Coupang revenue and financials
$14.80Change from previous close: +2.60%Absolute change: +$0.38
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 17,394 | 17,399 | 17,787 | 18,668 | 17,831 | 15,986 | 15,344 | 16,342 | 15,195 | 14,949 | 13,346 | 11,563 |
| Current assets | 9,260 | 9,363 | 9,691 | 10,806 | 10,176 | 9,206 | 8,994 | 9,212 | 8,809 | 8,569 | 7,892 | 7,430 |
| Cash and equivalents | 6,110 | 6,301 | 6,318 | 7,229 | 6,796 | 6,113 | 5,879 | 5,822 | 5,536 | 5,226 | 5,243 | 4,858 |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | — | 35.3 |
| Receivables | 363 | 351 | 363 | 393 | 499 | 484 | 407 | 517 | 547 | 601 | 314 | 285 |
| Inventory | 2,067 | 2,037 | 2,256 | 2,487 | 2,285 | 2,049 | 2,099 | 2,181 | 1,992 | 1,938 | 1,666 | 1,641 |
| Net property, plant and equipment | 6,515 | 6,476 | 6,487 | 6,223 | 5,964 | 5,270 | 4,829 | 5,237 | 4,556 | 4,421 | 4,066 | 3,685 |
| Other intangible assets | 167 | 178 | 190 | 201 | 210 | 215 | 271 | 306 | 319 | 349 | 37.0 | — |
| Current liabilities | 10,639 | 9,623 | 9,357 | 10,193 | 9,369 | 7,911 | 7,716 | 8,185 | 7,858 | 7,435 | 6,945 | 6,506 |
| Accounts payable | 6,328 | 5,965 | 6,298 | 6,795 | 6,487 | 5,702 | 5,554 | 5,899 | 5,621 | 5,370 | 5,099 | 4,616 |
| Long-term debt | 618 | 617 | 648 | 618 | 850 | 1,002 | 988 | 1,194 | 1,047 | 1,062 | 529 | 528 |
| Total debt | 5,633 | 5,396 | 4,635 | 4,949 | 4,579 | — | — | — | — | — | — | — |
| Total liabilities | 14,407 | 13,469 | 13,164 | 13,927 | 13,146 | 11,588 | 11,167 | 12,065 | 11,248 | 10,750 | 9,242 | 8,634 |
| Total equity (incl. minority) | 2,987 | 3,930 | 4,623 | 4,741 | 4,685 | 4,398 | 4,177 | 4,277 | 3,947 | 4,199 | 4,104 | 2,928 |
| Retained earnings | -4,857 | -4,287 | -4,021 | -3,995 | -4,090 | -4,122 | -4,229 | -4,385 | -4,455 | -4,378 | -4,383 | -5,415 |
| Minority interest | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 26.0 | 74.0 | 88.0 | 91.0 | 120 | 15.0 | — |