Filing Flows › Maplebear (CART) › Q3 2026
Maplebear (CART) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Maplebear (CART) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), +17% from a year earlier and +5% from the quarter before. Operating margin was 15.9%, net earnings $147M (13.4% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +5% | +17% |
| Gross profit | $786M | +5% | +14% |
| Operating profit | $174M | +22% | +5% |
| Net earnings | $147M | +32% | +2% |
| Operating cash flow | $323M | -35% | +13% |
| Free cash flow | $306M | — | +12% |
What changed
Revenue was $1.1B in Q3 2026, up 17% year over year and up 5% from the previous quarter. Transaction was the largest line at 70% of revenue. Transaction added $0.09B year over year (up 14%), 60% of the total change.
Gross margin was 71.8%, down 1.9 points from Q3 2025. Operating profit was $0.17B, a 15.9% margin (down 1.8 points year over year). Of the extra revenue versus Q3 2025, 5% reached operating profit, below the 18% margin then. Operating expenses grew 16% against revenue growth of 17%. The fastest-growing cost line was General & admin (+22%). Net earnings were $0.15B, up 2% year over year. The effective tax rate was 18.8%.
Operating cash flow was $0.32B (up 13% year over year), 220% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.12B of share-based compensation. Working capital and other items added $0.02B. After purchases of property and equipment, including capitalized internal-use software ($0.02B), free cash flow as the company reports it was $0.31B.
Questions
What was Maplebear's revenue in the third quarter 2026?
Maplebear (CART) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), +17% from a year earlier and +5% from the quarter before.
Was Maplebear profitable in the third quarter 2026?
Operating profit was $174M (15.9% of revenue) and net earnings $147M.
Source: Maplebear 10-Q on SEC EDGAR.