cart: the income statement

MyFinsight

For the quarter ending 2025-09-30, CART made $939M in revenue. $144M in net income. Net profit margin of 15.34%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenue	939	914	897	852
Cost of revenue	247	236	226	211
Gross profit	692	678	671	641
Operations and support	62	66	75	64
Research and development	169	166	144	149
Sales and marketing	206	217	216	213
General and administrative	87	106	126	77
Total operating expenses	525	554	561	503
Income from operations	166	124	110	138
Other income (expense), net	-1	3	0	0
Interest income	16	15	14	15
Income before provision for income taxes	181	142	124	153
Provision for income taxes	37	26	18	35
Net income	144	116	106	118
Accretion related to series a redeemable convertible preferred stock	2	2	2	2
Net income attributable to common stockholders, basic	142	114	104	116
Accretion related to series a redeemable convertible preferred stock	-2	-2	0	-2
Net income attributable to common stockholders, diluted	144	116	104	118

Basic (in dollars per share)	0.54	0.43	0.4	0.45
Basic (in shares)	264,895,000	262,588,000	262,432,000	259,660,000
Diluted (in dollars per share)	0.51	0.41	0.37	0.42
Diluted (in shares)	283,176,000	281,293,000	277,193,000	281,003,000