Symbols / CPNG Stock $20.60 +0.93% Coupang, Inc.

Consumer Cyclical • Internet Retail • United States • NYQ
CPNG (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
About

Coupang, Inc., together with its subsidiaries, owns and operates retail business through its mobile applications and internet websites in South Korea and internationally. It operates through Product Commerce and Developing Offerings segments. The Product Commerce segment includes Korean retail and marketplace offerings; Rocket Fresh, a fresh grocery offering; and advertising products. The Developing Offerings segment offers Eats, a restaurant ordering and delivery service; Play, an online content streaming service; fintech activities; and Farfetch, a luxury fashion marketplace. It also performs operations and support services in the United States, South Korea, Taiwan, Singapore, China, Japan, Europe, the United Kingdom, and India. Coupang, Inc. was incorporated in 2010 and is headquartered in Seattle, Washington.

Stock Fundamentals
Scroll to Statements
Market Cap 37.66B Enterprise Value 35.98B Income 208.00M Sales 34.53B Book/sh 2.54 Cash/sh 3.46
Dividend Yield — Payout 0.00% Employees 108000 IPO — P/E 187.27 Forward P/E 37.47
PEG 0.45 P/S 1.09 P/B 8.12 P/C — EV/EBITDA 35.45 EV/Sales 1.04
Quick Ratio 0.71 Current Ratio 1.04 Debt/Eq 100.26 LT Debt/Eq — EPS (ttm) 0.11 EPS next Y 0.55
EPS Growth — Revenue Growth 10.90% Earnings 2026-05-05 ROA 1.88% ROE 4.86% ROIC —
Gross Margin 29.37% Oper. Margin 0.09% Profit Margin 0.60% Shs Outstand 1.67B Shs Float 1.37B Short Float 4.20%
Short Ratio 2.01 Short Interest — 52W High 34.08 52W Low 16.74 Beta 1.16 Avg Volume 24.59M
Volume 37.39M Target Price $27.39 Recom Buy Prev Close $20.41 Price $20.60 Change 0.93%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$27.39
Mean price target
2. Current target
$20.60
Latest analyst target
3. DCF / Fair value
$9.09
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$20.60
Low
$17.00
High
$37.00
Mean
$27.39

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-02 main Barclays Overweight → Overweight $24
2026-02-27 main Mizuho Neutral → Neutral $25
2026-02-20 main Barclays Overweight → Overweight $23
2026-02-10 main Citigroup Buy → Buy $24
2025-11-11 main Barclays Overweight → Overweight $40
2025-11-06 main Mizuho Neutral → Neutral $32
2025-11-05 main B of A Securities Buy → Buy $38
2025-09-18 init Arete Research — → Buy $40
2025-08-20 main Morgan Stanley Overweight → Overweight $35
2025-05-27 main Morgan Stanley Overweight → Overweight $32
2025-05-08 main Barclays Overweight → Overweight $36
2025-02-27 main Barclays Overweight → Overweight $35
2025-02-26 main Mizuho Neutral → Neutral $27
2025-02-12 main Barclays Overweight → Overweight $34
2025-01-08 main Citigroup Buy → Buy $28
