Coupang (CPNG) Change in Inventory (2020 - 2026)
Coupang's (CPNG) quarterly Change in Inventory came in at -$128.0 million in Q1 2026, down 811.11% YoY from $18.0 million in Q1 2025, and up 26.86% on a QoQ basis from -$175.0 million in Q4 2025.
Coupang (CPNG) Change in Inventory (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of Change in Inventory data on file, last reported at -$128.0 million in Q1 2026.
- Quarterly Change in Inventory fell 811.11% year-over-year to -$128.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $87.0 million (down 75.9% YoY) and the FY2025 annual result came in at $233.0 million, down 38.03% from the prior year.
- Change in Inventory improved to -$128.0 million in Q1 2026, from -$175.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $298.0 million in Q3 2025 to a low of -$175.0 million in Q4 2025.
- A 5-year average of $52.5 million and a median of $71.0 million in 2024 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2023 — Change in Inventory surged 988.82% — and 2026, when it slumped 811.11%.
- Tracing CPNG's Change in Inventory over 5 years: stood at $78.2 million in 2022, then tumbled by 154.96% to -$43.0 million in 2023, then surged by 430.23% to $142.0 million in 2024, then sank by 223.24% to -$175.0 million in 2025, then grew by 26.86% to -$128.0 million in 2026.
- The last three Change in Inventory figures came in at -$128.0 million (Q1 2026), -$175.0 million (Q4 2025), and $298.0 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 1.82 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | - |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 138.00 Mn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | - |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | - |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | - |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 51.00 Mn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | - |
| 10 | Wayfair | 13.66 Bn | 12.51 Bn | 1.05 Bn | 5.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.00 Mn |
| Jun 30, 2026 | 51.00 Mn |
| Mar 31, 2026 | -128.00 Mn |
| Mar 31, 2026 | -128.00 Mn |
| Dec 31, 2025 | -175.00 Mn |
| Dec 31, 2025 | -175.00 Mn |
| Sep 30, 2025 | 298.00 Mn |
| Sep 30, 2025 | 298.00 Mn |
| Jun 30, 2025 | 92.00 Mn |
| Jun 30, 2025 | 92.00 Mn |
| Mar 31, 2025 | 18.00 Mn |
| Mar 31, 2025 | 18.00 Mn |
| Dec 31, 2024 | 142.00 Mn |
| Dec 31, 2024 | 142.00 Mn |
| Sep 30, 2024 | 71.00 Mn |
| Sep 30, 2024 | 71.00 Mn |
| Jun 30, 2024 | 130.00 Mn |
| Jun 30, 2024 | 130.00 Mn |
| Mar 31, 2024 | 33.00 Mn |
| Mar 31, 2024 | 33.00 Mn |