Coupang (CPNG) Change in Account Payables (2020 - 2026)

Coupang's (CPNG) quarterly Change in Account Payables came in at $53.0 million in Q1 2026, down 52.25% YoY from $111.0 million in Q1 2025, and up 112.62% on a QoQ basis from -$420.0 million in Q4 2025.

Coupang (CPNG) Change in Account Payables (2020 - 2026) Analysis & Trends

Coupang (CPNG) has 7 years of Change in Account Payables data on file, last reported at $53.0 million in Q1 2026.

  • Quarterly Change in Account Payables fell 52.25% year-over-year to $53.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $457.0 million (down 29.58% YoY) and the FY2025 annual result came in at $515.0 million, up 1.58% from the prior year.
  • Change in Account Payables grew to $53.0 million in Q1 2026, from -$420.0 million in the prior quarter.
  • In the past five years, Change in Account Payables ranged from a high of $656.0 million in Q3 2023 to a low of -$420.0 million in Q4 2025.
  • A 5-year average of $178.4 million and a median of $162.5 million in 2022 frame the typical range for Change in Account Payables.
  • Annual changes were most pronounced in 2023 — Change in Account Payables surged 2523.35% — and 2025, when it plunged 313.2%.
  • Tracing CPNG's Change in Account Payables over 5 years: stood at $280.5 million in 2022, then decreased by 0.53% to $279.0 million in 2023, then fell by 29.39% to $197.0 million in 2024, then tumbled by 313.2% to -$420.0 million in 2025, then surged by 112.62% to $53.0 million in 2026.
  • The last three Change in Account Payables figures came in at $53.0 million (Q1 2026), -$420.0 million (Q4 2025), and $565.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Amazon Com 2,929.60 Bn 2,806.61 Bn 198.88 Bn 9.44 Bn
2 PDD Holdings 506.87 Bn 447.33 Bn 9.83 Bn -
3 Mercadolibre 97.17 Bn 81.97 Bn 4.16 Bn 1.87 Bn
4 DoorDash 92.68 Bn 87.33 Bn 2.35 Bn 24.00 Mn
5 JD.com 87.46 Bn 58.28 Bn 7.66 Bn -
6 Sea 77.92 Bn 69.41 Bn 3.15 Bn -
7 Ebay 47.54 Bn 44.24 Bn 2.30 Bn -
8 Coupang 29.76 Bn 23.65 Bn 2.49 Bn 467.00 Mn
9 Zkh 16.08 Bn 16.08 Bn 51.11 Mn -
10 Wayfair 13.67 Bn 12.52 Bn 1.05 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 467.00 Mn
Jun 30, 2026 467.00 Mn
Mar 31, 2026 53.00 Mn
Mar 31, 2026 53.00 Mn
Dec 31, 2025 -420.00 Mn
Dec 31, 2025 -420.00 Mn
Sep 30, 2025 565.00 Mn
Sep 30, 2025 565.00 Mn
Jun 30, 2025 259.00 Mn
Jun 30, 2025 259.00 Mn
Mar 31, 2025 111.00 Mn
Mar 31, 2025 111.00 Mn
Dec 31, 2024 197.00 Mn
Dec 31, 2024 197.00 Mn
Sep 30, 2024 -41.00 Mn
Sep 30, 2024 -41.00 Mn
Jun 30, 2024 382.00 Mn
Jun 30, 2024 382.00 Mn
Mar 31, 2024 -31.00 Mn
Mar 31, 2024 -31.00 Mn