Coupang (CPNG) Cash from Operations (2020 - 2026)
Coupang's (CPNG) quarterly Cash from Operations came in at $367.0 million in Q2 2026, down 32.66% on a YoY basis from $545.0 million in Q2 2025, and up 99.46% quarter-over-quarter from $184.0 million in Q1 2026.
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Analysis
Coupang (CPNG) Cash from Operations (2020 - 2026) Analysis & Trends
Coupang (CPNG) has reported Cash from Operations for 7 consecutive years, with $367.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations fell 32.66% year-over-year to $367.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.4 billion (down 25.35% YoY), and the FY2025 full-year result was $1.8 billion, down 5.99% from the prior year.
- Cash from Operations grew to $367.0 million in Q2 2026 per CPNG's latest filing, from $184.0 million in the prior quarter.
- Across five years, Cash from Operations topped out at $820.0 million in Q2 2023 and bottomed at -$54.9 million in Q1 2022.
- Historically, Cash from Operations has averaged $412.6 million across 5 years, with a median of $434.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Cash from Operations sank 159.13% in 2022, then soared 4590.2% in 2023.
- Over 5 years, Cash from Operations stood at $580.0 million in 2022, then climbed by 4.99% to $609.0 million in 2023, then gained by 11.0% to $676.0 million in 2024, then tumbled by 87.87% to $82.0 million in 2025, then surged by 347.56% to $367.0 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered $367.0 million, $184.0 million, and $82.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 71.42 Bn |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | 5.64 Bn |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | 367.00 Mn |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | 360.00 Mn |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 48.44 Mn |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 14.69 Mn |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | -8.21 Mn |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | - |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | 11.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 367.00 Mn |
| Mar 31, 2026 | 184.00 Mn |
| Dec 31, 2025 | 82.00 Mn |
| Sep 30, 2025 | 792.00 Mn |
| Jun 30, 2025 | 545.00 Mn |
| Mar 31, 2025 | 354.00 Mn |
| Dec 31, 2024 | 676.00 Mn |
| Sep 30, 2024 | 334.00 Mn |
| Jun 30, 2024 | 664.00 Mn |
| Mar 31, 2024 | 212.00 Mn |
| Dec 31, 2023 | 609.00 Mn |
| Sep 30, 2023 | 722.00 Mn |
| Jun 30, 2023 | 820.00 Mn |
| Mar 31, 2023 | 501.00 Mn |
| Dec 31, 2022 | 580.04 Mn |
| Sep 30, 2022 | 58.16 Mn |
| Jun 30, 2022 | -18.26 Mn |
| Mar 31, 2022 | -54.94 Mn |
| Dec 31, 2021 | -203.17 Mn |
| Sep 30, 2021 | -55.37 Mn |
API Access
Coupang Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();