Maplebear Inc. (CART)财务
NASDAQ · Technology · Software - Services · 员工3,600人 · CEO Chris Rogers
- 股价
- $56.45 -1.16%
- 市值
- $134亿
- 企业价值
- $126亿
- 最近财报
- Q3 '26 2026-10-29提交
- 下次财报
- 2027-02-11 EPS预期 $0.70
营收(TTM)$41.5亿+14.2% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)14.4%-0.8 百分点 对比去年同期营业利润 $5.99亿
净利润(TTM)$4.83亿-6.0% 对比去年同期税后,含营业外收益
自由现金流(TTM)$12.1亿+37.4% 对比去年同期资本支出 $5800万
稀释EPS(TTM)$1.92+4.9% 对比去年同期最近4个季度之和
净现金$8.93亿-47.2% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $134亿 EV $126亿
- 营收
- $41.5亿 过去12个月
- 营收增速
- +14% FY2026年一致预期
- 净利润率
- 11.6% 净利润 / 营收,TTM
- P/E
- 28.5× 预期 24.5×(FY2026)
- P/S
- 3.2× 股价 / 营收,TTM
- EV / EBITDA
- 16.8× TTM
- 自由现金流
- $12.1亿 过去12个月
- 净利润
- $4.83亿 过去12个月
- 营收预期
- $42.8亿 FY2026年一致预期
- 盈利
- 2027-02-11 营收预期 $11.3亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收超预期2.2%,EPS 低于预期4.8%营收$11亿,预期$10.7亿(+2.2%);EPS $0.60,预期$0.63(-4.8%)。
- 营收增长加速:同比16.6%Q3 '26营收$11亿,此前四个季度的平均值为12.6%。
- 营业利润率14.4%(TTM),较去年同期-0.8 百分点营收增长14.2%,营业利润增长7.9%。
- 资本支出占营收的1.4%(去年为1.7%)最近4个季度投入$5800万(同比-4.9%)。自由现金流$12.1亿,相当于净利润的250.3%。
- 股东回报$20.4亿 = 自由现金流的168.3%回购$20.4亿(去年为$2.77亿),股息$0,股权激励$4.41亿(TTM)。 超过自由现金流:由现金储备或举债支付。
- 稀释股数一年内减少12.6%Q3 '26稀释股数2.48亿,一年前为2.83亿。
- 净现金 $8.93亿现金 + 短期投资 $9.27亿,含租赁债务 $3400万;一年前净现金 $16.9亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $11亿 | $9.39亿 | +16.6% |
| 毛利率 | 71.8% | 73.7% | -1.9 百分点 |
| 营业利润 | $1.74亿 | $1.66亿 | +4.8% |
| 营业利润率 | 15.9% | 17.7% | -1.8 百分点 |
| 净利润 | $1.47亿 | $1.44亿 | +2.1% |
| 稀释EPS | $0.60 | $0.51 | +17.6% |
| 经营现金流 | $3.23亿 | $2.87亿 | +12.5% |
| 资本支出 | $1700万 | $1500万 | +13.3% |
| 自由现金流 | $3.06亿 | $2.72亿 | +12.5% |
| R&D | $1.94亿 | $1.69亿 | +14.8% |
| 股权激励费用 | $1.2亿 | $8100万 | +48.1% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $11亿 | $10.7亿 | +2.2% |
| EPS(一致预期口径) | $0.60 | $0.63 | -4.8% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Transaction | $7.46亿 | +13.2% | 71.5% | $28.5亿 | +12.5% | |
| Advertising And Other | $2.97亿 | +16.5% | 28.5% | $11.5亿 | +12.9% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $9.94亿 | +13.2% | 95.4% | $38.3亿 | +12.2% | |
| Non-US | $4800万 | +33.3% | 4.6% | $1.65亿 | +20.4% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $12.7亿
- 资本支出
- -$5800万
- 股票回购
- -$20.4亿
- 股息
- $0
- 收购
- -$5900万
- 债务净发行
- $0
- 股权激励费用
- $4.41亿
- 自由现金流
- $12.1亿
- 股东回报 / FCF
- 168.3%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 28.5× | 57.1× 5年中的3年 | 24.5× – 120.4× |
| EV / EBITDA | 16.8× | 32.8× 5年中的3年 | 15.4× – 66.0× |
| EV / 营收 | 3.0× | 2.7× | 0.3× – 4.5× |
| 股价 / FCF | 11.0× | 18.4× 5年中的4年 | 5.8× – 37.1× |
| 股价 / 净资产 | 5.1× | 3.3× | 0.8× – 4.7× |
| FCF收益率 | 9.1% | 6.2% | -2.4% – 17.3% |
| 投入资本回报率 | 17.5% | -3.4% | -42.1% – 14.4% |
| 净资产收益率 | 19.3% | 0.3% | -43.3% – 17.8% |
分析师
一致目标价 $58.47 (+3.6%)
区间 $45.00 – $77.00 · 评级 Buy
强烈买入0
买入17
持有11
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $42.8亿 | +14.4% | $2.30 | +43.8% | 24.5× | 24 |
