vs
Maplebear Inc.（CART）与Liberty Energy Inc.（LBRT）财务数据对比。点击上方公司名可切换其他公司
Liberty Energy Inc.的季度营收约是Maplebear Inc.的1.0倍（$1.0B vs $992.0M），Maplebear Inc.净利率更高（8.2% vs 2.2%，领先6.0%），Maplebear Inc.同比增速更快（12.3% vs 4.5%），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs -6.2%）
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。
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
CART vs LBRT — 直观对比
营收规模更大
LBRT
是对方的1.0倍
$992.0M
营收增速更快
CART
高出7.9%
4.5%
净利率更高
CART
高出6.0%
2.2%
两年增速更快
CART
近两年复合增速
-6.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $1.0B |
| 净利润 | $81.0M | $22.6M |
| 毛利率 | 72.3% | — |
| 营业利润率 | 9.9% | 2.2% |
| 净利率 | 8.2% | 2.2% |
| 营收同比 | 12.3% | 4.5% |
| 净利润同比 | -45.3% | 64.8% |
| 每股收益（稀释后） | $0.31 | $0.14 |
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CARTLBRT
| Q1 26 | — | $1.0B | ||
| Q4 25 | $992.0M | $1.0B | ||
| Q3 25 | $939.0M | $947.4M | ||
| Q2 25 | $914.0M | $1.0B | ||
| Q1 25 | $897.0M | $977.5M | ||
| Q4 24 | $883.0M | $943.6M | ||
| Q3 24 | $852.0M | $1.1B | ||
| Q2 24 | $823.0M | $1.2B |
净利润CARTLBRT
| Q1 26 | — | $22.6M | ||
| Q4 25 | $81.0M | $13.7M | ||
| Q3 25 | $144.0M | $43.1M | ||
| Q2 25 | $116.0M | $71.0M | ||
| Q1 25 | $106.0M | $20.1M | ||
| Q4 24 | $148.0M | $51.9M | ||
| Q3 24 | $118.0M | $73.8M | ||
| Q2 24 | $61.0M | $108.4M |
毛利率CARTLBRT
| Q1 26 | — | — | ||
| Q4 25 | 72.3% | 20.6% | ||
| Q3 25 | 73.7% | 18.7% | ||
| Q2 25 | 74.2% | 22.1% | ||
| Q1 25 | 74.8% | 22.1% | ||
| Q4 24 | 75.2% | 21.4% | ||
| Q3 24 | 75.2% | 26.2% | ||
| Q2 24 | 75.7% | 27.9% |
营业利润率CARTLBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | 9.9% | 1.9% | ||
| Q3 25 | 17.7% | -0.3% | ||
| Q2 25 | 13.6% | 3.6% | ||
| Q1 25 | 12.3% | 1.9% | ||
| Q4 24 | 17.6% | 2.6% | ||
| Q3 24 | 16.2% | 9.4% | ||
| Q2 24 | 6.3% | 12.2% |
净利率CARTLBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | 8.2% | 1.3% | ||
| Q3 25 | 15.3% | 4.5% | ||
| Q2 25 | 12.7% | 6.8% | ||
| Q1 25 | 11.8% | 2.1% | ||
| Q4 24 | 16.8% | 5.5% | ||
| Q3 24 | 13.8% | 6.5% | ||
| Q2 24 | 7.4% | 9.3% |
每股收益（稀释后）CARTLBRT
| Q1 26 | — | $0.14 | ||
| Q4 25 | $0.31 | $0.08 | ||
| Q3 25 | $0.51 | $0.26 | ||
| Q2 25 | $0.41 | $0.43 | ||
| Q1 25 | $0.37 | $0.12 | ||
| Q4 24 | $0.53 | $0.31 | ||
| Q3 24 | $0.42 | $0.44 | ||
| Q2 24 | $0.20 | $0.64 |
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 | $699.1M |
| 总债务越低越好 | — | $7.1M |
