Maplebear Inc.

CART 10-Q · Q1 2026

CART Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue (Q) — — —
Show Product Lines breakouts
Advertising and other 286 247 +15.8%
Transaction 733 650 +12.8%
Show Geography breakouts
Non Us 46 35 +31.4%
US 972 862 +12.8%
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Revenue 1,019 897 +13.6%
Cost of Revenue (Q) — — —
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Cost of Revenue 281 226 +24.3%
Gross Profit (Q) — — —
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Gross Profit 738 671 +10.0%
Operations And Support Expense (Q) — — —
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Operations And Support Expense 74 75 -1.3%
Research & Development (Q) — — —
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Research & Development 164 144 +13.9%
Sales & Marketing (Q) — — —
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Sales & Marketing 230 216 +6.5%
General & Administrative (Q) — — —
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General & Administrative 88 126 -30.2%
Operating Expenses (Q) — — —
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Operating Expenses 556 561 -0.9%
Operating Income (Q) — — —
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Operating Income 182 110 +65.5%
Interest Income Expense Nonoperating Net (Q) — — —
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Interest Income Expense Nonoperating Net 6 14 -57.1%
Income Loss Attributable To Parent (Q) — — —
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Income Loss Attributable To Parent 188 124 +51.6%
Income Tax Expense (Benefit) (Q) — — —
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Income Tax Expense (Benefit) 44 18 +144.4%
Net Income (Q) — — —
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Retained Earnings 144 106 +35.8%
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Net Income 144 106 +35.8%
Temporary Equity Accretion To Redemption Value Adjustment Basic (Q) — — —
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Temporary Equity Accretion To Redemption Value Adjustment Basic -2 -2 0.0%
Net Income Loss Available To Common Stockholders Basic (Q) — — —
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Net Income Loss Available To Common Stockholders Basic 142 104 +36.5%
Temporary Equity Accretion To Redemption Value Adjustment Diluted (Q) — — —
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Temporary Equity Accretion To Redemption Value Adjustment Diluted 2 — —
Net Income Loss Available To Common Stockholders Diluted (Q) — — —
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Net Income Loss Available To Common Stockholders Diluted 144 104 +38.5%
EPS (Basic) (Q) — — —
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EPS (Basic) 0.59 0.4 +47.5%
EPS (Diluted) (Q) — — —
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EPS (Diluted) 0.57 0.37 +54.1%
Wtd Avg Shares (Basic) (Q) — — —
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Wtd Avg Shares (Basic) 239,273 262,432 -8.8%
Wtd Avg Shares (Diluted) (Q) — — —
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Wtd Avg Shares (Diluted) 253,597 277,193 -8.5%
Comprehensive Income (Q) — — —
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Comprehensive Income 141 106 +33.0%
Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income -3 — —
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Other Comprehensive Income -3 — —

