CART Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $44.25
Market Cap (MRQ) $10.31B
P/E (TTM) 24.0
EPS (TTM) $1.84
Revenue (TTM) $3.99B
ROE (TTM) 17.1%
52W Range $33–$53

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About Maplebear Inc. - Common Stock Company overview from Wikipedia

05 · wikidata

Maplebear Inc., doing business as Instacart, is an American retail media and delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. It allows customers to order groceries from participating retailers with the shopping being done by a personal shopper, who picks, packs, and delivers the order, while also providing alcohol delivery in regions where it is permitted.

The company offers service from 2,200 retailers covering nearly 100,000 grocery stores, and works with 9,000 consumer packaged goods brands. Alcohol delivery is available from hundreds of retail banners that span 17,000 stores across North America.

Instacart reaches "nearly 98%" of SNAP households, offering delivery services from about 180 retail banners, including ALDI, Food Lion, Publix, The Save Mart Companies and Walgreens, spanning about 30,000 stores across all 50 states and Washington D.C. Since its founding, Instacart Marketplace has seen over $100 billion of "gross transactional value" and over 900 million orders with approximately 20 billion items ordered.

History

Corporate history

After getting inspiration from being low on groceries without owning a car as well as his trips to the grocery store by bus in the cold while growing up in Canada, Apoorva Mehta founded Instacart in 2012 at age 26. He tried to apply for funding through Y Combinator but missed the deadline. He eventually got a meeting by using the Instacart mobile app to deliver a six-pack of beer from 21st Amendment Brewery to a Y Combinator partner and was admitted to the summer of 2012 batch. Y Combinator helped Mehta raise $2.3 million in funding and enabled him to meet his two co-founders, Max Mullen and Brandon Leonardo. The company’s name is a combination of "maple," in reference to Canada, and "bear," for the logo on the California state flag, as Mehta grew up in Canada and moved to California.

At the end of 2018, Instacart changed its pay system for its personal shoppers. Shoppers reported frustration with the new payment system.

In 2019, the company expanded its services to offering an on-demand option for its shoppers, in order to allow shoppers to work more flexible schedules.

In 2020, during the COVID-19 pandemic, Instacart implemented contactless delivery, safety kits and guidelines for shoppers. From mid-March to mid-April 2020, as a result of a surge in usage of the mobile app, Instacart signed up an additional 300,000 shoppers to meet the surge in demand for grocery deliveries.

In 2021, Instacart had a valuation of $39 billion. In July 2021, Fidji Simo was appointed CEO, while Mehta transitioned to Executive Chairman of the Board. In July 2022, Simo was appointed to succeed Mehta as chairperson once the company completed its initial public offering. In September 2023, the company became public through an initial public offering raising $660 million, valuing the company at about $10 billion. The company's shares opened on Nasdaq at a price of $30. Mehta left the company after it went public. In 2025, Instacart unveiled its first Super Bowl ad.

In May 2025, TechCrunch and others reported that Simo would leave Instacart to take a role with OpenAI. Later that month the company appointed business chief, Chris Rogers, as its next CEO beginning in August 2025. On August 15, 2025, Chris Rogers officially stepped into the position of CEO and joined the company's Board of Directors.

In December 2025, Instacart agreed to pay $60 million to settle an investigation opened by the U.S. Federal Trade Commission (FTC) related to allegations the company had deceived consumers about its Instacart+ membership and free delivery offers, according to court documents. An Instacart spokesperson said the company flatly denied any allegations of wrongdoing, and that the settlement allows the company to focus on shoppers and retailers.

Service launches and grocery partnerships

2010s

Instacart was first launched in San Francisco in 2012. In November 2013, Instacart added alcohol delivery in areas where alcohol delivery was legal. The company expanded across the United States in the following years.

In August 2013, Instacart began offering an annual membership service called Instacart Express. In June 2022, Instacart Express was renamed Instacart+ and new family shopping features, including sharing membership and shopping-cart collaboration with another family member for free, were added.

In November 2017, the company expanded to Canada, first with a partnership with Loblaw Companies in Toronto and Vancouver. By May 2018, Instacart was available for use in 11 Canadian markets and was planning expansions for five more markets.

In April 2018, Instacart changed its prices by instituting a mandatory 5% service fee on all orders. It originally offered an optional 10% service fee that went directly to Instacart that could be turned off. It also returned the gratuity option back to the checkout screen and raised the default value from 0% to 5%.

In March 2019, Instacart expanded its same-day alcohol delivery service in the U.S. Effective May 2019, Whole Foods Market ended its partnership with Instacart in the U.S. given its ties to Amazon.com. In February 2024, Instacart announced customers throughout Canada can now order fresh groceries and everyday essentials from Whole Foods Market on the Instacart App.

