Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Coupang Inc. Revenue & Financial Statements
Coupang Inc. reported revenue of $34.5B for the fiscal year ended December 31, 2025, up 14.1% year over year, with net income of $214.0M and diluted EPS of $0.11.
- Company
- Coupang Inc. CPNG · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 18.4B | 20.6B | 24.4B | 30.3B | 34.5B |
| Cost of revenue | 15.5B | 15.9B | 18.2B | 21.4B | 24.4B |
| Gross profit | 3.0B | 4.7B | 6.2B | 8.8B | 10.1B |
| Operating income | (1.5B) | (112.0M) | 473.0M | 436.0M | 473.0M |
| Pretax income | (1.5B) | (93.1M) | 584.0M | 473.0M | 1.0B |
| Net income | (1.6B) | (42.1M) | 1.3B | (233.0M) | 214.0M |
| Diluted EPS | -1.08 | -0.05 | 0.75 | 0.08 | 0.11 |
| EBITDA | (1.3B) | 118.9M | 748.0M | 869.0M | 990.0M |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.1B | 7.3B | 7.9B | 8.0B | 7.9B | 8.5B | 9.3B | 8.8B |
| Cost of revenue | 5.2B | 5.2B | 5.6B | 5.5B | 5.6B | 6.0B | 6.5B | 6.3B |
| Gross profit | 1.9B | 2.1B | 2.3B | 2.5B | 2.3B | 2.6B | 2.7B | 2.5B |
| Operating income | 40.0M | (25.0M) | 109.0M | 312.0M | 154.0M | 149.0M | 162.0M | 8.0M |
| Pretax income | 59.0M | 3.0M | 132.0M | 279.0M | 216.0M | 194.0M | 165.0M | 22.0M |
| Net income | (99.0M) | (154.0M) | 217.0M | (197.0M) | 107.0M | 188.0M | 18.0M | (26.0M) |
| Diluted EPS | 0.00 | -0.04 | 0.04 | 0.08 | 0.06 | 0.02 | 0.05 | -0.02 |
| EBITDA | 135.0M | — | 221.0M | 432.0M | 276.0M | — | 295.0M | 144.0M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 8.6B | 9.5B | 13.3B | 15.3B | 17.8B |
| Current assets | 5.6B | 5.8B | 7.9B | 9.0B | 9.7B |
| Cash & equivalents | 3.5B | 3.5B | 5.2B | 5.9B | 6.3B |
| Total liabilities | 6.5B | 7.1B | 9.2B | 11.2B | 13.2B |
| Current liabilities | 4.7B | 5.1B | 6.9B | 7.7B | 9.4B |
| Long-term debt | 283.2M | 537.9M | 529.0M | 988.0M | 648.0M |
| Total debt | 291.0M | 713.3M | 811.0M | 1.5B | 1.6B |
| Stockholders’ equity | 2.2B | 2.4B | 4.1B | — | — |
| Net debt | (3.2B) | (2.8B) | (4.4B) | (4.4B) | (4.7B) |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | (410.6M) | 565.4M | 2.7B | 1.9B | 1.8B |
| Investing cash flow | (675.5M) | (848.3M) | (927.0M) | (819.0M) | (1.3B) |
| Financing cash flow | 3.6B | 247.4M | 199.0M | (69.0M) | (247.0M) |
| Capital expenditure | 673.7M | 824.3M | 896.0M | 879.0M | 1.3B |
| Free cash flow | (1.1B) | (258.8M) | 1.8B | 1.0B | 522.0M |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 249.3M | 262.3M | 326.0M | 433.0M | 475.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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