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Side-by-side financial comparison of Amphenol (APH) 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 $6.4B, roughly 1.4× Amphenol). Amphenol runs the higher net margin — 18.6% vs -0.3%, a 18.9% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (49.1% vs 10.9%). Amphenol produced more free cash flow last quarter ($1.5B vs $-278.0M). Over the past eight quarters, Amphenol's revenue compounded faster (40.6% CAGR vs 11.4%).

Amphenol Corporation is an American producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables. Amphenol is a portmanteau from the corporation's original name, American Phenolic Corp.

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.

APH vs CPNG — Head-to-Head

Bigger by revenue
CPNG
CPNG
1.4× larger
CPNG
$8.8B
$6.4B
APH
Growing faster (revenue YoY)
APH
APH
+38.2% gap
APH
49.1%
10.9%
CPNG
Higher net margin
APH
APH
18.9% more per $
APH
18.6%
-0.3%
CPNG
More free cash flow
APH
APH
$1.7B more FCF
APH
$1.5B
$-278.0M
CPNG
Faster 2-yr revenue CAGR
APH
APH
Annualised
APH
40.6%
11.4%
CPNG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APH
APH
CPNG
CPNG
Revenue
$6.4B
$8.8B
Net Profit
$1.2B
$-26.0M
Gross Margin
38.2%
28.8%
Operating Margin
26.8%
0.1%
Net Margin
18.6%
-0.3%
Revenue YoY
49.1%
10.9%
Net Profit YoY
60.2%
-116.7%
EPS (diluted)
$0.93
$-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.

