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Maplebear Inc.（CART）与Gen Digital（GEN）财务数据对比。点击上方公司名可切换其他公司
Gen Digital的季度营收约是Maplebear Inc.的1.3倍（$1.2B vs $992.0M），Gen Digital净利率更高（15.5% vs 8.2%，领先7.3%），Gen Digital同比增速更快（28.5% vs 12.3%），过去两年Gen Digital的营收复合增速更高（13.2% 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。
Gen Digital是一家跨国软件企业，双总部分别设于美国亚利桑那州坦佩和欧盟捷克布拉格，是财富500强企业及标普500指数成分股，同时在纳斯达克与布拉格证券交易所挂牌上市。公司主营网络安全软件、金融科技及相关服务，旗下拥有诺顿、Avast、LifeLock、AVG、CCleaner等多个知名品牌。
CART vs GEN — 直观对比
营收规模更大
GEN
是对方的1.3倍
$992.0M
营收增速更快
GEN
高出16.2%
12.3%
净利率更高
GEN
高出7.3%
8.2%
两年增速更快
GEN
近两年复合增速
10.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $1.2B |
| 净利润 | $81.0M | $192.0M |
| 毛利率 | 72.3% | 78.4% |
| 营业利润率 | 9.9% | 34.9% |
| 净利率 | 8.2% | 15.5% |
| 营收同比 | 12.3% | 28.5% |
| 净利润同比 | -45.3% | 6.1% |
| 每股收益（稀释后） | $0.31 | $0.31 |
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CARTGEN
| Q1 26 | — | $1.2B | ||
| Q4 25 | $992.0M | $1.2B | ||
| Q3 25 | $939.0M | $1.3B | ||
| Q2 25 | $914.0M | — | ||
| Q1 25 | $897.0M | $1.0B | ||
| Q4 24 | $883.0M | $986.0M | ||
| Q3 24 | $852.0M | $974.0M | ||
| Q2 24 | $823.0M | $965.0M |
净利润CARTGEN
| Q1 26 | — | $192.0M | ||
| Q4 25 | $81.0M | $134.0M | ||
| Q3 25 | $144.0M | $135.0M | ||
| Q2 25 | $116.0M | — | ||
| Q1 25 | $106.0M | $142.0M | ||
| Q4 24 | $148.0M | $159.0M | ||
| Q3 24 | $118.0M | $161.0M | ||
| Q2 24 | $61.0M | $181.0M |
毛利率CARTGEN
| Q1 26 | — | 78.4% | ||
| Q4 25 | 72.3% | 78.2% | ||
| Q3 25 | 73.7% | 78.8% | ||
| Q2 25 | 74.2% | — | ||
| Q1 25 | 74.8% | 80.3% | ||
| Q4 24 | 75.2% | 80.4% | ||
| Q3 24 | 75.2% | 80.1% | ||
| Q2 24 | 75.7% | 80.3% |
营业利润率CARTGEN
| Q1 26 | — | 34.9% | ||
| Q4 25 | 9.9% | 35.9% | ||
| Q3 25 | 17.7% | 35.5% | ||
| Q2 25 | 13.6% | — | ||
| Q1 25 | 12.3% | 41.3% | ||
| Q4 24 | 17.6% | 37.9% | ||
| Q3 24 | 16.2% | 41.3% | ||
| Q2 24 | 6.3% | 43.2% |
净利率CARTGEN
| Q1 26 | — | 15.5% | ||
| Q4 25 | 8.2% | 11.0% | ||
| Q3 25 | 15.3% | 10.7% | ||
| Q2 25 | 12.7% | — | ||
| Q1 25 | 11.8% | 14.1% | ||
| Q4 24 | 16.8% | 16.1% | ||
| Q3 24 | 13.8% | 16.5% | ||
| Q2 24 | 7.4% | 18.8% |
每股收益（稀释后）CARTGEN
| Q1 26 | — | $0.31 | ||
| Q4 25 | $0.31 | $0.21 | ||
| Q3 25 | $0.51 | $0.22 | ||
| Q2 25 | $0.41 | — | ||
| Q1 25 | $0.37 | $0.22 | ||
| Q4 24 | $0.53 | $0.26 | ||
| Q3 24 | $0.42 | $0.26 | ||
| Q2 24 | $0.20 | $0.29 |
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 | — |
| 总债务越低越好 | — | $8.4B |
| 股东权益账面价值 | $2.5B | $2.3B |
| 总资产 | $3.7B | $15.8B |
| 负债/权益比越低杠杆越低 | — | 3.61× |
8季度趋势，按日历期对齐
现金及短期投资CARTGEN
| Q1 26 | — | — | ||
| Q4 25 | $687.0M | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.4B | $883.0M | ||
| Q3 24 | $1.3B | $737.0M | ||
| Q2 24 | $1.4B | $644.0M |
总债务CARTGEN
| Q1 26 | — | $8.4B | ||
| Q4 25 | — | $8.7B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | — | $8.5B | ||
| Q3 24 | — | $8.5B | ||
| Q2 24 | — | $8.5B |
股东权益CARTGEN
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.5B | $2.5B | ||
| Q3 25 | $3.5B | $2.4B | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.2B | $2.3B | ||
| Q4 24 | $3.1B | $2.2B | ||
| Q3 24 | $2.9B | $2.1B | ||
| Q2 24 | $3.0B | $2.0B |
总资产CARTGEN
| Q1 26 | — | $15.8B | ||
| Q4 25 | $3.7B | $16.1B | ||
| Q3 25 | $4.5B | $16.4B | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.3B | $15.5B | ||
| Q4 24 | $4.1B | $15.4B | ||
| Q3 24 | $3.9B | $15.5B | ||
| Q2 24 | $4.0B | $15.4B |
负债/权益比CARTGEN
| Q1 26 | — | 3.61× | ||
| Q4 25 | — | 3.54× | ||
| Q3 25 | — | 3.75× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.64× | ||
| Q4 24 | — | 3.94× | ||
| Q3 24 | — | 4.06× | ||
| Q2 24 | — | 4.33× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $171.0M | — |
| 自由现金流率自由现金流/营收 | 17.2% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CARTGEN
| Q1 26 | — | — | ||
| Q4 25 | $183.0M | $541.0M | ||
| Q3 25 | $287.0M | $409.0M | ||
| Q2 25 | $203.0M | — | ||
| Q1 25 | $298.0M | $473.0M | ||
| Q4 24 | $153.0M | $326.0M | ||
| Q3 24 | $185.0M | $158.0M | ||
| Q2 24 | $244.0M | $264.0M |
自由现金流CARTGEN
| Q1 26 | — | — | ||
| Q4 25 | $171.0M | $535.0M | ||
| Q3 25 | $272.0M | $405.0M | ||
| Q2 25 | $187.0M | — | ||
| Q1 25 | $280.0M | $470.0M | ||
| Q4 24 | $141.0M | $318.0M | ||
| Q3 24 | $171.0M | $156.0M | ||
| Q2 24 | $220.0M | $262.0M |
自由现金流率CARTGEN
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | 43.9% | ||
| Q3 25 | 29.0% | 32.2% | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 31.2% | 46.5% | ||
| Q4 24 | 16.0% | 32.3% | ||
| Q3 24 | 20.1% | 16.0% | ||
| Q2 24 | 26.7% | 27.2% |
资本支出强度CARTGEN
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 0.5% | ||
| Q3 25 | 1.6% | 0.3% | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 2.0% | 0.3% | ||
| Q4 24 | 1.4% | 0.8% | ||
| Q3 24 | 1.6% | 0.2% | ||
| Q2 24 | 2.9% | 0.2% |
现金转化率CARTGEN
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | 4.04× | ||
| Q3 25 | 1.99× | 3.03× | ||
| Q2 25 | 1.75× | — | ||
| Q1 25 | 2.81× | 3.33× | ||
| Q4 24 | 1.03× | 2.05× | ||
| Q3 24 | 1.57× | 0.98× | ||
| Q2 24 | 4.00× | 1.46× |
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% |
GEN
| Cyber Safety Platform | $819.0M | 66% |
| Trust Based Solutions | $421.0M | 34% |
| Net Interest Income On Notes Receivable | $4.0M | 0% |
