Below are the financial statements of Maplebear, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 3,378a | 3,042a | 2,551a |
| Cost of revenue | -836a | -764a | -720a |
| Gross profit | 2,542a | 2,278a | 1,831a |
| Operating expenses | — | — | — |
| Operations and support | -278a | -344a | -252a |
| Research and development | -604a | -2,312a | -518a |
| Sales and marketing | -808a | -961a | -660a |
| General and administrative | -363a | -803a | -339a |
| Total operating expenses | -2,053a | -4,420a | -1,769a |
| Income (loss) from operations | 489a | -2,142a | 62a |
| Other expense, net | -3a | 0a | -8a |
| Interest income | 66a | 81a | 17a |
| Income (loss) before provision for (benefit from) income taxes | 552a | -2,061a | 71a |
| Provision for (benefit from) income taxes | -95a | -439a | -357a |
| Net income (loss) | 457a | -1,622a | 428a |
| Undistributed earnings attributable to preferred stockholders | 0a | 0a | -351a |
| Accretion related to Series A redeemable convertible preferred stock | -9a | -2a | 0a |
| Net income (loss) attributable to common stockholders, basic | 448a | -1,624a | 77a |
| Undistributed earnings reallocated to common stockholders | 0a | 0a | 20a |
| Net income (loss) attributable to common stockholders, diluted | 457a | -1,624a | 97a |
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