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Maplebear Inc.（CART）与CRACKER BARREL OLD COUNTRY STORE, INC（CBRL）财务数据对比。点击上方公司名可切换其他公司
Maplebear Inc.的季度营收约是CRACKER BARREL OLD COUNTRY STORE, INC的1.2倍（$992.0M vs $797.2M），Maplebear Inc.净利率更高（8.2% vs -3.1%，领先11.3%），Maplebear Inc.同比增速更快（12.3% vs -10.9%），Maplebear Inc.自由现金流更多（$171.0M vs $-88.9M），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs -2.4%）
Maplebear Inc. 以Instacart为品牌开展业务，是总部位于美国旧金山的零售媒体及配送企业，在美国和加拿大运营生鲜杂货配送与自提服务。用户可通过官网及移动应用从合作商户订购食品杂货，在法律允许的地区还可选购酒类商品，所有订单由专属采购专员负责拣选、打包并配送上门。
Cracker Barrel是源自美国南方乡村风格的连锁餐厅与礼品店品牌，1969年由丹·埃文斯与汤米·洛创立，总部位于田纳西州黎巴嫩。品牌最初门店多开设在美国东南部和中西部的高速公路出口附近，于上世纪90年代至21世纪初逐步扩张至全美各地。
CART vs CBRL — 直观对比
营收规模更大
CART
是对方的1.2倍
$797.2M
营收增速更快
CART
高出23.2%
-10.9%
净利率更高
CART
高出11.3%
-3.1%
自由现金流更多
CART
多$259.9M
$-88.9M
两年增速更快
CART
近两年复合增速
-2.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $797.2M |
| 净利润 | $81.0M | $-24.6M |
| 毛利率 | 72.3% | 68.8% |
| 营业利润率 | 9.9% | -4.1% |
| 净利率 | 8.2% | -3.1% |
| 营收同比 | 12.3% | -10.9% |
| 净利润同比 | -45.3% | -235.7% |
| 每股收益（稀释后） | $0.31 | $-1.10 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CARTCBRL
| Q4 25 | $992.0M | $797.2M | ||
| Q3 25 | $939.0M | — | ||
| Q2 25 | $914.0M | $821.1M | ||
| Q1 25 | $897.0M | $949.4M | ||
| Q4 24 | $883.0M | — | ||
| Q3 24 | $852.0M | $894.4M | ||
| Q2 24 | $823.0M | $817.1M | ||
| Q1 24 | $820.0M | $935.4M |
净利润CARTCBRL
| Q4 25 | $81.0M | $-24.6M | ||
| Q3 25 | $144.0M | — | ||
| Q2 25 | $116.0M | $12.6M | ||
| Q1 25 | $106.0M | $22.2M | ||
| Q4 24 | $148.0M | — | ||
| Q3 24 | $118.0M | $18.1M | ||
| Q2 24 | $61.0M | $-9.2M | ||
| Q1 24 | $130.0M | $26.5M |
毛利率CARTCBRL
| Q4 25 | 72.3% | 68.8% | ||
| Q3 25 | 73.7% | — | ||
| Q2 25 | 74.2% | 69.9% | ||
| Q1 25 | 74.8% | 67.4% | ||
| Q4 24 | 75.2% | — | ||
| Q3 24 | 75.2% | 69.6% | ||
| Q2 24 | 75.7% | 70.0% | ||
| Q1 24 | 74.9% | 66.3% |
营业利润率CARTCBRL
| Q4 25 | 9.9% | -4.1% | ||
| Q3 25 | 17.7% | — | ||
| Q2 25 | 13.6% | 1.8% | ||
| Q1 25 | 12.3% | 3.1% | ||
| Q4 24 | 17.6% | — | ||
| Q3 24 | 16.2% | 2.5% | ||
| Q2 24 | 6.3% | -2.4% | ||
| Q1 24 | 17.6% | 3.3% |
净利率CARTCBRL
| Q4 25 | 8.2% | -3.1% | ||
| Q3 25 | 15.3% | — | ||
| Q2 25 | 12.7% | 1.5% | ||
| Q1 25 | 11.8% | 2.3% | ||
| Q4 24 | 16.8% | — | ||
| Q3 24 | 13.8% | 2.0% | ||
| Q2 24 | 7.4% | -1.1% | ||
| Q1 24 | 15.9% | 2.8% |
每股收益（稀释后）CARTCBRL
| Q4 25 | $0.31 | $-1.10 | ||
| Q3 25 | $0.51 | — | ||
| Q2 25 | $0.41 | $0.56 | ||
| Q1 25 | $0.37 | $0.99 | ||
| Q4 24 | $0.53 | — | ||
| Q3 24 | $0.42 | $0.80 | ||
| Q2 24 | $0.20 | $-0.41 | ||
