Maplebear (CART) Operating Expenses (2022 - 2026)
Maplebear's (CART) quarterly Operating Expenses came in at $556.0 million in Q1 2026, down 0.89% year-on-year from $561.0 million in Q1 2025, and down 10.03% quarter-over-quarter from $618.0 million in Q4 2025.
Maplebear (CART) Operating Expenses (2022 - 2026) Analysis & Trends
Maplebear has disclosed Operating Expenses across 5 years of filings, most recently posting $556.0 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $556.0 million, down 0.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 5.08% YoY), and the FY2025 annual result was $2.3 billion, up 10.03% from the prior year.
- Operating Expenses came in at $556.0 million for Q1 2026 at Maplebear, down from $618.0 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 $8.0 million in Q1 2024.
- The 5-year median for Operating Expenses is $525.0 million (2025), against an average of $650.1 million.
- Across the five-year window, Operating Expenses plunged 98.15% in 2024 and surged 6912.5% in 2025, its largest moves.
- Maplebear's 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 dropped by 10.03% to $556.0 million in 2026.
- The last three Operating Expenses figures came in at $556.0 million (Q1 2026), $618.0 million (Q4 2025), and $525.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,624.51 Bn | 2,481.43 Bn | 171.21 Bn | 157.67 Bn |
| 2 | Mercadolibre | 83.29 Bn | 77.64 Bn | 3.86 Bn | 3.25 Bn |
| 3 | DoorDash | 67.87 Bn | 63.01 Bn | 2.04 Bn | 3.89 Bn |
| 4 | PDD Holdings | 64.68 Bn | 40.01 Bn | 12.81 Bn | -5.87 Bn |
| 5 | Ebay | 48.60 Bn | 44.74 Bn | 2.29 Bn | 1.68 Bn |
| 6 | Coupang | 29.01 Bn | 28.92 Bn | 2.30 Bn | 8.75 Bn |
| 7 | Zkh | 16.33 Bn | 16.33 Bn | 285.30 Mn | -23.28 Mn |
| 8 | Maplebear | 10.11 Bn | 9.42 Bn | 738.00 Mn | 556.00 Mn |
| 9 | Wayfair | 9.36 Bn | 8.30 Bn | 880.00 Mn | 891.00 Mn |
| 10 | Chewy | 8.44 Bn | 7.56 Bn | 959.70 Mn | 917.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 8.00 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 |