Coupang, Inc.

CPNG Consumer Cyclical Internet Retail

Coupang, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $34.5 billion, up 14.1% from fiscal 2024. In the quarter to June 2026, revenue grew 3.89%, EPS fell 1,700.0%, free cash flow fell 79.4% and total debt fell 39.4%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

14.79 0.39 +2.71%
Market cap
$27.2B
P/E
0.0×
Fwd P/E
−86.4×
Dividend yield
—
F-score
6/9
Altman Z
3.69
Beneish M
−2.93
Dividend safety
n/a

A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.

Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Cash and Short Term Investments
— 1,366.39 1,396.40 3,807.51 3,685.00 5,596.00 6,030.00 6,412.00
Receivables
— 63.85 71.26 175.35 184.00 314.00 407.00 363.00
Inventory
(159.67) 631.74 1,161.21 1,421.50 1,657.00 1,666.00 2,099.00 2,256.00
Other current assets
— 93.04 211.85 232.45 304.00 316.00 458.00 660.00
Total current assets
— 2,155.02 2,840.71 5,636.81 5,830.00 7,892.00 8,994.00 9,691.00
Property, Plant, Equpment (Net)
— 529.02 1,017.95 1,347.53 1,820.00 2,465.00 2,813.00 3,722.00
Goodwill and Intangible Assets (Total)
— 3.99 4.25 10.00 — 37.00 271.00 190.00
Long Term Assets (Tax, Deferred)
— — — — 40.00 925.00 622.00 596.00
Long-term assets (Other)
— 67.51 4.90 282.87 418.00 426.00 628.00 823.00
Total non-current assets
— 1,074.84 2,226.62 3,005.03 3,683.00 5,454.00 6,350.00 8,096.00
Total Assets
— 3,229.85 5,067.33 8,641.83 9,513.00 13,346.00 15,344.00 17,787.00
Notes Payable
— 0.32 156.68 7.81 175.00 282.00 479.00 960.00
Accounts Payable
400.38 1,590.51 2,907.92 3,442.72 3,622.00 5,099.00 5,554.00 6,298.00
Accrued Expenses
— 60.50 115.61 304.29 299.00 352.00 461.00 515.00
Current Part of Debt
— 14.38 67.58 341.72 129.00 203.00 66.00 —
Current Part of Capital Lease
— 2.13 207.20 287.07 — — — —
Current Revenue (Deferred)
— 28.91 65.26 93.97 92.00 97.00 141.00 188.00
Other current liabilities
— 90.33 212.48 266.71 420.00 526.00 593.00 851.00
Total current liabilities
— 1,881.77 3,732.71 4,744.29 5,063.00 6,945.00 7,716.00 9,357.00
Long Term Debt (Total)
— 773.72 1,802.67 283.19 538.00 529.00 988.00 648.00
Liabilities (Preferred Stock)
— 3,468.55 3,465.61 — — — — —
Non-current Liabilities (Other)
— 247.53 135.20 237.12 264.00 396.00 768.00 677.00
Total non-current liabilities
— 4,881.00 5,403.48 1,721.59 2,036.00 2,312.00 3,526.00 3,807.00
Total liabilities
— 6,762.77 9,136.19 6,465.88 7,099.00 9,257.00 11,242.00 13,164.00
Additional Paid In Capital
— 25.04 25.04 7,874.04 8,154.00 8,489.00 8,736.00 9,025.00
Common Stock (Net)
— — 45.12 0.18 — — — —
Retained Earnings
— (3,565.59) (4,107.93) (5,650.52) (5,743.00) (4,383.00) (4,229.00) (4,021.00)
Common Equity (Total)
— (3,532.91) (4,068.86) 2,175.96 2,414.00 4,089.00 4,102.00 4,623.00
Shareholders Equity (Total)
— (3,532.91) (4,068.86) 2,175.96 2,414.00 4,089.00 4,102.00 4,623.00
Shareholders Equity and Liabilities (Total)
— 3,229.85 5,067.33 8,641.83 9,513.00 13,346.00 15,344.00 17,787.00
Shares (Common)
— 70.70 105.82 1,754.20 1,773.00 1,791.00 1,801.00 1,823.00
Shareholders Equity (Tangible)
— (3,536.90) (4,073.11) 2,175.96 2,414.00 4,052.00 3,831.00 4,433.00
Net Debt
— (578.28) 473.84 (3,182.60) (3,018.00) (4,864.00) (4,976.00) (5,764.00)
Total Debt
— 788.11 1,870.25 624.91 667.00 732.00 1,054.00 648.00

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In millions of $ except per-share values · columns are period end dates