Maplebear (CART) FCF Margin (2022 - 2026)
Maplebear (CART) recorded FCF Margin of 46.12% in Q2 2026, up 25.66 percentage points from 20.46% a year earlier and up 21.39 percentage points from the prior quarter.
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Analysis
Maplebear (CART) FCF Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Maplebear's FCF Margin came in at 29.45% as of Jun 30, 2026, up 7.48 percentage points year-over-year; for FY2025, it came in at 24.32%, up 5.88 percentage points from FY2024.
- Annual FCF Margin has increased for four straight years, with a four-year change of +36.15 percentage points (FY2021 to FY2025).
- Across earlier years, FCF Margin came in at 18.44% in FY2024 (+0.95 pp), 17.49% in FY2023 (+7.57 pp), 9.92% in FY2022 (+21.75 pp) and -11.83% in FY2021.
- The Q2 2026 figure is the highest quarterly FCF Margin in data going back to Q4 2022.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +4.97 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 25.66 percentage points in Q2 2026, against a drop of 11.06 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.73% (Q1 2026), 17.24% (Q4 2025) and 28.97% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,124.47 Bn | 3,882.00 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,753.35 Bn | 1,455.87 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 287.05 Bn | 247.25 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 252.29 Bn | 66.07 Bn | 15.11 Bn | 33.57% |
| 5 | Shopify | 224.82 Bn | 202.01 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 140.16 Bn | 111.96 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 126.16 Bn | 59.21 Bn | - | 49.55% |
| 8 | PDD Holdings | 113.75 Bn | -130.03 Bn | 9.45 Bn | 22.77% |
| 9 | Spotify Technology | 108.11 Bn | 65.61 Bn | 1.86 Bn | 17.50% |
| 10 | Maplebear | 11.94 Bn | 7.99 Bn | 751.00 Mn | 46.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.12% |
| Mar 31, 2026 | 24.73% |
| Dec 31, 2025 | 17.24% |
| Sep 30, 2025 | 28.97% |
| Jun 30, 2025 | 20.46% |
| Mar 31, 2025 | 31.22% |
| Dec 31, 2024 | 15.97% |
| Sep 30, 2024 | 20.07% |
| Jun 30, 2024 | 26.73% |
| Mar 31, 2024 | 11.10% |
| Dec 31, 2023 | 27.02% |
| Sep 30, 2023 | 12.43% |
| Jun 30, 2023 | 22.21% |
| Mar 31, 2023 | 8.04% |
| Dec 31, 2022 | 6.08% |
API Access
Maplebear FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CART&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CART", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CART&period=max&api_key=YOUR_API_KEY");
const data = await res.json();