2024-10-07 up Bernstein Underperform → Outperform $30
2024-09-04 up CLSA Hold → Outperform $31
2024-06-26 main Morgan Stanley Overweight → Overweight $27
2024-05-16 up UBS Neutral → Buy $26
2024-05-09 main Barclays Overweight → Overweight $32
News
RSS: Latest CPNG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 ROGERS HAROLD General Counsel — 213,884 $0.00 $0
2026-04-01 ANAND GAURAV Chief Financial Officer — 260,402 $0.00 $0
2026-04-01 LEE JONATHAN D Officer — 65,338 $0.00 $0
2026-03-18 CHILD JASON E Director — 1,147 $0.00 $0
2026-03-18 SUN BENJAMIN Director — 706 $0.00 $0
2026-03-13 MEHTA NEIL Director — 7,350,104 $18.40 $136,562,971
2026-02-11 ROGERS HAROLD General Counsel — 269,588 $0.00 $0
2026-02-11 ANAND GAURAV Chief Financial Officer — 190,738 $0.00 $0
2026-01-02 LEE JONATHAN D Officer — 2,679 $23.62 $63,278
2025-11-10 ANAND GAURAV Chief Financial Officer — 75,350 $29.02 $2,186,619
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
34,534.00
+14.09%
30,268.00
+24.14%
24,383.00
+18.46%
20,583.00
Operating Revenue
26,312.00
+10.25%
23,866.00
+12.45%
21,223.00
+15.73%
18,338.00
Cost Of Revenue
24,393.00
+13.79%
21,437.00
+17.83%
18,193.00
+14.62%
15,873.00
Reconciled Cost Of Revenue
24,393.00
+13.79%
21,437.00
+17.83%
18,193.00
+14.62%
15,873.00
Gross Profit
10,141.00
+14.83%
8,831.00
+42.67%
6,190.00
+31.42%
4,710.00
Operating Expense
9,668.00
+15.16%
8,395.00
+46.84%
5,717.00
+18.56%
4,822.00
Selling General And Administration
—
—
5,717.00
+18.56%
4,822.00
General And Administrative Expense
—
—
5,717.00
+18.56%
4,822.00
Other Gand A
—
—
5,717.00
+18.56%
4,822.00
Other Operating Expenses
—
—
5,717.00
+18.56%
4,822.00
Total Expenses
34,061.00
+14.18%
29,832.00
+24.77%
23,910.00
+15.54%
20,695.00
Operating Income
473.00
+8.49%
436.00
-7.82%
473.00
+522.32%
-112.00
Total Operating Income As Reported
473.00
+8.49%
436.00
-7.82%
473.00
+522.32%
-112.00
EBITDA
1,200.00
+14.72%
1,046.00
+15.33%
907.00
+449.70%
165.00
Normalized EBITDA
1,200.00
+14.72%
1,046.00
+15.33%
907.00
+449.70%
165.00
Reconciled Depreciation
517.00
+19.40%
433.00
+57.45%
275.00
+19.05%
231.00
EBIT
683.00
+11.42%
613.00
-3.01%
632.00
+1057.58%
-66.00
Total Unusual Items
—
—
—
9.23
Total Unusual Items Excluding Goodwill
—
—
—
9.23
Net Income
208.00
+35.06%
154.00
-88.68%
1,360.00
+1578.26%
-92.00
Pretax Income
597.00
+26.22%
473.00
-19.01%
584.00
+727.96%
-93.00
Net Non Operating Interest Income Expense
113.00
+48.68%
76.00
-41.54%
130.00
+400.00%
26.00
Interest Expense Non Operating
86.00
-38.57%
140.00
+191.67%
48.00
+77.78%
27.00
Net Interest Income
113.00
+48.68%
76.00
-41.54%
130.00
+400.00%
26.00
Interest Expense
86.00
-38.57%
140.00
+191.67%
48.00
+77.78%
27.00
Interest Income Non Operating
199.00
-7.87%
216.00
+21.35%
178.00
+235.85%
53.00
