Coupang, Inc. (CPNG)

Revenue Breakdown

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Product Commerce Revenue	29.90B	29.59B	26.70B
Product Commerce Revenue Growth	1.03%	10.84%	13.16%
Developing Offerings Revenue	5.23B	4.94B	3.57B
Developing Offerings Revenue Growth	5.87%	38.47%	352.34%
Revenue (Total)	35.13B	34.53B	30.27B
Revenue (Total) Growth	1.73%	14.09%	24.14%

Revenue Breakdown 2

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net Retail Sales Revenue	26.70B	26.31B	23.87B
Net Retail Sales Revenue Growth	1.47%	10.25%	12.45%
Third-Party Merchant Services Revenue	7.32B	7.11B	5.58B
Third-Party Merchant Services Revenue Growth	2.88%	27.47%	116.62%
Other Service Revenue	1.11B	1.11B	822.00M
Other Service Revenue Growth	0.27%	34.91%	40.75%
Revenue (Total)	35.13B	34.53B	30.27B
Revenue (Total) Growth	1.73%	14.09%	24.14%

Adjusted EBITDA

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Product Commerce Adjusted EBITDA	2.29B	2.49B	2.01B
Product Commerce Adjusted EBITDA Growth	-7.73%	23.88%	30.26%
Developing Offerings Adjusted EBITDA	-1.16B	-995.00M	-631.00M
Operating Income (Total)	77.00M	473.00M	436.00M
Operating Income (Total) Growth	-83.72%	8.49%	-7.82%

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Product Commerce Active Customers	23.90M	24.60M	22.80M
Product Commerce Active Customers Growth	-2.85%	7.90%	9.62%
Total Net Revenues per Product Commerce Active Customer	300.00	301.00	302.00
Total Net Revenues per Product Commerce Active Customer Growth	-0.33%	-0.33%	-
Total Leased and Owned Fulfillment and Logistics Square Footage	-	78.00M	67.00M
Total Leased and Owned Fulfillment and Logistics Square Footage Growth	-	16.42%	21.82%

Data Source: Fiscal.ai Last updated: May 5, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 17, 2026

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