Coupang (CPNG) Free Cash Flow (2020 - 2026)
Coupang's (CPNG) quarterly Free Cash Flow came in at -$112.0 million in Q1 2026, down 197.39% YoY from $115.0 million in Q1 2025, and up 59.71% on a QoQ basis from -$278.0 million in Q4 2025.
Coupang (CPNG) Free Cash Flow (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of Free Cash Flow data on file, last reported at -$112.0 million in Q1 2026.
- Quarterly Free Cash Flow fell 197.39% year-over-year to -$112.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $295.0 million (down 70.99% YoY) and the FY2025 annual result came in at $522.0 million, down 48.16% from the prior year.
- Free Cash Flow improved to -$112.0 million in Q1 2026, from -$278.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $532.0 million in Q3 2023 to a low of -$293.8 million in Q1 2022.
- A 5-year average of $171.4 million and a median of $246.0 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2025 — Free Cash Flow soared 1054.35% — and 2026, when it slumped 197.39%.
- Tracing CPNG's Free Cash Flow over 5 years: stood at $459.1 million in 2022, then retreated by 18.32% to $375.0 million in 2023, then climbed by 23.2% to $462.0 million in 2024, then sank by 160.17% to -$278.0 million in 2025, then surged by 59.71% to -$112.0 million in 2026.
- The last three Free Cash Flow figures came in at -$112.0 million (Q1 2026), -$278.0 million (Q4 2025), and $439.0 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | -26.99 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 3.45 Bn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 3.22 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 803.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 306.07 Mn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 1.06 Bn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 326.00 Mn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 50.00 Mn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | - |
| 10 | Wayfair | 13.66 Bn | 12.51 Bn | 1.05 Bn | 334.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 50.00 Mn |
| Jun 30, 2026 | 50.00 Mn |
| Mar 31, 2026 | -112.00 Mn |
| Mar 31, 2026 | -112.00 Mn |
| Dec 31, 2025 | -278.00 Mn |
| Dec 31, 2025 | -278.00 Mn |
| Sep 30, 2025 | 439.00 Mn |
| Sep 30, 2025 | 439.00 Mn |
| Jun 30, 2025 | 246.00 Mn |
| Jun 30, 2025 | 246.00 Mn |
| Mar 31, 2025 | 115.00 Mn |
| Mar 31, 2025 | 115.00 Mn |
| Dec 31, 2024 | 462.00 Mn |
| Dec 31, 2024 | 462.00 Mn |
| Sep 30, 2024 | -46.00 Mn |
| Sep 30, 2024 | -46.00 Mn |
| Jun 30, 2024 | 486.00 Mn |
| Jun 30, 2024 | 486.00 Mn |
| Mar 31, 2024 | 105.00 Mn |
| Mar 31, 2024 | 105.00 Mn |