Interest Income
199.00
-7.87%
216.00
+21.35%
178.00
+235.85%
53.00
Other Income Expense
11.00
+128.21%
-39.00
-105.26%
-19.00
-171.43%
-7.00
Other Non Operating Income Expenses
11.00
+128.21%
-39.00
-105.26%
-19.00
-171.43%
-7.00
Gain On Sale Of Security
—
—
—
9.23
Tax Provision
383.00
-5.90%
407.00
+152.45%
-776.00
-77500.00%
-1.00
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+1809.09%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
214.00
+224.24%
66.00
-95.15%
1,360.00
+1578.26%
-92.00
Net Income From Continuing Operation Net Minority Interest
208.00
+35.06%
154.00
-88.68%
1,360.00
+1578.26%
-92.00
Net Income From Continuing And Discontinued Operation
208.00
+35.06%
154.00
-88.68%
1,360.00
+1578.26%
-92.00
Net Income Continuous Operations
214.00
+224.24%
66.00
-95.15%
1,360.00
+1578.26%
-92.00
Minority Interests
-6.00
-106.82%
88.00
0.00
0.00
Normalized Income
208.00
+35.06%
154.00
-88.68%
1,360.00
+1578.26%
-92.00
Net Income Common Stockholders
208.00
+35.06%
154.00
-88.68%
1,360.00
+1578.26%
-92.00
Otherunder Preferred Stock Dividend
—
—
—
0.00
Diluted EPS
0.11
+37.50%
0.08
-89.33%
0.75
+1600.00%
-0.05
Basic EPS
0.11
+22.22%
0.09
-88.16%
0.76
+1620.00%
-0.05
Basic Average Shares
1,818.00
+1.34%
1,794.00
+0.67%
1,782.00
+0.99%
1,764.60
Diluted Average Shares
1,855.00
+1.59%
1,826.00
+1.28%
1,803.00
+2.18%
1,764.60
Diluted NI Availto Com Stockholders
208.00
+35.06%
154.00
-88.68%
1,360.00
+1578.26%
-92.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
17,787.00
+15.92%
15,344.00
+14.97%
13,346.00
+40.29%
9,513.00
Current Assets
9,691.00
+7.75%
8,994.00
+13.96%
7,892.00
+35.37%
5,830.00
Cash Cash Equivalents And Short Term Investments
6,318.00
+7.47%
5,879.00
+12.13%
5,243.00
+49.42%
3,509.00
Cash And Cash Equivalents
6,318.00
+7.47%
5,879.00
+12.13%
5,243.00
+49.42%
3,509.00
Receivables
363.00
-10.81%
407.00
+29.62%
314.00
+70.65%
184.00
Accounts Receivable
363.00
-10.81%
407.00
+29.62%
314.00
+70.65%
184.00
Inventory
2,256.00
+7.48%
2,099.00
+25.99%
1,666.00
+0.54%
1,657.00
Finished Goods
2,256.00
+7.48%
2,099.00
+25.99%
1,666.00
+0.54%
1,657.00
Restricted Cash
94.00
-37.75%
151.00
-57.22%
353.00
+100.57%
176.00
Other Current Assets
660.00
+44.10%
458.00
+44.94%
316.00
+3.95%
304.00
Total Non Current Assets
8,096.00
+27.50%
6,350.00
+16.43%
5,454.00
+48.09%
3,683.00
Net PPE
6,487.00
+34.33%
4,829.00
+18.77%
4,066.00
+26.08%
3,225.00
Gross PPE
7,789.00
+34.46%
5,793.00
+23.18%
4,703.00
+24.95%
3,764.00
Accumulated Depreciation
-1,302.00
-35.06%
-964.00
-51.33%
-637.00
-18.18%
-539.00
Properties
0.00
0.00
0.00
0.00
Land And Improvements
420.00
+4.74%
401.00
+24.15%
323.00
+9.12%
296.00
Buildings And Improvements
866.00
+9.07%
794.00
+5.73%
751.00
+148.68%
302.00
Machinery Furniture Equipment
1,816.00
+42.32%
