Coupang (CPNG) Change in Inventory (2020 - 2026)
Coupang's (CPNG) quarterly Change in Inventory came in at $51.0 million in Q2 2026, down 44.57% on a YoY basis from $92.0 million in Q2 2025, and up 139.84% quarter-over-quarter from -$128.0 million in Q1 2026.
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Analysis
Coupang (CPNG) Change in Inventory (2020 - 2026) Analysis & Trends
Coupang (CPNG) has reported Change in Inventory for 7 consecutive years, with $51.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory fell 44.57% year-over-year to $51.0 million; the trailing twelve-month figure through Jun 2026 stood at $46.0 million (down 85.76% YoY), and the FY2025 full-year result was $233.0 million, down 38.03% from the prior year.
- Change in Inventory grew to $51.0 million in Q2 2026 per CPNG's latest filing, from -$128.0 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.
- Historically, Change in Inventory has averaged $52.4 million across 5 years, with a median of $66.0 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Change in Inventory soared 988.82% in 2023, then tumbled 811.11% in 2026.
- Over 5 years, Change in Inventory stood at $78.2 million in 2022, then sank by 154.96% to -$43.0 million in 2023, then jumped by 430.23% to $142.0 million in 2024, then tumbled by 223.24% to -$175.0 million in 2025, then surged by 129.14% to $51.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $51.0 million, -$128.0 million, and -$175.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 1.82 Bn |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | - |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | 51.00 Mn |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | 5.00 Mn |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | -20.72 Mn |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 18.70 Mn |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | 30.67 Mn |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | - |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | 7.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.00 Mn |
| Mar 31, 2026 | -128.00 Mn |
| Dec 31, 2025 | -175.00 Mn |
| Sep 30, 2025 | 298.00 Mn |
| Jun 30, 2025 | 92.00 Mn |
| Mar 31, 2025 | 18.00 Mn |
| Dec 31, 2024 | 142.00 Mn |
| Sep 30, 2024 | 71.00 Mn |
| Jun 30, 2024 | 130.00 Mn |
| Mar 31, 2024 | 33.00 Mn |
| Dec 31, 2023 | -43.00 Mn |
| Sep 30, 2023 | 105.00 Mn |
| Jun 30, 2023 | -79.00 Mn |
| Mar 31, 2023 | 61.00 Mn |
| Dec 31, 2022 | 78.24 Mn |
| Sep 30, 2022 | 103.67 Mn |
| Jun 30, 2022 | 191.95 Mn |
| Mar 31, 2022 | -6.86 Mn |
| Dec 31, 2021 | 219.44 Mn |
| Sep 30, 2021 | 41.37 Mn |
API Access
Coupang Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();