2020s

In May 2020, Instacart began a partnership with Rite Aid, offering its service across 2,400 locations in 18 states. In August 2020, Instacart entered its first partnership with Walmart in the U.S. to offer same-day delivery services. The partnership is a pilot program beginning in Los Angeles, San Francisco, San Diego, and Tulsa. Additional partnerships in June included C&S Wholesale Grocers and Staples.

In March 2022, in partnership with TikTok, Hearst Magazine and Tasty, Instacart launched Shoppable Recipes with product integrations for food creators. In the same month, Instacart introduced the Instacart Platform, a program providing digital tools for retailers. The platform includes services such as advertising, home delivery, inventory management, and other technologies designed to support retailers online grocery operations.Through these services, Instacart expanded from a grocery delivery marketplace into a broader technology platform for grocery retailers.

In May 2022, Instacart partnered with Canadian grocers Metro, Giant Tiger, and Galleria Supermarket. In March 2023, Instacart announced the availability of digital tools for medical providers to promote nutritious foods to patients and their families. In November 2023, Instacart partnered with Peacock with US Instacart subscribers receiving free access to Peacock. In May 2024, Instacart partnered with Uber Eats to give Instacart customers access to food delivery from Uber Eats U.S. restaurant partners. In June 2024, Instacart began a partnership with New York Times Cooking with recipes from NYT Cooking providing links to Instacart for the ingredients needed to make the recipe and giving Instacart+ subscribers free access to NYT Cooking for a year.

Acquisitions history

In January 2018, the company acquired Toronto-based Unata, a white-label platform for grocers, for $65 million. In October 2021, Instacart acquired smart cart and checkout company Caper AI for $350 million. In September 2022, Instacart announced the acquisition of Eversight, an artificial intelligence pricing platform for brands and retailers. Also in September 2022, the company acquired Rosie, an e-commerce platform for local and independent retailers and wholesalers. In May 2025, the company acquired Wynshop, an e-commerce platform for US grocery chains. In April 2026, the company acquired Instaleap, a global enablement and fulfillment solutions platform based in Bogotá.

Finance

The key financial trends for Instacart (CART) are as follows, based on fiscal years ending December 31:

Labor practices and legal issues

Workforce

Instacart has approximately 600,000 shoppers on their platform. Instacart shoppers are independent contractors, and the majority of shoppers shop less than 10 hours per week. In June 2015, Instacart began hiring some shoppers as part-time employees, known as in-store shoppers, starting with Chicago and Boston and extending to shoppers in Atlanta, Miami, and Washington, D.C. the following month.

In January 2021, the company announced plans to lay off nearly 2,000 in-store employees. Instacart said that the layoffs were due to stores increasingly using Instacart to have consumers place orders, but have their own employees fulfill the order instead of Instacart's workforce, reducing reliance on Instacart's in-store shoppers.

Worker classification

In March 2017, Instacart agreed to pay $4.6 million to settle a class action settlement stemming from the alleged misclassification of its personal shoppers as independent contractors. The suit, filed in March 2015, alleged 18 violations, including improper tip pooling and failure to reimburse workers for business expenses.

In February 2020, 15 Instacart in-store shoppers in Skokie, Illinois voted to form a trade union.

COVID-19 response

In March 2020, shoppers impacted by COVID-19 would be eligible for up to 14 days of sick pay. Instacart required that workers either get a positive COVID-19 test or be under a mandatory quarantine by a public health or other government agency. Workers demanded hazard pay and personal protective equipment. In early April 2020, Instacart began providing safety kits to workers. In June, Instacart changed its sick leave in an agreement reached by it and the D.C. Attorney General, Karl Racine. Under the agreement, Instacart provided paid leave to workers who were clinically diagnosed with COVID-19 by a doctor or other medical professional along with those who had a household member contract COVID-19. The agreement also provided workers access to telemedicine services. In January 2021, Instacart announced a $25 stipend to provide financial assistance to company shoppers who choose to get the COVID-19 vaccine.

