Coupang, Inc. (CPNG) income statement
NYSE · Consumer Cyclical · Specialty Retail · 108,000 employees · CEO Bom Kim
- Price
- $14.37 -1.37%
- Market cap
- $25.8B
- Enterprise value
- $25.4B
- Last report
- Q2 '26 filed 2026-08-04
- Next report
- 2026-11-03 EPS est. -$0.09
Coupang, Inc. (CPNG) reported revenue of $8.86B for Q2 '26 (+3.9% year on year), operating income of -$556M (-6.3% of revenue) and net income of -$570M. Over the last four quarters revenue was $35.5B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.18B | $6.56B | $7.11B | $7.32B | $7.87B | $7.97B | $7.91B | $8.52B | $9.27B | $8.84B | $8.5B | $8.86B | |
| Cost of revenue | $4.62B | $4.88B | $5.19B | $5.18B | $5.6B | $5.47B | $5.59B | $5.96B | $6.55B | $6.29B | $6.21B | $6.36B | |
| Gross profit | $1.57B | $1.68B | $1.93B | $2.14B | $2.27B | $2.49B | $2.32B | $2.56B | $2.72B | $2.54B | $2.3B | $2.49B | |
| General & administrative | $1.48B | $1.55B | $1.89B | $0 | $0 | $0 | $0 | $2.41B | $2.56B | $2.54B | $2.54B | $3.05B | |
| Other operating expenses | -$303K | $449K | $0 | $0 | $0 | $0 | $2.16B | $0 | $0 | $0 | $0 | $0 | |
| Operating expenses | $1.48B | $1.55B | $1.89B | $2.17B | $2.16B | $2.18B | $2.16B | $2.41B | $2.56B | $2.54B | $2.54B | $3.05B | |
| Operating income | $88M | $130M | $40M | -$25M | $109M | $312M | $154M | $149M | $162M | $8M | -$242M | -$556M | |
| Interest income | $50.2M | $54.1M | $55M | $53M | $55M | $53M | $49M | $51M | $52M | $47M | $44M | $42M | |
| Interest expense | $13.3M | $13.9M | $27M | $37M | $36M | $40M | $23M | $25M | $22M | $16M | $13M | $25M | |
| Other non-operating income (gains on investments, FX ...) | -$42M | -$56M | -$46M | -$65M | -$59M | -$7M | -$85M | -$70M | -$25M | -$30M | $0 | -$48M | |
| Total non-operating income | $29M | $42M | $19M | $28M | $23M | -$33M | $62M | $45M | $3M | $14M | -$13M | $23M | |
| Income before tax | $117M | $172M | $59M | $3M | $132M | $279M | $216M | $194M | $165M | $22M | -$255M | -$533M | |
| Income tax | $26M | -$861M | $83M | $108M | $68M | $148M | $102M | $163M | $70M | $48M | $11M | $37M | |
| Net income | $91M | $1.03B | $5M | -$77M | $70M | $156M | $107M | $32M | $95M | -$26M | -$266M | -$570M | |
| EPS (basic) | $0.05 | $0.58 | $0.00 | -$0.04 | $0.04 | $0.09 | $0.06 | $0.02 | $0.05 | -$0.01 | -$0.15 | -$0.32 | |
| EPS (diluted) | $0.05 | $0.57 | $0.00 | -$0.04 | $0.04 | $0.08 | $0.06 | $0.02 | $0.05 | -$0.01 | -$0.15 | -$0.32 | |
| Shares (basic, weighted) | 1.78B | 1.78B | 1.79B | 1.79B | 1.8B | 1.8B | 1.81B | 1.82B | 1.82B | 1.82B | 1.83B | 1.8B | |
| Shares (diluted, weighted) | 1.81B | 1.8B | 1.82B | 1.79B | 1.83B | 1.84B | 1.84B | 1.86B | 1.86B | 1.86B | 1.83B | 1.8B | |
| Depreciation & amortization | $68M | $77.2M | $95M | $106M | $112M | $120M | $122M | $126M | $133M | $136M | $143M | $145M | |
| EBITDA | $198M | $263M | $181M | $146M | $280M | $439M | $361M | $345M | $320M | $174M | -$99M | -$363M |
| Income statement | Trend | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.05B | $6.27B | $12B | $18.4B | $20.6B | $24.4B | $30.3B | $34.5B | |
| Cost of revenue | $3.86B | $5.24B | $9.98B | $15.5B | $15.9B | $18.2B | $21.4B | $24.4B | |
| Gross profit | $189M | $1.03B | $1.99B | $2.95B | $4.71B | $6.19B | $8.83B | $10.1B | |
| General & administrative | $1.24B | $1.68B | $2.5B | $4.45B | $4.82B | $5.72B | $8.4B | $9.67B | |
| Operating expenses | $1.24B | $1.68B | $2.5B | $4.45B | $4.82B | $5.72B | $8.4B | $9.67B | |
| Operating income | -$1.05B | -$642M | -$516M | -$1.49B | -$112M | $473M | $436M | $473M | |
| Interest income | $3.93M | $19.1M | $11M | $9M | $53M | $178M | $216M | $199M | |
| Interest expense | $70.9M | $96.9M | $108M | $45M | $27M | $48M | $140M | $86M | |
| Other non-operating income (gains on investments, FX ...) | -$28.1M | -$41.7M | -$161M | $3M | -$46M | -$159M | -$177M | -$210M | |
| Total non-operating income | -$42.8M | -$55.2M | $53.1M | -$48M | $19M | $111M | $37M | $124M | |
| Income before tax | -$1.1B | -$697M | -$463M | -$1.54B | -$93M | $584M | $473M | $597M | |
| Income tax | $2.28M | -$241K | $292K | $1M | -$1M | -$776M | $407M | $383M | |
| Net income | -$1.1B | -$697M | -$463M | -$1.54B | -$92M | $1.36B | $154M | $208M | |
| EPS (basic) | -$0.69 | -$0.48 | -$0.33 | -$1.08 | -$0.05 | $0.76 | $0.09 | $0.11 | |
| EPS (diluted) | -$0.69 | -$0.48 | -$0.33 | -$1.08 | -$0.05 | $0.75 | $0.08 | $0.11 | |
| Shares (basic, weighted) | 1.6B | 1.6B | 1.71B | 1.42B | 1.76B | 1.78B | 1.79B | 1.82B | |
| Shares (diluted, weighted) | 1.6B | 1.6B | 1.71B | 1.42B | 1.76B | 1.8B | 1.83B | 1.86B | |
| Depreciation & amortization | $53.6M | $70.9M | $128M | $201M | $231M | $275M | $433M | $517M | |
| EBITDA | -$971M | -$529M | -$228M | -$1.3B | $165M | $907M | $1.05B | $1.2B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02