Coupang (CPNG) EBITDA (2020 - 2026)
Coupang (CPNG) recorded quarterly EBITDA of -$242.0 million in Q1 2026, down 3125.0% on a QoQ basis from $8.0 million in Q4 2025, and down 257.14% year-over-year from $154.0 million in Q1 2025.
Coupang (CPNG) EBITDA (2020 - 2026) Analysis & Trends
Coupang has disclosed EBITDA across 7 years of filings, most recently posting -$242.0 million for Q1 2026.
- Quarterly EBITDA fell 257.14% year-over-year to -$242.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $77.0 million (down 86.0% YoY) and the FY2025 annual result came in at $473.0 million, up 303.0% from the prior year.
- EBITDA retreated to -$242.0 million in Q1 2026, from $8.0 million in the prior quarter.
- Over five years, EBITDA peaked at $312.0 million in Q4 2024 and troughed at -$242.0 million in Q1 2026.
- A 5-year average of $61.4 million and a median of $88.0 million in 2023 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2025 — EBITDA soared 696.0% — and 2026, when it tumbled 257.14%.
- Tracing CPNG's EBITDA over 5 years: stood at $168.6 million in 2022, then slipped by 22.29% to $131.0 million in 2023, then jumped by 138.17% to $312.0 million in 2024, then slumped by 97.44% to $8.0 million in 2025, then plunged by 3125.0% to -$242.0 million in 2026.
- Business Quant data shows CPNG's EBITDA at -$242.0 million in Q1 2026, $8.0 million in Q4 2025, and $162.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 23.85 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 611.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 194.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 3.96 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 611.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -242.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -5.83 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -11.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 182.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 94.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -242.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Sep 30, 2025 | 162.00 Mn |
| Jun 30, 2025 | 149.00 Mn |
| Mar 31, 2025 | 154.00 Mn |
| Dec 31, 2024 | 312.00 Mn |
| Sep 30, 2024 | 109.00 Mn |
| Jun 30, 2024 | -25.00 Mn |
| Mar 31, 2024 | 40.00 Mn |
| Dec 31, 2023 | 131.00 Mn |
| Sep 30, 2023 | 88.00 Mn |
| Jun 30, 2023 | 126.82 Mn |
| Mar 31, 2023 | 72.72 Mn |
| Dec 31, 2022 | 168.57 Mn |
| Sep 30, 2022 | 38.16 Mn |
| Jun 30, 2022 | -46.27 Mn |
| Mar 31, 2022 | -202.47 Mn |
| Dec 31, 2021 | -452.57 Mn |
| Sep 30, 2021 | -298.45 Mn |
| Jun 30, 2021 | -528.84 Mn |