Maplebear Inc. (CART) Operating Margin (2022 - 2026)
Maplebear (CART) posted Operating Margin of 17.86% for Q1 2026, up 82.66% sequentially from 9.78% in Q4 2025, and up 560.0% YoY from 2.71% in Q1 2025.
Maplebear Inc. (CART) Operating Margin (2022 - 2026) Analysis & Trends
Maplebear (CART) has 5 years of Operating Margin data on file, last reported at 17.86% in Q1 2026.
- Quarterly Operating Margin rose 560.0% year-over-year to 17.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.73% (up 156.0% YoY) and the FY2025 annual result came in at 13.31%, down 117.0% from the prior year.
- Operating Margin improved to 17.86% in Q1 2026 per CART's latest filing, from 9.78% in the prior quarter.
- The five-year high for Operating Margin was 19.76% in Q1 2023, with the low at 321.6% in Q3 2023.
- Average Operating Margin over 5 years is 8.82%, with a median of 13.57% recorded in 2025.
- Year-over-year, Operating Margin tumbled 32654 bps in 2023 and surged 33779 bps in 2024.
- Maplebear's Operating Margin stood at 13.47% in 2022, then sank by 57 bps to 5.73% in 2023, then surged by 206 bps to 17.55% in 2024, then plunged by 44 bps to 9.78% in 2025, then soared by 83 bps to 17.86% in 2026.
- Business Quant data shows CART's Operating Margin at 17.86% in Q1 2026, 9.78% in Q4 2025, and 17.68% in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.86% |
| Dec 31, 2025 | 9.78% |
| Sep 30, 2025 | 17.68% |
| Jun 30, 2025 | 13.57% |
| Mar 31, 2025 | 12.26% |
| Dec 31, 2024 | 17.55% |
| Sep 30, 2024 | 16.20% |
| Jun 30, 2024 | 6.32% |
| Mar 31, 2024 | 17.56% |
| Dec 31, 2023 | 5.73% |
| Sep 30, 2023 | -321.60% |
| Jun 30, 2023 | 16.62% |
| Mar 31, 2023 | 19.76% |
| Dec 31, 2022 | 13.47% |
| Sep 30, 2022 | 4.94% |