Coupang, Inc. (CPNG)
NYSE: CPNG · Real-Time Price · USD
16.22
-0.30 (-1.82%)
Aug 31, 2026, 9:37 AM EDT - Market open
Coupang Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -767 | 208 | 154 | 1,360 | -92 | -1,543 |
Depreciation & Amortization | 557 | 517 | 433 | 275 | 231 | 201 |
Stock-Based Compensation | 524 | 475 | 433 | 326 | 262 | 249 |
Other Operating Activities | 1,021 | 1,005 | 831 | -247 | 542 | 750 |
Change in Accounts Receivable | 91 | 37 | 209 | -133 | -34 | -120 |
Change in Inventory | -46 | -233 | -376 | -44 | -367 | -528 |
Change in Accounts Payable | 665 | 515 | 507 | 1,514 | 444 | 728 |
Change in Other Net Operating Assets | -620 | -751 | -305 | -399 | -421 | -148 |
Operating Cash Flow | 1,425 | 1,773 | 1,886 | 2,652 | 565 | -411 |
Operating Cash Flow Growth | -25.35% | -5.99% | -28.88% | 369.38% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1,326 | -1,251 | -879 | -896 | -824 | -674 |
Sale of Property, Plant & Equipment | 6 | 5 | 9 | 19 | 13 | 2 |
Cash Acquisitions | - | - | 68 | - | - | - |
Other Investing Activities | -50 | -8 | -17 | -50 | -37 | -4 |
Investing Cash Flow | -1,370 | -1,254 | -819 | -927 | -848 | -676 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,900 | 857 | 572 | 701 | 434 |
Total Debt Issued | 5,201 | 2,900 | 857 | 572 | 701 | 434 |
Short-Term Debt Repaid | - | - | - | - | -5 | -2 |
Long-Term Debt Repaid | - | -2,881 | -794 | -392 | -467 | -336 |
Total Debt Repaid | -4,251 | -2,881 | -794 | -392 | -472 | -338 |
Net Debt Issued (Repaid) | 950 | 19 | 63 | 180 | 229 | 96 |
Issuance of Common Stock | 3 | 5 | 4 | 9 | 18 | 3,493 |
Repurchase of Common Stock | -1,093 | -243 | -178 | - | - | - |
Other Financing Activities | -1 | -28 | 42 | 10 | - | -12 |
Financing Cash Flow | -141 | -247 | -69 | 199 | 247 | 3,577 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -599 | 109 | -564 | -14 | -87 | -81 |
Net Cash Flow | -685 | 381 | 434 | 1,910 | -123 | 2,409 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 99 | 522 | 1,007 | 1,756 | -259 | -1,085 |
Free Cash Flow Growth | -87.26% | -48.16% | -42.65% | - | - | - |
Free Cash Flow Margin | 0.28% | 1.51% | 3.33% | 7.20% | -1.26% | -5.90% |
Free Cash Flow Per Share | 0.05 | 0.28 | 0.55 | 0.97 | -0.15 | -0.76 |
Levered Free Cash Flow | -246.38 | 843.5 | 351 | 1,284 | -264.47 | -772.66 |
Unlevered Free Cash Flow | -198.88 | 897.25 | 438.5 | 1,314 | -247.6 | -744.54 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 65 | 65 | 85 | 31 | 19 | 21 |
Cash Income Tax Paid | 335 | 177 | 138 | 110 | 6 | 3 |
Change in Working Capital | 90 | -432 | 35 | 938 | -378 | -68 |