Instacart (Maplebear Inc.)
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Instacart (Maplebear Inc.)'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 19% to $3,042,000,000. Profit margin reached -53%. Total operating expenses were $4,420,000,000.

Profit Margin

Instacart (Maplebear Inc.) (NASDAQ:CART): Profit margin
2019 214M -531M -248.13%
2020 1.47B -70M -4.74%
2021 1.83B -73M -3.98%
2022 2.55B 428M 16.78%
2023 3.04B -1.62B -53.32%

CART Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
3.04B2.55B1.83B1.47B214M
Cost of revenue
764M720M608M598M232M
Gross profit
2.27B1.83B1.22B879M-18M
Operating exp.
Research and development
2.31B518M368M194M127M
Selling and marketing
961M660M394M158M90M
Total operating expenses
4.42B1.76B1.31B954M538M
Operating income
-2.14B62M-86M-75M-556M
Other income (expenses), net
81M-8M12M4M25M
Income before tax
-2.06B71M-72M-70M-531M
Income tax expense
-439M-357M1M-1M0
Net income
-1.62B428M-73M-70M-531M
Earnings per share
Basic EPS
-12.431.55-0.26-0.25-9.71
Diluted EPS
-12.431.55-0.26-0.25-9.71
Data source