Coupang, Inc. (CPNG) Cost of Revenue (2020 - 2026)

Coupang (CPNG) posted Cost of Revenue of $6.2 billion for Q1 2026, down 1.34% quarter-over-quarter from $6.3 billion in Q4 2025, and up 11.0% year-on-year from $5.6 billion in Q1 2025.

Coupang, Inc. (CPNG) Cost of Revenue (2020 - 2026) Analysis & Trends

Coupang (CPNG) has reported Cost of Revenue for 7 consecutive years, with $6.2 billion the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $6.2 billion, up 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.0 billion (up 14.48% YoY), and the FY2025 annual result was $24.4 billion, up 13.79% from the prior year.
  • Cost of Revenue was $6.2 billion for Q1 2026 at Coupang, down from $6.3 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $6.5 billion in Q3 2025 and troughed at $3.9 billion in Q3 2022.
  • Average Cost of Revenue over 5 years is $5.1 billion, with a median of $5.2 billion recorded in 2024.
  • Year-over-year, Cost of Revenue retreated 5.21% in 2022 and increased 21.2% in 2024.
  • Over 5 years, Cost of Revenue stood at $4.0 billion in 2022, then climbed by 20.57% to $4.9 billion in 2023, then grew by 12.15% to $5.5 billion in 2024, then increased by 14.93% to $6.3 billion in 2025, then dropped by 1.34% to $6.2 billion in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $6.2 billion in Q1 2026, $6.3 billion in Q4 2025, and $6.5 billion in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
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
Dec 31, 2023 4.88 Bn
Dec 31, 2023 4.88 Bn