Coupang (CPNG) Change in Account Payables (2020 - 2026)
Coupang (CPNG) recorded quarterly Change in Account Payables of $53.0 million in Q1 2026, up 112.62% on a QoQ basis from -$420.0 million in Q4 2025, and down 52.25% year-over-year from $111.0 million in Q1 2025.
Coupang (CPNG) Change in Account Payables (2020 - 2026) Analysis & Trends
Coupang has disclosed Change in Account Payables across 7 years of filings, most recently posting $53.0 million for 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 improved to $53.0 million in Q1 2026, from -$420.0 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $656.0 million in Q3 2023 and troughed at -$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 dropped by 0.53% to $279.0 million in 2023, then decreased by 29.39% to $197.0 million in 2024, then sank by 313.2% to -$420.0 million in 2025, then jumped by 112.62% to $53.0 million in 2026.
- Business Quant data shows CPNG's Change in Account Payables at $53.0 million in Q1 2026, -$420.0 million in Q4 2025, and $565.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | -8.74 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 585.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | -123.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 153.19 Mn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | - |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 53.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 360,623.00 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | - |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | -22.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 83.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 279.00 Mn |
| Dec 31, 2023 | 279.00 Mn |