Coupang (CPNG) Change in Inventory (2020 - 2026)
Coupang (CPNG) recorded quarterly Change in Inventory of -$128.0 million in Q1 2026, up 26.86% on a QoQ basis from -$175.0 million in Q4 2025, and down 811.11% year-over-year from $18.0 million in Q1 2025.
Coupang (CPNG) Change in Inventory (2020 - 2026) Analysis & Trends
Coupang has disclosed Change in Inventory across 7 years of filings, most recently posting -$128.0 million for 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 advanced to -$128.0 million in Q1 2026, from -$175.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $298.0 million in Q3 2025 and troughed 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.
- 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 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 rose by 26.86% to -$128.0 million in 2026.
- Business Quant data shows CPNG's Change in Inventory at -$128.0 million in Q1 2026, -$175.0 million in Q4 2025, and $298.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | -1.62 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 88.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | - |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | - |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | - |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -128.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | - |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 7.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | - |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 128.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |