Coupang (CPNG) Cost of Revenue (2020 - 2026)
Coupang's (CPNG) quarterly Cost of Revenue came in at $6.2 billion in Q1 2026, up 11.0% YoY from $5.6 billion in Q1 2025, and down 1.34% on a QoQ basis from $6.3 billion in Q4 2025.
Coupang (CPNG) Cost of Revenue (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of Cost of Revenue data on file, last reported at $6.2 billion in Q1 2026.
- Quarterly Cost of Revenue rose 11.0% year-over-year to $6.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.0 billion (up 14.48% YoY) and the FY2025 annual result came in at $24.4 billion, up 13.79% from the prior year.
- Cost of Revenue declined to $6.2 billion in Q1 2026, from $6.3 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $6.5 billion in Q3 2025 to a low of $3.9 billion in Q3 2022.
- A 5-year average of $5.1 billion and a median of $5.2 billion in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue declined 5.21% — and 2024, when it climbed 21.2%.
- Tracing CPNG's Cost of Revenue over 5 years: stood at $4.0 billion in 2022, then rose by 20.57% to $4.9 billion in 2023, then gained by 12.15% to $5.5 billion in 2024, then advanced by 14.93% to $6.3 billion in 2025, then retreated by 1.34% to $6.2 billion in 2026.
- The last three Cost of Revenue figures came in at $6.2 billion (Q1 2026), $6.3 billion (Q4 2025), and $6.5 billion (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,966.86 Bn | 2,843.87 Bn | 198.88 Bn | 183.24 Bn |
| 2 | PDD Holdings | 507.49 Bn | 447.95 Bn | 9.83 Bn | 7.89 Bn |
| 3 | Mercadolibre | 95.76 Bn | 80.56 Bn | 4.16 Bn | 6.01 Bn |
| 4 | DoorDash | 91.54 Bn | 86.19 Bn | 2.35 Bn | 2.11 Bn |
| 5 | JD.com | 87.38 Bn | 58.20 Bn | 7.66 Bn | 38.08 Bn |
| 6 | Sea | 75.71 Bn | 67.19 Bn | 3.15 Bn | 587.04 Mn |
| 7 | Ebay | 47.33 Bn | 44.02 Bn | 2.30 Bn | 832.00 Mn |
| 8 | Coupang | 29.45 Bn | 23.34 Bn | 2.49 Bn | 6.36 Bn |
| 9 | Zkh | 15.91 Bn | 15.91 Bn | 51.11 Mn | 255.12 Mn |
| 10 | Wayfair | 13.95 Bn | 12.80 Bn | 1.05 Bn | 2.47 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.36 Bn |
| Jun 30, 2026 | 6.36 Bn |
| Mar 31, 2026 | 6.21 Bn |
| Mar 31, 2026 | 6.21 Bn |
| Dec 31, 2025 | 6.29 Bn |
| Dec 31, 2025 | 6.29 Bn |
| Sep 30, 2025 | 6.55 Bn |
| Sep 30, 2025 | 6.55 Bn |
| Jun 30, 2025 | 5.96 Bn |
| Jun 30, 2025 | 5.96 Bn |
| Mar 31, 2025 | 5.59 Bn |
| Mar 31, 2025 | 5.59 Bn |
| Dec 31, 2024 | 5.47 Bn |
| Dec 31, 2024 | 5.47 Bn |
| Sep 30, 2024 | 5.60 Bn |
| Sep 30, 2024 | 5.60 Bn |
| Jun 30, 2024 | 5.18 Bn |
| Jun 30, 2024 | 5.18 Bn |
| Mar 31, 2024 | 5.19 Bn |
| Mar 31, 2024 | 5.19 Bn |