vs

Side-by-side financial comparison of Maplebear Inc. (CART) and Capri Holdings Ltd (CPRI). Click either name above to swap in a different company.

Capri Holdings Ltd is the larger business by last-quarter revenue ($1.0B vs $992.0M, roughly 1.0× Maplebear Inc.). Capri Holdings Ltd runs the higher net margin — 11.3% vs 8.2%, a 3.2% gap on every dollar of revenue. On growth, Maplebear Inc. posted the faster year-over-year revenue change (12.3% vs -18.7%). Capri Holdings Ltd produced more free cash flow last quarter ($183.0M vs $171.0M). Over the past eight quarters, Maplebear Inc.'s revenue compounded faster (10.0% CAGR vs -15.2%).

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.

Capri Holdings Limited is a multinational fashion holding company, incorporated in the British Virgin Islands, with executive offices in London and operational offices in New York. It was founded in 1981 by American designer Michael Kors. The company sells clothes, shoes, watches, handbags, and other accessories. In 2015, the company had more than 550 stores and over 1,500 in-store boutiques in various countries.

CART vs CPRI — Head-to-Head

Bigger by revenue
CPRI
CPRI
1.0× larger
CPRI
$1.0B
$992.0M
CART
Growing faster (revenue YoY)
CART
CART
+31.1% gap
CART
12.3%
-18.7%
CPRI
Higher net margin
CPRI
CPRI
3.2% more per $
CPRI
11.3%
8.2%
CART
More free cash flow
CPRI
CPRI
$12.0M more FCF
CPRI
$183.0M
$171.0M
CART
Faster 2-yr revenue CAGR
CART
CART
Annualised
CART
10.0%
-15.2%
CPRI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CART
CART
CPRI
CPRI
Revenue
$992.0M
$1.0B
Net Profit
$81.0M
$116.0M
Gross Margin
72.3%
60.8%
Operating Margin
9.9%
4.5%
Net Margin
8.2%
11.3%
Revenue YoY
12.3%
-18.7%
Net Profit YoY
-45.3%
121.2%
EPS (diluted)
$0.31
$0.96

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.