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
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Cash & Cash Equivalents 631 1,558 -59.5%
Marketable Securities (Current) (Q) — — —
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Marketable Securities (Current) 59 72 -18.1%
Accounts Receivable (Q) — — —
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Accounts Receivable 1,095 974 +12.4%
Restricted Cash And Cash Equivalents At Carrying Value (Q) — — —
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Restricted Cash And Cash Equivalents At Carrying Value 110 130 -15.4%
Prepaid Expenses & Other Current Assets (Q) — — —
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Prepaid Expenses & Other Current Assets 197 — —
Total Current Assets (Q) — — —
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Total Current Assets 2,091 2,873 -27.2%
Non-Current Assets
Marketable Securities (Non-Current) (Q) — — —
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Marketable Securities (Non-Current) 63 — —
Restricted Cash And Cash Equivalents Noncurrent (Q) — — —
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Restricted Cash And Cash Equivalents Noncurrent 18 15 +20.0%
Property, Plant & Equipment (Q) — — —
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Property, Plant & Equipment 219 — —
Operating Lease Right-of-Use Assets (Q) — — —
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Operating Lease Right-of-Use Assets 28 18 +55.6%
Goodwill (Q) — — —
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Goodwill 393 — —
Deferred Tax Assets (Q) — — —
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Deferred Tax Assets 626 780 -19.7%
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 37 29 +27.6%
Total Assets (Q) — — —
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Total Assets 3,535 4,292 -17.6%
Intangible Assets (Q) — — —
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Intangible Assets 60 — —
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 37 — —
Developed Technology Rights 13 — —
Other Intangible Assets 1 — —
Patents 9 — —
Other Assets
Intangible Assets Net Excluding Goodwill (Q) — — —
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Intangible Assets Net Excluding Goodwill 60 47 +27.7%
Current Liabilities
Accounts Payable (Q) — — —
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Accounts Payable 48 77 -37.7%
Accrued Liabilities (Q) — — —
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Accrued Liabilities 604 580 +4.1%
Operating Lease Liability Current (Q) — — —
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Operating Lease Liability Current 2 13 -84.6%
Deferred Revenue (Current) (Q) — — —
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Deferred Revenue (Current) 230 217 +6.0%
Total Current Liabilities (Q) — — —
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Total Current Liabilities 885 887 -0.2%
Non-Current Liabilities
Operating Lease Liabilities (Q) — — —
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Operating Lease Liabilities 32 9 +255.6%
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 24 32 -25.0%
Total Liabilities (Q) — — —
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Total Liabilities 941 928 +1.4%
Other Liabilities
Temporary Equity Carrying Amount Attributable To Parent (Q) — — —
Show Statement Class Of Stock breakouts
Series A Redeemable Convertible Preferred Stock 198 188 +5.3%
Stockholders' Equity
Additional Paid-In Capital (Q) — — —
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Additional Paid-In Capital 7,143 6,758 +5.7%
Accumulated Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income -4 -9 +55.6%
Retained Earnings (Q) — — —
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Retained Earnings -4,744 -3,573 -32.8%
Total Stockholders' Equity (Q) — — —
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Accumulated Other Comprehensive Income -4 -9 +55.6%
Additional Paid In Capital 7,143 6,758 +5.7%
Retained Earnings -4,744 -3,573 -32.8%
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Total Stockholders' Equity 2,395 3,176 -24.6%
Total Liabilities & Equity (Q) — — —
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Total Liabilities & Equity 3,535 4,292 -17.6%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization (Q) — — —
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Depreciation & Amortization 30 19 +57.9%
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Property Plant And Equipment 1 2 -50.0%
Stock-Based Compensation (Q) — — —
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Stock-Based Compensation 80 66 +21.2%
Asset Impairment Charges (Q) — — —
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Asset Impairment Charges 6 6 0.0%
Provision For Doubtful Accounts (Q) — — —
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Provision For Doubtful Accounts 3 4 -25.0%
Operating Lease Right Of Use Asset Amortization Expense (Q) — — —
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Operating Lease Right Of Use Asset Amortization Expense 1 3 -66.7%
Deferred Income Taxes (Q) — — —
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Deferred Income Taxes 38 -2 +2000.0%
Other Non-Cash Items (Q) — — —
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Other Non-Cash Items 2 — —
Change in Accounts Receivable (Q) — — —
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Change in Accounts Receivable 28 36 -22.2%
Change in Prepaid & Other Assets (Q) — — —
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Change in Prepaid & Other Assets -9 28 -132.1%
Change in Accounts Payable (Q) — — —
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Change in Accounts Payable -22 -3 -633.3%
Increase Decrease In Accrued Liabilities And Other Operating Liabilities (Q) — — —
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Increase Decrease In Accrued Liabilities And Other Operating Liabilities -51 22 -331.8%
Change in Deferred Revenue (Q) — — —
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Change in Deferred Revenue 19 17 +11.8%
Increase Decrease In Operating Lease Liability (Q) — — —
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Increase Decrease In Operating Lease Liability -1 -3 +66.7%
Change in Other Liabilities (Q) — — —
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Change in Other Liabilities 1 -1 +200.0%
Net Cash from Operations (Q) — — —
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Net Cash from Operations 268 298 -10.1%
Investing Activities
Payments To Acquire Marketable Securities (Q) — — —
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Payments To Acquire Marketable Securities -4 -62 +93.5%
Proceeds From Sale And Maturity Of Marketable Securities (Q) — — —
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Proceeds From Sale And Maturity Of Marketable Securities 12 81 -85.2%
Capital Expenditures (Q) — — —
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Capital Expenditures -16 -18 +11.1%
Net Cash from Investing (Q) — — —
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Net Cash from Investing -8 1 -900.0%
Share Based Payment Arrangement Amount Capitalized As Internal Use Software (Q) — — —
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Share Based Payment Arrangement Amount Capitalized As Internal Use Software 11 11 0.0%
Financing Activities
Tax Withholding for Share Compensation (Q) — — —
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Tax Withholding for Share Compensation -4 -8 +50.0%
Proceeds From Stock Options Exercised (Q) — — —
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Proceeds From Stock Options Exercised 3 4 -25.0%
Changes In Advances From Payment Card Issuer (Q) — — —
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Changes In Advances From Payment Card Issuer 31 47 -34.0%
Share Repurchases (Q) — — —
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Share Repurchases -359 -89 -303.4%
Net Cash from Financing (Q) — — —
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Net Cash from Financing -328 -46 -613.0%
Supplemental
Income Taxes Paid (Q) — — —
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Income Taxes Paid -6 21 -128.6%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) — — —
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -1 1 -200.0%
Net Change in Cash (Q) — — —
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Net Change in Cash -68 254 -126.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 758 1,703 -55.5%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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