| FY2027 | $47.5亿 | +11.0% | $2.98 | +29.4% | 19.0× | 24 |
| FY2028 | $52.6亿 | +10.8% | $3.55 | +19.3% | 15.9× | 20 |
| FY2029 | $56.7亿 | +7.7% | $4.22 | +18.9% | 13.4× | 9 |
| FY2030 | $60亿 | +5.9% | $4.90 | +16.2% | 11.5× | 9 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Maplebear Inc.在近期10-Q / 10-K文件中标记的全部244项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $6200万 | $6900万 | -10.1% | $7000万 | $8000万 | -12.5% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $9.79亿 | $10.4亿 | -6.1% | $11.3亿 | $10.1亿 | +11.1% |
| Accounts Receivable, Allowance for Credit Loss, Current | $200万 | $400万 | -50.0% | $300万 | $400万 | -25.0% |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | – | – | – | $1500万 | $1900万 | -21.1% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $300万 | $500万 | -40.0% | $1500万 | $1900万 | -21.1% |
| Accrued Advertising, Current | $6300万 | $8400万 | -25.0% | $5300万 | $7700万 | -31.2% |
| Accrued Liabilities, Current | $6.31亿 | $5.79亿 | +9.0% | $6.34亿 | $5.05亿 | +25.5% |
| Accrued Professional Fees, Current | $6600万 | $4500万 | +46.7% | $5100万 | $4600万 | +10.9% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1.71亿 | $9300万 | +83.9% | $1.27亿 | $7400万 | +71.6% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$700万 | -$100万 | -600.0% | -$100万 | -$900万 | +88.9% |
| Additional Paid in Capital | $72.9亿 | $68.7亿 | +6.1% | $70.1亿 | $66.9亿 | +4.8% |
| Adjustments to Additional Paid in Capital, Increase in Carrying Amount of Redeemable Preferred Stock | $200万 | $200万 | 0.0% | $900万 | $900万 | 0.0% |
| Advertising Expense | – | – | – | $4.85亿 | $4.57亿 | +6.1% |
| Amortization | $600万 | $600万 | 0.0% | $2500万 | $2600万 | -3.8% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 462万 | 75.7万 | +510.2% | 189万 | 241万 | -21.7% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1.51亿 | $1.17亿 | +29.1% | $3.94亿 | $3.35亿 | +17.6% |
| Asset Impairment Charges | $0 | $500万 | -100.0% | $2400万 | $0 | – |
| Assets | $35.1亿 | $44.3亿 | -20.8% | $36.9亿 | $41.2亿 | -10.4% |
| Assets, Current | $21.2亿 | $28.9亿 | -26.7% | $22亿 | $27亿 | -18.5% |
| Assets, Fair Value Disclosure | $5.65亿 | – | – | $4.46亿 | $9.75亿 | -54.3% |
| Business Combination, Acquisition Related Costs | – | – | – | $02025-04-30 | – | – |
| Capitalized Computer Software, Period Increase (Decrease) | $2400万2026-03-31 | $2600万 | -7.7% | $9800万 | $9100万 | +7.7% |
| Cash and Cash Equivalents, at Carrying Value | $7.57亿 | $14.9亿 | -49.2% | $6.37亿 | $12.8亿 | -50.2% |
| Cash and Cash Equivalents, Fair Value Disclosure | $4.36亿 | – | – | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $8.74亿 | $16.3亿 | -46.2% | $8.27亿 | $14.5亿 | -42.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.15亿 | -$7800万 | +247.4% | -$6.23亿 | -$8.44亿 | +26.2% |
| Common Stock, Capital Shares Reserved for Future Issuance | 1.02亿 | 1.02亿 | +0.1% | 9510万 | 9420万 | +1.0% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 20亿 | 20亿 | 0.0% | 20亿 | 20亿 | 0.0% |
