# Coupang Inc. (CPNG)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $32.00B  
**Price:** $17.25 (+14.09%)

> Coupang Inc. is an e-commerce and technology company headquartered in Seoul, South Korea, providing online retail, logistics, and digital services primarily to consumers in Asia. The company operates a broad marketplace for everyday goods, including consumer electronics, household items, groceries, and lifestyle products, supported by its own end-to-end logistics and fulfillment network designed for fast, convenient delivery. Through its Product Commerce segment, Coupang offers services such as same-day and next-day delivery, subscription-based convenience features, and an integrated mobile shopping experience. Its Developing Offerings segment includes restaurant delivery via Coupang Eats, video streaming through Coupang Play, and various fintech and related services that enhance customer engagement and payment flexibility. Coupang serves individuals and small businesses, playing a significant role in the digital retail ecosystem by connecting merchants with a large, active customer base and leveraging data-driven operations to support reliable, high-frequency online shopping.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $34.53B | $10.14B | $473M | $208M | — |
| 2024 | $30.27B | $8.83B | $436M | $154M | — |
| 2023 | $24.38B | $6.19B | $473M | $1.36B | — |
| 2022 | $20.58B | $4.71B | -$112M | -$92M | — |
| 2021 | $18.41B | $2.95B | -$1.49B | -$1.54B | — |
| 2020 | $11.97B | $1.99B | -$516M | -$463M | — |
| 2019 | $6.27B | $1.03B | -$642M | -$697M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $17.79B | $13.16B | $4.62B | $6.32B | $648M |
| 2024 | $15.34B | $11.17B | $4.10B | $5.88B | $988M |
| 2023 | $13.35B | $9.24B | $4.09B | $5.24B | $529M |
| 2022 | $9.51B | $7.10B | $2.41B | $3.51B | $538M |
| 2021 | $8.64B | $6.47B | $2.18B | $3.49B | $283M |
| 2020 | $5.07B | $5.67B | -$4.07B | $1.25B | $353M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $1.77B | $1.25B | $522M |
| 2024 | $1.89B | $879M | $1.01B |
| 2023 | $2.65B | $896M | $1.76B |
| 2022 | $565M | $824M | -$259M |
| 2021 | -$411M | $674M | -$1.08B |
| 2020 | $302M | $485M | -$183M |
| 2019 | -$312M | $218M | -$530M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CPNG)