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Side-by-side financial comparison of Maplebear Inc. (CART) and HAEMONETICS CORP (HAE). Click either name above to swap in a different company.
HAEMONETICS CORP is the larger business by last-quarter revenue ($1.3B vs $992.0M, roughly 1.3× Maplebear Inc.). Maplebear Inc. runs the higher net margin — 8.2% vs 7.3%, a 0.9% gap on every dollar of revenue. On growth, Maplebear Inc. posted the faster year-over-year revenue change (12.3% vs 4.8%). HAEMONETICS CORP produced more free cash flow last quarter ($209.9M vs $171.0M). Over the past eight quarters, HAEMONETICS CORP's revenue compounded faster (99.2% 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.
Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Natick, Massachusetts by Dr. Allen (Jack) Latham in the 1970s.
CART vs HAE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2026
| Metric | | |
|---|---|---|
| Revenue | $992.0M | $1.3B |
| Net Profit | $81.0M | $97.3M |
| Gross Margin | 72.3% | 14.9% |
| Operating Margin | 9.9% | 83.4% |
| Net Margin | 8.2% | 7.3% |
| Revenue YoY | 12.3% | 4.8% |
| Net Profit YoY | -45.3% | -42.0% |
| EPS (diluted) | $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.
| Q1 26 | — | $1.3B | ||
| Q4 25 | $992.0M | $339.0M | ||
| Q3 25 | $939.0M | $327.3M | ||
| Q2 25 | $914.0M | $321.4M | ||
| Q1 25 | $897.0M | $330.6M | ||
| Q4 24 | $883.0M | $348.5M | ||
| Q3 24 | $852.0M | $345.5M | ||
| Q2 24 | $823.0M | $336.2M |
| Q1 26 | — | $97.3M | ||
| Q4 25 | $81.0M | $44.7M | ||
| Q3 25 | $144.0M | $38.7M | ||
| Q2 25 | $116.0M | $34.0M | ||
| Q1 25 | $106.0M | $58.0M | ||
| Q4 24 | $148.0M | $37.5M | ||
| Q3 24 | $118.0M | $33.8M | ||
| Q2 24 | $61.0M | $38.4M |
| Q1 26 | — | 14.9% | ||
| Q4 25 | 72.3% | 59.7% | ||
| Q3 25 | 73.7% | 59.5% | ||
| Q2 25 | 74.2% | 59.8% | ||
| Q1 25 | 74.8% | 58.4% | ||
| Q4 24 | 75.2% | 55.5% | ||
| Q3 24 | 75.2% | 54.2% | ||
| Q2 24 | 75.7% | 52.0% |
| Q1 26 | — | 83.4% | ||
| Q4 25 | 9.9% | 19.9% | ||
| Q3 25 | 17.7% | 17.9% | ||
| Q2 25 | 13.6% | 16.8% | ||
| Q1 25 | 12.3% | 21.6% | ||
| Q4 24 | 17.6% | 16.9% | ||
| Q3 24 | 16.2% | 15.0% | ||
| Q2 24 | 6.3% | 11.8% |
| Q1 26 | — | 7.3% | ||
| Q4 25 | 8.2% | 13.2% | ||
| Q3 25 | 15.3% | 11.8% | ||
| Q2 25 | 12.7% | 10.6% | ||
| Q1 25 | 11.8% | 17.5% | ||
| Q4 24 | 16.8% | 10.8% | ||
| Q3 24 | 13.8% | 9.8% | ||
| Q2 24 | 7.4% | 11.4% |
| Q1 26 | — | — | ||
| Q4 25 | $0.31 | $0.95 | ||
| Q3 25 | $0.51 | $0.81 | ||
| Q2 25 | $0.41 | $0.70 | ||
| Q1 25 | $0.37 | $1.17 | ||
| Q4 24 | $0.53 | $0.74 | ||
| Q3 24 | $0.42 | $0.66 | ||
| Q2 24 | $0.20 | $0.74 |
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 | $245.4M |
