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Maplebear Inc.（CART）与Playtika Holding Corp.（PLTK）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Playtika Holding Corp.的1.3倍（$992.0M vs $744.7M），Maplebear Inc.净利率更高（8.2% vs -7.7%，领先15.9%），Maplebear Inc.同比增速更快（12.3% vs 5.5%），Maplebear Inc.自由现金流更多（$171.0M vs $2.6M），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs 9.0%）
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。
Playtika Holding Corp是一家专注于移动端游戏开发与发行的以色列数字娱乐企业，主打休闲社交类手游产品，在全球拥有庞大用户群体。截至2021年，该公司月活跃用户规模已经突破3500万，是行业内影响力突出的移动游戏厂商。
CART vs PLTK — 直观对比
营收规模更大
CART
是对方的1.3倍
$744.7M
营收增速更快
CART
高出6.9%
5.5%
净利率更高
CART
高出15.9%
-7.7%
自由现金流更多
CART
多$168.4M
$2.6M
两年增速更快
CART
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $744.7M |
| 净利润 | $81.0M | $-57.5M |
| 毛利率 | 72.3% | 74.2% |
| 营业利润率 | 9.9% | -6.7% |
| 净利率 | 8.2% | -7.7% |
| 营收同比 | 12.3% | 5.5% |
| 净利润同比 | -45.3% | -287.9% |
| 每股收益（稀释后） | $0.31 | $-0.15 |
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CARTPLTK
| Q1 26 | — | $744.7M | ||
| Q4 25 | $992.0M | $678.8M | ||
| Q3 25 | $939.0M | $674.6M | ||
| Q2 25 | $914.0M | $696.0M | ||
| Q1 25 | $897.0M | $706.0M | ||
| Q4 24 | $883.0M | $650.3M | ||
| Q3 24 | $852.0M | $620.8M | ||
| Q2 24 | $823.0M | $627.0M |
净利润CARTPLTK
| Q1 26 | — | $-57.5M | ||
| Q4 25 | $81.0M | $-309.3M | ||
| Q3 25 | $144.0M | $39.1M | ||
| Q2 25 | $116.0M | $33.2M | ||
| Q1 25 | $106.0M | $30.6M | ||
| Q4 24 | $148.0M | $-16.7M | ||
| Q3 24 | $118.0M | $39.3M | ||
| Q2 24 | $61.0M | $86.6M |
毛利率CARTPLTK
| Q1 26 | — | 74.2% | ||
| Q4 25 | 72.3% | 72.5% | ||
| Q3 25 | 73.7% | 73.6% | ||
| Q2 25 | 74.2% | 71.9% | ||
| Q1 25 | 74.8% | 72.0% | ||
| Q4 24 | 75.2% | 72.5% | ||
| Q3 24 | 75.2% | 72.9% | ||
| Q2 24 | 75.7% | 73.2% |
营业利润率CARTPLTK
| Q1 26 | — | -6.7% | ||
| Q4 25 | 9.9% | -41.4% | ||
| Q3 25 | 17.7% | 14.6% | ||
| Q2 25 | 13.6% | 15.8% | ||
| Q1 25 | 12.3% | 9.6% | ||
| Q4 24 | 17.6% | 8.5% | ||
| Q3 24 | 16.2% | 15.7% | ||
| Q2 24 | 6.3% | 22.4% |
净利率CARTPLTK
| Q1 26 | — | -7.7% | ||
| Q4 25 | 8.2% | -45.6% | ||
| Q3 25 | 15.3% | 5.8% | ||
| Q2 25 | 12.7% | 4.8% | ||
| Q1 25 | 11.8% | 4.3% | ||
| Q4 24 | 16.8% | -2.6% | ||
| Q3 24 | 13.8% | 6.3% | ||
| Q2 24 | 7.4% | 13.8% |
每股收益（稀释后）CARTPLTK
| Q1 26 | — | $-0.15 | ||
| Q4 25 | $0.31 | $-0.83 | ||
| Q3 25 | $0.51 | $0.11 | ||
| Q2 25 | $0.41 | $0.09 | ||
| Q1 25 | $0.37 | $0.08 | ||
| Q4 24 | $0.53 | $-0.04 | ||
| Q3 24 | $0.42 | $0.11 | ||
| Q2 24 | $0.20 | $0.23 |
