Coupang, Inc.CPNGEarnings & Financial Report
Coupang, Inc. is an American Delaware-incorporated technology and online retail company headquartered in Seattle, Washington. Founded in 2010 by Bom Kim, the company operates a retail business, food delivery service, and OTT streaming service, with offices and operations in South Korea, Taiwan, the United States, India, Japan and Singapore.
CPNG Q1 FY2026 Key Financial Metrics
Revenue
$8.5B
Gross Profit
$2.3B
Operating Profit
N/A
Net Profit
N/A
Gross Margin
27.0%
Operating Margin
N/A
Net Margin
N/A
YoY Growth
7.5%
EPS
$-0.15
Coupang, Inc. Q1 FY2026 Financial Summary
Coupang, Inc. reported revenue of $8.5B (up 7.5% YoY) for Q1 FY2026, with a net profit of N/A (N/A margin). Cost of goods sold was $6.2B.
Key Financial Metrics
| Total Revenue | $8.5B |
|---|---|
| Net Profit | N/A |
| Gross Margin | 27.0% |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Coupang, Inc. Annual Revenue by Year
Coupang, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $34.5B).
Coupang, Inc. Quarterly Revenue & Net Profit History
Coupang, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $8.5B | +7.5% | N/A | N/A |
| Q4 FY2025 | $8.8B | +10.9% | $-26.0M | -0.3% |
| Q3 FY2025 | $9.3B | +17.8% | $95.0M | 1.0% |
| Q2 FY2025 | $8.5B | +16.4% | $32.0M | 0.4% |
| Q1 FY2025 | $7.9B | +11.2% | $107.0M | 1.4% |
| Q4 FY2024 | $8.0B | +21.4% | $156.0M | 2.0% |
| Q3 FY2024 | $7.9B | +27.2% | $70.0M | 0.9% |
| Q2 FY2024 | $7.3B | +25.4% | $-77.0M | -1.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.32B | $7.87B | $7.96B | $7.91B | $8.52B | $9.27B | $8.84B | $8.50B |
| YoY Growth | 25.4% | 27.2% | 21.4% | 11.2% | 16.4% | 17.8% | 10.9% | 7.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.20B | $16.34B | $15.34B | $15.99B | $17.83B | $18.67B | $17.79B | $17.40B |
| Liabilities | $11.25B | $12.06B | $11.17B | $11.59B | $13.15B | $13.93B | $13.16B | $13.47B |
| Equity | $3.85B | $4.19B | $4.10B | $4.37B | $4.68B | $4.74B | $4.62B | $3.93B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $664.0M | $334.0M | $676.0M | $354.0M | $545.0M | $792.0M | $82.0M | $184.0M |