Coupang revenue and financials
$14.82Change from previous close: +2.74%Absolute change: +$0.39
In the fiscal year ended December 2025, Coupang reported revenue of $34.53B (+14.09% year over year). Net income was $208M, a net margin of 0.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +14.09%
- 2025 vs 2024
- Net income growth
- +35.06%
- 2025 vs 2024
- Net margin
- 0.6%
- 2024: 0.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 1,773 | 1,886 | 2,652 | 565 | -411 |
| Depreciation and amortization | 517 | 433 | 275 | 231 | 201 |
| Capital expenditure | -1,251 | -879 | -896 | -824 | -674 |
| Investing cash flow | -1,254 | -819 | -927 | -848 | -676 |
| Financing cash flow | -247 | -69.0 | 199 | 247 | 3,577 |
| Share repurchases | -243 | -178 | 0.0 | 0.0 | — |
| Debt issued | 2,900 | 857 | 572 | 701 | 434 |
| Debt repaid | -2,881 | -794 | -392 | -472 | -338 |
| Effect of exchange rates | 109 | -564 | -14.0 | -87.0 | -81.0 |
| Net change in cash | 381 | 434 | 1,910 | -123 | 2,409 |
| Free cash flow | 522 | 1,007 | 1,756 | -259 | -1,085 |
| Levered free cash flow | 844 | 351 | 1,284 | -264 | -773 |