| Total DebtLower is stronger | — | $1.2B |
| Stockholders' EquityBook value | $2.5B | $796.3M |
| Total Assets | $3.7B | $2.4B |
| Debt / EquityLower = less leverage | — | 1.53× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.4M | ||
| Q4 25 | $687.0M | $363.4M | ||
| Q3 25 | $1.7B | $296.4M | ||
| Q2 25 | $1.6B | $292.9M | ||
| Q1 25 | $1.6B | $306.8M | ||
| Q4 24 | $1.4B | $320.8M | ||
| Q3 24 | $1.3B | $299.3M | ||
| Q2 24 | $1.4B | $344.4M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $796.3M | ||
| Q4 25 | $2.5B | $911.5M | ||
| Q3 25 | $3.5B | $849.2M | ||
| Q2 25 | $3.3B | $882.3M | ||
| Q1 25 | $3.2B | $820.8M | ||
| Q4 24 | $3.1B | $906.9M | ||
| Q3 24 | $2.9B | $878.9M | ||
| Q2 24 | $3.0B | $905.4M |
| Q1 26 | — | $2.4B | ||
| Q4 25 | $3.7B | $2.5B | ||
| Q3 25 | $4.5B | $2.4B | ||
| Q2 25 | $4.4B | $2.5B | ||
| Q1 25 | $4.3B | $2.5B | ||
| Q4 24 | $4.1B | $2.5B | ||
| Q3 24 | $3.9B | $2.5B | ||
| Q2 24 | $4.0B | $2.5B |
| Q1 26 | — | 1.53× | ||
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 1.39× | ||
| Q1 25 | — | 1.49× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $293.2M |
| Free Cash FlowOCF − Capex | $171.0M | $209.9M |
| FCF MarginFCF / Revenue | 17.2% | 15.7% |
| Capex IntensityCapex / Revenue | 1.2% | 2.5% |
| Cash ConversionOCF / Net Profit | 2.26× | 3.01× |
| TTM Free Cash FlowTrailing 4 quarters | $910.0M | $417.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $293.2M | ||
| Q4 25 | $183.0M | $93.6M | ||
| Q3 25 | $287.0M | $111.3M | ||
| Q2 25 | $203.0M | $17.4M | ||
| Q1 25 | $298.0M | $116.6M | ||
| Q4 24 | $153.0M | $43.8M | ||
| Q3 24 | $185.0M | $48.8M | ||
| Q2 24 | $244.0M | $-27.4M |
| Q1 26 | — | $209.9M | ||
| Q4 25 | $171.0M | $87.2M | ||
| Q3 25 | $272.0M | $106.3M | ||
| Q2 25 | $187.0M | $13.6M | ||
| Q1 25 | $280.0M | $100.9M | ||
| Q4 24 | $141.0M | $35.2M | ||
| Q3 24 | $171.0M | $39.4M | ||
| Q2 24 | $220.0M | $-33.1M |
| Q1 26 | — | 15.7% | ||
| Q4 25 | 17.2% | 25.7% | ||
| Q3 25 | 29.0% | 32.5% | ||
| Q2 25 | 20.5% | 4.2% | ||
| Q1 25 | 31.2% | 30.5% | ||
| Q4 24 | 16.0% | 10.1% | ||
| Q3 24 | 20.1% | 11.4% | ||
| Q2 24 | 26.7% | -9.8% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 1.2% | 1.9% | ||
| Q3 25 | 1.6% | 1.5% | ||
| Q2 25 | 1.8% | 1.2% | ||
| Q1 25 | 2.0% | 4.7% | ||
| Q4 24 | 1.4% | 2.5% | ||
| Q3 24 | 1.6% | 2.7% | ||
| Q2 24 | 2.9% | 1.7% |
| Q1 26 | — | 3.01× | ||
| Q4 25 | 2.26× | 2.09× | ||
| Q3 25 | 1.99× | 2.88× | ||
| Q2 25 | 1.75× | 0.51× | ||
| Q1 25 | 2.81× | 2.01× | ||
| Q4 24 | 1.03× | 1.17× | ||
| Q3 24 | 1.57× | 1.44× | ||
| Q2 24 | 4.00× | -0.71× |
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% |
HAE
Segment breakdown not available.