2020 customer data exposure

In July 2020 data tied to an estimated 278,531 Instacart accounts - names, partial addresses, the last four digits of payment cards and recent order histories - was reported for sale on dark-web marketplaces. Instacart denied any breach of its systems, attributed the exposure to credential stuffing and forced password resets, security researchers and customers interviewed by TechCrunch said the data looked genuine. Instacart did not offer two-factor authentication at the time.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorRetail industryRetail employees3,600 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$3.74B
2021-12-31 → 2025-12-31
EPS$1.60
2021-12-31 → 2025-12-31
Free Cash Flow$910M
2023-12-31 → 2025-12-31
Net margin12.0%
2023-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend CART 5Y avg Peer Median Verdict
P/E (TTM) 24.05Y avg ≈17.5 ≈17.5 25.7 Fair value
P/S (TTM) 2.65Y avg ≈2.8 ≈2.8 0.5 Overvalued
P/B (MRQ) 4.45Y avg ≈3.2 ≈3.2 4.8 Fair value
Price / FCF (TTM) 8.85Y avg ≈13.9 ≈13.9 · ·
Price / Cash Flow (TTM) 8.45Y avg ≈12.7 ≈12.7 10.7 Overvalued
Price / Tangible Book (MRQ) 4.65Y avg ≈3.7 ≈3.7 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise -11.0%
Next Report Nov 09, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 12, 2026 $0.45 $0.55 -18.3%
March 31, 2026 $0.57 $0.61 -6.3%
Dec. 31, 2025 $0.30 $0.53 -42.9%
Sept. 30, 2025 $0.51 $0.50 1.2%
June 30, 2025 $0.41 $0.39 6.3%
March 31, 2025 $0.37 $0.39 -5.9%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 16
Metric Trend 20252024202320222021
Revenue $3.74B$3.38B$3.04B$2.55B$1.83B
Cost of Revenue $984M$836M$764M$720M$608M
Gross Profit $2.76B$2.54B$2.28B$1.83B$1.23B
R&D Expense $650M$604M$2.31B$518M$368M
SG&A Expense $482M$363M$803M$339M$288M
Operating Expenses $2.26B$2.05B$4.42B$1.77B$1.31B
Operating Income $498M$489M$-2.14B$62M$-86M
Other Non-op $1M$-3M$0$-8M$12M
Pretax Income $556M$552M$-2.06B$71M$-72M
Income Tax $109M$95M$-439M$-357M$1M
Net Income $447M$457M$-1.62B$428M$-73M
EPS (Basic) $1.68$1.69$-12.43$1.08$-1.12
EPS (Diluted) $1.60$1.58$-12.43$0.96$-1.12
Shares (Basic) 261,353,000264,640,000130,616,00071,853,00065,874,000
Shares (Diluted) 279,621,000289,158,000130,616,000101,480,00065,874,000
EBITDA $589M$545M$-2.10B··
Balance Sheet 25
Metric Trend 20252024202320222021
Cash & Equivalents $637M$1.28B$2.14B$1.50B$1.15B
Short-term Investments $50M$91M$49M$209M·
Receivables $1.13B$1.01B$853M$842M·
Prepaid Expense $213M$162M$129M$109M·
Current Assets $2.20B$2.70B$3.31B$2.74B·
PP&E (Net) $218M$200M$135M$38M·
PP&E (Gross) $345M$274M$185M$75M·
Accum. Depreciation $127M$74M$50M$37M·
Goodwill $393M$317M$318M$317M$263M
Intangibles $71M$52M$77M$103M·
Other Non-current Assets $14M$38M$12M$12M·
Total Assets $3.69B$4.12B$4.73B$3.67B·
Accounts Payable $70M$80M$72M$88M·
Accrued Liabilities $634M$505M$451M$515M·
Current Liabilities $917M$798M$733M$795M·
Capital Leases $33M$13M$27M$36M·
Other Non-current Liabilities $24M$25M$40M$80M·
Total Liabilities $974M$836M$800M$911M·
Common Stock $0$0$0$0·
Paid-in Capital $7.00B$6.69B$6.38B$918M·
Retained Earnings $-4.49B$-3.58B$-2.63B$-977M·
AOCI $-1M$-9M$3M$-5M·
Stockholders' Equity $2.52B$3.09B$3.75B$-64M$-573M
Liabilities + Equity $3.69B$4.12B$4.73B$3.67B·
Shares Outstanding 242,867,000260,964,000279,046,00072,230,00069,535,000
Cash Flow 14
Metric Trend 20252024202320222021
D&A $91M$56M$43M$34M$16M
Stock-based Comp $352M$300M$2.76B$33M$22M
Deferred Tax $98M$59M$-459M$-373M$-2M
Other Non-cash $-17M$-185M$-132M··
Operating Cash Flow $971M$687M$586M$277M$-204M
CapEx $61M$64M$54M$24M$13M
Investing Cash Flow $-208M$-107M$135M$117M$-330M
Stock Issued ··$0$0$125M
Stock Repurchased $1.39B$1.40B$36M$0$0
Net Stock Activity $-1.39B$-1.40B$-36M··
Financing Cash Flow $-1.39B$-1.41B$-30M$46M$464M
Net Change in Cash $-623M$-844M$694M$434M$-71M
Taxes Paid $43M$13M$54M$3M$4M
Free Cash Flow $910M$623M$532M··
Profitability 8
Metric Trend 20252024202320222021
Gross Margin 73.7%75.2%74.9%··
Operating Margin 13.3%14.5%-70.4%··
Net Margin 11.9%13.5%-53.3%··
Pretax Margin 14.9%16.3%-67.8%··
EBITDA Margin 15.7%16.1%-69.0%··
ROA 11.5%10.3%-38.6%··
ROE 15.4%15.3%-44.8%··
ROIC 15.9%13.1%-45.0%··
Liquidity & Solvency 2
Metric Trend 20252024202320222021
Current Ratio 2.43.44.5··
Quick Ratio 2.03.04.1··
Efficiency 2
Metric Trend 20252024202320222021
Asset Turnover 1.00.80.7··
Receivables Turnover 3.53.63.6··
Per Share 5
Metric Trend 20252024202320222021
Book Value / Share $10.37$11.85$13.44··
Revenue / Share $13.38$11.68$23.29··
Cash Flow / Share $3.47$2.38$4.49··
Cash / Share $2.62$4.90$7.66··
EPS (TTM) $1.60$1.58$-12.43··
Growth Rates 6
Metric Trend 20252024202320222021
Revenue YoY 10.8%11.1%19.2%39.1%·
Revenue CAGR 3Y 13.6%22.6%···
EPS YoY 1.3%····
EPS CAGR 3Y 18.6%····
Net Income YoY -2.2%····
Net Income CAGR 3Y 1.5%····
Valuation (TTM) 10
Metric Trend 20252024202320222021
Revenue TTM $3.74B$3.38B$3.04B··
Net Income TTM $447M$457M$-1.62B··
Market Cap $10.92B$10.81B$6.55B··
P/E 28.126.2-1.9··
P/S 2.93.22.2··
P/B 4.33.51.7··
P / Tangible Book 5.34.02.0··
P / Cash Flow 11.315.711.2··
P / FCF 12.017.412.3··
Earnings Yield 3.6%3.8%-53.0%··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $3.74B $3.38B $3.04B $2.55B $1.83B
Gross Margin % 73.7% 75.2% 74.9% · ·
Operating Margin % 13.3% 14.5% -70.4% · ·
Net Income $447M $457M $-1.62B $428M $-73M
Diluted EPS $1.60 $1.58 $-12.43 $0.96 $-1.12

