vs
Side-by-side financial comparison of AMAZE HOLDINGS, INC. (AMZE) and Coupang, Inc. (CPNG). Click either name above to swap in a different company.
AMAZE HOLDINGS, INC. runs the higher net margin — 19743.5% vs -0.3%, a 19743.8% gap on every dollar of revenue. On growth, Coupang, Inc. posted the faster year-over-year revenue change (10.9% vs -457.2%). Over the past eight quarters, Coupang, Inc.'s revenue compounded faster (NaN% CAGR vs NaN%).
AMAZE is a virtual reality concert production company founded in July 2015 by former executives and founders of Kakao. Its headquarters is located in Los Angeles, California, with a second office in Seoul, South Korea. AMAZE develops VR concert experiences for global pop and K-pop artists, distributed via VR headset apps and theatrical installations.
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.
AMZE vs CPNG — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $-217.2K | $8.8B |
| Net Profit | $-42.9M | $-26.0M |
| Gross Margin | 178.3% | 28.8% |
| Operating Margin | 20191.9% | 0.1% |
| Net Margin | 19743.5% | -0.3% |
| Revenue YoY | -457.2% | 10.9% |
| Net Profit YoY | -38251.0% | -116.7% |
| EPS (diluted) | $-4.06 | $-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.
| Q4 25 | $-217.2K | $8.8B | ||
| Q3 25 | $1.3M | $9.3B | ||
| Q2 25 | $869.9K | $8.5B | ||
| Q1 25 | $60.2K | $7.9B | ||
| Q4 24 | $60.8K | $8.0B | ||
| Q3 24 | $63.2K | $7.9B | ||
| Q2 24 | $70.5K | $7.3B | ||
| Q1 24 | $104.6K | $7.1B |
| Q4 25 | $-42.9M | $-26.0M | ||
| Q3 25 | $-5.1M | $95.0M | ||
| Q2 25 | $-5.0M | $32.0M | ||
| Q1 25 | $-2.1M | $107.0M | ||
| Q4 24 | $-111.8K | $156.0M | ||
| Q3 24 | $-315.3K | $70.0M | ||
| Q2 24 | $-879.6K | $-77.0M | ||
| Q1 24 | $-1.2M | $5.0M |
| Q4 25 | 178.3% | 28.8% | ||
| Q3 25 | 93.5% | 29.4% | ||
| Q2 25 | 90.5% | 30.0% | ||
| Q1 25 | -4.3% | 29.3% | ||
| Q4 24 | -5.8% | 31.3% | ||
| Q3 24 | — | 28.8% | ||
| Q2 24 | -62.0% | 29.3% | ||
| Q1 24 | -106.4% | 27.1% |
| Q4 25 | 20191.9% | 0.1% | ||
| Q3 25 | -347.8% | 1.7% | ||
| Q2 25 | -492.7% | 1.7% | ||
| Q1 25 | -3138.6% | 1.9% | ||
| Q4 24 | -1190.7% | 3.9% | ||
| Q3 24 | -488.8% | 1.4% | ||
| Q2 24 | -1247.9% | -0.3% | ||
| Q1 24 | -1159.4% | 0.6% |
| Q4 25 | 19743.5% | -0.3% | ||
| Q3 25 | -410.4% | 1.0% | ||
| Q2 25 | -580.3% | 0.4% | ||
| Q1 25 | -3469.6% | 1.4% | ||
| Q4 24 | -183.9% | 2.0% | ||
| Q3 24 | -498.8% | 0.9% | ||
| Q2 24 | -1247.9% | -1.1% | ||
| Q1 24 | -1159.4% | 0.1% |
| Q4 25 | $-4.06 | $-0.02 | ||
| Q3 25 | $-0.85 | $0.05 | ||
| Q2 25 | $-3.14 | $0.02 | ||
| Q1 25 | $-0.13 | $0.06 | ||
| Q4 24 | $-1.92 | $0.08 | ||
| Q3 24 | $-0.53 | $0.04 | ||
| Q2 24 | $-1.30 | $-0.04 | ||
| Q1 24 | $-0.08 | $0.00 |
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 | $7.2M | $648.0M |
| Stockholders' EquityBook value | $9.8M | $4.6B |
| Total Assets | $34.2M | $17.8B |
| Debt / EquityLower = less leverage | 0.74× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $6.3B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | — | $6.8B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | $156.0K | $5.9B | ||
| Q3 24 | — | $5.8B | ||
| Q2 24 | $145.0K | $5.5B | ||
| Q1 24 | $59.0K | $5.2B |
| Q4 25 | $7.2M | $648.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $988.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $9.8M | $4.6B | ||
| Q3 25 | $71.2M | $4.7B | ||
| Q2 25 | $70.6M | $4.7B | ||
| Q1 25 | $74.9M | $4.4B | ||
| Q4 24 | $1.5M | $4.1B | ||
| Q3 24 | $-2.4M | $4.2B | ||
| Q2 24 | $-2.2M | $3.9B | ||
| Q1 24 | $-2.0M | $4.1B |
| Q4 25 | $34.2M | $17.8B | ||
| Q3 25 | $98.5M | $18.7B | ||
| Q2 25 | $98.9M | $17.8B | ||
| Q1 25 | $99.8M | $16.0B | ||
| Q4 24 | $4.4M | $15.3B | ||
| Q3 24 | $981.8K | $16.3B | ||
| Q2 24 | $856.7K | $15.2B | ||
| Q1 24 | $884.9K | $14.9B |
| Q4 25 | 0.74× | 0.14× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-7.7M | $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.
| Q4 25 | $-7.7M | $82.0M | ||
| Q3 25 | $-5.9M | $792.0M | ||
| Q2 25 | $-2.5M | $545.0M | ||
| Q1 25 | $-1.4M | $354.0M | ||
| Q4 24 | $-585.0K | $676.0M | ||
| Q3 24 | $-400.2K | $334.0M | ||
| Q2 24 | $-613.7K | $664.0M | ||
| Q1 24 | $-332.8K | $212.0M |
| Q4 25 | — | $-278.0M | ||
| Q3 25 | — | $439.0M | ||
| Q2 25 | — | $246.0M | ||
| Q1 25 | — | $115.0M | ||
| Q4 24 | — | $462.0M | ||
| Q3 24 | — | $-46.0M | ||
| Q2 24 | — | $486.0M | ||
| Q1 24 | — | $105.0M |
| Q4 25 | — | -3.1% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 4.8% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 8.34× | ||
| Q2 25 | — | 17.03× | ||
| Q1 25 | — | 3.31× | ||
| Q4 24 | — | 4.33× | ||
| Q3 24 | — | 4.77× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 42.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMZE
Segment breakdown not available.
CPNG
| Products | $6.6B | 75% |
| Third Party Merchant Services | $1.9B | 22% |
| Service Other | $296.0M | 3% |
