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CART (Maplebear) Gross Margin % : 75.20% (As of Dec. 2024)


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What is Maplebear Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Maplebear's Gross Profit for the three months ended in Dec. 2024 was $664 Mil. Maplebear's Revenue for the three months ended in Dec. 2024 was $883 Mil. Therefore, Maplebear's Gross Margin % for the quarter that ended in Dec. 2024 was 75.20%.


The historical rank and industry rank for Maplebear's Gross Margin % or its related term are showing as below:

CART' s Gross Margin % Range Over the Past 10 Years
Min: 59.51   Med: 71.78   Max: 75.25
Current: 75.25


During the past 5 years, the highest Gross Margin % of Maplebear was 75.25%. The lowest was 59.51%. And the median was 71.78%.

CART's Gross Margin % is ranked better than
95.76% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 37.05 vs CART: 75.25

Maplebear had a gross margin of 75.20% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Maplebear was 0.00% per year.


Maplebear Gross Margin % Historical Data

The historical data trend for Maplebear's Gross Margin % 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 Gross Margin % Chart

Maplebear Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
59.51 66.85 71.78 74.88 75.25

Maplebear Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.72 74.88 75.70 75.23 75.20

Competitive Comparison of Maplebear's Gross Margin %

For the Internet Retail subindustry, Maplebear's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maplebear's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Maplebear's Gross Margin % falls into.



Maplebear Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Maplebear's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=2542 / 3378
=(Revenue - Cost of Goods Sold) / Revenue
=(3378 - 836) / 3378
=75.25 %

Maplebear's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=664 / 883
=(Revenue - Cost of Goods Sold) / Revenue
=(883 - 219) / 883
=75.20 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Maplebear  (NAS:CART) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Maplebear had a gross margin of 75.20% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Maplebear Gross Margin % Related Terms

Thank you for viewing the detailed overview of Maplebear's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Maplebear Business Description

Traded in Other Exchanges
N/A
Address
50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear (Instacart) operates a leading grocery delivery platform in the United States and Canada. The company partners with various regional and national grocers, which offer their selection of food and other goods to customers through Instacart's ubiquitous platform. Once an item is ordered through Instacart's site, the item is picked and delivered to the customer's home by one of the platform's 600,000 shoppers, who are classified as independent contractors. Instacart earns fees based on average order value and leverages its platform's high usage to sell advertising, mainly to consumer-packaged goods companies. Instacart currently has about 8 million monthly active users (or orderers) on its platform.
Executives
Fidji Simo director, officer: President and CEO C/O SHOPIFY, INC., 151 O'CONNOR STREET, GROUND FLOOR, OTTAWA Z4 K2P 2L8
Morgan Fong officer: General Counsel & Secretary C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105
Alan Ramsay officer: Chief Accounting Officer C/O YELP INC., 140 NEW MONTGOMERY ST., 9TH FLOOR, SAN FRANCISCO CA 94105
Nick Giovanni officer: Chief Financial Officer C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105
Sequoia Capital Global Growth Fund Ii, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sc Us (ttgp), Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Partners Fund Xiv (q), L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Ravi Gupta director, 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Jeffrey D Jordan director 2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Sequoia Capital Us/e Expansion Fund I, L.p. 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
Gcm Special Opportunities Master Fund, Ltd. other: See Explanation of Responses PO BOX 309 UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
D1 Capital Partners L.p. director, 10 percent owner, other: See Remarks 9 WEST 57TH STREET, 36TH FLOOR, NEW YORK NY 10019
Gcm Grosvenor Inc. other: See Explanation of Responses 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Apoorva Mehta 10 percent owner C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105