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Maplebear Inc.（CART）与Okta, Inc.（OKTA）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Okta, Inc.的1.3倍（$992.0M vs $742.0M），Maplebear Inc.净利率更高（8.2% vs 5.8%，领先2.4%），Maplebear Inc.同比增速更快（12.3% vs 11.6%），Okta, Inc.自由现金流更多（$214.0M vs $171.0M），过去两年Okta, Inc.的营收复合增速更高（10.7% 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。
Okta是总部位于美国旧金山的身份与访问管理服务商，成立于2009年，主打云软件产品，可助力企业管理和保障用户应用访问认证安全，同时支持开发者在应用、网站、网络服务及设备中嵌入身份管控功能，2017年上市时估值超60亿美元。
CART vs OKTA — 直观对比
营收规模更大
CART
是对方的1.3倍
$742.0M
营收增速更快
CART
高出0.8%
11.6%
净利率更高
CART
高出2.4%
5.8%
自由现金流更多
OKTA
多$43.0M
$171.0M
两年增速更快
OKTA
近两年复合增速
10.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $742.0M |
| 净利润 | $81.0M | $43.0M |
| 毛利率 | 72.3% | 77.1% |
| 营业利润率 | 9.9% | 3.1% |
| 净利率 | 8.2% | 5.8% |
| 营收同比 | 12.3% | 11.6% |
| 净利润同比 | -45.3% | 168.8% |
| 每股收益（稀释后） | $0.31 | $0.24 |
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CARTOKTA
| Q4 25 | $992.0M | $742.0M | ||
| Q3 25 | $939.0M | $728.0M | ||
| Q2 25 | $914.0M | $688.0M | ||
| Q1 25 | $897.0M | $682.0M | ||
| Q4 24 | $883.0M | $665.0M | ||
| Q3 24 | $852.0M | $646.0M | ||
| Q2 24 | $823.0M | $617.0M | ||
| Q1 24 | $820.0M | $605.0M |
净利润CARTOKTA
| Q4 25 | $81.0M | $43.0M | ||
| Q3 25 | $144.0M | $67.0M | ||
| Q2 25 | $116.0M | $62.0M | ||
| Q1 25 | $106.0M | $23.0M | ||
| Q4 24 | $148.0M | $16.0M | ||
| Q3 24 | $118.0M | $29.0M | ||
| Q2 24 | $61.0M | $-40.0M | ||
| Q1 24 | $130.0M | $-44.0M |
毛利率CARTOKTA
| Q4 25 | 72.3% | 77.1% | ||
| Q3 25 | 73.7% | 76.9% | ||
| Q2 25 | 74.2% | 77.5% | ||
| Q1 25 | 74.8% | 76.8% | ||
| Q4 24 | 75.2% | 76.4% | ||
| Q3 24 | 75.2% | 76.0% | ||
| Q2 24 | 75.7% | 76.0% | ||
| Q1 24 | 74.9% | 76.0% |
营业利润率CARTOKTA
| Q4 25 | 9.9% | 3.1% | ||
| Q3 25 | 17.7% | 5.6% | ||
| Q2 25 | 13.6% | 5.7% | ||
| Q1 25 | 12.3% | 1.2% | ||
| Q4 24 | 17.6% | -2.4% | ||
| Q3 24 | 16.2% | -2.9% | ||
| Q2 24 | 6.3% | -7.6% | ||
| Q1 24 | 17.6% | -13.7% |
净利率CARTOKTA
| Q4 25 | 8.2% | 5.8% | ||
| Q3 25 | 15.3% | 9.2% | ||
| Q2 25 | 12.7% | 9.0% | ||
| Q1 25 | 11.8% | 3.4% | ||
| Q4 24 | 16.8% | 2.4% | ||
| Q3 24 | 13.8% | 4.5% | ||
| Q2 24 | 7.4% | -6.5% | ||
| Q1 24 | 15.9% | -7.3% |
每股收益（稀释后）CARTOKTA
| Q4 25 | $0.31 | $0.24 | ||
| Q3 25 | $0.51 | $0.37 | ||
| Q2 25 | $0.41 | $0.35 | ||
| Q1 25 | $0.37 | $0.15 | ||
| Q4 24 | $0.53 | $0.00 | ||
| Q3 24 | $0.42 | $0.15 | ||
| Q2 24 | $0.20 | $-0.24 | ||
| Q1 24 | $0.43 | $-0.26 |
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 | $2.5B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $6.9B |
