Instacart (Maplebear)'s Income Statement Analysis: Revenue to Profit Breakdown
Instacart (Maplebear)'s Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$1.83 B | $2.55 B | $3.04 B | $3.38 B | $3.74 B | $3.86 B |
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Cost of Revenue Direct cost of goods/services. |
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$608.00 M | $720.00 M | $764.00 M | $836.00 M | $989.00 M | $1.05 B |
Gross Profit Revenue minus cost of revenue. |
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$1.23 B | $1.83 B | $2.28 B | $2.54 B | $2.75 B | $2.82 B |
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Operating Expense
Costs to run business. |
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$1.31 B | $1.77 B | $4.42 B | $1.78 B | $2.18 B | $2.25 B |
Research and Development Investment in innovation. |
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$368.00 M | $518.00 M | $2.31 B | $604.00 M | $648.00 M | $670.00 M |
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Sales, General and Administrative
Selling and admin costs. |
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$934.00 M | $999.00 M | $2.10 B | $1.17 B | $1.53 B | $1.31 B |
General and Administrative Corporate overhead costs. |
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$288.00 M | $339.00 M | $803.00 M | $363.00 M | - | $444.00 M |
Sales and Marketing Customer acquisition costs. |
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$394.00 M | $660.00 M | $961.00 M | $808.00 M | - | $867.00 M |
Other Expenses Other operating costs. |
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$10.00 M | $252.00 M | $6.00 M | - | - | $266.00 M |
Operating Income Profit from operations. |
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-$27.00 M | $62.00 M | -$2.14 B | $489.00 M | $576.00 M | $572.00 M |
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Net Interest Income
Interest income minus expense. |
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$2.00 M | $17.00 M | $81.00 M | $66.00 M | $57.00 M | $49.00 M |
Interest Income Income from investments. |
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$2.00 M | $17.00 M | $81.00 M | $66.00 M | $57.00 M | $49.00 M |
Interest Expense Cost of borrowing. |
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- | - | - | - | - | - |
Non-Operating Income (ex-Int) Income outside core operations. |
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$45.00 M | - | - | - | - | -$14.00 M |
Total Other Income (Net) Net non-operating items. |
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-$45.00 M | $9.00 M | $81.00 M | $63.00 M | -$20.00 M | $48.00 M |
Income Before Tax Profit before taxes. |
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-$72.00 M | $71.00 M | -$2.06 B | $552.00 M | $556.00 M | $620.00 M |
Income Tax Expense Taxes on income. |
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$1.00 M | -$357.00 M | -$439.00 M | $95.00 M | $109.00 M | $135.00 M |
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Net Income
Final profit. |
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-$73.00 M | $428.00 M | -$1.62 B | $457.00 M | $447.00 M | $485.00 M |
Net Income From Continuing Operations Profit from core business. |
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-$73.00 M | $428.00 M | -$1.62 B | $457.00 M | $447.00 M | $485.00 M |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | -$9.00 M | - | -$4.00 M |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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-$0.26 | $0.28 | -$12.43 | $1.69 | $1.71 | $1.87 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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-$0.26 | $0.28 | -$12.43 | $1.58 | $1.60 | $1.79 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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276.65 M | 276.65 M | 130.62 M | 264.64 M | 261.35 M | 239.27 M |
Diluted Average Shares Outst. Shares including dilution. |
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276.65 M | 276.65 M | 130.62 M | 289.16 M | 279.62 M | 253.60 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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-$72.00 M | $62.00 M | -$2.14 B | $489.00 M | $576.00 M | $586.00 M |
EBITDA Earnings before interest, tax, D&A. |
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-$45.00 M | $109.00 M | -$2.09 B | $556.00 M | $675.00 M | $693.00 M |
Depreciation and Amortization Non-cash expense for assets. |
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$27.00 M | $47.00 M | $57.00 M | $67.00 M | $99.00 M | $107.00 M |
| Company Report |
Instacart (Maplebear)'s Assets vs Liabilities & Equity
Instacart (Maplebear)'s Assets vs Liabilities & Equity
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