📊 CART Key Takeaways
Investment Thesis
Maplebear demonstrates exceptional financial health with outstanding profitability metrics, strong revenue growth of 10.8% YoY, and robust free cash flow generation of $910M (24.3% FCF margin). The company maintains pristine balance sheet strength with zero debt, strong liquidity ratios of 2.40x, and solid ROE of 17.8%, indicating efficient capital deployment in a high-margin business model.
CART Strengths
- Exceptional gross margin of 73.7% demonstrates powerful pricing power and operational efficiency in service delivery
- Outstanding free cash flow generation of $910M with 24.3% FCF margin indicating sustainable business model
- Zero long-term debt with $637M cash position and 2.40x current ratio provides fortress balance sheet
- Solid double-digit revenue growth of 10.8% YoY combined with positive net income growth of 2.1%
- Strong returns on equity (17.8%) and assets (12.1%) show efficient capital utilization
- Operating cash flow of $971M significantly exceeds net income of $447M, indicating quality earnings
CART Risks
- Net income growth rate of 2.1% significantly lags revenue growth of 10.8%, suggesting margin compression or operational challenges
- Operating margin of 13.3% declined relative to gross margin of 73.7%, indicating elevated operating expenses
- Limited visibility into operating expense breakdown and potential cost structure headwinds
- Recent insider activity with 9 Form 4 filings in last 90 days warrants monitoring for potential directional signals
- Service-dependent business model may face scaling challenges or labor cost inflation pressures
Key Metrics to Watch
- Operating margin trend and operating expense growth rate relative to revenue
- Free cash flow conversion and capital expenditure requirements as business scales
- Revenue growth sustainability and gross margin stability in competitive environment
- Operating cash flow quality and working capital management
- Insider transaction patterns and share count dilution trends
CART Financial Metrics
💡 AI Analyst Insight
The 24.3% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.40x current ratio provides a solid financial cushion.
CART Profitability Ratios
CART vs Default Sector
How Maplebear Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CART Balance Sheet & Liquidity
CART 5-Year Financial Trend
5-Year Trend Summary: Maplebear Inc.'s revenue has grown significantly by 23% over the 5-year period, indicating strong business expansion. The most recent EPS of $-12.43 indicates the company is currently unprofitable.
CART Growth Metrics (YoY)
CART Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $852.0M | $61.0M | $0.42 |
| Q2 2025 | $823.0M | $61.0M | $0.20 |
| Q1 2025 | $820.0M | $106.0M | $0.37 |
| Q3 2024 | $764.0M | $61.0M | $0.42 |
| Q2 2024 | $716.0M | $61.0M | $0.00 |
| Q1 2024 | $759.0M | $128.0M | $0.00 |
| Q3 2023 | $668.0M | $8.0M | $0.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CART Capital Allocation
CART SEC Filings
Access official SEC EDGAR filings for Maplebear Inc. (CIK: 0001579091)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CART
What is the AI rating for CART?
Maplebear Inc. (CART) has an AI rating of STRONG BUY with 87% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CART's key strengths?
Exceptional gross margin of 73.7% demonstrates powerful pricing power and operational efficiency in service delivery. Outstanding free cash flow generation of $910M with 24.3% FCF margin indicating sustainable business model.
What are the risks of investing in CART?
Net income growth rate of 2.1% significantly lags revenue growth of 10.8%, suggesting margin compression or operational challenges. Operating margin of 13.3% declined relative to gross margin of 73.7%, indicating elevated operating expenses.
What is CART's revenue and growth?
Maplebear Inc. reported revenue of $3.7B.
Does CART pay dividends?
Maplebear Inc. does not currently pay dividends.
Where can I find CART SEC filings?
Official SEC filings for Maplebear Inc. (CIK: 0001579091) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CART's EPS?
Maplebear Inc. has a diluted EPS of $1.60.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.