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Maplebear (Maplebear) Net Income : $-1,620 Mil (TTM As of Mar. 2024)


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What is Maplebear Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Maplebear's Net Income for the three months ended in Mar. 2024 was $130 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,620 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Maplebear's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.42.


Maplebear Net Income Historical Data

The historical data trend for Maplebear's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Maplebear Net Income Chart

Maplebear Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-70.00 -73.00 428.00 -1,622.00

Maplebear Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.00 114.00 -1,999.00 135.00 130.00

Maplebear Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Maplebear's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2061+439+0+0
=-1,622

Maplebear's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=165+-35+0+0
=130

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,620 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Maplebear  (NAS:CART) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Maplebear's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Maplebear Net Income Related Terms

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Maplebear (Maplebear) Business Description

Traded in Other Exchanges
N/A
Address
50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear, which does business as Instacart, is an online grocery pickup and delivery service provider currently in the United States and Canada. Instacart partners with local and national grocers who provide their selection of food and other goods to customers through Instacart's mobile app or website. After a customer places an order, an independent personal shopper employed by Instacart will pick the order and either prepare it for pickup or deliver it to the customer's chosen location. Instacart's revenue model consists of transaction revenue in the form of retailer and customer fees, as well as advertising revenue from brand advertising on Instacart platforms.
Executives
Ravi Gupta director, 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Grosvenor Capital Management, L.p. other: See Explanation of Responses 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Sc Us/e Expansion Fund I Management, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Apoorva Mehta 10 percent owner C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105
Sequoia Capital U.s. Venture Partners Fund Xiv (q), L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sc Us (ttgp), Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
D1 Capital Partners L.p. director, 10 percent owner, other: See Remarks 9 WEST 57TH STREET, 36TH FLOOR, NEW YORK NY 10019
Sequoia Capital Us/e Expansion Fund I, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Global Growth Fund Ii, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Gcm Grosvenor Inc. other: See Explanation of Responses 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm Special Opportunities Master Fund, Ltd. other: See Explanation of Responses PO BOX 309 UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Gcm Grosvenor Equity Opportunities Master Fund, L.p. other: See Explanation of Responses C/O GROSVENOR CAPITAL MANAGEMENT, L.P., 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm V, Llc other: See Explanation of Responses C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Michael Jay Sacks other: See Explanation of Responses 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Scggf Iii - U.s./india Management, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025