Growth Metrics

Maplebear (CART) Net Margin (2022 - 2026)

Maplebear recorded quarterly Net Margin of 14.13% in Q1 2026, up 77.45% quarter-over-quarter from 7.96% in Q4 2025, and up 254.0% year-over-year from 3.99% in Q1 2025.

Maplebear's Net Margin history runs 5 years deep, the most recent figure standing at 14.13% for Q1 2026.

  • In Q1 2026, Net Margin rose 254.0% year-over-year to 14.13%; the TTM figure through Mar 2026 stood at 12.5% (up 23.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 9.37% and a median of 13.87% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin soared 27526 bps in 2024 and tumbled 857 bps in 2025, its largest moves.
  • Maplebear's Net Margin stood at 17.83% in 2022, then retreated by 7 bps to 16.56% in 2023, then declined by 0 bps to 16.53% in 2024, then slumped by 52 bps to 7.96% in 2025, then soared by 77 bps to 14.13% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 14.13%, 7.96%, and 15.34% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,861.08 Bn 2,717.99 Bn 171.21 Bn 16.68%
2 Alibaba Group Holding 348.49 Bn 315.38 Bn 12.18 Bn 10.47%
3 Mercadolibre 84.38 Bn 78.73 Bn 3.86 Bn 4.71%
4 DoorDash 69.78 Bn 64.91 Bn 2.04 Bn 4.53%
5 Ebay 51.86 Bn 48.00 Bn 2.29 Bn -
6 Coupang 29.42 Bn 29.33 Bn 2.30 Bn -3.13%
7 Maplebear 9.86 Bn 9.17 Bn 738.00 Mn 14.13%
8 Wayfair 8.79 Bn 7.72 Bn 880.00 Mn -3.58%
9 Chewy 8.58 Bn 7.71 Bn 959.70 Mn 1.20%
10 Etsy 6.00 Bn 4.58 Bn 455.60 Mn -5.54%

Historic Data

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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%