Maplebear Inc

For the period ended Mar 31, 2024. Filed May 10, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 10, 2024

CART$58.47+0.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations

(in millions, except share amounts, which are reflected in thousands, and per share amounts)

	Three Months Ended March 31,
	2023	2024
Revenue	$759	$820
Cost of revenue	177	206
Gross profit	582	614
Operating expenses:
Operations and support	67	73
Research and development	127	115
Sales and marketing	161	184
General and administrative	77	98
Total operating expenses	432	470
Income from operations	150	144
Other expense, net	—	(1)
Interest income	14	22
Income before provision for income taxes	164	165
Provision for income taxes	36	35
Net income	$128	$130
Undistributed earnings attributable to preferred stockholders	(128)	—
Accretion related to Series A redeemable convertible preferred stock	—	(2)
Net income attributable to common stockholders, basic	$—	$128
Accretion related to Series A redeemable convertible preferred stock	—	2
Net income attributable to common stockholders, diluted	$—	$130
Net income per share attributable to common stockholders:
Basic	$—	$0.47
Diluted	$—	$0.43
Weighted-average shares used in computing net income per share attributable to common stockholders:
Basic	72,179	274,763
Diluted	72,179	302,126

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.