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CART · Nasdaq · United States · Services-Business Services, Nec
In shortMaplebear Inc. is profitable.
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 13.3% | 61/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 11.9% | 68/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 15.9% | 80/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.40× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.94 | 21/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 24.3% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.04× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 4 | 100/100 |
| Revenue growth volatility | 13.3% | 62/100 |
| Operating margin volatility | 35.2% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 13.6% | 92/100 |
|---|---|---|
| EPS growth, 3-year average | 18.6% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,834 | 2,551 | 3,042 | 3,378 | 3,742 |
| Cost of revenue | 608 | 720 | 764 | 836 | 984 |
| Gross profit | 1,226 | 1,831 | 2,278 | 2,542 | 2,758 |
| Research & development | 368 | 518 | 2,312 | 604 | 650 |
| Operating income | (86) | 62 | (2,142) | 489 | 498 |
| Pre-tax income | (72) | 71 | (2,061) | 552 | 556 |
| Income tax | 1 | (357) | (439) | 95 | 109 |
| Net income | (73) | 428 | (1,622) | 457 | 447 |
| Diluted EPS | −$1.12 | $0.96 | −$12.43 | $1.58 | $1.60 |
| Diluted shares (millions) | 66 | 101 | 131 | 289 | 280 |
1.94 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 7, 2026