| 股东权益账面价值 | $2.5B | $1.9B |
| 总资产 | $3.7B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CARTLBRT
| Q1 26 | — | $699.1M | ||
| Q4 25 | $687.0M | $27.6M | ||
| Q3 25 | $1.7B | $13.5M | ||
| Q2 25 | $1.6B | $19.6M | ||
| Q1 25 | $1.6B | $24.1M | ||
| Q4 24 | $1.4B | $20.0M | ||
| Q3 24 | $1.3B | $23.0M | ||
| Q2 24 | $1.4B | $30.0M |
总债务CARTLBRT
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $246.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CARTLBRT
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.5B | $2.1B | ||
| Q3 25 | $3.5B | $2.1B | ||
| Q2 25 | $3.3B | $2.0B | ||
| Q1 25 | $3.2B | $2.0B | ||
| Q4 24 | $3.1B | $2.0B | ||
| Q3 24 | $2.9B | $2.0B | ||
| Q2 24 | $3.0B | $1.9B |
总资产CARTLBRT
| Q1 26 | — | $4.4B | ||
| Q4 25 | $3.7B | $3.6B | ||
| Q3 25 | $4.5B | $3.5B | ||
| Q2 25 | $4.4B | $3.4B | ||
| Q1 25 | $4.3B | $3.4B | ||
| Q4 24 | $4.1B | $3.3B | ||
| Q3 24 | $3.9B | $3.3B | ||
| Q2 24 | $4.0B | $3.2B |
负债/权益比CARTLBRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% | 13.1% |
| 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CARTLBRT
| Q1 26 | — | — | ||
| Q4 25 | $183.0M | $195.4M | ||
| Q3 25 | $287.0M | $51.5M | ||
| Q2 25 | $203.0M | $170.6M | ||
| Q1 25 | $298.0M | $192.1M | ||
| Q4 24 | $153.0M | $177.3M | ||
| Q3 24 | $185.0M | $244.5M | ||
| Q2 24 | $244.0M | $248.2M |
自由现金流CARTLBRT
| Q1 26 | — | — | ||
| Q4 25 | $171.0M | $-10.0M | ||
| Q3 25 | $272.0M | $-67.2M | ||
| Q2 25 | $187.0M | $33.1M | ||
| Q1 25 | $280.0M | $58.2M | ||
| Q4 24 | $141.0M | $-26.2M | ||
| Q3 24 | $171.0M | $77.9M | ||
| Q2 24 | $220.0M | $112.2M |
自由现金流率CARTLBRT
| Q1 26 | — | — | ||
| Q4 25 | 17.2% | -1.0% | ||
| Q3 25 | 29.0% | -7.1% | ||
| Q2 25 | 20.5% | 3.2% | ||
| Q1 25 | 31.2% | 6.0% | ||
| Q4 24 | 16.0% | -2.8% | ||
| Q3 24 | 20.1% | 6.8% | ||
| Q2 24 | 26.7% | 9.7% |
资本支出强度CARTLBRT
| Q1 26 | — | 13.1% | ||
| Q4 25 | 1.2% | 19.8% | ||
| Q3 25 | 1.6% | 12.5% | ||
| Q2 25 | 1.8% | 13.2% | ||
| Q1 25 | 2.0% | 13.7% | ||
| Q4 24 | 1.4% | 21.6% | ||
| Q3 24 | 1.6% | 14.6% | ||
| Q2 24 | 2.9% | 11.7% |
现金转化率CARTLBRT
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | 14.28× | ||
| Q3 25 | 1.99× | 1.20× | ||
| Q2 25 | 1.75× | 2.40× | ||
| Q1 25 | 2.81× | 9.55× | ||
| Q4 24 | 1.03× | 3.42× | ||
| Q3 24 | 1.57× | 3.31× | ||
| Q2 24 | 4.00× | 2.29× |
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% |
LBRT
暂无分部数据
