Coupang financials
$13.85+0.73%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.86B | $8.50B | $8.84B | $9.27B | $8.52B | $7.91B | $7.96B | $7.87B | $7.32B | $7.11B | $6.56B | $6.18B |
| Gross profit | $2.49B | $2.30B | $2.54B | $2.72B | $2.56B | $2.32B | $2.49B | $2.27B | $2.14B | $1.93B | $1.68B | $1.57B |
| Gross margin | 28.2% | 27.0% | 28.8% | 29.4% | 30.0% | 29.3% | 31.3% | 28.8% | 29.3% | 27.1% | 25.6% | 25.3% |
| Operating income | -$556.0M | -$242.0M | $8.0M | $162.0M | $149.0M | $154.0M | $312.0M | $109.0M | -$25.0M | $40.0M | $131.0M | $88.0M |
| Net income | -$570.0M | -$266.0M | -$26.0M | $95.0M | $32.0M | $107.0M | $156.0M | $70.0M | -$77.0M | $5.0M | $1.03B | $91.0M |
| Net margin | −6.4% | −3.1% | −0.3% | 1.0% | 0.4% | 1.4% | 2.0% | 0.9% | −1.1% | 0.1% | 15.7% | 1.5% |
| Diluted EPS | $-0.32 | $-0.15 | $-0.01 | $0.05 | $0.02 | $0.06 | $0.08 | $0.04 | $-0.04 | $0.00 | $0.57 | $0.05 |
| EBITDA | -$411.0M | -$99.0M | $144.0M | $295.0M | $275.0M | $276.0M | $432.0M | $221.0M | $81.0M | $135.0M | $131.0M | $156.0M |
| Operating cash flow | $367.0M | $184.0M | $82.0M | $792.0M | $545.0M | $354.0M | $676.0M | $334.0M | $664.0M | $212.0M | $609.0M | $722.0M |
| Free cash flow | $50.0M | -$112.0M | -$278.0M | $439.0M | $246.0M | $115.0M | $462.0M | -$46.0M | $486.0M | $105.0M | $375.0M | $532.0M |
| Diluted shares | 1,799.0M | 1,825.0M | 1,861.0M | 1,864.0M | 1,855.0M | 1,840.0M | 1,871.0M | 1,829.0M | 1,789.0M | 1,815.0M | 1,810.0M | 1,808.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.11B | $6.30B | $6.32B | $7.23B | $6.80B | $6.11B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.60B | $2.29B | $1.61B | $1.99B | $1.80B | $1.56B |
| Total assets | $17.39B | $17.40B | $17.79B | $18.67B | $17.83B | $15.99B |
| Total liabilities | $14.41B | $13.47B | $13.16B | $13.93B | $13.15B | $11.59B |
| Shareholders' equity | $2.99B | $3.93B | $4.62B | $4.74B | $4.68B | $4.37B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology