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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	24,787	23,866	21,223	18,338	16,488	11,045
Other Revenue	7,476	6,402	3,160	2,245	1,918	922.24
Revenue	32,263	30,268	24,383	20,583	18,406	11,967
Revenue Growth (YoY)	18.69%	24.14%	18.46%	11.83%	53.80%	90.77%
Cost of Revenue	22,626	21,437	18,193	15,873	15,297	9,981
Gross Profit	9,637	8,831	6,190	4,710	3,109	1,986
Selling, General & Admin	8,838	8,268	5,717	4,822	4,307	2,502
Operating Expenses	8,838	8,268	5,717	4,822	4,307	2,502
Operating Income	799	563	473	-112	-1,198	-515.99
Interest Expense	-124	-140	-48	-27	-45	-107.76
Interest & Investment Income	208	216	178	53	9	10.99
Currency Exchange Gain (Loss)	-	-	-	-	-	2.44
Other Non Operating Income (Expenses)	13	-39	-19	-7	-12	147.46
EBT Excluding Unusual Items	896	600	584	-93	-1,246	-462.87
Merger & Restructuring Charges	-75	-127	-	-	-	-
Other Unusual Items	-	-	-	-	-296	-
Pretax Income	821	473	584	-93	-1,542	-462.87
Income Tax Expense	481	407	-776	-1	1	0.29
Earnings From Continuing Operations	340	66	1,360	-92	-1,543	-463.16
Minority Interest in Earnings	25	88	-	-	-	-
Net Income	365	154	1,360	-92	-1,543	-463.16
Preferred Dividends & Other Adjustments	-	-	-	-	-	92.73
Net Income to Common	365	154	1,360	-92	-1,543	-555.89
Net Income Growth	-65.30%	-88.68%	-	-	-	-
Shares Outstanding (Basic)	1,805	1,794	1,782	1,765	1,424	29
Shares Outstanding (Diluted)	1,854	1,826	1,803	1,765	1,424	29
Shares Change (YoY)	3.00%	1.28%	2.15%	23.95%	4808.31%	49.06%
EPS (Basic)	0.20	0.09	0.76	-0.05	-1.08	-19.16
EPS (Diluted)	0.20	0.08	0.75	-0.05	-1.08	-19.16
EPS Growth	-66.11%	-89.33%	-	-	-	-
Free Cash Flow	777	1,007	1,756	-259	-1,085	-183.08
Free Cash Flow Per Share	0.42	0.55	0.97	-0.15	-0.76	-6.31
Gross Margin	29.87%	29.18%	25.39%	22.88%	16.89%	16.60%
Operating Margin	2.48%	1.86%	1.94%	-0.54%	-6.51%	-4.31%
Profit Margin	1.13%	0.51%	5.58%	-0.45%	-8.38%	-4.64%
Free Cash Flow Margin	2.41%	3.33%	7.20%	-1.26%	-5.90%	-1.53%
EBITDA	1,279	996	748	119	-997	-388.48
EBITDA Margin	3.96%	3.29%	3.07%	0.58%	-5.42%	-3.25%
D&A For EBITDA	480	433	275	231	201	127.52
EBIT	799	563	473	-112	-1,198	-515.99
EBIT Margin	2.48%	1.86%	1.94%	-0.54%	-6.51%	-4.31%
Effective Tax Rate	58.59%	86.05%	-	-	-	-
Revenue as Reported	32,263	30,268	24,383	20,583	18,406	11,967

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q