Maplebear Inc
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
CART$58.46+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in millions, except share amounts, which are reflected in thousands, and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2021 | 2022 | 2023 | |
| Revenue | $1,834 | $2,551 | $3,042 |
| Cost of revenue | 608 | 720 | 764 |
| Gross profit | 1,226 | 1,831 | 2,278 |
| Operating expenses: | |||
| Operations and support | 262 | 252 | 344 |
| Research and development | 368 | 518 | 2,312 |
| Sales and marketing | 394 | 660 | 961 |
| General and administrative | 288 | 339 | 803 |
| Total operating expenses | 1,312 | 1,769 | 4,420 |
| Income (loss) from operations | (86) | 62 | (2,142) |
| Other income (expense), net | 12 | (8) | — |
| Interest income | 2 | 17 | 81 |
| Income (loss) before provision for (benefit from) income taxes | (72) | 71 | (2,061) |
| Provision for (benefit from) income taxes | 1 | (357) | (439) |
| Net income (loss) | $(73) | $428 | $(1,622) |
| Undistributed earnings attributable to preferred stockholders | — | (351) | — |
| Accretion related to Series A redeemable convertible preferred stock | — | — | (2) |
| Net income (loss) attributable to common stockholders, basic | $(73) | $77 | $(1,624) |
| Undistributed earnings reallocated to common stockholders | — | 20 | — |
| Net income (loss) attributable to common stockholders, diluted | $(73) | $97 | $(1,624) |
| Net income (loss) per share attributable to common stockholders, basic and diluted | |||
| Basic | $(1.12) | $1.08 | $(12.43) |
| Diluted | $(1.12) | $0.96 | $(12.43) |
| Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic and diluted | |||
| Basic | 65,874 | 71,853 | 130,616 |
| Diluted | 65,874 | 101,480 | 130,616 |
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