Growth Metrics

Coupang (CPNG) Change in Inventory (2020 - 2026)

Coupang (CPNG) reported Change in Inventory of -$128.0 million for Q1 2026, down 811.11% year-on-year from $18.0 million in Q1 2025, and up 26.86% quarter-over-quarter from -$175.0 million in Q4 2025.

Coupang (CPNG) has 7 years of Change in Inventory data on file, last reported at -$128.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory fell 811.11% year-over-year to -$128.0 million; the trailing twelve-month figure through Mar 2026 stood at $87.0 million (down 75.9% YoY), and the FY2025 full-year result was $233.0 million, down 38.03% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$128.0 million, up from -$175.0 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $298.0 million in Q3 2025 and bottomed at -$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.
  • Across the five-year window, Change in Inventory surged 988.82% in 2023 and plunged 811.11% in 2026, its largest moves.
  • Tracing CPNG's Change in Inventory over 5 years: stood at $78.2 million in 2022, then plunged by 154.96% to -$43.0 million in 2023, then surged by 430.23% to $142.0 million in 2024, then slumped by 223.24% to -$175.0 million in 2025, then gained by 26.86% to -$128.0 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$128.0 million, -$175.0 million, and $298.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Amazon Com 2,861.08 Bn 2,717.99 Bn 171.21 Bn -1.62 Bn
2 Alibaba Group Holding 348.49 Bn 315.38 Bn 12.18 Bn -
3 Mercadolibre 84.38 Bn 78.73 Bn 3.86 Bn 88.00 Mn
4 DoorDash 69.78 Bn 64.91 Bn 2.04 Bn -
5 Ebay 51.86 Bn 48.00 Bn 2.29 Bn -
6 Coupang 29.42 Bn 29.33 Bn 2.30 Bn -128.00 Mn
7 Maplebear 9.86 Bn 9.17 Bn 738.00 Mn -
8 Wayfair 8.79 Bn 7.72 Bn 880.00 Mn 7.00 Mn
9 Chewy 8.58 Bn 7.71 Bn 959.70 Mn -79.30 Mn
10 Etsy 6.00 Bn 4.58 Bn 455.60 Mn -

Historic Data

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DateValue
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
Dec 31, 2023 -43.00 Mn
Dec 31, 2023 -43.00 Mn
Sep 30, 2023 105.00 Mn
Sep 30, 2023 105.00 Mn
Jun 30, 2023 -79.00 Mn
Jun 30, 2023 -79.00 Mn
Mar 31, 2023 61.00 Mn
Mar 31, 2023 61.00 Mn
Dec 31, 2022 78.24 Mn
Dec 31, 2022 78.24 Mn
Sep 30, 2022 103.67 Mn
Sep 30, 2022 103.67 Mn
Jun 30, 2022 191.95 Mn
Jun 30, 2022 191.95 Mn
Mar 31, 2022 -6.86 Mn
Mar 31, 2022 -6.86 Mn
Dec 31, 2021 219.44 Mn
Dec 31, 2021 219.44 Mn
Sep 30, 2021 41.37 Mn
Sep 30, 2021 41.37 Mn
Jun 30, 2021 57.75 Mn
Jun 30, 2021 57.75 Mn
Mar 31, 2021 209.44 Mn
Mar 31, 2021 209.44 Mn
Dec 31, 2020 90.68 Mn
Dec 31, 2020 90.68 Mn
Sep 30, 2020 205.53 Mn
Sep 30, 2020 205.53 Mn
Jun 30, 2020 199.01 Mn
Jun 30, 2020 199.01 Mn
Mar 31, 2020 9.08 Mn
Mar 31, 2020 9.08 Mn