Filing Flows › Maplebear (CART) › Q3 2026 › vs Q2 2026
Maplebear (CART) Q3 2026 vs Q2 2026 (quarter over quarter)
Maplebear's revenue rose $52.0M (+5%) from $1.0B in Q2 2026 to $1.1B in Q3 2026. The biggest changes: Advertising and other +$34.0M (+11%); Transaction +$18.0M (+2%). Gross margin 71.8% against 72.0% (-0.2 pts).
Maplebear, Q3 2026: revenue $1.1B (+17% year over year), operating margin 15.9%, net earnings $147M, operating cash flow $323M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 71.8% | 72.0% | -0.2 pts |
| Operating margin | 15.9% | 13.7% | +2.2 pts |
| Net margin | 13.4% | 10.6% | +2.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Transaction | $764M | $746M | $18.0M | +2% |
| Advertising and other | $331M | $297M | $34.0M | +11% |
| Revenue | $1.1B | $1.0B | $52.0M | +5% |
| Gross profit | $786M | $751M | $35.0M | +5% |
| Cost of revenue | $309M | $292M | $17.0M | +6% |
| Other income, net | $7.0M | $4.0M | $3.0M | +75% |
| Operating profit | $174M | $143M | $31.0M | +22% |
| Operating expenses | $612M | $608M | $4.0M | +0.7% |
| Pre-tax earnings | $181M | $147M | $34.0M | +23% |
| Research & development | $194M | $202M | −$8.0M | -4% |
| Sales & marketing | $242M | $233M | $9.0M | +4% |
| General & admin | $106M | $98.0M | $8.0M | +8% |
| Other operating costs | $70.0M | $75.0M | −$5.0M | -7% |
| Net earnings | $147M | $111M | $36.0M | +32% |
| Income tax | $34.0M | $36.0M | −$2.0M | -6% |
| Depreciation & amortization | $35.0M | $32.0M | $3.0M | +9% |
| Share-based compensation | $120M | $141M | −$21.0M | -15% |
| Working capital & other | $21.0M | $210M | −$189M | -90% |
| Operating cash flow | $323M | $494M | −$171M | -35% |
Questions
How much did Maplebear's revenue grow quarter over quarter in Q3 2026?
Maplebear's revenue rose $52.0M (+5%) from $1.0B in Q2 2026 to $1.1B in Q3 2026.
What drove Maplebear's revenue change in Q3 2026?
Advertising and other +$34.0M (+11%); Transaction +$18.0M (+2%).