Maplebear 2025 Q3 Earnings Beats Expectations, Net Income Grows 22%

Maplebear (CART) reported Q3 2025 results that exceeded expectations, with revenue and EPS growth outpacing Wall Street forecasts. The company raised its Q4 guidance, reflecting confidence in its strategic initiatives and market position. Despite a post-earnings stock decline, management emphasized long-term growth through AI, enterprise expansion, and affordability programs.

Revenue

, . , , both outperforming analyst estimates. The performance underscored the company’s ability to scale its core grocery commerce platform and diversify revenue streams.

Earnings/Net Income

, . The company has maintained profitability for three consecutive years, demonstrating operational efficiency and disciplined cost management. The EPS growth aligns with strategic investments in AI and enterprise solutions, which are driving higher-margin opportunities.

Price Action

Following the earnings release, Maplebear’s stock faced short-term volatility, , , . The dip contrasted with positive earnings and guidance, though analysts attribute it to broader market dynamics and investor caution ahead of Q4 performance.

Post-Earnings Price Action Review

The stock’s post-earnings performance highlights mixed investor sentiment. While the company exceeded revenue and EPS estimates, short-term price declines suggest market skepticism about near-term execution risks. However, . The Zacks Rank #3 (Hold) indicates alignment with broader market trends, with no immediate catalysts for aggressive price swings.

CEO Commentary

, underscoring the company’s momentum in affordability initiatives and enterprise partnerships. Strategic priorities include leveraging AI for retail collaborations and international expansion, with a focus on durable growth through cross-platform synergies.

Guidance

, , . , reflecting confidence in future cash flow. Risks include macroeconomic pressures on advertising and funding volatility, though strong October demand and enterprise traction provide near-term resilience.

Additional News

. , aiming to enhance its advertising ecosystem. Additionally, enterprise expansion efforts, , highlight its strategic focus on scaling high-margin solutions. These moves position Maplebear to capitalize on long-term growth opportunities in grocery technology and AI-driven retail innovation.

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CEO Commentary

Chris Rogers, CEO, , , . He emphasized strategic priorities: affordability (e.g., price parity partnerships), , AI solutions), , . Rogers expressed optimism about leveraging AI to enhance retail partnerships and expand internationally, noting underpenetrated markets. He underscored the company’s position as a “grocery technology enablement partner,” driving durable growth through innovation, scale, and cross-platform synergies. The tone was confident, with a focus on long-term value creation via disciplined execution and strategic investments in AI, enterprise solutions, and international expansion.

Guidance

, , . They emphasized maintaining profitability while investing in AI, enterprise expansion, and affordability initiatives. , reflecting confidence in long-term cash flow and profitability. Key risks included macroeconomic pressures on advertising and potential EBT/SNAP funding volatility, though strong October demand and enterprise momentum offset near-term challenges.