Maplebear Inc
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
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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.
Sep 30, 2024 · Filed Nov 13, 2024
CART$58.47+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in millions, except share amounts, which are reflected in thousands, and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2023 | 2024 | 2023 | 2024 | |
| Revenue | $764 | $852 | $2,239 | $2,495 |
| Cost of revenue | 203 | 211 | 569 | 617 |
| Gross profit | 561 | 641 | 1,670 | 1,878 |
| Operating expenses: | ||||
| Operations and support | 145 | 64 | 273 | 206 |
| Research and development | 1,850 | 149 | 2,107 | 449 |
| Sales and marketing | 455 | 213 | 782 | 600 |
| General and administrative | 568 | 77 | 696 | 289 |
| Total operating expenses | 3,018 | 503 | 3,858 | 1,544 |
| Income (loss) from operations | (2,457) | 138 | (2,188) | 334 |
| Other expense, net | (5) | — | (2) | (2) |
| Interest income | 23 | 15 | 57 | 54 |
| Income (loss) before provision for (benefit from) income taxes | (2,439) | 153 | (2,133) | 386 |
| Provision for (benefit from) income taxes | (440) | 35 | (376) | 77 |
| Net income (loss) | $(1,999) | $118 | $(1,757) | $309 |
| Accretion related to Series A redeemable convertible preferred stock | — | (2) | — | (7) |
| Net income (loss) attributable to common stockholders, basic | $(1,999) | $116 | $(1,757) | $302 |
| Accretion related to Series A redeemable convertible preferred stock | — | 2 | — | — |
| Net income (loss) attributable to common stockholders, diluted | $(1,999) | $118 | $(1,757) | $302 |
| Net income (loss) per share attributable to common stockholders: | ||||
| Basic | $(20.86) | $0.45 | $(21.92) | $1.13 |
| Diluted | $(20.86) | $0.42 | $(21.92) | $1.06 |
| Weighted-average shares used in computing net income (loss) per share attributable to common stockholders: | ||||
| Basic | 95,836 | 259,660 | 80,180 | 266,550 |
| Diluted | 95,836 | 281,003 | 80,180 | 285,701 |
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