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Maplebear Inc. CART Q4 2025 Annual earnings

Reported February 12, 2026 · After market close

Revenue$992.0MBeat by $18.7M
EPS$0.53Beat by $0.01
Revenue estimate$973.3M
EPS estimate$0.52

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$1.1B
EPS estimate$0.63

Financials

Q4 2025

Income statement

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Revenue$992.0M+12.3%
Gross profit$717.0M+8.0%
Operating income$97.0M-37.4%
Net income$81.0M-45.3%
EPS (diluted)$0.30-42.3%

Balance sheet

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Cash & equivalents$827.0M-42.9%
Total debt$36.0M+38.5%
Total equity$2.5B-18.6%
Total assets$3.7B-10.4%

Cash flow

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Operating cash flow$183.0M+19.6%
CapEx$12.0M0.0%
Free cash flow$171.0M+21.3%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$11.81B+11.0%
Enterprise value$11.02B+19.5%
P/E26.4×+3.1×
P/S3.2×0.0×

Profitability

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Gross margin73.7%-1.5pp
Operating margin13.3%-1.2pp
Net margin11.9%-1.6pp
FCF margin24.3%+5.9pp

Returns & leverage

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Return on equity15.9%+2.6pp
Debt / equity0×0.0×
Current ratio2.4×-1.0×

Segments

By product

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Transaction$698.0M+13.3%
Advertising and other$294.0M+10.1%

FAQ

When did Maplebear Inc. report Q4 2025 earnings?
Maplebear Inc. (CART) reported Q4 2025 earnings on February 12, 2026 after market close.
What were Maplebear Inc.'s Q4 2025 revenue and EPS?
Maplebear Inc. reported revenue of $992.0M and eps of $0.53 for Q4 2025.
Did Maplebear Inc. beat estimates in Q4 2025?
Revenue beat the consensus estimate of $973.3M by $18.7M. EPS beat the consensus estimate of $0.52 by $0.01.
How did Maplebear Inc.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 12.3% from $883.0M a year earlier and eps grew 0.0% from $0.53.
Where can I find Maplebear Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001579091-26-000006) and the 10-K periodic report (0001579091-26-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.