Coupang, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $34.5B | $30.3B | $24.4B | $20.6B | $18.4B |
| Gross profit | $10.1B | $8.8B | $6.2B | $4.7B | — |
| Operating income | $473.0M | $436.0M | $473.0M | -$112.0M | -$1.5B |
| Cost of revenue | $24.4B | $21.4B | $18.2B | $15.9B | $15.5B |
| Cash from operations | $1.8B | $1.9B | $2.7B | $565.0M | -$411.0M |
| Capital expenditure | $1.3B | $879.0M | $896.0M | $824.0M | $674.0M |
| Free cash flow | $522.0M | $1.0B | $1.8B | -$259.0M | -$1.1B |
| Share repurchases | $243.0M | $178.0M | $0 | $0 | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $17.8B | $15.3B | $13.3B | $9.5B | $8.6B |
| Total liabilities | $13.2B | $11.2B | $9.2B | $7.1B | $6.5B |
| Total debt | $650.0M | $1.1B | $735.0M | $670.0M | $626.2M |
Shares outstanding 1.8B · Free float 70.9%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.