Maplebear profit margin CART
Gross, operating and net profit as a share of revenue over the last twelve months, from 2023.
- Net margin, 12 months
- 12.0%
- Operating margin, 12 months
- 14.7%
- Net margin on a year earlier
- −1.7 pts
- Peer median
- 11.3%
Over the twelve months to Jun 30, 2026, Maplebear kept 12.0% of its revenue as net profit, with an operating margin of 14.7% and a gross margin of 72.6%.
The median for 10 credit services stocks of a similar size is 11.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.9% | 13.3% | 73.7% |
| FY2024 | 13.5% | 14.5% | 75.3% |
| FY2023 | −53.3% | −70.4% | 74.9% |
| FY2022 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.0% | −1.7 pts | 14.7% | |
| Q1 FY26 | 12.6% | +0.0 pts | 14.7% | |
| Q4 FY25 | 11.9% | −1.6 pts | 13.3% | |
| Q3 FY25 | 14.1% | +0.7 pts | 15.3% | |
| Q2 FY25 | 13.8% | +65.9 pts | 14.9% | |
| Q1 FY25 | 12.5% | +64.7 pts | 13.2% | |
| Q4 FY24 | 13.5% | +66.8 pts | 14.5% | |
| Q3 FY24 | 13.5% | +56.6 pts | 11.5% | |
| Q2 FY24 | −52.1% | −77.8 pts | −69.0% | |
| Q1 FY24 | −52.2% | n/a | −69.2% | |
| Q4 FY23 | −53.3% | n/a | −70.4% | |
| Q3 FY23 | −43.1% | n/a | −69.6% |
Against its peers
Companies in Financial - Credit Services nearest Maplebear's size, closest first, today.
| Company | Profit margin |
|---|---|
| CARTMaplebear | 12.0% |
| CSGPCostar | 2.1% |
| RBARB Global | 10.0% |
| SOFISoFi Technologies | 14.8% |
| HQYHealthequity | 17.4% |
| ETSYEtsy | 7.3% |
| GPNGlobal Payments | −9.1% |
| ZGZillow | 2.0% |
| AFRMAffirm | 45.3% |
| SYFSynchrony Financial | 18.3% |
| WEXWEX | 12.6% |
| Peer median | 11.3% |
Where Maplebear ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Maplebear
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.