1,276.00
+25.22%
1,019.00
+26.11%
808.00
Construction In Progress
579.00
+53.58%
377.00
+8.65%
347.00
-18.93%
428.00
Other Properties
2,765.00
+37.15%
2,016.00
+25.92%
1,601.00
+13.95%
1,405.00
Leases
1,343.00
+44.56%
929.00
+40.33%
662.00
+26.10%
525.00
Goodwill And Other Intangible Assets
190.00
-29.89%
271.00
+632.43%
37.00
—
Goodwill
—
—
—
—
Other Intangible Assets
190.00
-29.89%
271.00
+632.43%
37.00
—
Non Current Deferred Assets
596.00
-4.18%
622.00
-32.76%
925.00
+2212.50%
40.00
Non Current Deferred Taxes Assets
596.00
-4.18%
622.00
-32.76%
925.00
+2212.50%
40.00
Non Current Prepaid Assets
—
—
—
455.96
Other Non Current Assets
823.00
+31.05%
628.00
+47.42%
426.00
+1.91%
418.00
Total Liabilities Net Minority Interest
13,164.00
+17.10%
11,242.00
+21.44%
9,257.00
+30.40%
7,099.00
Current Liabilities
9,357.00
+21.27%
7,716.00
+11.10%
6,945.00
+37.17%
5,063.00
Payables And Accrued Expenses
6,813.00
+13.27%
6,015.00
+10.35%
5,451.00
+39.02%
3,921.00
Payables
6,298.00
+13.40%
5,554.00
+8.92%
5,099.00
+40.78%
3,622.00
Accounts Payable
6,298.00
+13.40%
5,554.00
+8.92%
5,099.00
+40.78%
3,622.00
Current Accrued Expenses
515.00
+11.71%
461.00
+30.97%
352.00
+17.73%
299.00
Employee Benefits
677.00
-2.31%
693.00
+81.89%
381.00
+44.32%
264.00
Current Debt And Capital Lease Obligation
1,505.00
+55.64%
967.00
+11.02%
871.00
+38.25%
630.00
Current Debt
960.00
+76.15%
545.00
+12.37%
485.00
+59.54%
304.00
Other Current Borrowings
—
66.00
-67.49%
203.00
+57.36%
129.00
Current Capital Lease Obligation
545.00
+29.15%
422.00
+9.33%
386.00
+18.40%
326.00
Current Deferred Liabilities
188.00
+33.33%
141.00
+45.36%
97.00
+5.43%
92.00
Current Deferred Revenue
188.00
+33.33%
141.00
+45.36%
97.00
+5.43%
92.00
Other Current Liabilities
851.00
+43.51%
593.00
+12.74%
526.00
+25.24%
420.00
Total Non Current Liabilities Net Minority Interest
3,807.00
+7.97%
3,526.00
+52.51%
2,312.00
+13.56%
2,036.00
Long Term Debt And Capital Lease Obligation
3,130.00
+13.49%
2,758.00
+43.95%
1,916.00
+8.13%
1,772.00
Long Term Debt
648.00
-34.41%
988.00
+86.77%
529.00
-1.67%
538.00
Long Term Capital Lease Obligation
2,482.00
+40.23%
1,770.00
+27.61%
1,387.00
+12.40%
1,234.00
Non Current Pension And Other Postretirement Benefit Plans
677.00
-2.31%
693.00
+81.89%
381.00
+44.32%
264.00
Non Current Deferred Liabilities
—
—
—
—
Preferred Securities Outside Stock Equity
0.00
-100.00%
75.00
+400.00%
15.00
0.00
Stockholders Equity
4,623.00
+12.67%
4,103.00
+0.34%
4,089.00
+69.39%
2,414.00
Common Stock Equity
4,623.00
+12.67%
4,103.00
+0.34%
4,089.00
+69.39%
2,414.00
Capital Stock
0.00
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
0.00
Share Issued
1,822.80
+1.21%
1,801.00
+0.60%
1,790.33
+1.00%
1,772.61
Ordinary Shares Number
1,822.80
+1.21%
1,801.00
+0.60%
1,790.33
+1.00%
