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Coupang (CPNG) Cost of Revenue (2020 - 2025)

Coupang's Cost of Revenue history spans 6 years, with the latest figure at $6.3 billion for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 14.93% year-over-year to $6.3 billion, compared with a TTM value of $24.4 billion through Dec 2025, up 13.79%, and an annual FY2025 reading of $24.4 billion, up 13.79% over the prior year.
  • Cost of Revenue for Q4 2025 was $6.3 billion at Coupang, down from $6.5 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $6.5 billion in Q3 2025, with the low at $3.5 billion in Q1 2021.
  • Average Cost of Revenue over 5 years is $4.8 billion, with a median of $4.5 billion recorded in 2023.
  • Year-over-year, Cost of Revenue skyrocketed 75.67% in 2021 and then dropped 5.21% in 2022.
  • Tracing CPNG's Cost of Revenue over 5 years: stood at $4.3 billion in 2021, then dropped by 5.21% to $4.0 billion in 2022, then increased by 20.57% to $4.9 billion in 2023, then rose by 12.15% to $5.5 billion in 2024, then grew by 14.93% to $6.3 billion in 2025.
  • Per Business Quant, the three most recent readings for CPNG's Cost of Revenue are $6.3 billion (Q4 2025), $6.5 billion (Q3 2025), and $6.0 billion (Q2 2025).