Institutional owners (13F) 554 filers · $10.1B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 554
Value held $10.1B
New positions 104
Exited positions 56
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
104 (-13 vs prior Q) 56 (-16 vs prior Q) 159 (-12 vs prior Q) 183 (+43 vs prior Q) +7.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
SC US (TTGP), LTD. $1,322,409,030 27,928,385 13.03% Shares
D1 Capital Partners L.P. $1,068,425,997 22,564,435 10.53% Shares
VANGUARD GROUP INC $856,603,439 19,044,096 8.44% Shares
BlackRock, Inc. $750,477,336 15,849,574 7.40% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $388,238,465 8,199,334 3.83% Shares
VANGUARD CAPITAL MANAGEMENT LLC $370,038,687 7,814,967 3.65% Shares
STATE STREET CORP $246,780,293 5,211,833 2.43% Shares
DIMENSIONAL FUND ADVISORS LP $227,966,097 4,814,545 2.25% Shares
MORGAN STANLEY $199,762,476 4,218,846 1.97% Shares
GCM Grosvenor Holdings, LLC $196,072,751 4,140,924 1.93% Shares
FMR LLC $182,868,757 3,862,064 1.80% Shares
Contour Asset Management LLC $182,369,046 3,851,511 1.80% Shares
GEODE CAPITAL MANAGEMENT, LLC $175,367,999 3,702,878 1.73% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $148,928,535 3,145,270 1.47% Shares
FEDERATED HERMES, INC. $146,605,400 3,096,207 1.44% Shares
GOLDMAN SACHS GROUP INC $132,943,507 2,807,677 1.31% Shares
Holocene Advisors, LP $119,745,546 2,528,945 1.18% Shares
UBS Group AG $115,219,500 2,433,358 1.14% Shares
ANTIPODES PARTNERS Ltd $101,345,525 2,140,349 1.00% Shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC $86,462,331 1,826,026 0.85% Shares
Invesco Ltd. $82,160,821 1,735,181 0.81% Shares
Schonfeld Strategic Advisors LLC $76,277,912 1,610,938 0.75% Shares
DEUTSCHE BANK AG\ $73,800,563 1,558,618 0.73% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $71,787,335 1,516,100 0.71% Call option
D. E. Shaw & Co., Inc. $71,750,686 1,515,326 0.71% Shares
GOODNOW INVESTMENT GROUP, LLC $69,897,644 1,476,191 0.69% Shares
RENAISSANCE TECHNOLOGIES LLC $68,754,757 1,452,054 0.68% Shares
NORTHERN TRUST CORP $62,267,523 1,315,048 0.61% Shares
CITADEL ADVISORS LLC $61,924,804 1,307,810 0.61% Shares
PANAGORA ASSET MANAGEMENT INC $61,698,613 1,303,033 0.61% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $61,118,812 1,290,788 0.60% Shares
SHAPIRO CAPITAL MANAGEMENT LLC $59,697,459 1,260,770 0.59% Shares
BARCLAYS PLC $57,478,165 1,213,900 0.57% Call option
BANK OF AMERICA CORP /DE/ $57,392,415 1,212,089 0.57% Shares
JANE STREET GROUP, LLC $52,720,106 1,113,413 0.52% Shares
VANGUARD FIDUCIARY TRUST CO $50,176,984 1,059,704 0.49% Shares
FIRST TRUST ADVISORS LP $49,296,000 1,041,103 0.49% Shares
KPCB DGF II Associates, LLC $49,269,905 1,340,313 0.49% Shares
NORGES BANK $49,046,124 1,035,821 0.48% Shares
Bank of New York Mellon Corp $45,238,669 955,410 0.45% Shares
Russell Investments Group, Ltd. $44,357,961 936,808 0.44% Shares
Walleye Trading LLC $41,525,950 877,000 0.41% Call option
Point72 Asset Management, L.P. $40,662,523 858,765 0.40% Shares
CITIGROUP INC $40,288,173 850,859 0.40% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $39,622,480 836,800 0.39% Put option
JPMORGAN CHASE & CO $38,569,340 809,551 0.38% Shares
CITADEL ADVISORS LLC $37,302,330 787,800 0.37% Call option
BARCLAYS PLC $35,461,456 748,922 0.35% Shares
AMI ASSET MANAGEMENT CORP $35,127,113 741,861 0.35% Shares
General Catalyst Group Management, LLC $33,652,166 710,711 0.33% Shares

Show all 554 institutional owners →

Activists & 5%+ owners 3 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS, L.P. ("SC GGF III"), SEQUOIA CAPITAL US/E EXPANSION FUND I, L.P. ("SC US/E EXPANSION FUND I"), SEQUOIA CAPITAL US/E EXPANSION FUND I MANAGEMENT, L.P. ("SC US/E EXPANSION FUND I MGMT"), SCGGF III - U.S./INDIA MANAGEMENT, L.P. ("SCGGF III - U.S./INDIA MANAGEMENT"), SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS MANAGEMENT, L.P. ("SC GGF III MGMT"), SEQUOIA CAPITAL FUND PARALLEL, LLC ("SCFP"), SEQUOIA CAPITAL FUND, L.P. ("SCF"), SEQUOIA CAPITAL FUND MANAGEMENT, L.P. ("SEQUOIA CAPITAL FUND MANAGEMENT"), SC US (TTGP), LTD. ("SC US (TTGP)") ×4 filings Aug. 17, 2026 8.00% Amendment · SEC
SEQUOIA CAPITAL GLOBAL GROWTH FUND II, L.P. (“SEQUOIA CAPITAL GLOBAL GROWTH FUND II”), SEQUOIA CAPITAL GLOBAL GROWTH II PRINCIPALS FUND, L.P. (“SEQUOIA CAPITAL GLOBAL GROWTH II PRINCIPALS FUND”), SEQUOIA CAPITAL U.S. GROWTH FUND VII, L.P. (“SEQUOIA CAPITAL U.S. GROWTH FUND VII”), SEQUOIA CAPITAL U.S. GROWTH VII PRINCIPALS FUND, L.P. (“SEQUOIA CAPITAL U.S. GROWTH VII PRINCIPALS FUND”), SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS, L.P. (“SC GGF III ”), SEQUOIA CAPITAL US/E EXPANSION FUND I, L.P. (“SC US/E EXPANSION FUND I”), SEQUOIA CAPITAL US/E EXPANSION FUND I MANAGEMENT, L.P. (“SC US/E EXPANSION FUND I MGMT”), SC GLOBAL GROWTH II MANAGEMENT, L.P. (“SC GLOBAL GROWTH II MANAGEMENT”), SCGGF III – U.S./INDIA MANAGEMENT, L.P. (“SCGGF III – U.S./INDIA MANAGEMENT”), SC U.S. GROWTH VII MANAGEMENT, L.P. (“SC U.S. GROWTH VII MANAGEMENT”), SEQUOIA CAPITAL GLOBAL GROWTH FUND III – ENDURANCE PARTNERS MANAGEMENT, L.P. (“SC GGF III MGMT”), SEQUOIA CAPITAL FUND PARALLEL, LLC (“SCFP”), SEQUOIA CAPITAL FUND, L.P. (“SCF”), SEQUOIA CAPITAL FUND MANAGEMENT, L.P. (“SEQUOIA CAPITAL FUND MANAGEMENT”), SC US (TTGP), LTD. (“SC US (TTGP)”), DOUGLAS LEONE (“DL”), ROELOF BOTHA (“RB”) Nov. 21, 2024 · Initial filing · SEC
SEQUOIA CAPITAL USV XIV HOLDCO, LTD. (“SEQUOIA CAPITAL USV XIV HOLDCO”), SEQUOIA CAPITAL U.S. GROWTH FUND VI, L.P. (“SEQUOIA CAPITAL U.S. GROWTH FUND VI”), SEQUOIA CAPITAL U.S. GROWTH VI PRINCIPALS FUND, L.P. (“SEQUOIA CAPITAL U.S. GROWTH VI PRINCIPALS FUND”), SEQUOIA CAPITAL GLOBAL GROWTH FUND II, L.P. (“SEQUOIA CAPITAL GLOBAL GROWTH FUND II”), SEQUOIA CAPITAL GLOBAL GROWTH II PRINCIPALS FUND, L.P. (“SEQUOIA CAPITAL GLOBAL GROWTH II PRINCIPALS FUND”), SEQUOIA CAPITAL U.S. GROWTH FUND VII, L.P. (“SEQUOIA CAPITAL U.S. GROWTH FUND VII”), SEQUOIA CAPITAL U.S. GROWTH VII PRINCIPALS FUND, L.P. (“SEQUOIA CAPITAL U.S. GROWTH VII PRINCIPALS FUND”), SEQUOIA CAPITAL GLOBAL GROWTH FUND III - ENDURANCE PARTNERS, L.P. (“SC GGF III ”), SEQUOIA CAPITAL US/E EXPANSION FUND I, L.P. (“SC US/E EXPANSION FUND I”), SEQUOIA CAPITAL US/E EXPANSION FUND I MANAGEMENT, L.P. (“SC US/E EXPANSION FUND I MGMT”), SEQUOIA CAPITAL U.S. VENTURE FUND XIV, L.P. (“SC U.S. VENTURE FUND XIV”), SEQUOIA CAPITAL U.S. VENTURE PARTNERS FUND XIV, L.P. (“SC U.S. VENTURE PARTNERS FUND XIV”), SEQUOIA CAPITAL U.S. VENTURE PARTNERS FUND XIV (Q), L.P. (“SC U.S. VENTURE FUND XIV (Q)”), SC U.S. VENTURE XIV MANAGEMENT, L.P. (“SC U.S. VENTURE XIV MANAGEMENT”), SC U.S. GROWTH VI MANAGEMENT, L.P. (“SC U.S. GROWTH VI MANAGEMENT”), SC GLOBAL GROWTH II MANAGEMENT, L.P. (“SC GLOBAL GROWTH II MANAGEMENT”), SCGGF III – U.S./INDIA MANAGEMENT, L.P. (“SCGGF III – U.S./INDIA MANAGEMENT”), SC U.S. GROWTH VII MANAGEMENT, L.P. (“SC U.S. GROWTH VII MANAGEMENT”), SEQUOIA CAPITAL GLOBAL GROWTH FUND III – ENDURANCE PARTNERS MANAGEMENT, L.P. (“SC GGF III MGMT”), SEQUOIA CAPITAL FUND PARALLEL, LLC (“SCFP”), SEQUOIA CAPITAL FUND, L.P. (“SCF”), SEQUOIA CAPITAL FUND MANAGEMENT, L.P. (“SEQUOIA CAPITAL FUND MANAGEMENT”), SC US (TTGP), LTD. (“SC US (TTGP)”), DOUGLAS LEONE (“DL”), ROELOF BOTHA (“RB”) ×5 filings Sept. 9, 2024 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 21 insiders · 7 officers · 12 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Chris Rogers President and CEO Aug. 19, 2026 S 916,636 0 3 $-939,893
Emily Reuter CHIEF FINANCIAL OFFICER Aug. 15, 2026 F 649,337 0 1 $-1,250,250
