Maplebear (CART) Gross Margin (2022 - 2026)
Maplebear recorded quarterly Gross Margin of 72.42% in Q1 2026, little changed quarter-over-quarter from 72.28% in Q4 2025, and down 238.0% year-over-year from 52.48% in Q1 2025.
Maplebear's Gross Margin history runs 5 years deep, the most recent figure standing at 72.42% for Q1 2026.
- In Q1 2026, Gross Margin fell 238.0% year-over-year to 72.42%; the TTM figure through Mar 2026 stood at 73.11% (down 211.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 74.44% and a median of 74.8% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 210 bps in 2024 and plunged 292 bps in 2025, its largest moves.
- Maplebear's Gross Margin stood at 76.22% in 2022, then decreased by 1 bps to 75.72% in 2023, then declined by 1 bps to 75.2% in 2024, then fell by 4 bps to 72.28% in 2025, then increased by 0 bps to 72.42% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 72.42%, 72.28%, and 73.7% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 94.32% |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | 34.51% |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 43.66% |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 50.64% |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 74.04% |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | 27.01% |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 72.42% |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | 30.02% |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 29.40% |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 72.17% |
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% |