| Q1 24 | $0.43 | $1.19 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $687.0M | $8.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $428.8M |
| 总资产 | $3.7B | $2.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CARTCBRL
| Q4 25 | $687.0M | $8.9M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.6B | $9.8M | ||
| Q1 25 | $1.6B | $10.3M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | $12.0M | ||
| Q2 24 | $1.4B | $11.9M | ||
| Q1 24 | $1.5B | $12.6M |
股东权益CARTCBRL
| Q4 25 | $2.5B | $428.8M | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.3B | $469.3M | ||
| Q1 25 | $3.2B | $460.9M | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $2.9B | $440.1M | ||
| Q2 24 | $3.0B | $426.6M | ||
| Q1 24 | $3.1B | $462.0M |
总资产CARTCBRL
| Q4 25 | $3.7B | $2.2B | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.4B | $2.1B | ||
| Q1 25 | $4.3B | $2.1B | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $3.9B | $2.2B | ||
| Q2 24 | $4.0B | $2.2B | ||
| Q1 24 | $4.1B | $2.2B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $183.0M | $-53.4M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $-88.9M |
| 自由现金流率自由现金流/营收 | 17.2% | -11.2% |
| 资本支出强度资本支出/营收 | 1.2% | 4.5% |
| 现金转化率经营现金流/净利润 | 2.26× | — |
| 过去12个月自由现金流最近4个季度 | $910.0M | — |
8季度趋势，按日历期对齐
经营现金流CARTCBRL
| Q4 25 | $183.0M | $-53.4M | ||
| Q3 25 | $287.0M | — | ||
| Q2 25 | $203.0M | $23.0M | ||
| Q1 25 | $298.0M | — | ||
| Q4 24 | $153.0M | — | ||
| Q3 24 | $185.0M | $69.5M | ||
| Q2 24 | $244.0M | $37.6M | ||
| Q1 24 | $105.0M | $77.7M |
自由现金流CARTCBRL
| Q4 25 | $171.0M | $-88.9M | ||
| Q3 25 | $272.0M | — | ||
| Q2 25 | $187.0M | $-13.6M | ||
| Q1 25 | $280.0M | — | ||
| Q4 24 | $141.0M | — | ||
| Q3 24 | $171.0M | $22.1M | ||
| Q2 24 | $220.0M | $8.2M | ||
| Q1 24 | $91.0M | $50.9M |
自由现金流率CARTCBRL
| Q4 25 | 17.2% | -11.2% | ||
| Q3 25 | 29.0% | — | ||
| Q2 25 | 20.5% | -1.7% | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 16.0% | — | ||
| Q3 24 | 20.1% | 2.5% | ||
| Q2 24 | 26.7% | 1.0% | ||
| Q1 24 | 11.1% | 5.4% |
资本支出强度CARTCBRL
| Q4 25 | 1.2% | 4.5% | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.8% | 4.5% | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.6% | 5.3% | ||
| Q2 24 | 2.9% | 3.6% | ||
| Q1 24 | 1.7% | 2.9% |
现金转化率CARTCBRL
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.75× | 1.83× | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.57× | 3.83× | ||
| Q2 24 | 4.00× | — | ||
| Q1 24 | 0.81× | 2.93× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CART
| Transaction | $698.0M | 70% |
| Advertising And Other | $294.0M | 30% |
CBRL
| Restaurant | $650.6M | 82% |
| Retail | $146.6M | 18% |