Nick Giovanni CHIEF FINANCIAL OFFICER April 17, 2024 S 576,977 0 0 $0
Asha Sharma CHIEF OPERATING OFFICER Feb. 15, 2024 M 1,175,929 0 0 $0
Morgan Fong Chief Legal Officer Sept. 22, 2026 M 529,911 0 15 $-8,361,256
Lisa Blackwood-Kapral Chief Accounting Officer Sept. 15, 2026 S 37,715 0 5 $-1,151,860
Alan Ramsay CHIEF ACCOUNTING OFFICER Feb. 21, 2025 S 78,660 0 0 $0
Mary Beth Laughton Director Aug. 27, 2026 S 10,890 0 2 $-680,338
Ravi Gupta Director Aug. 19, 2026 S 591,523 0 2 $-15,104,810
Lily Sarafan Director May 22, 2026 A 27,602 0 1 $-127,855
Levien Meredith A. Kopit Director May 22, 2026 A 26,877 0 0 $0
Josh Silverman Director May 22, 2026 A 15,228 0 0 $0
Victoria L Dolan Director May 22, 2026 A 26,056 0 0 $0
Fidji Simo Director Nov. 12, 2025 S 565,677 0 3 $-323,614
Michael J Moritz Director May 22, 2025 A 33,804 0 0 $0
Frank Slootman Director May 29, 2024 A 27,624 0 0 $0
Jeffrey D Jordan Director May 10, 2024 J 88,922 0 0 $0
Barry Mccarthy Director Sept. 21, 2023 J 33,333 0 0 $0
Apoorva Mehta 10% owner April 4, 2025 G 17,413,892 0 0 $0
Daniel Danker · Aug. 15, 2025 F 445,427 0 0 $0
GCM Grosvenor Inc. · July 25, 2025 S 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 92 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
NEWZ · EA Series Trust 3.55% 15,524 NS July 31, 2026 N-PORT
PEJ · Invesco Exchange-Traded Fund Trust 2.58% 206,416 SH Oct. 2, 2026 Daily
PBJ · Invesco Exchange-Traded Fund Trust 2.50% 47,727 SH Oct. 2, 2026 Daily
FCPI · FIDELITY COVINGTON TRUST 2.15% 130,072 NS July 31, 2026 N-PORT
AZTD · Tidal Trust I 2.06% 17,528 NS July 31, 2026 N-PORT
JMID · Janus Detroit Street Trust 1.40% 7,419 NS July 31, 2026 N-PORT
SMLL · Harbor ETF Trust 1.36% 4,259 NS July 31, 2026 N-PORT
ABOT · Abacus FCF ETF Trust 1.28% 1,162 NS July 31, 2026 N-PORT
GURU · Global X Funds 1.19% 16,278 NS July 31, 2026 N-PORT
RNIN · EA Series Trust 1.05% 43,139 NS July 31, 2026 N-PORT
RETL · Direxion Shares ETF Trust 1.04% 6,479 NS July 31, 2026 N-PORT
XMHQ · Invesco Exchange-Traded Fund Trust 1.03% 1,267,694 SH Oct. 2, 2026 Daily
CALF · Pacer Funds Trust 0.92% 760,191 NS July 31, 2026 N-PORT
SYLD · Cambria ETF Trust 0.90% 200,510 NS July 31, 2026 N-PORT
LSVD · ADVISORS' INNER CIRCLE FUND 0.77% 111,800 NS July 31, 2026 N-PORT
FXL · First Trust Exchange-Traded AlphaDE… 0.62% 359,211 NS July 31, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.60% 77,539 NS July 31, 2026 N-PORT
VDC · VANGUARD WORLD FUND 0.46% 899,747 SH Aug. 19, 2026 Daily
IVOV · VANGUARD ADMIRAL FUNDS 0.45% 141,289 SH Aug. 19, 2026 Daily
FSTA · FIDELITY COVINGTON TRUST 0.43% 136,686 NS July 31, 2026 N-PORT
INFO · Harbor ETF Trust 0.39% 73,267 NS July 31, 2026 N-PORT
FQAL · FIDELITY COVINGTON TRUST 0.36% 112,985 NS July 31, 2026 N-PORT
PKW · Invesco Exchange-Traded Fund Trust 0.29% 110,834 SH Oct. 2, 2026 Daily
QVMM · Invesco Exchange-Traded Fund Trust … 0.26% 23,815 SH Oct. 2, 2026 Daily
VFQY · VANGUARD WELLINGTON FUND 0.25% 25,017 SH Aug. 19, 2026 Daily
SMDX · Tidal Trust III 0.24% 6,958 NS July 31, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.23% 2,335,742 SH Aug. 19, 2026 Daily
FSMD · FIDELITY COVINGTON TRUST 0.22% 122,025 NS July 31, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.21% 65,260 NS July 31, 2026 N-PORT
VFMF · VANGUARD WELLINGTON FUND 0.21% 31,218 SH Aug. 19, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.21% 265,529 SH Aug. 19, 2026 Daily
PTMC · Pacer Funds Trust 0.21% 18,047 NS July 31, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.18% 26,344 NS July 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.18% 23,282 NS July 31, 2026 N-PORT
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.18% 33,594 NS July 31, 2026 N-PORT
JMOM · J.P. Morgan Exchange-Traded Fund Tr… 0.16% 90,188 NS July 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.16% 2,416 NS July 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.16% 534,643 NS July 31, 2026 N-PORT
RWK · Invesco Exchange-Traded Fund Trust … 0.16% 44,803 SH Oct. 2, 2026 Daily
FYEE · Fidelity Greenwood Street Trust 0.15% 7,417 NS July 31, 2026 N-PORT
VFVA · VANGUARD WELLINGTON FUND 0.15% 26,043 SH Aug. 19, 2026 Daily
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.15% 66,671 NS July 31, 2026 N-PORT
FBUF · Fidelity Greenwood Street Trust 0.14% 761 NS July 31, 2026 N-PORT
ISCG · iShares Trust 0.12% 25,405 SH Sept. 11, 2026 Daily
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.12% 214,669 NS July 31, 2026 N-PORT
FHEQ · Fidelity Greenwood Street Trust 0.10% 21,641 NS July 31, 2026 N-PORT
SMMD · iShares Trust 0.10% 82,072 SH Sept. 11, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.10% 4,043,431 SH Aug. 19, 2026 Daily
IWP · iShares Trust 0.10% 402,078 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.09% 1,886,887 SH Aug. 19, 2026 Daily
RECS · Columbia ETF Trust I 0.07% 97,828 NS July 31, 2026 N-PORT
REVS · Columbia ETF Trust I 0.07% 5,295 NS July 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.07% 216,014 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.06% 8,002 NS July 31, 2026 N-PORT
WSML · iShares Trust 0.06% 9,135 SH Sept. 11, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.06% 10,704 SH Oct. 2, 2026 Daily
IWR · iShares Trust 0.05% 627,820 SH Sept. 11, 2026 Daily
DFUV · Dimensional ETF Trust 0.05% 181,024 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.05% 25,870 NS July 31, 2026 N-PORT
ESML · iShares Trust 0.05% 28,899 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.04% 447,651 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.04% 28,733 NS July 31, 2026 N-PORT
IWS · iShares Trust 0.04% 121,419 SH Sept. 11, 2026 Daily
IYW · iShares Trust 0.04% 189,585 SH Sept. 11, 2026 Daily
IUS · Invesco Exchange-Traded Self-Indexe… 0.03% 7,147 SH Oct. 2, 2026 Daily
IUSV · iShares Trust 0.02% 143,549 SH Sept. 11, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.02% 24,811 SH Oct. 2, 2026 Daily
DFAU · Dimensional ETF Trust 0.02% 53,844 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.02% 33,417 SH Oct. 2, 2026 Daily
TILT · FlexShares Trust 0.01% 6,994 NS July 31, 2026 N-PORT
LRGF · iShares Trust 0.01% 8,870 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.01% 7,041 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.01% 212,031 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.01% 181,391 SH Sept. 11, 2026 Daily
IWB · iShares Trust 0.01% 105,709 SH Sept. 11, 2026 Daily
IWF · iShares Trust 0.01% 268,396 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.01% 47,161 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.01% 5,599,014 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 131,373 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.01% 25,261 SH Aug. 19, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.01% 49,395 SH Aug. 19, 2026 Daily
VONG · VANGUARD SCOTTSDALE FUNDS 0.01% 114,289 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 12,894 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 34,586 SH Aug. 19, 2026 Daily
IWV · iShares Trust 0.01% 42,072 SH Sept. 11, 2026 Daily
IJH · iShares Trust · 5,773,218 SH Sept. 11, 2026 Daily
IJJ · iShares Trust · 840,650 SH Aug. 31, 2026 Daily
XJH · iShares Trust · 22,509 SH Sept. 8, 2026 Daily
ISCB · iShares Trust · 6,802 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 15,996 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 147,201 SH Sept. 11, 2026 Daily
SMMV · iShares Trust · 8,252 SH Aug. 19, 2026 Daily

CART Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 40 analysts BUY
Median target $58.50 +32.2%
10 25.0% Strong Buy
14 35.0% Buy
16 40.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

28 analysts · 2026-09-30

Mean target $58.14 +31.4%

← Below all targets Current price $44.25
Low$45.00 Mean$58.14 High$77.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
CART $10.92B 28.1 10.8% 11.9% 15.4% 73.7%
KR · 40.8 0.35% 0.69% 14.3% ·
CASY $30.34B 42.9 10.2% 4.1% 18.4% ·
SFM $7.64B 15.0 14.1% 5.9% 38.0% 38.8%
ACI $10.75B 44.8 3.5% 0.26% 8.8% 27.2%
WMK $1.61B 17.8 3.5% 1.9% 7.0% 25.0%
IMKTA · · -5.4% · · ·
YSWY · · · · · ·
GO $998M -4.4 7.3% -4.8% -20.7% 30.3%
NGVC $918M 20.0 7.2% 3.5% 22.9% 29.9%
VLGEA · · 3.8% · · ·

Latest News Recent headlines mentioning this company

23

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 7, 2026