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Coupang (CPNG) Operating Expenses (2020 - 2025)

Coupang's Operating Expenses history spans 6 years, with the latest figure at $8.8 billion for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 15.34% year-over-year to $8.8 billion, compared with a TTM value of $34.1 billion through Dec 2025, up 14.18%, and an annual FY2025 reading of $34.1 billion, up 14.18% over the prior year.
  • Operating Expenses for Q4 2025 was $8.8 billion at Coupang, down from $9.1 billion in the prior quarter.
  • The five-year high for Operating Expenses was $9.1 billion in Q3 2025, with the low at $4.5 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $6.4 billion, with a median of $5.9 billion recorded in 2023.
  • Year-over-year, Operating Expenses surged 84.29% in 2021 and then dropped 4.19% in 2022.
  • Tracing CPNG's Operating Expenses over 5 years: stood at $5.5 billion in 2021, then dropped by 4.19% to $5.2 billion in 2022, then rose by 22.62% to $6.4 billion in 2023, then increased by 19.02% to $7.7 billion in 2024, then rose by 15.34% to $8.8 billion in 2025.
  • Per Business Quant, the three most recent readings for CPNG's Operating Expenses are $8.8 billion (Q4 2025), $9.1 billion (Q3 2025), and $8.4 billion (Q2 2025).