| Common Stock, Shares, Issued | 2.33亿 | 2.63亿 | -11.5% | 2.43亿 | 2.61亿 | -6.9% |
| Common Stock, Shares, Outstanding | 2.33亿 | 2.63亿 | -11.5% | 2.43亿 | 2.61亿 | -6.9% |
| Common Stock, Value, Issued | $0 | $0 | – | $0 | $0 | – |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $1.08亿 | $1.24亿 | -12.9% | $4.55亿 | $4.45亿 | +2.2% |
| Contract with Customer, Liability, Current | $2.32亿 | $2.2亿 | +5.5% | $2.11亿 | $2亿 | +5.5% |
| Contract with Customer, Liability, Revenue Recognized | $6300万 | $6200万 | +1.6% | $1.99亿 | $1.95亿 | +2.1% |
| Conversion of Stock, Amount Converted | – | – | – | $0 | $0 | – |
| Cost of Goods and Services Sold | $2.92亿 | $2.36亿 | +23.7% | $9.84亿 | $8.36亿 | +17.7% |
| Current Federal Tax Expense (Benefit) | – | – | – | $100万 | $1800万 | -94.4% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $100万 | $600万 | -83.3% |
| Current Income Tax Expense (Benefit) | – | – | – | $1000万 | $3600万 | -72.2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $800万 | $1200万 | -33.3% |
| Debt Securities, Available-for-sale | $5.65亿 | $13亿 | -56.6% | $4.46亿 | $9.75亿 | -54.3% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $02025-09-30 | $0 | – | $02024-12-31 | $0 | – |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $02025-09-30 | $0 | – | $02024-12-31 | $0 | – |
| Debt Securities, Available-for-sale, Allowance for Credit Loss | $02025-12-31 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Amortized Cost | $5.65亿 | $13亿 | -56.6% | $4.46亿 | $9.75亿 | -54.3% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $3500万 | – | – | $8100万 | $0 | – |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One | $5.3亿 | $13亿 | -59.3% | $3.66亿 | $9.75亿 | -62.5% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $3500万 | – | – | $8100万 | $0 | – |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $5.3亿 | $13亿 | -59.3% | $3.66亿 | $9.75亿 | -62.5% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $8900万 | $5800万 | +53.4% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $100万 | $0 | – |
| Deferred Income Tax Assets, Net | $5.96亿 | $7.75亿 | -23.1% | $6.64亿 | $7.71亿 | -13.9% |
| Deferred Income Tax Expense (Benefit) | $2900万 | $100万 | +2,800.0% | $9800万 | $5900万 | +66.1% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $900万 | $100万 | +800.0% |
| Deferred Tax Asset, Interest Carryforward | $4200万2025-12-31 | $0 | – | $4200万 | $0 | – |
| Deferred Tax Assets, Gross | $7.44亿2025-12-31 | $7.88亿 | -5.6% | $7.44亿 | $7.88亿 | -5.6% |
| Deferred Tax Assets, in Process Research and Development | $2.87亿2025-12-31 | $4.46亿 | -35.7% | $2.87亿 | $4.46亿 | -35.7% |
| Deferred Tax Assets, Net | $6.64亿2025-12-31 | $7.71亿 | -13.9% | $6.64亿 | $7.71亿 | -13.9% |
| Deferred Tax Assets, Net of Valuation Allowance | $7.02亿2025-12-31 | $7.85亿 | -10.6% | $7.02亿 | $7.85亿 | -10.6% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02