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Maplebear Inc. CART Gross margin

Gross margin at other companies

Walmart
 logo
Walmart WMT
25%+0.1pp
Amazon logo
AmazonAMZN
50.6%+1.4pp
Uber Technologies logo
Uber TechnologiesUBER
41%+1.5pp
DoorDash logo
DoorDashDASH
50.9%+1.7pp
Coupang logo
CoupangCPNG
28.8%-0.9pp
Pinterest, Inc. logo
Pinterest, Inc.PINS
79.9%+0.3pp

Other financials

Income statement

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Revenue$1.0B+13.6%
Gross profit$738.0M+10.0%
Operating income$182.0M+65.5%
Net income$144.0M+35.8%
EPS (diluted)$0.57+54.1%

Balance sheet

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Cash & equivalents$758.0M-55.5%
Total debt$34.0M+54.5%
Total equity$2.4B-24.6%
Total assets$3.5B-17.6%

Cash flow

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Operating cash flow$268.0M-10.1%
CapEx$16.0M-11.1%
Free cash flow$252.0M-10.0%

Valuation

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Market cap$10.47B-14.6%
Enterprise value$9.75B-6.6%
P/E21.6×-6.7×
P/S2.7×-0.8×

Profitability

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Operating margin14.7%+1.6pp
Net margin12.6%0.0pp
FCF margin22.8%-0.7pp

Returns & leverage

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Return on equity17.4%+3.7pp
Debt / equity0.0×
Current ratio2.4×-0.9×

Where this comes from

Calculated from Maplebear Inc.’s reported figures.

Based on trailing twelve months.

The official record: Maplebear Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Maplebear Inc.'s gross margin?
Maplebear Inc. (CART) reported gross margin of 73.1% in Q1 2026.
How has Maplebear Inc.'s gross margin changed year-over-year?
Maplebear Inc.'s gross margin decreased by 2.8% year-over-year, from 75.2% to 73.1%.
What is the long-term trend for Maplebear Inc.'s gross margin?
Over 3 years (2021 to 2025), Maplebear Inc.'s gross margin has grown at a 3.3% compound annual growth rate (CAGR), from 66.8% to 73.7%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.