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Side-by-side financial comparison of Coupang, Inc. (CPNG) and Vipshop Holdings Ltd (VIPS), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
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.
Vipshop is a Chinese company that operates the e-commerce website VIP.com specializing in online discount sales. Vipshop is based out of Guangzhou, Guangdong, China, and was listed on New York Stock Exchange (NYSE) on March 23, 2012.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $8.8B | — | ||
| Q3 25 | $9.3B | — | ||
| Q2 25 | $8.5B | — | ||
| Q1 25 | $7.9B | — | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | $7.9B | — | ||
| Q2 24 | $7.3B | — | ||
| Q1 24 | $7.1B | — |
| Q4 25 | $-26.0M | — | ||
| Q3 25 | $95.0M | — | ||
| Q2 25 | $32.0M | — | ||
| Q1 25 | $107.0M | — | ||
| Q4 24 | $156.0M | — | ||
| Q3 24 | $70.0M | — | ||
| Q2 24 | $-77.0M | — | ||
| Q1 24 | $5.0M | — |
| 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 24 | 27.1% | — |
| 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 24 | 0.6% | — |
| Q4 25 | -0.3% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | -1.1% | — | ||
| Q1 24 | 0.1% | — |
| Q4 25 | $-0.02 | — | ||
| Q3 25 | $0.05 | — | ||
| Q2 25 | $0.02 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $0.04 | — | ||
| Q2 24 | $-0.04 | — | ||
| Q1 24 | $0.00 | — |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
