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Side-by-side financial comparison of Allstate (ALL) and Coupang, Inc. (CPNG). Click either name above to swap in a different company.
Coupang, Inc. is the larger business by last-quarter revenue ($8.8B vs $922.0M, roughly 9.6× Allstate). Allstate runs the higher net margin — 266.6% vs -0.3%, a 266.9% gap on every dollar of revenue. On growth, Coupang, Inc. posted the faster year-over-year revenue change (10.9% vs 7.2%). Over the past eight quarters, Coupang, Inc.'s revenue compounded faster (11.4% CAGR vs -75.8%).
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...
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.
ALL vs CPNG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $922.0M | $8.8B |
| Net Profit | $2.5B | $-26.0M |
| Gross Margin | — | 28.8% |
| Operating Margin | -1400.3% | 0.1% |
| Net Margin | 266.6% | -0.3% |
| Revenue YoY | 7.2% | 10.9% |
| Net Profit YoY | — | -116.7% |
| EPS (diluted) | $9.25 | $-0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $922.0M | — | ||
| Q4 25 | $17.3B | $8.8B | ||
| Q3 25 | $17.3B | $9.3B | ||
| Q2 25 | $16.6B | $8.5B | ||
| Q1 25 | $16.5B | $7.9B | ||
| Q4 24 | $16.5B | $8.0B | ||
| Q3 24 | $16.6B | $7.9B | ||
| Q2 24 | $15.7B | $7.3B |
| Q1 26 | $2.5B | — | ||
| Q4 25 | $3.8B | $-26.0M | ||
| Q3 25 | $3.7B | $95.0M | ||
| Q2 25 | $2.1B | $32.0M | ||
| Q1 25 | $595.0M | $107.0M | ||
| Q4 24 | $1.9B | $156.0M | ||
| Q3 24 | $1.2B | $70.0M | ||
| Q2 24 | $331.0M | $-77.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.8% | ||
| Q3 25 | — | 29.4% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 29.3% | ||
| Q4 24 | — | 31.3% | ||
| Q3 24 | — | 28.8% | ||
| Q2 24 | — | 29.3% |
| Q1 26 | -1400.3% | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | -0.3% |
| Q1 26 | 266.6% | — | ||
| Q4 25 | 22.1% | -0.3% | ||
| Q3 25 | 21.7% | 1.0% | ||
| Q2 25 | 12.7% | 0.4% | ||
| Q1 25 | 3.6% | 1.4% | ||
| Q4 24 | 11.7% | 2.0% | ||
| Q3 24 | 7.2% | 0.9% | ||
| Q2 24 | 2.1% | -1.1% |
| Q1 26 | $9.25 | — | ||
| Q4 25 | $14.24 | $-0.02 | ||
| Q3 25 | $13.95 | $0.05 | ||
| Q2 25 | $7.76 | $0.02 | ||
| Q1 25 | $2.11 | $0.06 | ||
| Q4 24 | $7.07 | $0.08 | ||
| Q3 24 | $4.33 | $0.04 | ||
| Q2 24 | $1.13 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $6.3B |
| Total DebtLower is stronger | — | $648.0M |
| Stockholders' EquityBook value | $31.6B | $4.6B |
| Total Assets | $124.0B | $17.8B |
| Debt / EquityLower = less leverage | — | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $6.3B | ||
| Q3 25 | $8.7B | $7.2B | ||
| Q2 25 | $9.6B | $6.8B | ||
| Q1 25 | $6.5B | $6.1B | ||
| Q4 24 | $4.5B | $5.9B | ||
| Q3 24 | $7.0B | $5.8B | ||
| Q2 24 | $5.3B | $5.5B |
| Q1 26 | — | — | ||
| Q4 25 | $7.5B | $648.0M | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | $988.0M | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | — |
| Q1 26 | $31.6B | — | ||
| Q4 25 | $30.6B | $4.6B | ||
| Q3 25 | $27.5B | $4.7B | ||
| Q2 25 | $24.0B | $4.7B | ||
| Q1 25 | $22.1B | $4.4B | ||
| Q4 24 | $21.4B | $4.1B | ||
| Q3 24 | $20.9B | $4.2B | ||
| Q2 24 | $18.6B | $3.9B |
| Q1 26 | $124.0B | — | ||
| Q4 25 | $119.8B | $17.8B | ||
| Q3 25 | $120.4B | $18.7B | ||
| Q2 25 | $115.9B | $17.8B | ||
| Q1 25 | $115.2B | $16.0B | ||
| Q4 24 | $111.6B | $15.3B | ||
| Q3 24 | $113.7B | $16.3B | ||
| Q2 24 | $108.4B | $15.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.24× | 0.14× | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.38× | 0.24× | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.43× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $82.0M |
| Free Cash FlowOCF − Capex | — | $-278.0M |
| FCF MarginFCF / Revenue | — | -3.1% |
| Capex IntensityCapex / Revenue | — | 4.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $522.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $82.0M | ||
| Q3 25 | $3.3B | $792.0M | ||
| Q2 25 | $1.9B | $545.0M | ||
| Q1 25 | $2.0B | $354.0M | ||
| Q4 24 | $1.7B | $676.0M | ||
| Q3 24 | $3.2B | $334.0M | ||
| Q2 24 | $2.4B | $664.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $-278.0M | ||
| Q3 25 | $3.2B | $439.0M | ||
| Q2 25 | $1.9B | $246.0M | ||
| Q1 25 | $1.9B | $115.0M | ||
| Q4 24 | $1.7B | $462.0M | ||
| Q3 24 | $3.1B | $-46.0M | ||
| Q2 24 | $2.3B | $486.0M |
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | -3.1% | ||
| Q3 25 | 18.8% | 4.7% | ||
| Q2 25 | 11.3% | 2.9% | ||
| Q1 25 | 11.4% | 1.5% | ||
| Q4 24 | 10.0% | 5.8% | ||
| Q3 24 | 18.9% | -0.6% | ||
| Q2 24 | 14.7% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 4.1% | ||
| Q3 25 | 0.3% | 3.8% | ||
| Q2 25 | 0.0% | 3.5% | ||
| Q1 25 | 0.6% | 3.0% | ||
| Q4 24 | 0.3% | 2.7% | ||
| Q3 24 | 0.4% | 4.8% | ||
| Q2 24 | 0.4% | 2.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | 8.34× | ||
| Q2 25 | 0.89× | 17.03× | ||
| Q1 25 | 3.30× | 3.31× | ||
| Q4 24 | 0.88× | 4.33× | ||
| Q3 24 | 2.69× | 4.77× | ||
| Q2 24 | 7.13× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALL
Segment breakdown not available.
CPNG
| Products | $6.6B | 75% |
| Third Party Merchant Services | $1.9B | 22% |
| Service Other | $296.0M | 3% |
