Maplebear (CART) Gross Margin (2022 - 2026)
Maplebear's (CART) quarterly Gross Margin came in at 72.42% in Q1 2026, down 238.0% year-on-year from 52.48% in Q1 2025, and little changed quarter-over-quarter from 72.28% in Q4 2025.
Maplebear (CART) Gross Margin (2022 - 2026) Analysis & Trends
Maplebear has disclosed Gross Margin across 5 years of filings, most recently posting 72.42% for Q1 2026.
- Gross Margin for Q1 2026 came in at 72.42%, down 238.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 73.11% (down 211.0% YoY), and the FY2025 annual result was 73.7%, down 155.0% from the prior year.
- Gross Margin came in at 72.42% for Q1 2026 at Maplebear, roughly flat from 72.28% 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.
- The 5-year median for Gross Margin is 74.8% (2025), against an average of 74.44%.
- Across the five-year window, Gross Margin soared 210 bps in 2024 and sank 292 bps in 2025, its largest moves.
- Maplebear's Gross Margin stood at 76.22% in 2022, then retreated by 1 bps to 75.72% in 2023, then dropped by 1 bps to 75.2% in 2024, then declined by 4 bps to 72.28% in 2025, then grew by 0 bps to 72.42% in 2026.
- The last three Gross Margin figures came in at 72.42% (Q1 2026), 72.28% (Q4 2025), and 73.7% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 94.32% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 43.66% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 50.64% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 72.28% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 74.04% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 27.01% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 93.10% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 30.02% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 72.42% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 30.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.42% |
| Dec 31, 2025 | 72.28% |
| Sep 30, 2025 | 73.70% |
| Jun 30, 2025 | 74.18% |
| Mar 31, 2025 | 74.80% |
| Dec 31, 2024 | 75.20% |
| Sep 30, 2024 | 75.23% |
| Jun 30, 2024 | 75.70% |
| Mar 31, 2024 | 74.88% |
| Dec 31, 2023 | 75.72% |
| Sep 30, 2023 | 73.43% |
| Jun 30, 2023 | 73.60% |
| Mar 31, 2023 | 76.68% |
| Dec 31, 2022 | 76.22% |
| Sep 30, 2022 | 72.60% |