1,772.61
Additional Paid In Capital
9,025.00
+3.31%
8,736.00
+2.91%
8,489.00
+4.11%
8,154.00
Retained Earnings
-4,021.00
+4.92%
-4,229.00
+3.51%
-4,383.00
+23.68%
-5,743.00
Gains Losses Not Affecting Retained Earnings
-381.00
+5.69%
-404.00
-2276.47%
-17.00
-666.67%
3.00
Minority Interest
0.00
+100.00%
-1.00
0.00
—
Other Equity Adjustments
-381.00
+5.69%
-404.00
-2276.47%
-17.00
-666.67%
3.00
Total Equity Gross Minority Interest
4,623.00
+12.70%
4,102.00
+0.32%
4,089.00
+69.39%
2,414.00
Total Capitalization
5,271.00
+3.54%
5,091.00
+10.24%
4,618.00
+56.44%
2,952.00
Working Capital
334.00
-73.87%
1,278.00
+34.95%
947.00
+23.47%
767.00
Invested Capital
6,231.00
+10.56%
5,636.00
+10.44%
5,103.00
+56.73%
3,256.00
Total Debt
4,635.00
+24.43%
3,725.00
+33.66%
2,787.00
+16.03%
2,402.00
Capital Lease Obligations
3,027.00
+38.09%
2,192.00
+23.63%
1,773.00
+13.65%
1,560.00
Net Tangible Assets
4,433.00
+15.68%
3,832.00
-5.43%
4,052.00
+67.85%
2,414.00
Tangible Book Value
4,433.00
+15.68%
3,832.00
-5.43%
4,052.00
+67.85%
2,414.00
Line Of Credit
960.00
+100.42%
479.00
+69.86%
282.00
+61.14%
175.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,773.00
-5.99%
1,886.00
-28.88%
2,652.00
+369.38%
565.00
Cash Flow From Continuing Operating Activities
1,773.00
-5.99%
1,886.00
-28.88%
2,652.00
+369.38%
565.00
Net Income From Continuing Operations
214.00
+224.24%
66.00
-95.15%
1,360.00
+1578.26%
-92.00
Depreciation Amortization Depletion
517.00
+19.40%
433.00
+57.45%
275.00
+19.05%
231.00
Depreciation
467.00
+26.56%
369.00
+36.16%
271.00
+18.34%
229.00
Amortization Cash Flow
50.00
-21.88%
64.00
+1500.00%
4.00
+100.00%
2.00
Depreciation And Amortization
517.00
+19.40%
433.00
+57.45%
275.00
+19.05%
231.00
Amortization Of Intangibles
50.00
-21.88%
64.00
+1500.00%
4.00
+100.00%
2.00
Other Non Cash Items
716.00
+41.22%
507.00
+6.07%
478.00
+13.27%
422.00
Pension And Employee Benefit Expense
246.00
+31.55%
187.00
+17.61%
159.00
-1.24%
161.00
Stock Based Compensation
475.00
+9.70%
433.00
+32.82%
326.00
+24.43%
262.00
Deferred Tax
37.00
-83.56%
225.00
+125.45%
-884.00
-2056.10%
-41.00
Deferred Income Tax
37.00
-83.56%
225.00
+125.45%
-884.00
-2056.10%
-41.00
Operating Gains Losses
246.00
+31.55%
187.00
+17.61%
159.00
-1.24%
161.00
Change In Working Capital
-432.00
-1334.29%
35.00
-96.27%
938.00
+348.15%
-378.00
Change In Receivables
37.00
-82.30%
209.00
+257.14%
-133.00
-291.18%
-34.00
Changes In Account Receivables
37.00
-82.30%
209.00
+257.14%
-133.00
-291.18%
-34.00
Change In Inventory
-233.00
+38.03%
-376.00
-754.55%
-44.00
+88.01%
-367.00
Change In Payables And Accrued Expense
564.00
-0.53%
567.00
-63.58%
1,557.00
+245.23%
451.00
Change In Accrued Expense
49.00
-18.33%
60.00
+39.53%
43.00
+514.29%
7.00
Change In Payable
515.00
+1.58%
507.00
-66.51%
