Coupang (CPNG) Operating Income (2020 - 2026)
Coupang (CPNG) reported Operating Income of -$556 million for Q2 2026, compared with $149 million a year earlier.
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Analysis
Coupang (CPNG) Operating Income (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Coupang's Operating Income came in at -$628 million; for FY2025, it came in at $473 million, up 8.5% from FY2024.
- By year, Operating Income came in at $436 million in FY2024 (-7.8%), $473 million in FY2023, -$112 million in FY2022 and -$1.49 billion in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Operating Income in data going back to Q1 2020.
- Year over year, Operating Income gained in four of the last five quarters, with growth averaging 79.6%.
- The high point for year-over-year Operating Income in five years was Q1 2025 (growth of 285.0%); the low point was Q4 2025 (a decline of 97.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$242 million (Q1 2026), $8 million (Q4 2025) and $162 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 27.46 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 6.84 Bn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 1.99 Bn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 3.55 Bn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 1.10 Bn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 985.75 Mn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 680.00 Mn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 2.56 Bn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 923.76 Mn |
| 10 | Coupang | 28.37 Bn | 2.41 Bn | 2.49 Bn | -556.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -556.00 Mn |
| Mar 31, 2026 | -242.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Sep 30, 2025 | 162.00 Mn |
| Jun 30, 2025 | 149.00 Mn |
| Mar 31, 2025 | 154.00 Mn |
| Dec 31, 2024 | 312.00 Mn |
| Sep 30, 2024 | 109.00 Mn |
| Jun 30, 2024 | -25.00 Mn |
| Mar 31, 2024 | 40.00 Mn |
| Dec 31, 2023 | 131.00 Mn |
| Sep 30, 2023 | 88.00 Mn |
| Jun 30, 2023 | 148.00 Mn |
| Mar 31, 2023 | 107.00 Mn |
| Dec 31, 2022 | 83.43 Mn |
| Sep 30, 2022 | 77.42 Mn |
| Jun 30, 2022 | -67.14 Mn |
| Mar 31, 2022 | -205.71 Mn |
| Dec 31, 2021 | -396.64 Mn |
| Sep 30, 2021 | -315.11 Mn |
API Access
Coupang Operating Income 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=operating-income&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();