Coupang, Inc. (CPNG) Operating Expenses (2020 - 2026)

Coupang (CPNG) has reported Operating Expenses for 7 consecutive years, with $8.7 billion the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $8.7 billion, up 12.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $35.1 billion (up 14.88% YoY), and the FY2025 annual result was $34.1 billion, up 14.18% from the prior year.
• Operating Expenses was $8.7 billion for Q1 2026 at Coupang, down from $8.8 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $9.1 billion in Q3 2025 and troughed at $5.0 billion in Q3 2022.
• Average Operating Expenses over 5 years is $6.9 billion, with a median of $7.1 billion recorded in 2024.
• Year-over-year, Operating Expenses retreated 4.19% in 2022 and advanced 29.14% in 2024.
• Over 5 years, Operating Expenses stood at $5.2 billion in 2022, then grew by 22.62% to $6.4 billion in 2023, then climbed by 19.02% to $7.7 billion in 2024, then gained by 15.34% to $8.8 billion in 2025, then slipped by 0.92% to $8.7 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $8.7 billion in Q1 2026, $8.8 billion in Q4 2025, and $9.1 billion in Q3 2025.