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Maplebear Inc.（CART）与Compass, Inc.（COMP）财务数据对比。点击上方公司名可切换其他公司
Compass, Inc.的季度营收约是Maplebear Inc.的1.7倍（$1.7B vs $992.0M），Maplebear Inc.净利率更高（8.2% vs -2.5%，领先10.7%），Compass, Inc.同比增速更快（23.1% vs 12.3%），Maplebear Inc.自由现金流更多（$171.0M vs $42.2M），过去两年Compass, Inc.的营收复合增速更高（27.0% vs 10.0%）
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。
Compass, Inc.是美国主营住宅房产经纪业务的企业，其平台旗下有约3.3万名经纪人，大多为独立合同工，运营Compass、21世纪不动产、科威国际不动产、苏富比国际地产、佳士得国际地产等多个知名房产经纪品牌。
CART vs COMP — 直观对比
营收规模更大
COMP
是对方的1.7倍
$992.0M
营收增速更快
COMP
高出10.8%
12.3%
净利率更高
CART
高出10.7%
-2.5%
自由现金流更多
CART
多$128.8M
$42.2M
两年增速更快
COMP
近两年复合增速
10.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $1.7B |
| 净利润 | $81.0M | $-42.6M |
| 毛利率 | 72.3% | — |
| 营业利润率 | 9.9% | -2.5% |
| 净利率 | 8.2% | -2.5% |
| 营收同比 | 12.3% | 23.1% |
| 净利润同比 | -45.3% | -5.2% |
| 每股收益（稀释后） | $0.31 | $-0.07 |
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CARTCOMP
| Q4 25 | $992.0M | $1.7B | ||
| Q3 25 | $939.0M | $1.8B | ||
| Q2 25 | $914.0M | $2.1B | ||
| Q1 25 | $897.0M | $1.4B | ||
| Q4 24 | $883.0M | $1.4B | ||
| Q3 24 | $852.0M | $1.5B | ||
| Q2 24 | $823.0M | $1.7B | ||
| Q1 24 | $820.0M | $1.1B |
净利润CARTCOMP
| Q4 25 | $81.0M | $-42.6M | ||
| Q3 25 | $144.0M | $-4.6M | ||
| Q2 25 | $116.0M | $39.4M | ||
| Q1 25 | $106.0M | $-50.7M | ||
| Q4 24 | $148.0M | $-40.5M | ||
| Q3 24 | $118.0M | $-1.7M | ||
| Q2 24 | $61.0M | $20.7M | ||
| Q1 24 | $130.0M | $-132.9M |
毛利率CARTCOMP
| 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% | — |
营业利润率CARTCOMP
| Q4 25 | 9.9% | -2.5% | ||
| Q3 25 | 17.7% | -0.4% | ||
| Q2 25 | 13.6% | 1.9% | ||
| Q1 25 | 12.3% | -4.0% | ||
| Q4 24 | 17.6% | -2.9% | ||
| Q3 24 | 16.2% | -0.2% | ||
| Q2 24 | 6.3% | 1.3% | ||
| Q1 24 | 17.6% | -12.5% |
净利率CARTCOMP
| Q4 25 | 8.2% | -2.5% | ||
| Q3 25 | 15.3% | -0.2% | ||
| Q2 25 | 12.7% | 1.9% | ||
| Q1 25 | 11.8% | -3.7% | ||
| Q4 24 | 16.8% | -2.9% | ||
| Q3 24 | 13.8% | -0.1% | ||
| Q2 24 | 7.4% | 1.2% | ||
| Q1 24 | 15.9% | -12.6% |
每股收益（稀释后）CARTCOMP
| Q4 25 | $0.31 | $-0.07 | ||
| Q3 25 | $0.51 | $-0.01 | ||
| Q2 25 | $0.41 | $0.07 | ||
| Q1 25 | $0.37 | $-0.09 | ||
| Q4 24 | $0.53 | $-0.08 | ||
| Q3 24 | $0.42 | $0.00 | ||
| Q2 24 | $0.20 | $0.04 | ||
| Q1 24 | $0.43 | $-0.27 |
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 | $199.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $782.0M |