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 | $779.2M |
| 总债务越低越好 | — | $2.4B |
| 股东权益账面价值 | $2.5B | — |
| 总资产 | $3.7B | $3.7B |
| 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CARTPLTK
| Q1 26 | — | $779.2M | ||
| Q4 25 | $687.0M | $684.2M | ||
| Q3 25 | $1.7B | $587.9M | ||
| Q2 25 | $1.6B | $500.9M | ||
| Q1 25 | $1.6B | $434.8M | ||
| Q4 24 | $1.4B | $565.8M | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.4B | $710.3M |
总债务CARTPLTK
| Q1 26 | — | $2.4B | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
股东权益CARTPLTK
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $-411.4M | ||
| Q3 25 | $3.5B | $-74.8M | ||
| Q2 25 | $3.3B | $-87.8M | ||
| Q1 25 | $3.2B | $-117.2M | ||
| Q4 24 | $3.1B | $-131.1M | ||
| Q3 24 | $2.9B | $-98.0M | ||
| Q2 24 | $3.0B | $-112.9M |
总资产CARTPLTK
| Q1 26 | — | $3.7B | ||
| Q4 25 | $3.7B | $3.7B | ||
| Q3 25 | $4.5B | $3.7B | ||
| Q2 25 | $4.4B | $3.6B | ||
| Q1 25 | $4.3B | $3.6B | ||
| Q4 24 | $4.1B | $3.6B | ||
| Q3 24 | $3.9B | $3.2B | ||
| Q2 24 | $4.0B | $3.2B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $2.6M |
| 自由现金流率自由现金流/营收 | 17.2% | 0.3% |
| 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 | $525.6M |
8季度趋势，按日历期对齐
经营现金流CARTPLTK
| Q1 26 | — | — | ||
| Q4 25 | $183.0M | $285.9M | ||
| Q3 25 | $287.0M | $116.9M | ||
| Q2 25 | $203.0M | $146.1M | ||
| Q1 25 | $298.0M | $18.8M | ||
| Q4 24 | $153.0M | $153.1M | ||
| Q3 24 | $185.0M | $156.9M | ||
| Q2 24 | $244.0M | $150.5M |
自由现金流CARTPLTK
| Q1 26 | — | $2.6M | ||
| Q4 25 | $171.0M | $275.2M | ||
| Q3 25 | $272.0M | $106.5M | ||
| Q2 25 | $187.0M | $141.3M | ||
| Q1 25 | $280.0M | $8.4M | ||
| Q4 24 | $141.0M | $140.3M | ||
| Q3 24 | $171.0M | $152.1M | ||
| Q2 24 | $220.0M | $141.2M |
自由现金流率CARTPLTK
| Q1 26 | — | 0.3% | ||
| Q4 25 | 17.2% | 40.5% | ||
| Q3 25 | 29.0% | 15.8% | ||
| Q2 25 | 20.5% | 20.3% | ||
| Q1 25 | 31.2% | 1.2% | ||
| Q4 24 | 16.0% | 21.6% | ||
| Q3 24 | 20.1% | 24.5% | ||
| Q2 24 | 26.7% | 22.5% |
资本支出强度CARTPLTK
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | 1.6% | ||
| Q3 25 | 1.6% | 1.5% | ||
| Q2 25 | 1.8% | 0.7% | ||
| Q1 25 | 2.0% | 1.5% | ||
| Q4 24 | 1.4% | 2.0% | ||
| Q3 24 | 1.6% | 0.8% | ||
| Q2 24 | 2.9% | 1.5% |
现金转化率CARTPLTK
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.99× | 2.99× | ||
| Q2 25 | 1.75× | 4.40× | ||
| Q1 25 | 2.81× | 0.61× | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.57× | 3.99× | ||
| Q2 24 | 4.00× | 1.74× |
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% |
PLTK
暂无分部数据
