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Side-by-side financial comparison of CBRE Group (CBRE) and Coupang, Inc. (CPNG). Click either name above to swap in a different company.
CBRE Group is the larger business by last-quarter revenue ($10.5B vs $8.8B, roughly 1.2× Coupang, Inc.). CBRE Group runs the higher net margin — 3.0% vs -0.3%, a 3.3% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (22.0% vs 10.9%). Coupang, Inc. produced more free cash flow last quarter ($-278.0M vs $-605.0M). Over the past eight quarters, CBRE Group's revenue compounded faster (13.0% CAGR vs 11.4%).
CBRE can refer to:Canadian Brotherhood of Railway Employees, a railway trade union in Canada Chemical, Biological, Radiological and Explosive Defence Group, a counter-terrorism unit in Singapore CBRE Group, a multinational real estate corporation Certified broadcast radio engineer, a professional title regulated by The Society of Broadcast Engineers
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.
CBRE vs CPNG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.5B | $8.8B |
| Net Profit | $318.0M | $-26.0M |
| Gross Margin | 17.6% | 28.8% |
| Operating Margin | 4.9% | 0.1% |
| Net Margin | 3.0% | -0.3% |
| Revenue YoY | 22.0% | 10.9% |
| Net Profit YoY | 95.1% | -116.7% |
| EPS (diluted) | — | $-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 | $10.5B | — | ||
| Q4 25 | $11.5B | $8.8B | ||
| Q3 25 | $10.1B | $9.3B | ||
| Q2 25 | $9.6B | $8.5B | ||
| Q1 25 | $8.8B | $7.9B | ||
| Q4 24 | $10.2B | $8.0B | ||
| Q3 24 | $8.8B | $7.9B | ||
| Q2 24 | $8.2B | $7.3B |
| Q1 26 | $318.0M | — | ||
| Q4 25 | $416.0M | $-26.0M | ||
| Q3 25 | $363.0M | $95.0M | ||
| Q2 25 | $215.0M | $32.0M | ||
| Q1 25 | $163.0M | $107.0M | ||
| Q4 24 | $487.0M | $156.0M | ||
| Q3 24 | $225.0M | $70.0M | ||
| Q2 24 | $130.0M | $-77.0M |
| Q1 26 | 17.6% | — | ||
| Q4 25 | 17.3% | 28.8% | ||
| Q3 25 | 17.7% | 29.4% | ||
| Q2 25 | 17.1% | 30.0% | ||
| Q1 25 | 17.1% | 29.3% | ||
| Q4 24 | 18.7% | 31.3% | ||
| Q3 24 | 18.1% | 28.8% | ||
| Q2 24 | 17.6% | 29.3% |
| Q1 26 | 4.9% | — | ||
| Q4 25 | 5.4% | 0.1% | ||
| Q3 25 | 4.8% | 1.7% | ||
| Q2 25 | 3.9% | 1.7% | ||
| Q1 25 | 3.1% | 1.9% | ||
| Q4 24 | 5.8% | 3.9% | ||
| Q3 24 | 4.2% | 1.4% | ||
| Q2 24 | 3.0% | -0.3% |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.6% | -0.3% | ||
| Q3 25 | 3.6% | 1.0% | ||
| Q2 25 | 2.2% | 0.4% | ||
| Q1 25 | 1.9% | 1.4% | ||
| Q4 24 | 4.8% | 2.0% | ||
| Q3 24 | 2.5% | 0.9% | ||
| Q2 24 | 1.6% | -1.1% |
| Q1 26 | — | — | ||
| Q4 25 | $1.38 | $-0.02 | ||
| Q3 25 | $1.21 | $0.05 | ||
| Q2 25 | $0.72 | $0.02 | ||
| Q1 25 | $0.54 | $0.06 | ||
| Q4 24 | $1.58 | $0.08 | ||
| Q3 24 | $0.73 | $0.04 | ||
| Q2 24 | $0.42 | $-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 | $1.7B | $6.3B |
