Maplebear (CART) Research & Development (2022 - 2026)
Maplebear's (CART) quarterly Research & Development came in at $233.0 million in Q2 2026, up 7.37% year-over-year from $217.0 million in Q2 2025, and up 1.3% quarter-over-quarter from $230.0 million in Q1 2026.
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Analysis
Maplebear (CART) Research & Development (2022 - 2026) Analysis & Trends
Maplebear has disclosed Research & Development across 5 years of filings, most recently posting $233.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 7.37% year-over-year to $233.0 million; the TTM figure through Jun 2026 stood at $883.0 million (up 3.4% YoY), while the FY2025 annual figure was $854.0 million, up 5.69% from the prior year.
- Research & Development came in at $233.0 million for Q2 2026 at Maplebear, up from $230.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.8 billion in Q3 2023 to a low of $161.0 million in Q1 2023.
- Average Research & Development over 5 years is $303.1 million, with a median of $207.0 million recorded in 2024.
- Year-over-year, Research & Development jumped 975.58% in 2023 and sank 88.49% in 2024.
- Over 5 years, Research & Development stood at $172.0 million in 2022, then grew by 19.19% to $205.0 million in 2023, then advanced by 1.46% to $208.0 million in 2024, then rose by 2.88% to $214.0 million in 2025, then climbed by 8.88% to $233.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $233.0 million in Q2 2026, $230.0 million in Q1 2026, and $214.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | -7.02 Bn |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 263.00 Mn |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | -673.00 Mn |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 875.00 Mn |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 1.13 Bn |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 697.00 Mn |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 2.12 Bn |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 233.00 Mn |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | -38.45 Mn |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 190.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233.00 Mn |
| Mar 31, 2026 | 230.00 Mn |
| Dec 31, 2025 | 214.00 Mn |
| Sep 30, 2025 | 206.00 Mn |
| Jun 30, 2025 | 217.00 Mn |
| Mar 31, 2025 | 216.00 Mn |
| Dec 31, 2024 | 208.00 Mn |
| Sep 30, 2024 | 213.00 Mn |
| Jun 30, 2024 | 203.00 Mn |
| Mar 31, 2024 | 184.00 Mn |
| Dec 31, 2023 | 205.00 Mn |
| Sep 30, 2023 | 1.85 Bn |
| Jun 30, 2023 | 166.00 Mn |
| Mar 31, 2023 | 161.00 Mn |
| Dec 31, 2022 | 172.00 Mn |
| Sep 30, 2022 | 172.00 Mn |
API Access
Maplebear Research & Development 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=research-and-development&ticker=CART&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CART&period=max&api_key=YOUR_API_KEY");
const data = await res.json();