | ||
| Q3 25 | 14.7% | 29.0% | ||
| Q2 25 | 16.3% | 20.5% | ||
| Q1 25 | 4.9% | 31.2% | ||
| Q4 24 | 11.9% | 16.0% | ||
| Q3 24 | 14.6% | 20.1% | ||
| Q2 24 | 14.5% | 26.7% | ||
| Q1 24 | 9.7% | 11.1% |
| Q4 25 | 2.3% | 1.2% | ||
| Q3 25 | 2.1% | 1.6% | ||
| Q2 25 | 1.3% | 1.8% | ||
| Q1 25 | 1.0% | 2.0% | ||
| Q4 24 | 2.0% | 1.4% | ||
| Q3 24 | 2.2% | 1.6% | ||
| Q2 24 | 1.2% | 2.9% | ||
| Q1 24 | 1.6% | 1.7% |
| Q4 25 | 1.17× | 2.26× | ||
| Q3 25 | 1.78× | 1.99× | ||
| Q2 25 | 2.11× | 1.75× | ||
| Q1 25 | 0.77× | 2.81× | ||
| Q4 24 | 1.24× | 1.03× | ||
| Q3 24 | 1.46× | 1.57× | ||
| Q2 24 | 1.34× | 4.00× | ||
| Q1 24 | 1.15× | 0.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AYI
| Sales Channel Through Independent Sales Network | $616.7M | 54% |
| Acuity Intelligent Spaces | $248.1M | 22% |
| QSCLLC | $95.1M | 8% |
| Sales Channel Through Direct Sales Network | $70.6M | 6% |
| Sales Channel Through Original Equipment Manufacturer And Other | $49.1M | 4% |
| Sales Channel Through Corporate Accounts Network | $40.7M | 4% |
| Sales Channel Through Retail | $40.3M | 4% |
CART
| Transaction | $698.0M | 70% |
| Advertising And Other | $294.0M | 30% |
