Maplebear (CART) Operating Margin (2022 - 2026)

Maplebear has disclosed Operating Margin across 5 years of filings, most recently posting 17.86% for Q1 2026.

• Operating Margin for Q1 2026 came in at 17.86%, up 560.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.73% (up 156.0% YoY), and the FY2025 annual result was 13.31%, down 117.0% from the prior year.
• Operating Margin came in at 17.86% for Q1 2026 at Maplebear, up from 9.78% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 19.76% in Q1 2023 to a low of 321.6% in Q3 2023.
• The 5-year median for Operating Margin is 13.57% (2025), against an average of 8.82%.
• Across the five-year window, Operating Margin sank 32654 bps in 2023 and jumped 33779 bps in 2024, its largest moves.
• Maplebear's Operating Margin stood at 13.47% in 2022, then plunged by 57 bps to 5.73% in 2023, then surged by 206 bps to 17.55% in 2024, then tumbled by 44 bps to 9.78% in 2025, then soared by 83 bps to 17.86% in 2026.
• The last three Operating Margin figures came in at 17.86% (Q1 2026), 9.78% (Q4 2025), and 17.68% (Q3 2025), per Business Quant data.