Coupang Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	390	154	1,360	-92	-1,543	-463.16
Depreciation & Amortization	501	433	275	231	201	127.52
Stock-Based Compensation	474	433	326	262	249	31.33
Other Operating Activities	840	831	-247	542	750	222.45
Change in Accounts Receivable	102	209	-133	-34	-120	-4.31
Change in Inventory	-550	-376	-44	-367	-528	-504.29
Change in Accounts Payable	1,132	507	1,514	444	728	1,066
Change in Other Net Operating Assets	-522	-305	-399	-421	-148	-173.83
Operating Cash Flow	2,367	1,886	2,652	565	-411	301.55
Operating Cash Flow Growth	30.13%	-28.88%	369.38%	-	-	-
Capital Expenditures	-1,105	-879	-896	-824	-674	-484.63
Sale of Property, Plant & Equipment	6	9	19	13	2	0.51
Cash Acquisitions	-	68	-	-	-	-
Other Investing Activities	80	-17	-50	-37	-4	-36.53
Investing Cash Flow	-1,019	-819	-927	-848	-676	-520.65
Short-Term Debt Issued	-	42	10	-	-	144.74
Long-Term Debt Issued	-	857	572	701	434	142.17
Total Debt Issued	2,656	899	582	701	434	286.91
Short-Term Debt Repaid	-	-	-	-5	-2	-4.84
Long-Term Debt Repaid	-	-794	-392	-467	-336	-35.14
Total Debt Repaid	-2,228	-794	-392	-472	-338	-39.98
Net Debt Issued (Repaid)	428	105	190	229	96	246.93
Issuance of Common Stock	5	4	9	18	3,493	28.61
Repurchase of Common Stock	-81	-178	-	-	-	-97.04
Other Financing Activities	-72	-	-	-	-12	-
Financing Cash Flow	280	-69	199	247	3,577	178.5
Foreign Exchange Rate Adjustments	-266	-564	-14	-87	-81	70.37
Net Cash Flow	1,362	434	1,910	-123	2,409	29.77
Free Cash Flow	1,262	1,007	1,756	-259	-1,085	-183.08
Free Cash Flow Growth	37.17%	-42.65%	-	-	-	-
Free Cash Flow Margin	3.75%	3.33%	7.20%	-1.26%	-5.90%	-1.53%
Free Cash Flow Per Share	0.67	0.55	0.97	-0.15	-0.76	-6.31
Cash Interest Paid	85	85	31	19	21	23.66
Cash Income Tax Paid	151	138	110	6	3	0.86
Levered Free Cash Flow	1,117	460.38	1,284	-264.47	-772.66	177.26
Unlevered Free Cash Flow	1,186	547.88	1,314	-247.6	-744.54	244.61
Change in Working Capital	162	35	938	-378	-68	383.41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.