Maplebear Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
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, | |||
|---|---|---|---|
| 2022 | 2023 | 2024 | |
| Revenue | $2,551 | $3,042 | $3,378 |
| Cost of revenue | 720 | 764 | 836 |
| Gross profit | 1,831 | 2,278 | 2,542 |
| Operating expenses: | |||
| Operations and support | 252 | 344 | 278 |
| Research and development | 518 | 2,312 | 604 |
| Sales and marketing | 660 | 961 | 808 |
| General and administrative | 339 | 803 | 363 |
| Total operating expenses | 1,769 | 4,420 | 2,053 |
| Income (loss) from operations | 62 | (2,142) | 489 |
| Other expense, net | (8) | — | (3) |
| Interest income | 17 | 81 | 66 |
| Income (loss) before provision for (benefit from) income taxes | 71 | (2,061) | 552 |
| Provision for (benefit from) income taxes | (357) | (439) | 95 |
| Net income (loss) | $428 | $(1,622) | $457 |
| Undistributed earnings attributable to preferred stockholders | (351) | — | — |
| Accretion related to Series A redeemable convertible preferred stock | — | (2) | (9) |
| Net income (loss) attributable to common stockholders, basic | $77 | $(1,624) | $448 |
| Undistributed earnings reallocated to common stockholders | 20 | — | — |
| Accretion related to Series A redeemable convertible preferred stock | — | — | 9 |
| Net income (loss) attributable to common stockholders, diluted | $97 | $(1,624) | $457 |
| Net income (loss) per share attributable to common stockholders: | |||
| Basic | $1.08 | $(12.43) | $1.69 |
| Diluted | $0.96 | $(12.43) | $1.58 |
| Weighted-average shares used in computing net income (loss) per share attributable to common stockholders: | |||
| Basic | 71,853 | 130,616 | 264,640 |
| Diluted | 101,480 | 130,616 | 289,158 |
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