CART financial statements

The full income statement, balance sheet, and cash-flow statement for Maplebear Inc. (CART), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-03 264.7M2024-06 260.8M2024-09 256.9M2024-12 264.6M2025-03 260.7M2025-06 263.4M2025-09 262.5M2025-12 240.6M2026-03 235.0M-11.2% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	3.74B YoY+10.8%	3.38B YoY+11.0%	3.04B YoY+19.2%	2.55B YoY+39.1%	1.83B
	2.76B YoY+8.5%	2.54B YoY+11.6%	2.28B YoY+24.4%	1.83B YoY+49.3%	1.23B
Cost of revenue	984M YoY+17.7%	836M YoY+9.4%	764M YoY+6.1%	720M YoY+18.4%	608M
	2.26B YoY+10.0%	2.05B YoY-53.6%	4.42B YoY+149.9%	1.77B YoY+34.8%	1.31B
Research & development	650M YoY+7.6%	604M YoY-73.9%	2.31B YoY+346.3%	518M YoY+40.8%	368M
Selling, general & administrative	482M YoY+32.8%	363M YoY-54.8%	803M YoY+136.9%	339M YoY+17.7%	288M
General & administrative	482M YoY+32.8%	363M YoY-54.8%	803M YoY+136.9%	339M YoY+17.7%	288M
Selling & marketing	854M YoY+5.7%	808M YoY-15.9%	961M YoY+45.6%	660M YoY+67.5%	394M
Provision for credit losses	15.0M YoY-21.1%	19.0M YoY-17.4%	23.0M YoY+130.0%	10.0M YoY+42.9%	7.00M
Operating income	498M YoY+1.8%	489M YoY+122.8%	-2.14B YoY-3554.8%	62.0M YoY+172.1%	-86.0M
Other non-operating income	1.00M YoY+133.3%	-3.00M	0.00 YoY+100.0%	-8.00M YoY-166.7%	12.0M
Pre-tax income	556M YoY+0.7%	552M YoY+126.8%	-2.06B YoY-3002.8%	71.0M YoY+198.6%	-72.0M
Income tax	109M YoY+14.7%	95.0M YoY+121.6%	-439M YoY-23.0%	-357M YoY-35800.0%	1.00M
	447M YoY-2.2%	457M YoY+128.2%	-1.62B YoY-479.0%	428M YoY+686.3%	-73.0M
Net income to common	438M YoY-2.2%	448M YoY+127.6%	-1.62B YoY-2209.1%	77.0M YoY+205.5%	-73.0M
	$1.60 YoY+1.3%	$1.58 YoY+112.7%	-$12.43 YoY-1394.8%	$0.96 YoY+185.7%	-$1.12
EPS (basic)	$1.68 YoY-0.6%	$1.69 YoY+113.6%	-$12.43 YoY-1250.9%	$1.08 YoY+196.4%	-$1.12
	261M YoY-1.2%	265M YoY+102.6%	131M YoY+81.8%	71.9M YoY+9.1%	65.9M
	280M YoY-3.3%	289M YoY+121.4%	131M YoY+28.7%	101M YoY+54.1%	65.9M
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.20B YoY-18.5%	2.70B YoY-18.4%	3.31B YoY+20.6%	2.74B	—
Cash & equivalents	637M YoY-50.2%	1.28B YoY-40.2%	2.14B YoY+42.0%	1.50B YoY+31.3%	1.15B
Short-term investments	50.0M YoY-45.1%	91.0M YoY+85.7%	49.0M YoY-76.6%	209M	—
Accounts receivable	1.13B YoY+11.1%	1.01B YoY+18.9%	853M YoY+1.3%	842M	—
Prepaid expenses	213M YoY+31.5%	162M YoY+25.6%	129M YoY+18.3%	109M	—
	3.69B YoY-10.4%	4.12B YoY-12.9%	4.73B YoY+28.8%	3.67B	—
Property, plant & equipment	218M YoY+9.0%	200M YoY+48.1%	135M YoY+255.3%	38.0M	—
Operating lease right-of-use	30.0M YoY+42.9%	21.0M YoY-32.3%	31.0M YoY-24.4%	41.0M	—
Goodwill	393M YoY+24.0%	317M YoY-0.3%	318M YoY+0.3%	317M YoY+20.5%	263M
Intangible assets	71.0M YoY+36.5%	52.0M YoY-32.5%	77.0M YoY-25.2%	103M	—
Long-term investments	81.0M	0.00	0.00 YoY-100.0%	28.0M	—
Deferred tax assets	664M YoY-13.9%	771M YoY-7.1%	830M YoY+123.7%	371M	—
Other non-current assets	14.0M YoY-63.2%	38.0M YoY+216.7%	12.0M YoY+0.0%	12.0M	—
	917M YoY+14.9%	798M YoY+8.9%	733M YoY-7.8%	795M	—
Accounts payable	70.0M YoY-12.5%	80.0M YoY+11.1%	72.0M YoY-18.2%	88.0M	—
Accrued liabilities	634M YoY+25.5%	505M YoY+12.0%	451M YoY-12.4%	515M	—
