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Side-by-side financial comparison of Maplebear Inc. (CART) and Evercore Inc. (EVR). Click either name above to swap in a different company.
Evercore Inc. is the larger business by last-quarter revenue ($1.4B vs $992.0M, roughly 1.4× Maplebear Inc.). Evercore Inc. runs the higher net margin — 23.0% vs 8.2%, a 14.9% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 12.3%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 10.0%).
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.
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.
CART vs EVR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $992.0M | $1.4B |
| Net Profit | $81.0M | $322.7M |
| Gross Margin | 72.3% | — |
| Operating Margin | 9.9% | — |
| Net Margin | 8.2% | 23.0% |
| Revenue YoY | 12.3% | 100.3% |
| Net Profit YoY | -45.3% | 106.1% |
| EPS (diluted) | $0.31 | $7.20 |
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.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $992.0M | $1.3B | ||
| Q3 25 | $939.0M | $1.0B | ||
| Q2 25 | $914.0M | $838.0M | ||
| Q1 25 | $897.0M | $699.0M | ||
| Q4 24 | $883.0M | $979.5M | ||
| Q3 24 | $852.0M | $738.4M | ||
| Q2 24 | $823.0M | $693.4M |
| Q1 26 | — | $322.7M | ||
| Q4 25 | $81.0M | $204.0M | ||
| Q3 25 | $144.0M | $144.6M | ||
| Q2 25 | $116.0M | $97.2M | ||
| Q1 25 | $106.0M | $146.2M | ||
| Q4 24 | $148.0M | $140.4M | ||
| Q3 24 | $118.0M | $78.4M | ||
| Q2 24 | $61.0M | $73.8M |
| Q1 26 | — | — | ||
| Q4 25 | 72.3% | — | ||
| Q3 25 | 73.7% | — | ||
| Q2 25 | 74.2% | — | ||
| Q1 25 | 74.8% | — | ||
| Q4 24 | 75.2% | — | ||
| Q3 24 | 75.2% | — | ||
| Q2 24 | 75.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 9.9% | 24.2% | ||
| Q3 25 | 17.7% | 20.8% | ||
| Q2 25 | 13.6% | 18.0% | ||
| Q1 25 | 12.3% | 16.0% | ||
| Q4 24 | 17.6% | 21.8% | ||
| Q3 24 | 16.2% | 16.7% | ||
| Q2 24 | 6.3% | 15.9% |
| Q1 26 | — | 23.0% | ||
| Q4 25 | 8.2% | 15.7% | ||
| Q3 25 | 15.3% | 13.8% | ||
| Q2 25 | 12.7% | 11.6% | ||
| Q1 25 | 11.8% | 20.9% | ||
| Q4 24 | 16.8% | 14.3% | ||
| Q3 24 | 13.8% | 10.6% | ||
| Q2 24 | 7.4% | 10.6% |
| Q1 26 | — | $7.20 | ||
| Q4 25 | $0.31 | $4.80 | ||
| Q3 25 | $0.51 | $3.41 | ||
| Q2 25 | $0.41 | $2.36 | ||
| Q1 25 | $0.37 | $3.48 | ||
| Q4 24 | $0.53 | $3.32 | ||
| Q3 24 | $0.42 | $1.86 | ||
| Q2 24 | $0.20 | $1.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $687.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.5B | — |
| Total Assets | $3.7B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $687.0M | $3.0B | ||
| Q3 25 | $1.7B | $2.4B | ||
| Q2 25 | $1.6B | $1.7B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.4B | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $2.0B | ||
| Q3 25 | $3.5B | $1.8B | ||
| Q2 25 | $3.3B | $1.7B | ||
| Q1 25 | $3.2B | $1.5B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $2.9B | $1.6B | ||
| Q2 24 | $3.0B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $3.7B | $5.4B | ||
| Q3 25 | $4.5B | $4.4B | ||
| Q2 25 | $4.4B | $3.7B | ||
| Q1 25 | $4.3B | $3.3B | ||
| Q4 24 | $4.1B | $4.2B | ||
| Q3 24 | $3.9B | $3.6B | ||
| Q2 24 | $4.0B | $3.3B |
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 | $183.0M | — |
| Free Cash FlowOCF − Capex | $171.0M | — |
| FCF MarginFCF / Revenue | 17.2% | — |
| Capex IntensityCapex / Revenue | 1.2% | — |
| Cash ConversionOCF / Net Profit | 2.26× | — |
| TTM Free Cash FlowTrailing 4 quarters | $910.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $183.0M | $807.5M | ||
| Q3 25 | $287.0M | $560.9M | ||
| Q2 25 | $203.0M | $437.7M | ||
| Q1 25 | $298.0M | $-549.7M | ||
| Q4 24 | $153.0M | $686.4M | ||
| Q3 24 | $185.0M | $234.5M | ||
| Q2 24 | $244.0M | $348.5M |
| Q1 26 | — | — | ||
| Q4 25 | $171.0M | $798.6M | ||
| Q3 25 | $272.0M | $541.5M | ||
| Q2 25 | $187.0M | $411.7M | ||
| Q1 25 | $280.0M | $-569.3M | ||
| Q4 24 | $141.0M | $673.1M | ||
| Q3 24 | $171.0M | $226.6M | ||
| Q2 24 | $220.0M | $340.7M |
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | 61.6% | ||
| Q3 25 | 29.0% | 51.8% | ||
| Q2 25 | 20.5% | 49.1% | ||
| Q1 25 | 31.2% | -81.4% | ||
| Q4 24 | 16.0% | 68.7% | ||
| Q3 24 | 20.1% | 30.7% | ||
| Q2 24 | 26.7% | 49.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 0.7% | ||
| Q3 25 | 1.6% | 1.9% | ||
| Q2 25 | 1.8% | 3.1% | ||
| Q1 25 | 2.0% | 2.8% | ||
| Q4 24 | 1.4% | 1.4% | ||
| Q3 24 | 1.6% | 1.1% | ||
| Q2 24 | 2.9% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | 3.96× | ||
| Q3 25 | 1.99× | 3.88× | ||
| Q2 25 | 1.75× | 4.50× | ||
| Q1 25 | 2.81× | -3.76× | ||
| Q4 24 | 1.03× | 4.89× | ||
| Q3 24 | 1.57× | 2.99× | ||
| Q2 24 | 4.00× | 4.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CART
| Transaction | $698.0M | 70% |
| Advertising And Other | $294.0M | 30% |
EVR
| Advisory Fees (1) | $1.2B | 89% |
| Commissions and Related Revenue | $62.7M | 4% |
| Underwriting Fees | $55.1M | 4% |
| Asset Management and Administration Fees (2) | $23.7M | 2% |
| Other Revenue, net | $15.4M | 1% |