| Total DebtLower is stronger | $5.1B | $648.0M |
| Stockholders' EquityBook value | $8.9B | $4.6B |
| Total Assets | $30.2B | $17.8B |
| Debt / EquityLower = less leverage | 0.57× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.9B | $6.3B | ||
| Q3 25 | $1.7B | $7.2B | ||
| Q2 25 | $1.4B | $6.8B | ||
| Q1 25 | $1.4B | $6.1B | ||
| Q4 24 | $1.1B | $5.9B | ||
| Q3 24 | $1.0B | $5.8B | ||
| Q2 24 | $928.0M | $5.5B |
| Q1 26 | $5.1B | — | ||
| Q4 25 | — | $648.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $988.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $8.9B | — | ||
| Q4 25 | $8.9B | $4.6B | ||
| Q3 25 | $8.5B | $4.7B | ||
| Q2 25 | $8.3B | $4.7B | ||
| Q1 25 | $8.3B | $4.4B | ||
| Q4 24 | $8.4B | $4.1B | ||
| Q3 24 | $8.7B | $4.2B | ||
| Q2 24 | $8.4B | $3.9B |
| Q1 26 | $30.2B | — | ||
| Q4 25 | $30.9B | $17.8B | ||
| Q3 25 | $28.6B | $18.7B | ||
| Q2 25 | $27.7B | $17.8B | ||
| Q1 25 | $26.4B | $16.0B | ||
| Q4 24 | $24.4B | $15.3B | ||
| Q3 24 | $24.8B | $16.3B | ||
| Q2 24 | $23.5B | $15.2B |
| Q1 26 | 0.57× | — | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | — | ||
| Q2 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 | $-825.0M | $82.0M |
| Free Cash FlowOCF − Capex | $-605.0M | $-278.0M |
| FCF MarginFCF / Revenue | -5.7% | -3.1% |
| Capex IntensityCapex / Revenue | 0.8% | 4.1% |
| Cash ConversionOCF / Net Profit | -2.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $522.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-825.0M | — | ||
| Q4 25 | $1.2B | $82.0M | ||
| Q3 25 | $827.0M | $792.0M | ||
| Q2 25 | $57.0M | $545.0M | ||
| Q1 25 | $-546.0M | $354.0M | ||
| Q4 24 | $1.3B | $676.0M | ||
| Q3 24 | $573.0M | $334.0M | ||
| Q2 24 | $287.0M | $664.0M |
| Q1 26 | $-605.0M | — | ||
| Q4 25 | $1.1B | $-278.0M | ||
| Q3 25 | $743.0M | $439.0M | ||
| Q2 25 | $-17.0M | $246.0M | ||
| Q1 25 | $-610.0M | $115.0M | ||
| Q4 24 | $1.2B | $462.0M | ||
| Q3 24 | $494.0M | $-46.0M | ||
| Q2 24 | $220.0M | $486.0M |
| Q1 26 | -5.7% | — | ||
| Q4 25 | 9.4% | -3.1% | ||
| Q3 25 | 7.4% | 4.7% | ||
| Q2 25 | -0.2% | 2.9% | ||
| Q1 25 | -7.0% | 1.5% | ||
| Q4 24 | 12.2% | 5.8% | ||
| Q3 24 | 5.6% | -0.6% | ||
| Q2 24 | 2.7% | 6.6% |
| Q1 26 | 0.8% | — | ||
| Q4 25 | 1.3% | 4.1% | ||
| Q3 25 | 0.8% | 3.8% | ||
| Q2 25 | 0.8% | 3.5% | ||
| Q1 25 | 0.7% | 3.0% | ||
| Q4 24 | 0.9% | 2.7% | ||
| Q3 24 | 0.9% | 4.8% | ||
| Q2 24 | 0.8% | 2.4% |
| Q1 26 | -2.59× | — | ||
| Q4 25 | 2.94× | — | ||
| Q3 25 | 2.28× | 8.34× | ||
| Q2 25 | 0.27× | 17.03× | ||
| Q1 25 | -3.35× | 3.31× | ||
| Q4 24 | 2.75× | 4.33× | ||
| Q3 24 | 2.55× | 4.77× | ||
| Q2 24 | 2.21× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBRE
Segment breakdown not available.
CPNG
| Products | $6.6B | 75% |
| Third Party Merchant Services | $1.9B | 22% |
| Service Other | $296.0M | 3% |