| 总资产 | $3.7B | $9.2B |
| 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CARTOKTA
| Q4 25 | $687.0M | $2.5B | ||
| Q3 25 | $1.7B | $2.9B | ||
| Q2 25 | $1.6B | $2.7B | ||
| Q1 25 | $1.6B | $2.5B | ||
| Q4 24 | $1.4B | $2.2B | ||
| Q3 24 | $1.3B | $2.4B | ||
| Q2 24 | $1.4B | $2.3B | ||
| Q1 24 | $1.5B | $2.2B |
股东权益CARTOKTA
| Q4 25 | $2.5B | $6.9B | ||
| Q3 25 | $3.5B | $6.8B | ||
| Q2 25 | $3.3B | $6.6B | ||
| Q1 25 | $3.2B | $6.4B | ||
| Q4 24 | $3.1B | $6.3B | ||
| Q3 24 | $2.9B | $6.1B | ||
| Q2 24 | $3.0B | $6.0B | ||
| Q1 24 | $3.1B | $5.9B |
总资产CARTOKTA
| Q4 25 | $3.7B | $9.2B | ||
| Q3 25 | $4.5B | $9.6B | ||
| Q2 25 | $4.4B | $9.4B | ||
| Q1 25 | $4.3B | $9.4B | ||
| Q4 24 | $4.1B | $9.0B | ||
| Q3 24 | $3.9B | $9.1B | ||
| Q2 24 | $4.0B | $9.0B | ||
| Q1 24 | $4.1B | $9.0B |
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 | $218.0M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $214.0M |
| 自由现金流率自由现金流/营收 | 17.2% | 28.8% |
| 资本支出强度资本支出/营收 | 1.2% | 0.5% |
| 现金转化率经营现金流/净利润 | 2.26× | 5.07× |
| 过去12个月自由现金流最近4个季度 | $910.0M | $904.0M |
8季度趋势，按日历期对齐
经营现金流CARTOKTA
| Q4 25 | $183.0M | $218.0M | ||
| Q3 25 | $287.0M | $167.0M | ||
| Q2 25 | $203.0M | $241.0M | ||
| Q1 25 | $298.0M | $286.0M | ||
| Q4 24 | $153.0M | $159.0M | ||
| Q3 24 | $185.0M | $86.0M | ||
| Q2 24 | $244.0M | $219.0M | ||
| Q1 24 | $105.0M | $174.0M |
自由现金流CARTOKTA
| Q4 25 | $171.0M | $214.0M | ||
| Q3 25 | $272.0M | $165.0M | ||
| Q2 25 | $187.0M | $240.0M | ||
| Q1 25 | $280.0M | $285.0M | ||
| Q4 24 | $141.0M | $158.0M | ||
| Q3 24 | $171.0M | $81.0M | ||
| Q2 24 | $220.0M | $218.0M | ||
| Q1 24 | $91.0M | $171.0M |
自由现金流率CARTOKTA
| Q4 25 | 17.2% | 28.8% | ||
| Q3 25 | 29.0% | 22.7% | ||
| Q2 25 | 20.5% | 34.9% | ||
| Q1 25 | 31.2% | 41.8% | ||
| Q4 24 | 16.0% | 23.8% | ||
| Q3 24 | 20.1% | 12.5% | ||
| Q2 24 | 26.7% | 35.3% | ||
| Q1 24 | 11.1% | 28.3% |
资本支出强度CARTOKTA
| Q4 25 | 1.2% | 0.5% | ||
| Q3 25 | 1.6% | 0.3% | ||
| Q2 25 | 1.8% | 0.1% | ||
| Q1 25 | 2.0% | 0.1% | ||
| Q4 24 | 1.4% | 0.2% | ||
| Q3 24 | 1.6% | 0.8% | ||
| Q2 24 | 2.9% | 0.2% | ||
| Q1 24 | 1.7% | 0.5% |
现金转化率CARTOKTA
| Q4 25 | 2.26× | 5.07× | ||
| Q3 25 | 1.99× | 2.49× | ||
| Q2 25 | 1.75× | 3.89× | ||
| Q1 25 | 2.81× | 12.43× | ||
| Q4 24 | 1.03× | 9.94× | ||
| Q3 24 | 1.57× | 2.97× | ||
| Q2 24 | 4.00× | — | ||
| 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% |
OKTA
| Subscription And Circulation | $724.0M | 98% |
| Technology Service | $18.0M | 2% |
