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Maplebear (CART) Q3 FY2026 earnings: revenue $1.1 billion, up 16.6% on the year

Maplebear Inc. (CART) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 29 October 2026. Revenue was $1.1 billion, up 16.6% on the same quarter a year earlier. Net income was $147 million, up 2.1% on the year, and diluted earnings per share $0.60. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

Revenue$1.1 billionup 16.6%
Net income$147 millionup 2.1%
Diluted EPS$0.60$0.51 a year earlier
QuarterQ3 FY2026ended 30 September 2026

What management said

  • GTV and orders both grew: GTV reached $10,528 million, up 15% year-over-year, and orders reached 91.4 million, up 10%.
  • Advertising revenue grew fastest: Advertising and other revenue reached $331 million, up 23%, outpacing total revenue growth of 17%. It was 3.1% of GTV, up from 2.9% in the second quarter release.
  • Gross margin fell to 72%: GAAP gross profit was $786 million, up 14%, equal to 72% of total revenue against 74% a year earlier, and 7.5% of GTV.
Read the earnings call summary

The quarter, against the one before and a year earlier

LineQ3 FY2026Q2 FY2026Q3 FY2025Change on the year
Revenue1,0951,043939+16.6%
Net income147111144+2.1%
Diluted EPS$0.60$0.45$0.51+17.6%
$ million except per share.
Read moreQ3 FY2026 is from the company's press release of 29 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right.

Quarterly results, the last 15 quarters filed

Q3 FY2022Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue6687597167648038208238528838979149399921,0191,043
Cost of revenue183177189203195206200211219226236247275281292
Gross profit485582527561608614623641664671678692717738751
Gross margin73%77%74%73%76%75%76%75%75%75%74%74%72%72%72%
R&D1271271301,850205115185149155144166169171164202
Operating income33.0150119-2,45746.014452.013815511012416698.0182143
Operating margin5%20%17%-322%6%18%6%16%18%12%14%18%10%18%14%
Pre-tax income33.0164142-2,43972.016568.0153166124142181109n/an/a
Tax rate-9%22%20%n/a-88%21%10%23%11%15%18%20%26%n/an/a
Net income36.0128114-1,99913513061.011814810611614481.0144111
Net margin5%17%16%-262%17%16%7%14%17%12%13%15%8%14%11%
Diluted EPS$0.00$0.00$0.00-$20.86$8.43$0.43$0.20$0.42$0.53$0.37$0.41$0.51$0.31$0.57$0.45
Operating cash flown/a70.0172111233105244185153298203287183268494
Capital expendituren/a9.013.016.016.014.024.014.012.018.016.015.012.016.013.0
Free cash flown/a61.015995.021791.0220171141280187272171252481
Buybacksn/a0.00.00.036.07153253575.089.012162.01,114359324
Shares outstanding280m265m261m280m279m266m264m257m261m263m263m266m243m237m233m
Filing10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless. EPS is as filed for each quarter. A split or a bonus issue changes the share count, so quarters before it are on the old count.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 29 October 2026 with a Form 8-K: the release.