Maplebear (CART) Operating Expenses (2022 - 2026)
Maplebear's (CART) quarterly Operating Expenses came in at $608.0 million in Q2 2026, up 9.75% year-over-year from $554.0 million in Q2 2025, and up 9.35% quarter-over-quarter from $556.0 million in Q1 2026.
Powered by 
Analysis
Maplebear (CART) Operating Expenses (2022 - 2026) Analysis & Trends
Maplebear has disclosed Operating Expenses across 5 years of filings, most recently posting $608.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 9.75% year-over-year to $608.0 million; the TTM figure through Jun 2026 stood at $2.3 billion (up 8.46% YoY), while the FY2025 annual figure was $2.3 billion, up 10.03% from the prior year.
- Operating Expenses came in at $608.0 million for Q2 2026 at Maplebear, up from $556.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $3.0 billion in Q3 2023 to a low of $408.0 million in Q2 2023.
- Average Operating Expenses over 5 years is $676.4 million, with a median of $539.5 million recorded in 2025.
- Year-over-year, Operating Expenses surged 567.7% in 2023 and sank 83.33% in 2024.
- Over 5 years, Operating Expenses stood at $475.0 million in 2022, then advanced by 18.32% to $562.0 million in 2023, then fell by 9.43% to $509.0 million in 2024, then increased by 21.41% to $618.0 million in 2025, then retreated by 1.62% to $608.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $608.0 million in Q2 2026, $556.0 million in Q1 2026, and $618.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -8.86 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 4.85 Bn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | -5.39 Bn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 2.85 Bn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 3.48 Bn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 1.63 Bn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 2.55 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 608.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -279.73 Mn |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 358.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 608.00 Mn |
| Mar 31, 2026 | 556.00 Mn |
| Dec 31, 2025 | 618.00 Mn |
| Sep 30, 2025 | 525.00 Mn |
| Jun 30, 2025 | 554.00 Mn |
| Mar 31, 2025 | 561.00 Mn |
| Dec 31, 2024 | 509.00 Mn |
| Sep 30, 2024 | 503.00 Mn |
| Jun 30, 2024 | 571.00 Mn |
| Mar 31, 2024 | 470.00 Mn |
| Dec 31, 2023 | 562.00 Mn |
| Sep 30, 2023 | 3.02 Bn |
| Jun 30, 2023 | 408.00 Mn |
| Mar 31, 2023 | 432.00 Mn |
| Dec 31, 2022 | 475.00 Mn |
| Sep 30, 2022 | 452.00 Mn |
API Access
Maplebear Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CART&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CART", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CART&period=max&api_key=YOUR_API_KEY");
const data = await res.json();