Growth Metrics

Maplebear (CART) Gross Margin (2022 - 2025)

Maplebear (CART) has disclosed Gross Margin for 4 consecutive years, with 72.28% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 292.0% to 72.28% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 73.7% through Dec 2025, down 155.0% year-over-year, with the annual reading at 73.7% for FY2025, 155.0% down from the prior year.
  • Gross Margin hit 72.28% in Q4 2025 for Maplebear, down from 73.7% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 76.68% in Q1 2023 to a low of 72.28% in Q4 2025.
  • Historically, Gross Margin has averaged 74.59% across 4 years, with a median of 74.84% in 2024.
  • Biggest five-year swings in Gross Margin: surged 210bps in 2024 and later crashed -292bps in 2025.
  • Year by year, Gross Margin stood at 76.22% in 2022, then fell by -1bps to 75.72% in 2023, then fell by -1bps to 75.2% in 2024, then dropped by -4bps to 72.28% in 2025.
  • Business Quant data shows Gross Margin for CART at 72.28% in Q4 2025, 73.7% in Q3 2025, and 74.18% in Q2 2025.