Revenue
CART
CART
CPRI
CPRI
Q4 25
$992.0M
$1.0B
Q3 25
$939.0M
$856.0M
Q2 25
$914.0M
$797.0M
Q1 25
$897.0M
$1.6B
Q4 24
$883.0M
$1.1B
Q3 24
$852.0M
$878.0M
Q2 24
$823.0M
$848.0M
Q1 24
$820.0M
Net Profit
CART
CART
CPRI
CPRI
Q4 25
$81.0M
$116.0M
Q3 25
$144.0M
$-28.0M
Q2 25
$116.0M
$53.0M
Q1 25
$106.0M
$-645.0M
Q4 24
$148.0M
$-547.0M
Q3 24
$118.0M
$24.0M
Q2 24
$61.0M
$-14.0M
Q1 24
$130.0M
Gross Margin
CART
CART
CPRI
CPRI
Q4 25
72.3%
60.8%
Q3 25
73.7%
61.0%
Q2 25
74.2%
63.0%
Q1 25
74.8%
64.9%
Q4 24
75.2%
63.1%
Q3 24
75.2%
62.3%
Q2 24
75.7%
63.1%
Q1 24
74.9%
Operating Margin
CART
CART
CPRI
CPRI
Q4 25
9.9%
4.5%
Q3 25
17.7%
-1.4%
Q2 25
13.6%
2.0%
Q1 25
12.3%
-47.5%
Q4 24
17.6%
2.4%
Q3 24
16.2%
-0.7%
Q2 24
6.3%
1.3%
Q1 24
17.6%
Net Margin
CART
CART
CPRI
CPRI
Q4 25
8.2%
11.3%
Q3 25
15.3%
-3.3%
Q2 25
12.7%
6.6%
Q1 25
11.8%
-39.1%
Q4 24
16.8%
-51.2%
Q3 24
13.8%
2.7%
Q2 24
7.4%
-1.7%
Q1 24
15.9%
EPS (diluted)
CART
CART
CPRI
CPRI
Q4 25
$0.31
$0.96
Q3 25
$0.51
$-0.22
Q2 25
$0.41
$0.44
Q1 25
$0.37
$-5.47
Q4 24
$0.53
$-4.61
Q3 24
$0.42
$0.20
Q2 24
$0.20
$-0.12
Q1 24
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CART
CART
CPRI
CPRI
Cash + ST InvestmentsLiquidity on hand
$687.0M
$154.0M
Total DebtLower is stronger
$234.0M
Stockholders' EquityBook value
$2.5B
$105.0M
Total Assets
$3.7B
$3.3B
Debt / EquityLower = less leverage
2.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CART
CART
CPRI
CPRI
Q4 25
$687.0M
$154.0M
Q3 25
$1.7B
$120.0M
Q2 25
$1.6B
$129.0M
Q1 25
$1.6B
$107.0M
Q4 24
$1.4B
$356.0M
Q3 24
$1.3B
$182.0M
Q2 24
$1.4B
$213.0M
Q1 24
$1.5B
Total Debt
CART
CART
CPRI
CPRI
Q4 25
$234.0M
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
Stockholders' Equity
CART
CART
CPRI
CPRI
Q4 25
$2.5B
$105.0M
Q3 25
$3.5B
$-74.0M
Q2 25
$3.3B
$-17.0M
Q1 25
$3.2B
$368.0M
Q4 24
$3.1B
$1.1B
Q3 24
$2.9B
$1.5B
Q2 24
$3.0B
$1.6B
Q1 24
$3.1B
Total Assets
CART
CART
CPRI
CPRI
Q4 25
$3.7B
$3.3B
Q3 25
$4.5B
$5.6B
Q2 25
$4.4B
$5.5B
Q1 25
$4.3B
$5.2B
Q4 24
$4.1B
$5.9B
Q3 24
$3.9B
$6.8B
Q2 24
$4.0B
$6.6B
Q1 24
$4.1B
Debt / Equity
CART
CART
CPRI
CPRI
Q4 25
2.23×
Q3 25
Q2 25
Q1 25
4.05×
Q4 24
1.38×
Q3 24
1.15×
Q2 24
1.08×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CART
CART
CPRI
CPRI
Operating Cash FlowLast quarter
$183.0M
$202.0M
Free Cash FlowOCF − Capex
$171.0M
$183.0M
FCF MarginFCF / Revenue
17.2%
17.9%
Capex IntensityCapex / Revenue
1.2%
1.9%
Cash ConversionOCF / Net Profit
2.26×
1.74×
TTM Free Cash FlowTrailing 4 quarters
$910.0M
$-134.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CART
CART
CPRI
CPRI
Q4 25
$183.0M
$202.0M
Q3 25
$287.0M
$-52.0M
Q2 25
$203.0M
$-8.0M
Q1 25
$298.0M
$-161.0M
Q4 24
$153.0M
$309.0M
Q3 24
$185.0M
$50.0M
Q2 24
$244.0M
$83.0M
Q1 24
$105.0M
Free Cash Flow
CART
CART
CPRI
CPRI
Q4 25
$171.0M
$183.0M
Q3 25
$272.0M
$-65.0M
Q2 25
$187.0M
$-21.0M
Q1 25
$280.0M
$-231.0M
Q4 24
$141.0M
$287.0M
Q3 24
$171.0M
$30.0M
Q2 24
$220.0M
$67.0M
Q1 24
$91.0M
FCF Margin
CART
CART
CPRI
CPRI
Q4 25
17.2%
17.9%
Q3 25
29.0%
-7.6%
Q2 25
20.5%
-2.6%
Q1 25
31.2%
-14.0%
Q4 24
16.0%
26.9%
Q3 24
20.1%
3.4%
Q2 24
26.7%
7.9%
Q1 24
11.1%
Capex Intensity
CART
CART
CPRI
CPRI
Q4 25
1.2%
1.9%
Q3 25
1.6%
1.5%
Q2 25
1.8%
1.6%
Q1 25
2.0%
4.2%
Q4 24
1.4%
2.1%
Q3 24
1.6%
2.3%
Q2 24
2.9%
1.9%
Q1 24
1.7%
Cash Conversion
CART
CART
CPRI
CPRI
Q4 25
2.26×
1.74×
Q3 25
1.99×
Q2 25
1.75×
-0.15×
Q1 25
2.81×
Q4 24
1.03×
Q3 24
1.57×
2.08×
Q2 24
4.00×
Q1 24
0.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CART
CART

Transaction$698.0M70%
Advertising And Other$294.0M30%

CPRI
CPRI

Michael Kors Segment$593.0M58%
Other$379.0M37%
Jimmy Choo Segment$53.0M5%

Related Comparisons