Maplebear (CART) Research & Development (2022 - 2026)

Maplebear has reported Research & Development for 5 years, with the latest figure at $230.0 million in Q1 2026.

• Quarterly Research & Development rose 59.72% year-over-year to $230.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $787.0 million (down 14.36% YoY) and the FY2025 annual result came in at $650.0 million, down 19.55% from the prior year.
• Research & Development rose to $230.0 million in Q1 2026 per CART's latest filing, from $171.0 million in the prior quarter.
• Over five years, Research & Development peaked at $455.0 million in Q3 2023 and troughed at $30.0 million in Q4 2022.
• A 5-year average of $195.4 million and a median of $171.0 million in 2025 frame the typical range for Research & Development.
• The sharpest annual moves came in 2023 and 2024: Research & Development soared 583.33% in 2023, then sank 53.19% in 2024.
• Over 5 years, Research & Development stood at $30.0 million in 2022, then jumped by 583.33% to $205.0 million in 2023, then surged by 75.12% to $359.0 million in 2024, then plunged by 52.37% to $171.0 million in 2025, then jumped by 34.5% to $230.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $230.0 million, $171.0 million, and $169.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.