For the year ending 2025-12-31, CART made $3,742M in revenue. $447M in net income. Net profit margin of 11.95%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|---|
| Revenue | 3,742 | 3,378 | 3,042 | |
| Cost of revenue | 984 | 836 | 764 | |
| Gross profit | 2,758 | 2,542 | 2,278 | |
| Operations and support | 274 | 278 | 344 | |
| Research and development | 650 | 604 | 2,312 | |
| Sales and marketing | 854 | 808 | 961 | |
| General and administrative | 482 | 363 | 803 | |
| Total operating expenses | 2,259 | 2,053 | 4,420 | |
| Income (loss) from operations | 498 | 489 | -2,142 | |
| Other income (expense), net | 1 | -3 | 0 | |
| Interest income | 57 | 66 | 81 | |
| Income (loss) before provision for (benefit from) income taxes | 556 | 552 | -2,061 | |
| Provision for (benefit from) income taxes | 109 | 95 | -439 | |
| Net income (loss) | 447 | 457 | -1,622 | |
| Undistributed earnings attributable to preferred stockholders | - | 0 | 0 | |
| Accretion related to series a redeemable convertible preferred stock | 9 | 9 | 2 | |
| Net income (loss) attributable to common stockholders, basic | 438 | 448 | -1,624 | |
| Undistributed earnings reallocated to common stockholders | - | 0 | 0 | |
| Accretion related to series a redeemable convertible preferred stock | -9 | -9 | - | |
| Net income (loss) attributable to common stockholders, diluted | 447 | 457 | -1,624 | |
| Basic EPS | 1.68 | 1.69 | -12.43 | |
| Diluted EPS | 1.6 | 1.58 | -12.43 | |
| Basic Average Shares | 261,353,000 | 264,640,000 | 130,616,000 | |
| Diluted Average Shares | 279,621,000 | 289,158,000 | 130,616,000 | |
Maplebear Inc. (CART)
Maplebear Inc. (CART)