Coupang, Inc.
CPNG · NYSE
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 20.58B | 4.71B | -112.00M | -92.00M | -0.05 |
| 2023 FY | 24.38B | 6.19B | 473.00M | 1.36B | 0.76 |
| 2024 FY | 30.27B | 8.83B | 436.00M | 154.00M | 0.09 |
| 2025 FY | 34.53B | 10.14B | 473.00M | 208.00M | 0.11 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 9.51B | 7.10B | 3.51B | 2.40B | 2.41B |
| 2023 FY | 13.35B | 9.26B | 5.24B | 2.79B | 4.09B |
| 2024 FY | 15.34B | 11.24B | 5.88B | 3.73B | 4.10B |
| 2025 FY | 17.79B | 13.16B | 6.32B | 4.64B | 4.62B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 565.00M | -824.00M | -259.00M | — | -123.00M |
| 2023 FY | 2.65B | -896.00M | 1.76B | — | 1.91B |
| 2024 FY | 1.89B | -879.00M | 1.01B | — | 434.00M |
| 2025 FY | 1.77B | -1.25B | 522.00M | — | 381.00M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 25.96B | 24.85B | — | — | — |
| 2023 FY | 28.85B | 26.39B | — | — | — |
| 2024 FY | 39.43B | 37.28B | — | — | — |
| 2025 FY | 42.89B | 41.20B | — | — | — |
| 2026-12-31 | — | — | — | — | — |
| 2027-12-31 | — | — | — | — | — |
| 2028-12-31 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 8.52B | 2.56B | 149.00M | 32.00M | 0.02 |
| 2025 Q3 | 9.27B | 2.72B | 162.00M | 95.00M | 0.05 |
| 2025 Q4 | 8.84B | 2.54B | 8.00M | -26.00M | -0.01 |
| 2026 Q1 | 8.50B | 2.30B | -242.00M | -266.00M | -0.15 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 17.83B | 13.15B | 6.80B | 4.58B | 4.69B |
| 2025 Q3 | 18.67B | 13.93B | 7.23B | 4.95B | 4.74B |
| 2025 Q4 | 17.79B | 13.16B | 6.32B | 4.64B | 4.62B |
| 2026 Q1 | 17.40B | 13.47B | 6.30B | 5.40B | 3.93B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 545.00M | -299.00M | 246.00M | — | 689.00M |
| 2025 Q3 | 807.58M | -360.04M | 447.54M | — | 435.00M |
| 2025 Q4 | 82.00M | -360.00M | -278.00M | — | -912.00M |
| 2026 Q1 | 184.00M | -296.00M | -112.00M | — | -21.00M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 54.44B | 52.22B | — | — | — |
| 2025 Q3 | 58.70B | 56.42B | — | — | — |
| 2025 Q4 | 42.89B | 41.20B | — | — | — |
| 2026 Q1 | 34.46B | 33.55B | — | — | — |
| 2026-06-30 | — | — | — | — | — |
| 2026-09-30 | — | — | — | — | — |
| 2026-12-31 | — | — | — | — | — |