vs
Side-by-side financial comparison of Maplebear Inc. (CART) and Kimco Realty (KIM). Click either name above to swap in a different company.
Maplebear Inc. is the larger business by last-quarter revenue ($992.0M vs $542.5M, roughly 1.8× Kimco Realty). Kimco Realty runs the higher net margin — 27.9% vs 8.2%, a 19.7% gap on every dollar of revenue. On growth, Maplebear Inc. posted the faster year-over-year revenue change (12.3% vs 3.2%). Over the past eight quarters, Maplebear Inc.'s revenue compounded faster (10.0% CAGR vs 3.8%).
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.
Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.
CART vs KIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $992.0M | $542.5M |
| Net Profit | $81.0M | $151.2M |
| Gross Margin | 72.3% | — |
| Operating Margin | 9.9% | 36.4% |
| Net Margin | 8.2% | 27.9% |
| Revenue YoY | 12.3% | 3.2% |
| Net Profit YoY | -45.3% | -9.0% |
| 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.
| Q4 25 | $992.0M | $542.5M | ||
| Q3 25 | $939.0M | $535.9M | ||
| Q2 25 | $914.0M | $525.2M | ||
| Q1 25 | $897.0M | $536.6M | ||
| Q4 24 | $883.0M | $525.4M | ||
| Q3 24 | $852.0M | $507.6M | ||
| Q2 24 | $823.0M | $500.2M | ||
| Q1 24 | $820.0M | $503.8M |
| Q4 25 | $81.0M | $151.2M | ||
| Q3 25 | $144.0M | $137.8M | ||
| Q2 25 | $116.0M | $163.0M | ||
| Q1 25 | $106.0M | $132.8M | ||
| Q4 24 | $148.0M | $166.0M | ||
| Q3 24 | $118.0M | $136.0M | ||
| Q2 24 | $61.0M | $119.7M | ||
| Q1 24 | $130.0M | $-11.0M |
| 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 24 | 74.9% | — |
| Q4 25 | 9.9% | 36.4% | ||
| Q3 25 | 17.7% | 34.9% | ||
| Q2 25 | 13.6% | 39.2% | ||
| Q1 25 | 12.3% | 33.6% | ||
| Q4 24 | 17.6% | 31.7% | ||
| Q3 24 | 16.2% | 33.7% | ||
| Q2 24 | 6.3% | 32.1% | ||
| Q1 24 | 17.6% | 25.9% |
| Q4 25 | 8.2% | 27.9% | ||
| Q3 25 | 15.3% | 25.7% | ||
| Q2 25 | 12.7% | 31.0% | ||
| Q1 25 | 11.8% | 24.8% | ||
| Q4 24 | 16.8% | 31.6% | ||
| Q3 24 | 13.8% | 26.8% | ||
| Q2 24 | 7.4% | 23.9% | ||
| Q1 24 | 15.9% | -2.2% |
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.51 | — | ||
| Q2 25 | $0.41 | — | ||
| Q1 25 | $0.37 | — | ||
| Q4 24 | $0.53 | — | ||
| Q3 24 | $0.42 | — | ||
| Q2 24 | $0.20 | — | ||
| Q1 24 | $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 | $687.0M | $211.6M |
| Total DebtLower is stronger | — | $7.7B |
| Stockholders' EquityBook value | $2.5B | $10.4B |
| Total Assets | $3.7B | $19.7B |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $687.0M | $211.6M | ||
| Q3 25 | $1.7B | $159.3M | ||
| Q2 25 | $1.6B | $226.6M | ||
| Q1 25 | $1.6B | $131.3M | ||
| Q4 24 | $1.4B | $688.6M | ||
| Q3 24 | $1.3B | $789.0M | ||
| Q2 24 | $1.4B | $126.4M | ||
| Q1 24 | $1.5B | $133.4M |
| Q4 25 | — | $7.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $8.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.5B | $10.4B | ||
| Q3 25 | $3.5B | $10.5B | ||
| Q2 25 | $3.3B | $10.5B | ||
| Q1 25 | $3.2B | $10.6B | ||
| Q4 24 | $3.1B | $10.7B | ||
| Q3 24 | $2.9B | $10.5B | ||
| Q2 24 | $3.0B | $10.6B | ||
| Q1 24 | $3.1B | $10.6B |
| Q4 25 | $3.7B | $19.7B | ||
| Q3 25 | $4.5B | $19.9B | ||
| Q2 25 | $4.4B | $19.8B | ||
| Q1 25 | $4.3B | $19.7B | ||
| Q4 24 | $4.1B | $20.3B | ||
| Q3 24 | $3.9B | $20.1B | ||
| Q2 24 | $4.0B | $19.5B | ||
| Q1 24 | $4.1B | $19.5B |
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.75× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $183.0M | $258.4M |
| Free Cash FlowOCF − Capex | $171.0M | — |
| FCF MarginFCF / Revenue | 17.2% | — |
| Capex IntensityCapex / Revenue | 1.2% | 0.0% |
| Cash ConversionOCF / Net Profit | 2.26× | 1.71× |
| TTM Free Cash FlowTrailing 4 quarters | $910.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.0M | $258.4M | ||
| Q3 25 | $287.0M | $332.4M | ||
| Q2 25 | $203.0M | $305.4M | ||
| Q1 25 | $298.0M | $223.8M | ||
| Q4 24 | $153.0M | $239.5M | ||
| Q3 24 | $185.0M | $295.9M | ||
| Q2 24 | $244.0M | $294.1M | ||
| Q1 24 | $105.0M | $176.1M |
| Q4 25 | $171.0M | — | ||
| Q3 25 | $272.0M | — | ||
| Q2 25 | $187.0M | — | ||
| Q1 25 | $280.0M | $205.4M | ||
| Q4 24 | $141.0M | — | ||
| Q3 24 | $171.0M | — | ||
| Q2 24 | $220.0M | — | ||
| Q1 24 | $91.0M | — |
| Q4 25 | 17.2% | — | ||
| Q3 25 | 29.0% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 31.2% | 38.3% | ||
| Q4 24 | 16.0% | — | ||
| Q3 24 | 20.1% | — | ||
| Q2 24 | 26.7% | — | ||
| Q1 24 | 11.1% | — |
| Q4 25 | 1.2% | 0.0% | ||
| Q3 25 | 1.6% | 0.0% | ||
| Q2 25 | 1.8% | 0.0% | ||
| Q1 25 | 2.0% | 3.4% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 1.7% | — |
| Q4 25 | 2.26× | 1.71× | ||
| Q3 25 | 1.99× | 2.41× | ||
| Q2 25 | 1.75× | 1.87× | ||
| Q1 25 | 2.81× | 1.69× | ||
| Q4 24 | 1.03× | 1.44× | ||
| Q3 24 | 1.57× | 2.18× | ||
| Q2 24 | 4.00× | 2.46× | ||
| Q1 24 | 0.81× | — |
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% |
KIM
Segment breakdown not available.
