Coupang (CPNG) Notes Payables (2020 - 2026)
Coupang's (CPNG) quarterly Notes Payables came in at $2.0 billion in Q2 2026, up 152.87% on a YoY basis from $785.0 million in Q2 2025, and up 18.72% quarter-over-quarter from $1.7 billion in Q1 2026.
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Analysis
Coupang (CPNG) Notes Payables (2020 - 2026) Analysis & Trends
Coupang (CPNG) has reported Notes Payables for 7 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Notes Payables rose 152.87% year-over-year to $2.0 billion; the trailing twelve-month figure through Jun 2026 stood at $2.0 billion (up 152.87% YoY), and the FY2025 full-year result was $960.0 million, up 100.42% from the prior year.
- Notes Payables climbed to $2.0 billion in Q2 2026 per CPNG's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Notes Payables topped out at $2.0 billion in Q2 2026 and bottomed at $7.7 million in Q1 2022.
- Historically, Notes Payables has averaged $564.1 million across 5 years, with a median of $309.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Notes Payables slumped 95.02% in 2022, then surged 2807.18% in 2023.
- Over 5 years, Notes Payables stood at $175.0 million in 2022, then surged by 61.14% to $282.0 million in 2023, then jumped by 69.86% to $479.0 million in 2024, then soared by 100.42% to $960.0 million in 2025, then surged by 106.77% to $2.0 billion in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $2.0 billion, $1.7 billion, and $960.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.99 Bn |
| Mar 31, 2026 | 1.67 Bn |
| Dec 31, 2025 | 960.00 Mn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 785.00 Mn |
| Mar 31, 2025 | 556.00 Mn |
| Dec 31, 2024 | 479.00 Mn |
| Sep 30, 2024 | 379.00 Mn |
| Jun 30, 2024 | 336.00 Mn |
| Mar 31, 2024 | 272.00 Mn |
| Dec 31, 2023 | 282.00 Mn |
| Sep 30, 2023 | 232.09 Mn |
| Jun 30, 2023 | 232.25 Mn |
| Mar 31, 2023 | 223.45 Mn |
| Dec 31, 2022 | 175.00 Mn |
| Sep 30, 2022 | 159.64 Mn |
| Jun 30, 2022 | 47.55 Mn |
| Mar 31, 2022 | 7.69 Mn |
| Dec 31, 2021 | 7.81 Mn |
| Sep 30, 2021 | 168.05 Mn |
API Access
Coupang Notes Payables 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=notes-payables&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();