Coupang Financial Statements
NYSE: CPNGConsumer DiscretionaryCatalog/Specialty DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Coupang revenue and earnings
In fiscal 2025, Coupang generated $34.53 billion in revenue, up 14.1% from fiscal 2024, its 6th consecutive year of revenue growth. Net income was $208.0 million (+35.1% year over year), for a net margin of 0.6% versus a median of -0.4% in the prior 5 years. Gross margin was 29.4% (up from 29.2%) and operating margin 1.4%.
Diluted earnings per share came in at $0.11, up from $0.08. Over the last 5 fiscal years, CPNG's revenue has grown at a 23.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Coupang income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 34.53B | 30.27B | 24.38B | 20.58B | 18.41B | 11.97B | 6.27B |
| Revenue growth (YoY) | +14.09% | +24.14% | +18.46% | +11.83% | +53.80% | +90.77% | — |
| Cost of Revenue | 24.39B | 21.44B | 18.19B | 15.87B | 15.46B | 9.98B | 5.24B |
| Gross Profit | 10.14B | 8.83B | 6.19B | 4.71B | 2.95B | 1.99B | 1.03B |
| Operating Expenses | 9.67B | 8.39B | 5.72B | 4.82B | 4.45B | 2.50B | 1.68B |
| Operating Income | 473.00M | 436.00M | 473.00M | -112.00M | -1.49B | -515.99M | -641.92M |
| Interest Expense | 86.00M | 140.00M | 48.00M | 27.00M | 45.00M | 107.76M | 96.91M |
| Other Income (Expense) | 11.00M | -39.00M | -19.00M | -7.00M | -12.00M | 149.90M | 22.57M |
| Pretax Income | 597.00M | 473.00M | 584.00M | -93.00M | -1.54B | -462.87M | -697.13M |
| Income Tax | 383.00M | 407.00M | -776.00M | -1.00M | 1.00M | 292.00K | -241.00K |
| Net Income | 208.00M | 154.00M | 1.36B | -92.00M | -1.54B | -463.16M | -696.88M |
| Net Income growth (YoY) | +35.06% | -88.68% | — | — | — | — | — |
| EPS (Basic) | 0.11 | 0.09 | 0.76 | -0.05 | -1.08 | -19.16 | -39.48 |
| EPS (Diluted) | 0.11 | 0.08 | 0.75 | -0.05 | -1.08 | -19.16 | -39.48 |
| Shares Outstanding (Basic) | 1.82B | 1.79B | 1.78B | 1.76B | 1.42B | 29.01M | 19.46M |
| Shares Outstanding (Diluted) | 1.85B | 1.83B | 1.80B | 1.76B | 1.42B | 29.01M | 19.46M |
| EBITDA | 990.00M | 869.00M | 748.00M | 119.00M | -1.29B | -388.48M | -571.01M |
| Gross Margin | 29.37% | 29.18% | 25.39% | 22.88% | 16.03% | 16.60% | 16.47% |
| Operating Margin | 137.00% | 144.00% | 1.94% | -54.00% | -8.12% | -4.31% | -10.23% |
| Net Margin | 60.00% | 51.00% | 5.58% | -45.00% | -8.38% | -3.87% | -11.11% |
This table shows 7 annual periods of Coupang's income statement, from FY 2025 back to FY 2019, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CPNG's reporting calendar. What is a income statement?