Coupang (CPNG) Invested Capital (2020 - 2026)
Coupang (CPNG) recorded quarterly Invested Capital of $4.5 billion in Q1 2026, down 13.74% on a QoQ basis from $5.3 billion in Q4 2025, and down 7.77% year-over-year from $4.9 billion in Q1 2025.
Coupang (CPNG) Invested Capital (2020 - 2026) Analysis & Trends
Coupang has disclosed Invested Capital across 7 years of filings, most recently posting $4.5 billion for Q1 2026.
- Quarterly Invested Capital fell 7.77% year-over-year to $4.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.5 billion (down 7.77% YoY) and the FY2025 annual result came in at $5.3 billion, up 3.56% from the prior year.
- Invested Capital fell to $4.5 billion in Q1 2026, from $5.3 billion in the prior quarter.
- Over five years, Invested Capital peaked at $5.3 billion in Q4 2025 and troughed at $2.6 billion in Q1 2022.
- A 5-year average of $4.0 billion and a median of $4.2 billion in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital decreased 25.38% — and 2023, when it soared 56.44%.
- Tracing CPNG's Invested Capital over 5 years: stood at $3.0 billion in 2022, then surged by 56.44% to $4.6 billion in 2023, then climbed by 10.22% to $5.1 billion in 2024, then climbed by 3.56% to $5.3 billion in 2025, then retreated by 13.74% to $4.5 billion in 2026.
- Business Quant data shows CPNG's Invested Capital at $4.5 billion in Q1 2026, $5.3 billion in Q4 2025, and $4.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 564.55 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 12.60 Bn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 10.20 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 58.28 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 11.16 Bn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 4.55 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 33,205.27 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 158.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 2.40 Bn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 424.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.55 Bn |
| Dec 31, 2025 | 5.27 Bn |
| Sep 30, 2025 | 4.74 Bn |
| Jun 30, 2025 | 4.85 Bn |
| Mar 31, 2025 | 4.93 Bn |
| Dec 31, 2024 | 5.09 Bn |
| Sep 30, 2024 | 4.22 Bn |
| Jun 30, 2024 | 4.19 Bn |
| Mar 31, 2024 | 4.28 Bn |
| Dec 31, 2023 | 4.62 Bn |
| Sep 30, 2023 | 3.84 Bn |
| Jun 30, 2023 | 3.68 Bn |
| Mar 31, 2023 | 3.23 Bn |
| Dec 31, 2022 | 2.95 Bn |
| Sep 30, 2022 | 2.73 Bn |
| Jun 30, 2022 | 2.66 Bn |
| Mar 31, 2022 | 2.65 Bn |
| Dec 31, 2021 | 2.46 Bn |
| Sep 30, 2021 | 2.74 Bn |
| Jun 30, 2021 | 2.81 Bn |