Revenue
APH
APH
CPNG
CPNG
Q4 25
$6.4B
$8.8B
Q3 25
$6.2B
$9.3B
Q2 25
$5.7B
$8.5B
Q1 25
$4.8B
$7.9B
Q4 24
$4.3B
$8.0B
Q3 24
$4.0B
$7.9B
Q2 24
$3.6B
$7.3B
Q1 24
$3.3B
$7.1B
Net Profit
APH
APH
CPNG
CPNG
Q4 25
$1.2B
$-26.0M
Q3 25
$1.2B
$95.0M
Q2 25
$1.1B
$32.0M
Q1 25
$737.8M
$107.0M
Q4 24
$746.1M
$156.0M
Q3 24
$604.4M
$70.0M
Q2 24
$524.8M
$-77.0M
Q1 24
$548.7M
$5.0M
Gross Margin
APH
APH
CPNG
CPNG
Q4 25
38.2%
28.8%
Q3 25
38.1%
29.4%
Q2 25
36.3%
30.0%
Q1 25
34.2%
29.3%
Q4 24
34.3%
31.3%
Q3 24
33.6%
28.8%
Q2 24
33.6%
29.3%
Q1 24
33.4%
27.1%
Operating Margin
APH
APH
CPNG
CPNG
Q4 25
26.8%
0.1%
Q3 25
27.5%
1.7%
Q2 25
25.1%
1.7%
Q1 25
21.3%
1.9%
Q4 24
22.1%
3.9%
Q3 24
20.3%
1.4%
Q2 24
19.4%
-0.3%
Q1 24
21.0%
0.6%
Net Margin
APH
APH
CPNG
CPNG
Q4 25
18.6%
-0.3%
Q3 25
20.1%
1.0%
Q2 25
19.3%
0.4%
Q1 25
15.3%
1.4%
Q4 24
17.3%
2.0%
Q3 24
15.0%
0.9%
Q2 24
14.5%
-1.1%
Q1 24
16.9%
0.1%
EPS (diluted)
APH
APH
CPNG
CPNG
Q4 25
$0.93
$-0.02
Q3 25
$0.97
$0.05
Q2 25
$0.86
$0.02
Q1 25
$0.58
$0.06
Q4 24
$0.16
$0.08
Q3 24
$0.48
$0.04
Q2 24
$0.41
$-0.04
Q1 24
$0.87
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APH
APH
CPNG
CPNG
Cash + ST InvestmentsLiquidity on hand
$11.4B
$6.3B
Total DebtLower is stronger
$14.6B
$648.0M
Stockholders' EquityBook value
$13.4B
$4.6B
Total Assets
$36.2B
$17.8B
Debt / EquityLower = less leverage
1.09×
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APH
APH
CPNG
CPNG
Q4 25
$11.4B
$6.3B
Q3 25
$3.9B
$7.2B
Q2 25
$3.2B
$6.8B
Q1 25
$1.7B
$6.1B
Q4 24
$3.3B
$5.9B
Q3 24
$1.6B
$5.8B
Q2 24
$1.3B
$5.5B
Q1 24
$2.0B
$5.2B
Total Debt
APH
APH
CPNG
CPNG
Q4 25
$14.6B
$648.0M
Q3 25
$7.1B
Q2 25
$7.1B
Q1 25
$6.8B
Q4 24
$6.5B
$988.0M
Q3 24
$5.1B
Q2 24
$5.0B
Q1 24
$3.6B
Stockholders' Equity
APH
APH
CPNG
CPNG
Q4 25
$13.4B
$4.6B
Q3 25
$12.5B
$4.7B
Q2 25
$11.5B
$4.7B
Q1 25
$10.3B
$4.4B
Q4 24
$9.8B
$4.1B
Q3 24
$9.5B
$4.2B
Q2 24
$9.0B
$3.9B
Q1 24
$8.7B
$4.1B
Total Assets
APH
APH
CPNG
CPNG
Q4 25
$36.2B
$17.8B
Q3 25
$27.1B
$18.7B
Q2 25
$25.7B
$17.8B
Q1 25
$22.9B
$16.0B
Q4 24
$21.4B
$15.3B
Q3 24
$19.6B
$16.3B
Q2 24
$18.6B
$15.2B
Q1 24
$16.7B
$14.9B
Debt / Equity
APH
APH
CPNG
CPNG
Q4 25
1.09×
0.14×
Q3 25
0.57×
Q2 25
0.62×
Q1 25
0.66×
Q4 24
0.66×
0.24×
Q3 24
0.54×
Q2 24
0.56×
Q1 24
0.41×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APH
APH
CPNG
CPNG
Operating Cash FlowLast quarter
$1.7B
$82.0M
Free Cash FlowOCF − Capex
$1.5B
$-278.0M
FCF MarginFCF / Revenue
22.8%
-3.1%
Capex IntensityCapex / Revenue
3.9%
4.1%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$4.4B
$522.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APH
APH
CPNG
CPNG
Q4 25
$1.7B
$82.0M
Q3 25
$1.5B
$792.0M
Q2 25
$1.4B
$545.0M
Q1 25
$764.9M
$354.0M
Q4 24
$847.1M
$676.0M
Q3 24
$704.0M
$334.0M
Q2 24
$664.1M
$664.0M
Q1 24
$599.5M
$212.0M
Free Cash Flow
APH
APH
CPNG
CPNG
Q4 25
$1.5B
$-278.0M
Q3 25
$1.2B
$439.0M
Q2 25
$1.1B
$246.0M
Q1 25
$576.3M
$115.0M
Q4 24
$647.3M
$462.0M
Q3 24
$474.0M
$-46.0M
Q2 24
$522.8M
$486.0M
Q1 24
$505.2M
$105.0M
FCF Margin
APH
APH
CPNG
CPNG
Q4 25
22.8%
-3.1%
Q3 25
19.6%
4.7%
Q2 25
19.8%
2.9%
Q1 25
12.0%
1.5%
Q4 24
15.0%
5.8%
Q3 24
11.7%
-0.6%
Q2 24
14.5%
6.6%
Q1 24
15.5%
1.5%
Capex Intensity
APH
APH
CPNG
CPNG
Q4 25
3.9%
4.1%
Q3 25
4.2%
3.8%
Q2 25
5.3%
3.5%
Q1 25
3.9%
3.0%
Q4 24
4.6%
2.7%
Q3 24
5.7%
4.8%
Q2 24
3.9%
2.4%
Q1 24
2.9%
1.5%
Cash Conversion
APH
APH
CPNG
CPNG
Q4 25
1.44×
Q3 25
1.18×
8.34×
Q2 25
1.30×
17.03×
Q1 25
1.04×
3.31×
Q4 24
1.14×
4.33×
Q3 24
1.16×
4.77×
Q2 24
1.27×
Q1 24
1.09×
42.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APH
APH

Communications Solutions Segment$3.5B54%
Harsh Environment Solutions Segment$1.7B26%
Sales Channel Through Intermediary$1.4B21%

CPNG
CPNG

Products$6.6B75%
Third Party Merchant Services$1.9B22%
Service Other$296.0M3%

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