Maplebear Inc. (Instacart) financials

Key figures from Maplebear Inc. (Instacart)'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$1.0B$914M+14.1%
Net income$111M$116M-4.3%
Free cash flow$481M$187M+157.2%
Gross margin72.0%74.2%-2.2 pts
Operating margin13.7%13.6%+0.1 pts
Net margin10.6%12.7%-2.0 pts

Quarterly trend

Revenue by quarter
$764MSep 2023$803MDec 2023*$820MMar 2024$823MJun 2024$852MSep 2024$883MDec 2024*$897MMar 2025$914MJun 2025$939MSep 2025$992MDec 2025*$1.0BMar 2026$1.0BJun 2026
Net income by quarter
-$2.0BSep 2023$135MDec 2023*$130MMar 2024$61MJun 2024$118MSep 2024$148MDec 2024*$106MMar 2025$116MJun 2025$144MSep 2025$81MDec 2025*$144MMar 2026$111MJun 2026
Free cash flow by quarter
$95MSep 2023$217MDec 2023*$91MMar 2024$220MJun 2024$171MSep 2024$141MDec 2024*$280MMar 2025$187MJun 2025$272MSep 2025$171MDec 2025*$252MMar 2026$481MJun 2026
Margins by quarter
-381%-123%135%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 202673.4%75.7%74.9%75.7%75.2%75.2%74.8%74.2%73.7%72.3%72.4%72.0%-321.6%5.7%17.6%6.3%16.2%17.6%12.3%13.6%17.7%9.9%17.9%13.7%-261.6%16.8%15.9%7.4%13.8%16.8%11.8%12.7%15.3%8.2%14.1%10.6%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$3.7B$447M11.9%$910M$1.60
FY Dec 2024$3.4B$457M13.5%$623M$1.58
FY Dec 2023$3.0B-$1.6B-53.3%$532M-$12.43
FY Dec 2022$2.6B$428M16.8%$253M$0.96
FY Dec 2021$1.8B-$73M-4.0%-$217M-$1.12

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

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