Here are the 10-K annual reports from Maplebear Inc. (CART) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow CART and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CART filings page.
Maplebear Inc. (Instacart) files its annual report describing a multi-sided grocery technology platform built around Instacart Marketplace, Instacart Enterprise, and Instacart Ads. Since founding, it has powered more than 1.6 billion orders and reached over 98% of North American households as of December 31, 2025.
The company serves more than 2,200 retail banners, over 9,000 active brands, and approximately 600,000 shoppers, and reported net income of $447 million in 2025 after prior large losses, leaving an accumulated deficit of $4.5 billion. Its top three retailers account for about 43% of gross transaction value, highlighting customer concentration risk.
Instacart emphasizes competition, seasonality, heavy regulation (including worker classification and privacy laws), and dependence on independent contractor shoppers and key retailers as key risks. As of December 31, 2025 it had about 3,600 employees, roughly 630 issued U.S. patents, and a public float valued at $6.9 billion as of June 30, 2025.