Coupang (CPNG) Free Cash Flow (2020 - 2026)
Coupang (CPNG) recorded Free Cash Flow of $50 million in Q2 2026, down 79.7% from $246 million a year earlier.
Coupang (CPNG) Free Cash Flow (2020 - 2026) Analysis & Trends
On a TTM basis, Coupang's Free Cash Flow came in at $99 million as of Jun 30, 2026, down 87.3% year-over-year; for FY2025, it was $522 million, down 48.2% from FY2024.
- Across earlier years, Free Cash Flow came in at $1.01 billion in FY2024 (-42.7%), $1.76 billion in FY2023, -$259 million in FY2022 and -$1.09 billion in FY2021.
- Quarterly Free Cash Flow has ranged from -$371.61 million in Q4 2021 to $532 million in Q3 2023 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in two of the last four quarters, with an average decline of 24.1%.
- Per Business Quant, the preceding three quarters came in at -$112 million (Q1 2026), -$278 million (Q4 2025) and $439 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | -8.82 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 4.51 Bn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 1.73 Bn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 3.12 Bn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 624.50 Mn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 698.90 Mn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 187.00 Mn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 2.43 Bn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 456.48 Mn |
| 10 | Coupang | 28.37 Bn | 2.41 Bn | 2.49 Bn | 50.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.00 Mn |
| Mar 31, 2026 | -112.00 Mn |
| Dec 31, 2025 | -278.00 Mn |
| Sep 30, 2025 | 439.00 Mn |
| Jun 30, 2025 | 246.00 Mn |
| Mar 31, 2025 | 115.00 Mn |
| Dec 31, 2024 | 462.00 Mn |
| Sep 30, 2024 | -46.00 Mn |
| Jun 30, 2024 | 486.00 Mn |
| Mar 31, 2024 | 105.00 Mn |
| Dec 31, 2023 | 375.00 Mn |
| Sep 30, 2023 | 532.00 Mn |
| Jun 30, 2023 | 443.00 Mn |
| Mar 31, 2023 | 406.00 Mn |
| Dec 31, 2022 | 459.11 Mn |
| Sep 30, 2022 | -225.24 Mn |
| Jun 30, 2022 | -199.03 Mn |
| Mar 31, 2022 | -293.85 Mn |
| Dec 31, 2021 | -371.61 Mn |
| Sep 30, 2021 | -245.42 Mn |
Coupang Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CPNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();