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 |
|---|---|---|---|---|---|
| Total revenue | 34,534 | 30,268 | 24,383 | 20,583 | 18,406 |
| Cost of revenue | 24,393 | 21,553 | 18,193 | 15,873 | 15,297 |
| Gross profit | 10,141 | 8,715 | 6,190 | 4,710 | 3,109 |
| Selling, general and administrative | 9,643 | 8,327 | 5,717 | 4,822 | 4,307 |
| Operating income | 498 | 388 | 473 | -112 | -1,198 |
| EBIT | 498 | 388 | 473 | -112 | -1,198 |
| EBITDA | 1,015 | 821 | 748 | 119 | -997 |
| Interest expense | 86.0 | 140 | 48.0 | 27.0 | 45.0 |
| Pre-tax income | 597 | 473 | 584 | -93.0 | -1,542 |
| Income tax | 383 | 407 | -776 | -1.0 | 1.0 |
| Net income | 208 | 154 | 1,360 | -92.0 | -1,543 |
| Net income to common shareholders | 208 | 154 | 1,360 | -92.0 | -1,543 |
| Basic EPS | 0.11 | 0.09 | 0.76 | -0.05 | -1.08 |
| Diluted EPS | 0.11 | 0.08 | 0.75 | -0.05 | -1.08 |
| Average shares (basic) | 1,818 | 1,794 | 1,782 | 1,765 | 1,424 |
| Average shares (diluted) | 1,855 | 1,826 | 1,803 | 1,765 | 1,424 |