| 总资产 | $3.7B | $1.5B |
| 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CARTCOMP
| Q4 25 | $687.0M | $199.0M | ||
| Q3 25 | $1.7B | $170.3M | ||
| Q2 25 | $1.6B | $177.3M | ||
| Q1 25 | $1.6B | $127.0M | ||
| Q4 24 | $1.4B | $223.8M | ||
| Q3 24 | $1.3B | $211.2M | ||
| Q2 24 | $1.4B | $185.8M | ||
| Q1 24 | $1.5B | $165.9M |
股东权益CARTCOMP
| Q4 25 | $2.5B | $782.0M | ||
| Q3 25 | $3.5B | $773.3M | ||
| Q2 25 | $3.3B | $719.9M | ||
| Q1 25 | $3.2B | $635.0M | ||
| Q4 24 | $3.1B | $409.4M | ||
| Q3 24 | $2.9B | $428.0M | ||
| Q2 24 | $3.0B | $398.4M | ||
| Q1 24 | $3.1B | $330.3M |
总资产CARTCOMP
| Q4 25 | $3.7B | $1.5B | ||
| Q3 25 | $4.5B | $1.6B | ||
| Q2 25 | $4.4B | $1.6B | ||
| Q1 25 | $4.3B | $1.5B | ||
| Q4 24 | $4.1B | $1.2B | ||
| Q3 24 | $3.9B | $1.2B | ||
| Q2 24 | $4.0B | $1.2B | ||
| Q1 24 | $4.1B | $1.1B |
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 | $45.3M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $42.2M |
| 自由现金流率自由现金流/营收 | 17.2% | 2.5% |
| 资本支出强度资本支出/营收 | 1.2% | 0.2% |
| 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 | $203.3M |
8季度趋势，按日历期对齐
经营现金流CARTCOMP
| Q4 25 | $183.0M | $45.3M | ||
| Q3 25 | $287.0M | $75.5M | ||
| Q2 25 | $203.0M | $72.8M | ||
| Q1 25 | $298.0M | $23.1M | ||
| Q4 24 | $153.0M | $30.5M | ||
| Q3 24 | $185.0M | $37.4M | ||
| Q2 24 | $244.0M | $45.0M | ||
| Q1 24 | $105.0M | $8.6M |
自由现金流CARTCOMP
| Q4 25 | $171.0M | $42.2M | ||
| Q3 25 | $272.0M | $73.6M | ||
| Q2 25 | $187.0M | $68.0M | ||
| Q1 25 | $280.0M | $19.5M | ||
| Q4 24 | $141.0M | $26.7M | ||
| Q3 24 | $171.0M | $32.8M | ||
| Q2 24 | $220.0M | $40.4M | ||
| Q1 24 | $91.0M | $5.9M |
自由现金流率CARTCOMP
| Q4 25 | 17.2% | 2.5% | ||
| Q3 25 | 29.0% | 4.0% | ||
| Q2 25 | 20.5% | 3.3% | ||
| Q1 25 | 31.2% | 1.4% | ||
| Q4 24 | 16.0% | 1.9% | ||
| Q3 24 | 20.1% | 2.2% | ||
| Q2 24 | 26.7% | 2.4% | ||
| Q1 24 | 11.1% | 0.6% |
资本支出强度CARTCOMP
| Q4 25 | 1.2% | 0.2% | ||
| Q3 25 | 1.6% | 0.1% | ||
| Q2 25 | 1.8% | 0.2% | ||
| Q1 25 | 2.0% | 0.3% | ||
| Q4 24 | 1.4% | 0.3% | ||
| Q3 24 | 1.6% | 0.3% | ||
| Q2 24 | 2.9% | 0.3% | ||
| Q1 24 | 1.7% | 0.3% |
现金转化率CARTCOMP
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.75× | 1.85× | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.57× | — | ||
| Q2 24 | 4.00× | 2.17× | ||
| Q1 24 | 0.81× | — |
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% |
COMP
暂无分部数据
