Maplebear (CART) Research & Development (2022 - 2026)
Maplebear recorded quarterly Research & Development of $164.0 million in Q1 2026, down 4.09% quarter-over-quarter from $171.0 million in Q4 2025, and up 13.89% year-over-year from $144.0 million in Q1 2025.
Maplebear's Research & Development history runs 5 years deep, the most recent figure standing at $164.0 million for Q1 2026.
- In Q1 2026, Research & Development rose 13.89% year-over-year to $164.0 million; the TTM figure through Mar 2026 stood at $670.0 million (up 5.85% YoY), while the FY2025 annual figure was $650.0 million, up 7.62% from the prior year.
- Research & Development came in at $164.0 million for Q1 2026 at Maplebear, down from $171.0 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 $115.0 million in Q1 2024.
- A 5-year average of $267.0 million and a median of $155.0 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 1356.69% in 2023 and tumbled 91.95% in 2024, its largest moves.
- Maplebear's Research & Development stood at $148.0 million in 2022, then surged by 38.51% to $205.0 million in 2023, then slipped by 24.39% to $155.0 million in 2024, then gained by 10.32% to $171.0 million in 2025, then retreated by 4.09% to $164.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $164.0 million, $171.0 million, and $169.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,907.49 Bn | 2,764.40 Bn | 171.21 Bn | 29.57 Bn |
| 2 | Mercadolibre | 85.96 Bn | 80.31 Bn | 3.86 Bn | 699.00 Mn |
| 3 | DoorDash | 69.36 Bn | 64.50 Bn | 2.04 Bn | 398.00 Mn |
| 4 | PDD Holdings | 66.56 Bn | 41.90 Bn | 12.81 Bn | -714.26 Mn |
| 5 | Ebay | 48.95 Bn | 45.09 Bn | 2.29 Bn | 450.00 Mn |
| 6 | Coupang | 30.30 Bn | 30.21 Bn | 2.30 Bn | - |
| 7 | Maplebear | 9.52 Bn | 8.83 Bn | 738.00 Mn | 164.00 Mn |
| 8 | Wayfair | 9.47 Bn | 8.40 Bn | 880.00 Mn | - |
| 9 | Chewy | 9.33 Bn | 8.46 Bn | 959.70 Mn | - |
| 10 | Etsy | 6.54 Bn | 5.11 Bn | 455.60 Mn | 99.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 164.00 Mn |
| Dec 31, 2025 | 171.00 Mn |
| Sep 30, 2025 | 169.00 Mn |
| Jun 30, 2025 | 166.00 Mn |
| Mar 31, 2025 | 144.00 Mn |
| Dec 31, 2024 | 155.00 Mn |
| Sep 30, 2024 | 149.00 Mn |
| Jun 30, 2024 | 185.00 Mn |
| Mar 31, 2024 | 115.00 Mn |
| Dec 31, 2023 | 205.00 Mn |
| Sep 30, 2023 | 1.85 Bn |
| Jun 30, 2023 | 130.00 Mn |
| Mar 31, 2023 | 127.00 Mn |
| Dec 31, 2022 | 148.00 Mn |
| Sep 30, 2022 | 127.00 Mn |