Maplebear Inc.

CART· Nasdaq· Services-Business Services, NEC

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Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

$3.7B

+19.5% a year over 4 years

FY2021FY2025

Gross73.7%Operating13.3%Net11.9%

FY2025

FY2021FY2025

Free cash flow$910.0MOwner earnings$558.0M

FY2025

FY2021FY2025

279.6M

+324.5% over 4 years, net dilution

FY2021FY2025

Fiscal year	FY2021	FY2022	FY2023	FY2024	FY2025
The business
Revenue	$1.8B	$2.6B	$3.0B	$3.4B	$3.7B
Revenue growth	–	39.1%	19.2%	11.0%	10.8%
Gross margin	66.8%	71.8%	74.9%	75.3%	73.7%
Operating margin	-4.7%	2.4%	-70.4%	14.5%	13.3%
Net income	-$73.0M	$428.0M	-$1.6B	$457.0M	$447.0M
Net margin	-4.0%	16.8%	-53.3%	13.5%	11.9%
Diluted EPS	$-1.12	$0.96	$-12.43	$1.58	$1.60
Return on invested capital?	–	–	–	–	–
Cash
Operating cash flow	-$204.0M	$277.0M	$586.0M	$687.0M	$971.0M
Capital expenditure	$13.0M	$24.0M	$54.0M	$64.0M	$61.0M
Free cash flow	-$217.0M	$253.0M	$532.0M	$623.0M	$910.0M
Stock-based compensation	$22.0M	$33.0M	$2.8B	$300.0M	$352.0M
Owner earnings?	-$239.0M	$220.0M	-$2.2B	$323.0M	$558.0M
Free cash flow per share	$-3.29	$2.49	$4.07	$2.15	$3.25
Capital allocation
Dividends paid	–	–	–	–	–
Share repurchases	$0	$0	$36.0M	$1.4B	$1.4B
Diluted shares	65.9M	101.5M	130.6M	289.2M	279.6M
Share count change?	–	54.1%	28.7%	121.4%	-3.3%
Balance sheet
Cash and equivalents	$1.1B	$1.5B	$2.1B	$1.3B	$637.0M
Short-term investments	–	$209.0M	$49.0M	$91.0M	$50.0M
Total debt	–	–	–	–	–
Net debt	–	–	–	–	–
Shareholders' equity	-$573.0M	-$64.0M	$3.8B	$3.1B	$2.5B