Maplebear Inc.

Listed Company

CARTCIK 0001579091NasdaqLarge AcceleratedServices-Business Services, NecDelawareFY ends Dec 31

Period

FY 2025

Revenue

$3.74B

Net Income

$447.00M

Total Assets

$3.69B

Equity

$2.52B

Shares Out

235.03M

Op. Cash Flow

$971.00M

CART$45.80−5.27% · past yearDBEQ Basic

Daily closing prices

Business

Maplebear Inc., doing business as Instacart, is a technology and enablement platform serving the grocery ecosystem. It operates Instacart Marketplace (connecting customers to retailers for delivery and pickup), Instacart Enterprise platform (end-to-end e-commerce, fulfillment, Connected Stores, ads, and insights solutions for retailers), and Instacart Ads (performance advertising for brands). The company serves a substantial majority of North American retail grocery banners and works with a large base of shoppers and active brands.

Summary from 10-K filed 2026-02-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	3,742	3,378	3,042	2,551	1,834
Cost of revenue	984	836	764	720	608
Gross profit	2,758	2,542	2,278	1,831	1,226
Operations and support	274	278	344	252	262
Research and development	650	604	2,312	518	368
Sales and marketing	854	808	961	660	394
General and administrative	482	363	803	339	288
Total operating expenses	2,259	2,053	4,420	1,769	1,312
Income (loss) from operations	498	489	−2,142	62	−86
Other income (expense), net	1	−3	0	−8	12
Interest income	57	66	81	17	2
Income (loss) before provision for (benefit from) income taxes	556	552	−2,061	71	−72
Provision for (benefit from) income taxes	109	95	−439	−357	1
Net income (loss)	447	457	−1,622	428	−73
Accretion related to Series A redeemable convertible preferred stock	−9	−9	−2	0	—
Net income (loss) attributable to common stockholders, basic	438	448	−1,624	77	−73
Accretion related to Series A redeemable convertible preferred stock	9	9	0	0	—
Net income (loss) attributable to common stockholders, diluted	447	457	−1,624	97	−73
Basic (in dollars per share)	1.68	1.69	−12.43	1.08	−1.12
Diluted (in dollars per share)	1.6	1.58	−12.43	0.96	−1.12
Basic (in shares)	261	265	131	72	66
Diluted (in shares)	280	289	131	101	66

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	637	1,278	2,137	1,505	1,146
Short-term marketable securities	50	91	49	209	—
Accounts receivable, net of allowance of $4 and $3, respectively	1,127	1,014	853	842	—
Restricted cash and cash equivalents, current	172	152	137	75	1
Prepaid expenses and other current assets	213	162	129	109	—
Total current assets	2,199	2,697	3,305	2,740	—
Long-term marketable securities	81	0	0	28	—
Restricted cash and cash equivalents, noncurrent	18	19	19	19	18
Property and equipment, net	218	200	135	38	—
Operating lease right-of-use assets	30	21	31	41	—
Intangible assets, net	71	52	77	103	—
Goodwill	393	317	318	317	263
Deferred tax assets, net	664	771	830	371	—
Other assets	14	38	12	12	—
Total assets	3,687	4,115	4,727	3,669	—
Accounts payable	70	80	72	88	—
Accrued and other current liabilities	634	505	451	515	—
Operating lease liabilities, current	3	13	13	13	—
Deferred revenue	211	200	197	179	—
Total current liabilities	917	798	733	795	—
Operating lease liabilities, noncurrent	33	13	27	36	—
Other long-term liabilities	24	25	40	80	—
Total liabilities	974	836	800	911	—
Commitments and contingencies (Note 10)	—	—	—	—	—
Preferred stock, $0.0001 par value per share; 24,167 shares authorized as of December 31, 2024 and 2025; zero shares issued and outstanding as of December 31, 2024 and 2025	0	0	0	0	—
Common stock, $0.0001 par value per share; $2,000,000 shares authorized as of December 31, 2024 and 2025; 260,964 and $242,867 shares issued and outstanding as of December 31, 2024 and 2025, respectively	0	0	0	0	—
Additional paid-in capital	7,005	6,687	6,382	918	—
Accumulated other comprehensive loss	−1	−9	3	−5	—
Accumulated deficit	−4,486	−3,585	−2,635	−977	—
Total stockholders equity	2,518	3,093	3,750	−64	−573
Total liabilities, redeemable convertible preferred stock, and stockholders equity	3,687	4,115	4,727	3,669	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization expense	91	56	43	34	16
Stock-based compensation expense	352	300	2,756	33	22
Impairments of long-lived assets and other assets	24	0	0	—	—
Provision for bad debts	15	19	23	10	7
Amortization of operating lease right-of-use assets	8	11	14	13	11
Deferred income taxes	98	59	−459	−373	−2
Other	−2	4	−4	8	2
Accounts receivable	−121	−185	−33	−21	−318
Prepaid expenses and other assets	−30	−58	−22	−31	−60
Accounts payable	−11	8	−16	25	36
Accrued and other current liabilities	100	42	−62	141	102
Deferred revenue	10	4	18	24	47
Operating lease liabilities	−7	−16	−15	−13	−13
Other long-term liabilities	−2	−14	−35	−1	14
Net cash provided by operating activities	971	687	586	277	−204
Purchases of marketable securities	−280	−110	−110	−158	−623
Maturities of marketable securities	243	70	301	394	369
Purchases of property and equipment, including capitalized internal-use software	−61	−64	−54	−24	−13
Acquisitions of businesses, net of cash acquired	−106	0	0	−93	−54
Other investing activities	−5	−3	−2	−2	—
Net cash provided by (used in) investing activities	−208	−107	135	117	−330
Proceeds from the issuance of common stock upon initial public offering, net of underwriting discounts	0	0	401	0	0
Proceeds from the issuance of Series A redeemable convertible preferred stock	0	0	175	0	—
Taxes paid related to net share settlement of equity awards	−24	−101	−570	0	0
Proceeds from exercise of stock options	8	80	6	1	6
Changes in advances from payment card issuer	12	10	0	0	—
Deferred offering costs paid	0	0	−6	−3	0
Net cash used in financing activities	−1,391	−1,413	−30	46	464
Effect of foreign exchange on cash, cash equivalents, and restricted cash and cash equivalents	4	−11	3	−6	−1
Net increase (decrease) in cash, cash equivalents, and restricted cash and cash equivalents	−623	−844	694	434	−71
Cash paid for income taxes, net of tax refunds	43	13	54	3	4
Stock-based compensation capitalized as internal-use software	42	35	56	0	1
Conversion of redeemable convertible preferred stock to common stock in connection with initial public offering	0	0	2,822	0	0
Reclassification of deferred offering costs to additional paid-in capital upon initial public offering	0	0	9	0	0
Accretion of Series A redeemable convertible preferred stock	9	9	2	—	—
Cash paid for amounts included in the measurement of operating lease liabilities	9	16	16	15	15
Lease liabilities arising from obtaining right-of-use assets	0	1	6	9	6
Remeasurement of operating lease right of use assets	17	1	0	0	2

Filings

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Frequently asked questions

What is Maplebear Inc.'s CIK number?

Maplebear Inc.'s SEC CIK number is 0001579091 (1579091). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Maplebear Inc.'s SEC filings?

All of Maplebear Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Maplebear Inc. last report earnings?

Maplebear Inc. (CART) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001579091-26-000032). This is Maplebear Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Maplebear Inc.'s most recent earnings 8-K?

Maplebear Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001579091-26-000032. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Maplebear Inc.'s latest earnings 8-K →
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