Coupang, Inc. (CPNG) — Financial statements
Income statement, balance sheet, and cash flow for Coupang, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 34,534↑14.1% | 30,268↑24.1% | 24,383↑18.5% | 20,583↑11.8% | 18,406 | |
| Cost of Revenue | 24,393↑13.8% | 21,437↑17.8% | 18,193↑14.6% | 15,873↑2.7% | 15,455 | |
| Gross Profit | 10,141↑14.8% | 8,831↑42.7% | 6,190↑31.4% | 4,710↑59.6% | 2,951 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 9,668↑15.2% | 8,395↑46.8% | 5,717↑18.6% | 4,822↑8.5% | 4,445 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 9,668↑15.2% | 8,395↑46.8% | 5,717↑18.6% | 4,822↑8.5% | 4,445 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 9,668↑15.2% | 8,395↑46.8% | 5,717↑18.6% | 4,822↑8.5% | 4,445 | |
| Total Costs & Expenses | 34,061↑14.2% | 29,832↑24.8% | 23,910↑15.5% | 20,695↑4.0% | 19,900 | |
| Operating Results | ||||||
| Operating Income | 473↑8.5% | 436↓7.8% | 473↑522.3% | -112↑92.5% | -1,494 | |
| Depreciation & Amortization | 0.00↓100.0% | 433↑57.5% | 275↑19.0% | 231↑14.9% | 201 | |
| EBITDA | 683↓34.7% | 1,046↑15.3% | 907↑449.7% | 165↑112.7% | -1,296 | |
| EBIT | 683↑11.4% | 613↓3.0% | 632↑1057.6% | -66↑95.6% | -1,497 | |
| Interest & Other Income | ||||||
| Net Interest Income | 113↑48.7% | 76↓41.5% | 130↑400.0% | 26↑172.2% | -36 | |
| Interest Income | 199↓7.9% | 216↑21.3% | 178↑235.8% | 53↑488.9% | 9 | |
| Interest Expense | 86↓38.6% | 140↑191.7% | 48↑77.8% | 27↓40.0% | 45 | |
| Non-Operating Income | -210↓18.6% | -177↓11.3% | -159↓245.7% | -46↓1633.3% | 3 | |
| Other Income / Expenses | 124↑235.1% | 37↓66.7% | 111↑484.2% | 19↑139.6% | -48 | |
| Income Before Tax | 597↑26.2% | 473↓19.0% | 584↑728.0% | -93↑94.0% | -1,542 | |
| Income Tax Expense | 383↓5.9% | 407↑152.4% | -776↓77500.0% | -1↓200.0% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 214↑224.2% | 66↓95.1% | 1,360↑1578.3% | -92↑94.0% | -1,543 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 208↑35.1% | 154↓88.7% | 1,360↑1578.3% | -92↑94.0% | -1,543 | |
| Bottom-Line Net Income | 208↑35.1% | 154↓88.7% | 1,360↑1578.3% | -92↑94.0% | -1,543 | |
| EPS (Basic) | 0.11↑28.2% | 0.09↓88.7% | 0.76↑1558.7% | -0.05↑95.2% | -1.08 | |
| EPS (Diluted) | 0.11↑30.5% | 0.08↓88.8% | 0.75↑1539.5% | -0.05↑95.2% | -1.08 | |
| Weighted Average Shares | 1,818↑1.3% | 1,794↑0.7% | 1,782↑1.0% | 1,765↑23.9% | 1,424 | |
| Weighted Average Diluted Shares | 1,855↑1.6% | 1,826↑1.3% | 1,803↑2.2% | 1,765↑23.9% | 1,424 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.