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 | 2,932.72 Bn | 2,809.73 Bn | 198.88 Bn | 9.44 Bn |
| 2 | PDD Holdings | 506.37 Bn | 446.83 Bn | 9.83 Bn | - |
| 3 | Mercadolibre | 98.30 Bn | 83.10 Bn | 4.16 Bn | 1.87 Bn |
| 4 | DoorDash | 93.14 Bn | 87.79 Bn | 2.35 Bn | 24.00 Mn |
| 5 | JD.com | 87.08 Bn | 57.90 Bn | 7.66 Bn | - |
| 6 | Sea | 77.79 Bn | 69.27 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.31 Bn | 44.01 Bn | 2.30 Bn | - |
| 8 | Coupang | 29.66 Bn | 23.55 Bn | 2.49 Bn | 467.00 Mn |
| 9 | Zkh | 16.30 Bn | 16.30 Bn | 51.11 Mn | - |
| 10 | Wayfair | 13.65 Bn | 12.51 Bn | 1.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |