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Maplebear (CART) operating margin by quarter

Maplebear's operating margin was 15.9% in Q3 2026 (third quarter 2026), +2.2 pts from Q2 2026. Over the last 7 quarters it ranged from 9.8% (Q4 2025) to 17.9% (Q1 2026).

Maplebear operating margin by quarterMaplebear operating margin by quarter12.3%Q1 202513.6%Q2 202517.7%Q3 20259.8%Q4 202517.9%Q1 202613.7%Q2 202615.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202615.9%+2.2 pts-1.8 pts
Q2 202613.7%-4.2 pts+0.1 pts
Q1 202617.9%+8.1 pts+5.6 pts
Q4 20259.8%-7.9 pts—
Q3 202517.7%+4.1 pts—
Q2 202513.6%+1.3 pts—
Q1 202512.3%——

Q3 2026 at a glance

Maplebear, Q3 2026: revenue $1.1B (+17% year over year), operating margin 15.9%, net earnings $147M, operating cash flow $323M. The chart follows the revenue to costs, profit and cash.

Questions

What is Maplebear's operating margin?

Maplebear's operating margin was 15.9% in Q3 2026 (third quarter 2026), +2.2 pts from Q2 2026.

How has Maplebear's operating margin changed?

Over the last 7 quarters it ranged from 9.8% (Q4 2025) to 17.9% (Q1 2026).

Q3 2026 results → · How Maplebear makes money →