1,514.00
+240.99%
444.00
Change In Account Payable
515.00
+1.58%
507.00
-66.51%
1,514.00
+240.99%
444.00
Change In Other Working Capital
—
—
—
—
Change In Other Current Assets
-517.00
-240.13%
-152.00
+0.65%
-153.00
+38.55%
-249.00
Change In Other Current Liabilities
-283.00
-32.86%
-213.00
+26.30%
-289.00
-61.45%
-179.00
Investing Cash Flow
-1,254.00
-53.11%
-819.00
+11.65%
-927.00
-9.32%
-848.00
Cash Flow From Continuing Investing Activities
-1,254.00
-53.11%
-819.00
+11.65%
-927.00
-9.32%
-848.00
Net PPE Purchase And Sale
-1,246.00
-43.22%
-870.00
+0.80%
-877.00
-8.14%
-811.00
Purchase Of PPE
-1,251.00
-42.32%
-879.00
+1.90%
-896.00
-8.74%
-824.00
Sale Of PPE
5.00
-44.44%
9.00
-52.63%
19.00
+46.15%
13.00
Capital Expenditure
-1,251.00
-42.32%
-879.00
+1.90%
-896.00
-8.74%
-824.00
Net Business Purchase And Sale
0.00
-100.00%
68.00
0.00
0.00
Net Other Investing Changes
-8.00
+52.94%
-17.00
+66.00%
-50.00
-35.14%
-37.00
Financing Cash Flow
-247.00
-257.97%
-69.00
-134.67%
199.00
-19.43%
247.00
Cash Flow From Continuing Financing Activities
-247.00
-257.97%
-69.00
-134.67%
199.00
-19.43%
247.00
Net Issuance Payments Of Debt
19.00
-69.84%
63.00
-65.00%
180.00
-21.40%
229.00
Issuance Of Debt
2,900.00
+238.39%
857.00
+49.83%
572.00
-18.40%
701.00
Repayment Of Debt
-2,881.00
-262.85%
-794.00
-102.55%
-392.00
+16.95%
-472.00
Long Term Debt Issuance
—
—
—
523.53
Long Term Debt Payments
—
—
—
-446.38
Net Long Term Debt Issuance
—
—
—
77.15
Short Term Debt Issuance
2,900.00
+238.39%
857.00
+49.83%
572.00
-18.40%
701.00
Short Term Debt Payments
-2,881.00
-262.85%
-794.00
-102.55%
-392.00
+16.95%
-472.00
Net Short Term Debt Issuance
19.00
-69.84%
63.00
-65.00%
180.00
-21.40%
229.00
Net Common Stock Issuance
-243.00
-36.52%
-178.00
0.00
0.00
Common Stock Payments
-243.00
-36.52%
-178.00
0.00
0.00
Repurchase Of Capital Stock
-243.00
-36.52%
-178.00
0.00
0.00
Proceeds From Stock Option Exercised
5.00
+25.00%
4.00
-55.56%
9.00
-50.00%
18.00
Net Other Financing Charges
-28.00
-166.67%
42.00
+320.00%
10.00
—
Changes In Cash
272.00
-72.75%
998.00
-48.13%
1,924.00
+5444.44%
-36.00
Effect Of Exchange Rate Changes
109.00
+119.33%
-564.00
-3928.57%
-14.00
+83.91%
-87.00
Beginning Cash Position
6,031.00
+7.75%
5,597.00
+51.80%
3,687.00
-3.23%
3,810.00
End Cash Position
6,412.00
+6.32%
6,031.00
+7.75%
5,597.00
+51.80%
3,687.00
Free Cash Flow
522.00
-48.16%
1,007.00
-42.65%
1,756.00
+777.99%
-259.00
Interest Paid Supplemental Data
65.00
-23.53%
85.00
+174.19%
31.00
+63.16%
19.00
Income Tax Paid Supplemental Data
177.00
+28.26%
138.00
+25.45%
110.00
+1733.33%
6.00
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
Sale Of Business
0.00
-100.00%
68.00
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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