Deferred revenue	211M YoY+5.5%	200M YoY+1.5%	197M YoY+10.1%	179M	—
Current lease liability	3.00M YoY-76.9%	13.0M YoY+0.0%	13.0M YoY+0.0%	13.0M	—
	974M YoY+16.5%	836M YoY+4.5%	800M YoY-12.2%	911M	—
Non-current lease liability	33.0M YoY+153.8%	13.0M YoY-51.9%	27.0M YoY-25.0%	36.0M	—
Operating lease liability (total)	36.0M YoY+38.5%	26.0M YoY-35.0%	40.0M	—	—
Other non-current liabilities	24.0M YoY-4.0%	25.0M YoY-37.5%	40.0M YoY-50.0%	80.0M	—
	2.52B YoY-18.6%	3.09B YoY-17.5%	3.75B YoY+5959.4%	-64.0M YoY+88.8%	-573M
Preferred stock	0.00	0.00	0.00	0.00	—
Common stock	0.00	0.00	0.00	0.00	—
Additional paid-in capital	7.00B YoY+4.8%	6.69B YoY+4.8%	6.38B YoY+595.2%	918M	—
Retained earnings	-4.49B YoY-25.1%	-3.58B YoY-36.1%	-2.63B YoY-169.7%	-977M	—
Accumulated other comprehensive income	-1.00M YoY+88.9%	-9.00M YoY-400.0%	3.00M YoY+160.0%	-5.00M	—
Total liabilities & equity	3.69B YoY-10.4%	4.12B YoY-12.9%	4.73B YoY+28.8%	3.67B	—
	243M YoY-6.9%	261M YoY-6.5%	279M YoY+286.3%	72.2M	—
	243M YoY-6.9%	261M YoY-6.5%	279M YoY+286.3%	72.2M	—
	241M YoY-9.1%	265M YoY-0.7%	266M	—	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	971M YoY+41.3%	687M YoY+17.2%	586M YoY+111.6%	277M YoY+235.8%	-204M
Depreciation & amortization	91.0M YoY+62.5%	56.0M YoY+30.2%	43.0M YoY+26.5%	34.0M YoY+112.5%	16.0M
Share-based compensation	352M YoY+17.3%	300M YoY-89.1%	2.76B YoY+8251.5%	33.0M YoY+50.0%	22.0M
Deferred income taxes	98.0M YoY+66.1%	59.0M YoY+112.9%	-459M YoY-23.1%	-373M YoY-18550.0%	-2.00M
Change in receivables	121M YoY-34.6%	185M YoY+460.6%	33.0M YoY+57.1%	21.0M YoY-93.4%	318M
Change in payables	-11.0M YoY-237.5%	8.00M YoY+150.0%	-16.0M YoY-164.0%	25.0M YoY-30.6%	36.0M
	-208M YoY-94.4%	-107M YoY-179.3%	135M YoY+15.4%	117M YoY+135.5%	-330M
Capital expenditure	61.0M YoY-4.7%	64.0M YoY+18.5%	54.0M YoY+125.0%	24.0M YoY+84.6%	13.0M
Free cash flow	910M YoY+46.1%	623M YoY+17.1%	532M YoY+110.3%	253M YoY+216.6%	-217M
Acquisitions	106M	0.00	0.00 YoY-100.0%	93.0M YoY+72.2%	54.0M
Other investing activities	5.00M YoY+66.7%	3.00M YoY+50.0%	2.00M YoY+0.0%	2.00M	—
	-1.39B YoY+1.6%	-1.41B YoY-4610.0%	-30.0M YoY-165.2%	46.0M YoY-90.1%	464M
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00 YoY-100.0%	125M
Common stock repurchased	1.39B YoY-1.1%	1.40B YoY+3794.4%	36.0M	0.00	0.00
Dividends paid	0.00	0.00	0.00	0.00	0.00
FX effect on cash	4.00M YoY+136.4%	-11.0M YoY-466.7%	3.00M YoY+150.0%	-6.00M YoY-500.0%	-1.00M
Net change in cash	-623M YoY+26.2%	-844M YoY-221.6%	694M YoY+59.9%	434M YoY+711.3%	-71.0M
Income taxes paid	43.0M YoY+230.8%	13.0M YoY-75.9%	54.0M YoY+1700.0%	3.00M YoY-25.0%	4.00M
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	10.8B YoY-1.3%	11.0B YoY+66.7%	6.58B	—	—
P/E	24.2× YoY+0.9%	24.0×	—	—	—
P/S	2.9× YoY-10.9%	3.2× YoY+47.8%	2.2×	—	—
P/B	4.3× YoY+21.3%	3.5× YoY+87.7%	1.9×	—	—
P/FCF	11.9× YoY-32.4%	17.6× YoY-3.4%	18.2×	—	—
	4.1% YoY-0.9%	4.2%	—	—	—
	8.4% YoY+47.9%	5.7% YoY+3.5%	5.5%	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: CART's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CART filings on SEC EDGAR → Not investment advice.