Coupang, Inc. (CPNG)

Coupang Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	25,728	23,866	21,223	18,338	16,488	11,045
Other Revenue	7,936	6,402	3,160	2,245	1,918	922.24
Revenue	33,664	30,268	24,383	20,583	18,406	11,967
Revenue Growth (YoY)	16.63%	24.14%	18.46%	11.83%	53.80%	90.77%
Cost of Revenue	23,576	21,437	18,193	15,873	15,297	9,981
Gross Profit	10,088	8,831	6,190	4,710	3,109	1,986
Selling, General & Admin	9,244	8,268	5,717	4,822	4,307	2,502
Operating Expenses	9,244	8,268	5,717	4,822	4,307	2,502
Operating Income	844	563	473	-112	-1,198	-515.99
Interest Expense	-110	-140	-48	-27	-45	-107.76
Interest & Investment Income	205	216	178	53	9	10.99
Currency Exchange Gain (Loss)	-	-	-	-	-	2.44
Other Non Operating Income (Expenses)	-18	-39	-19	-7	-12	147.46
EBT Excluding Unusual Items	921	600	584	-93	-1,246	-462.87
Merger & Restructuring Charges	-67	-127	-	-	-	-
Other Unusual Items	-	-	-	-	-296	-
Pretax Income	854	473	584	-93	-1,542	-462.87
Income Tax Expense	483	407	-776	-1	1	0.29
Earnings From Continuing Operations	371	66	1,360	-92	-1,543	-463.16
Minority Interest in Earnings	19	88	-	-	-	-
Net Income	390	154	1,360	-92	-1,543	-463.16
Preferred Dividends & Other Adjustments	-	-	-	-	-	92.73
Net Income to Common	390	154	1,360	-92	-1,543	-555.89
Net Income Growth	-62.17%	-88.68%	-	-	-	-
Shares Outstanding (Basic)	1,812	1,794	1,782	1,765	1,424	29
Shares Outstanding (Diluted)	1,872	1,826	1,803	1,765	1,424	29
Shares Change (YoY)	4.20%	1.28%	2.15%	23.95%	4808.31%	49.06%
EPS (Basic)	0.22	0.09	0.76	-0.05	-1.08	-19.16
EPS (Diluted)	0.21	0.08	0.75	-0.05	-1.08	-19.16
EPS Growth	-63.62%	-89.33%	-	-	-	-
Free Cash Flow	1,262	1,007	1,756	-259	-1,085	-183.08
Free Cash Flow Per Share	0.67	0.55	0.97	-0.15	-0.76	-6.31
Gross Margin	29.97%	29.18%	25.39%	22.88%	16.89%	16.60%
Operating Margin	2.51%	1.86%	1.94%	-0.54%	-6.51%	-4.31%
Profit Margin	1.16%	0.51%	5.58%	-0.45%	-8.38%	-4.64%
Free Cash Flow Margin	3.75%	3.33%	7.20%	-1.26%	-5.90%	-1.53%
EBITDA	1,345	996	748	119	-997	-388.48
EBITDA Margin	4.00%	3.29%	3.07%	0.58%	-5.42%	-3.25%
D&A For EBITDA	501	433	275	231	201	127.52
EBIT	844	563	473	-112	-1,198	-515.99
EBIT Margin	2.51%	1.86%	1.94%	-0.54%	-6.51%	-4.31%
Effective Tax Rate	56.56%	86.05%	-	-	-	-
Revenue as Reported	33,664	30,268	24,383	20,583	18,406	11,967

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q