📊 CART Key Takeaways
Is Maplebear Inc. (CART) a Good Investment?
Maplebear demonstrates fortress-like financial health with zero debt, strong 72.4% gross margins, and exceptional free cash flow conversion (24.7% FCF margin). Fundamentals reflect a capital-efficient business generating $252M annual free cash flow despite modest revenue growth, though low ROE suggests untapped capital deployment potential.
Maplebear shows strong fundamental quality with high gross margins, double-digit revenue growth, solid operating profitability, and exceptional free cash flow generation. The balance sheet is very strong, with substantial cash, no long-term debt, and ample liquidity, which supports resilience and strategic flexibility. The main constraint is that earnings growth is trailing revenue growth, suggesting investors should watch for margin durability and operating leverage.
Maplebear Inc. Key Strengths (CART)
- Exceptional gross margin of 72.4% indicates strong competitive positioning or high-margin service model
- Outstanding free cash flow generation of $252M with 24.7% FCF margin on $1B revenue
- Zero long-term debt with $631M cash reserves and 2.36x current ratio provides financial flexibility
- Strong operating cash flow of $268M with minimal capital requirements ($16M CapEx)
- High-margin business model with 73.7% gross margin and 13.3% operating margin
- Excellent financial health with $637M cash, 2.40x current ratio, and no long-term debt
- Strong cash generation with $910M free cash flow and 24.3% FCF margin
CART Stock Risks: Maplebear Inc. Investment Risks
- Low return on equity (6.0%) and return on assets (4.1%) indicate inefficient capital deployment despite profitability
- Modest revenue growth of 10.8% YoY and minimal EPS growth of 1.3% suggest limited expansion trajectory
- Diluted EPS growing slower than revenue implies share dilution or margin compression headwinds
- Net income growth of 2.1% lags revenue growth of 10.8%, indicating possible margin pressure
- Operating margin remains moderate relative to very high gross margin, implying continued cost discipline is necessary
- Growth quality needs monitoring to ensure cash flow strength remains supported by sustainable core operations
Key Metrics to Watch
- Return on Equity trajectory and capital allocation decisions
- Revenue growth rate sustainability and margin maintenance
- Operating cash flow to net income ratio for earnings quality
- Operating margin and net margin trend
- Revenue growth versus free cash flow growth
Maplebear Inc. (CART) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 24.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.36x current ratio provides a solid financial cushion.
CART Profit Margin, ROE & Profitability Analysis
CART vs Services Sector: How Maplebear Inc. Compares
How Maplebear Inc. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Maplebear Inc. Stock Overvalued? CART Valuation Analysis 2026
Based on fundamental analysis, Maplebear Inc. has mixed fundamental signals relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Maplebear Inc. Balance Sheet: CART Debt, Cash & Liquidity
CART Revenue & Earnings Growth: 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 Revenue Growth, EPS Growth & YoY Performance
CART Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $897.0M | $106.0M | $0.37 |
| 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.
Maplebear Inc. Dividends, Buybacks & Capital Allocation
CART SEC Filings: Latest 10-K & 10-Q Analysis
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 a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CART's key strengths?
Claude: Exceptional gross margin of 72.4% indicates strong competitive positioning or high-margin service model. Outstanding free cash flow generation of $252M with 24.7% FCF margin on $1B revenue. ChatGPT: High-margin business model with 73.7% gross margin and 13.3% operating margin. Excellent financial health with $637M cash, 2.40x current ratio, and no long-term debt.
What are the risks of investing in CART?
Claude: Low return on equity (6.0%) and return on assets (4.1%) indicate inefficient capital deployment despite profitability. Modest revenue growth of 10.8% YoY and minimal EPS growth of 1.3% suggest limited expansion trajectory. ChatGPT: Net income growth of 2.1% lags revenue growth of 10.8%, indicating possible margin pressure. Operating margin remains moderate relative to very high gross margin, implying continued cost discipline is necessary.
What is CART's revenue and growth?
Maplebear Inc. reported revenue of $1.0B.
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 $0.57.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is CART's fundamental grade?
Based on our AI fundamental analysis in June 2026, Maplebear Inc. has a A grade with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is CART stock overvalued or undervalued?
Valuation metrics for CART: ROE of 6.0% (sector avg: 16%), net margin of 14.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is CART's AI grade for 2026?
Our dual AI analysis gives Maplebear Inc. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is CART's free cash flow?
Maplebear Inc.'s operating cash flow is $268.0M, with capital expenditures of $16.0M. FCF margin is 24.7%.
How does CART compare to other Services stocks?
Vs Services sector averages: Net margin 14.1% (avg: 10%), ROE 6.0% (avg: 16%), current ratio 2.36 (avg: 1.5).