Coupang (CPNG) Net Long-Term Debt Issued (Repaid) (2020 - 2026)
Coupang's Non-Current Debt came in at $618 million for Q3 2025, down 48.2% from $1.19 billion a year earlier and down 27.3% from the prior quarter.
Analysis
Coupang (CPNG) Net Long-Term Debt Issued (Repaid) (2020 - 2026) Analysis & Trends
At the end of FY2024, Coupang's Non-Current Debt was $988 million, up 86.8% from FY2023.
- Non-Current Debt carries a four-year compound annual growth rate of 29.3% (FY2020 to FY2024).
- Going back by year, Non-Current Debt was $529 million in FY2023 (-1.7%), $538 million in FY2022 (+90.0%), $283.19 million in FY2021 (-19.9%) and $353.34 million in FY2020.
- The Q3 2025 figure represents the lowest quarterly Non-Current Debt since Q4 2023.
- Year-over-year, Non-Current Debt has declined for three consecutive quarters, with growth averaging 35.9% over the last eight quarters.
- The fastest year-over-year change in Non-Current Debt over five years came in Q3 2022 (growth of 231.3%), and the weakest in Q3 2025 (a decline of 48.2%).
- Business Quant data shows CPNG's Non-Current Debt at $850 million (Q2 2025), $1 billion (Q1 2025) and $988 million (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,807.22 Bn | 2,303.89 Bn | 107.37 Bn | 47.56 Bn |
| 2 | Home Depot | 347.46 Bn | 340.70 Bn | 16.12 Bn | -1.56 Bn |
| 3 | Tjx Companies | 153.51 Bn | 131.06 Bn | 5.07 Bn | - |
| 4 | Lowes Companies | 127.28 Bn | 120.25 Bn | 8.58 Bn | -21.00 Mn |
| 5 | O Reilly Automotive | 75.34 Bn | 74.43 Bn | 2.52 Bn | - |
| 6 | Ross Stores | 74.38 Bn | 57.31 Bn | 2.12 Bn | - |
| 7 | Target | 71.81 Bn | 66.40 Bn | 8.94 Bn | -38.00 Mn |
| 8 | Autozone | 54.47 Bn | 53.32 Bn | 3.52 Bn | -476.85 Mn |
| 9 | Carvana | 52.23 Bn | 41.81 Bn | 1.52 Bn | - |
| 10 | Coupang | 29.54 Bn | 5.36 Bn | 2.56 Bn | -933.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -933.00 Mn |
| Jun 30, 2026 | 325.00 Mn |
| Mar 31, 2026 | 738.00 Mn |
| Dec 31, 2025 | -346.00 Mn |
| Sep 30, 2025 | 233.00 Mn |
| Jun 30, 2025 | 104.00 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Jun 30, 2024 | 45.00 Mn |
| Mar 31, 2024 | -3.00 Mn |
| Dec 31, 2023 | -173.00 Mn |
| Sep 30, 2023 | 71.00 Mn |
| Jun 30, 2023 | 251.00 Mn |
| Mar 31, 2023 | 31.00 Mn |
| Dec 31, 2022 | 27.89 Mn |
| Sep 30, 2022 | 135.78 Mn |
| Jun 30, 2022 | -121.61 Mn |
| Mar 31, 2022 | 191.95 Mn |
| Dec 31, 2021 | -99.30 Mn |
| Sep 30, 2021 | 109.36 Mn |
API Access
Coupang Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=CPNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();