Financials in USD. Standardized financial statements.
A compact view of how Instacart (Maplebear Inc.) turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $3.74B | $3.38B | $3.04B | $2.55B | $1.83B | $1.48B | $214.00M |
| Revenue Growth? | +10.8% | +11.0% | +19.2% | +39.1% | +24.2% | +590.2% | 0.0% |
| Cost of Revenue? | $984.00M | $836.00M | $764.00M | $720.00M | $608.00M | $598.00M | $232.00M |
| Gross Profit? | $2.76B | $2.54B | $2.28B | $1.83B | $1.23B | $879.00M | -$18.00M |
| Gross Margin? | +73.7% | +75.3% | +74.9% | +71.8% | +66.8% | +59.5% | -8.4% |
| Operating Expenses? | $2.26B | $2.05B | $4.42B | $1.77B | $1.31B | $954.00M | $538.00M |
| Operating Income? | $498.00M | $489.00M | -$2.14B | $62.00M | -$86.00M | -$75.00M | -$556.00M |
| EBITDA? | $597.00M | $556.00M | -$2.08B | $109.00M | -$59.00M | -$55.00M | -$551.00M |
| Income Before Tax | $556.00M | $552.00M | -$2.06B | $71.00M | -$72.00M | -$70.00M | -$531.00M |
| Income Tax Expense | $109.00M | $95.00M | -$439.00M | -$357.00M | $1.00M | $0 | $0 |
| Net Income? | $447.00M | $457.00M | -$1.62B | $428.00M | -$73.00M | -$70.00M | -$531.00M |
| EPS? | $1.71 | $1.69 | $-12.43 | $0.28 | $-0.26 | $-0.25 | $-9.71 |
| Diluted EPS? | $1.60 | $1.58 | $-12.43 | $0.28 | $-0.26 | $-0.25 | $-9.71 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality