Coupang (CPNG) Inventory (2020 - 2026)
Coupang's Inventory was $2.07 billion in Q2 2026, down 9.5% from $2.29 billion a year earlier but up 1.5% from the prior quarter.
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Analysis
Coupang (CPNG) Inventory (2020 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Coupang came in at $2.26 billion, up 7.5% from FY2024.
- Inventory has now increased for five consecutive years, with a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- In earlier years, Inventory was $2.1 billion in FY2024 (+26.0%), $1.67 billion in FY2023 (+0.5%), $1.66 billion in FY2022 (+16.6%) and $1.42 billion in FY2021 (+22.4%).
- Quarterly Inventory has moved between $1.21 billion (Q3 2021) and $2.49 billion (Q3 2025) over five years.
- Compared with a year earlier, Inventory was higher in six of the last eight quarters, with growth averaging 11.3%.
- The best year-over-year quarter for Inventory over five years was Q3 2024 (growth of 32.9%); the worst was Q2 2026 (a decline of 9.5%).
- Per Business Quant data, CPNG's Inventory in the three quarters before Q2 2026 was $2.04 billion (Q1 2026), $2.26 billion (Q4 2025) and $2.49 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 38.18 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 26.85 Bn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 7.86 Bn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 17.74 Bn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 3.09 Bn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 5.97 Bn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 3.26 Bn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 13.25 Bn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | - |
| 10 | Coupang | 28.37 Bn | 2.41 Bn | 2.49 Bn | 2.07 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.07 Bn |
| Mar 31, 2026 | 2.04 Bn |
| Dec 31, 2025 | 2.26 Bn |
| Sep 30, 2025 | 2.49 Bn |
| Jun 30, 2025 | 2.29 Bn |
| Mar 31, 2025 | 2.05 Bn |
| Dec 31, 2024 | 2.10 Bn |
| Sep 30, 2024 | 2.18 Bn |
| Jun 30, 2024 | 1.99 Bn |
| Mar 31, 2024 | 1.94 Bn |
| Dec 31, 2023 | 1.67 Bn |
| Sep 30, 2023 | 1.64 Bn |
| Jun 30, 2023 | 1.57 Bn |
| Mar 31, 2023 | 1.67 Bn |
| Dec 31, 2022 | 1.66 Bn |
| Sep 30, 2022 | 1.41 Bn |
| Jun 30, 2022 | 1.45 Bn |
| Mar 31, 2022 | 1.38 Bn |
| Dec 31, 2021 | 1.42 Bn |
| Sep 30, 2021 | 1.21 Bn |
API Access
Coupang Inventory 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=inventory&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();