Maplebear (CART) Net Margin (2022 - 2026)

Maplebear's (CART) quarterly Net Margin came in at 14.13% in Q1 2026, up 254.0% year-on-year from 3.99% in Q1 2025, and up 77.45% quarter-over-quarter from 7.96% in Q4 2025.

Maplebear (CART) Net Margin (2022 - 2026) Analysis & Trends

Maplebear has disclosed Net Margin across 5 years of filings, most recently posting 14.13% for Q1 2026.

  • Net Margin for Q1 2026 came in at 14.13%, up 254.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.5% (up 23.0% YoY), and the FY2025 annual result was 11.7%, down 156.0% from the prior year.
  • Net Margin came in at 14.13% for Q1 2026 at Maplebear, up from 7.96% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 17.83% in Q4 2022 to a low of 261.65% in Q3 2023.
  • The 5-year median for Net Margin is 13.87% (2024), against an average of 9.37%.
  • Across the five-year window, Net Margin surged 27526 bps in 2024 and plunged 857 bps in 2025, its largest moves.
  • Maplebear's Net Margin stood at 17.83% in 2022, then fell by 7 bps to 16.56% in 2023, then dropped by 0 bps to 16.53% in 2024, then tumbled by 52 bps to 7.96% in 2025, then surged by 77 bps to 14.13% in 2026.
  • The last three Net Margin figures came in at 14.13% (Q1 2026), 7.96% (Q4 2025), and 15.34% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 16.68%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 4.71%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 4.53%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 19.81%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn -
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -3.13%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -0.43%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -3.58%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 14.13%
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 2.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.13%
Dec 31, 2025 7.96%
Sep 30, 2025 15.34%
Jun 30, 2025 12.69%
Mar 31, 2025 11.59%
Dec 31, 2024 16.53%
Sep 30, 2024 13.62%
Jun 30, 2024 7.05%
Mar 31, 2024 15.85%
Dec 31, 2023 16.56%
Sep 30, 2023 -261.65%
Dec 31, 2022 17.83%