Maplebear Inc. (CART) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 9.36% of current shares
Recent Dilution: 6.84% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
240M
Potential Supply
22M
Additional shares possible
Splits
None
Past 2 years

Summary

CART currently has 235M outstanding shares. with limited dilution risk as only 22M additional shares (9.4%) are authorized for issuance. The company has minimally diluted shareholders by 6.84% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 235.0M shares outstanding

240M 22M
Nov 10, 2025

10-Q filing | 259.7M shares outstanding

260M 22M
Aug 08, 2025

10-Q filing | 265.5M shares outstanding

270M 22M
May 08, 2025

10-Q filing | 274.8M shares outstanding

270M 22M
Feb 28, 2025

10-K filing | 264.6M shares outstanding

260M 22M
Nov 13, 2024

10-Q filing | 256.9M shares outstanding

260M 22M
Aug 14, 2024

8-K filing: Maplebear Inc. repurchased 3.7 million shares of its common stock from D1 Iconoclast Holdings LP for $117 million in a privately negotiated transaction, and the shares were retired immediately following the repurchase. ($117.0M proceeds)

260M 22M
Aug 09, 2024

10-Q filing | 260.8M shares outstanding

260M 22M
Jun 06, 2024

8-K filing: Maplebear Inc. authorized a new share repurchase program for up to $500 million of its common stock on June 2, 2024, following the completion of a previous $1 billion share repurchase program. ($1000.0M proceeds)

260M 22M
May 10, 2024

10-Q filing | 264.7M shares outstanding

260M 22M
Mar 05, 2024

10-K filing | 266.5M shares outstanding

270M 22M
Nov 13, 2023

10-Q filing | 280.2M shares outstanding

280M 22M
Sep 15, 2023

S-1/A filing: This is an S-1/A filing for an initial public offering of common stock. We are offering 14,100,000 shares of common stock and the selling stockholders identified in this prospectus are offering an additional 7,900,000 shares of common stock.

N/A 22M
Sep 11, 2023

S-1/A filing: This S-1/A filing outlines an initial public offering of 22,000,000 shares of common stock by Maplebear Inc. (Instacart) and selling stockholders, with an estimated price range of $26.00 to $28.00 per share. A concurrent private placement with PepsiCo, Inc. to purchase $175 million of Series A preferred stock is also detailed.

N/A 22M
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