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 | 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 revenue | 8,856 | 8,504 | 8,835 | 9,267 | 8,524 | 7,908 | 7,965 | 7,866 | 7,323 | 7,114 | 6,561 | 6,184 |
| Cost of revenue | 6,362 | 6,207 | 6,291 | 6,547 | 5,963 | 5,592 | 5,590 | 5,597 | 5,181 | 5,185 | 4,881 | 4,618 |
| Gross profit | 2,494 | 2,297 | 2,544 | 2,720 | 2,561 | 2,316 | 2,375 | 2,269 | 2,142 | 1,929 | 1,680 | 1,566 |
| Selling, general and administrative | 3,050 | 2,539 | 2,536 | 2,558 | 2,412 | 2,162 | 2,196 | 2,152 | 2,167 | 1,831 | 1,549 | 1,478 |
| Operating income | -556 | -242 | 8.0 | 162 | 149 | 154 | 179 | 117 | -25.0 | 98.0 | 131 | 88.0 |
| EBIT | -556 | -242 | 8.0 | 162 | 149 | 154 | 179 | 117 | -25.0 | 98.0 | 131 | 88.0 |
| EBITDA | -411 | -99.0 | 144 | 295 | 275 | 276 | 299 | 229 | 81.0 | 193 | 208 | 156 |
| Interest expense | 25.0 | 13.0 | 16.0 | 22.0 | 25.0 | 23.0 | 40.0 | 36.0 | 37.0 | 27.0 | 14.0 | 13.0 |
| Pre-tax income | -533 | -255 | 22.0 | 165 | 194 | 216 | 279 | 132 | 3.0 | 59.0 | 172 | 117 |
| Income tax | 37.0 | 11.0 | 48.0 | 70.0 | 163 | 102 | 148 | 68.0 | 108 | 83.0 | -861 | 26.0 |
| Net income | -570 | -266 | -26.0 | 95.0 | 32.0 | 107 | 156 | 70.0 | -77.0 | 5.0 | 1,033 | 91.0 |
| Net income to common shareholders | -570 | -266 | -26.0 | 95.0 | 32.0 | 107 | 156 | 70.0 | -77.0 | 5.0 | 1,033 | 91.0 |
| Basic EPS | -0.32 | -0.15 | -0.01 | 0.05 | 0.02 | 0.06 | 0.09 | 0.04 | -0.04 | 0.00 | 0.58 | 0.05 |
| Diluted EPS | -0.32 | -0.15 | -0.02 | 0.05 | 0.02 | 0.06 | 0.08 | 0.04 | -0.04 | 0.00 | 0.57 | 0.05 |
| Average shares (basic) | 1,799 | 1,825 | 1,826 | 1,823 | 1,817 | 1,806 | 1,800 | 1,795 | 1,789 | 1,794 | 1,789 | 1,784 |
| Average shares (diluted) | 1,799 | 1,825 | 1,826 | 1,864 | 1,855 | 1,840 | 1,837 | 1,829 | 1,789 | 1,815 | 1,810 | 1,808 |