Coupang (CPNG) Operating Income (2020 - 2026)
Coupang (CPNG) reported Operating Income of -$242.0 million for Q1 2026, down 257.14% year-on-year from $154.0 million in Q1 2025, and down 3125.0% quarter-over-quarter from $8.0 million in Q4 2025.
Coupang (CPNG) has 7 years of Operating Income data on file, last reported at -$242.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 257.14% year-over-year to -$242.0 million; the trailing twelve-month figure through Mar 2026 stood at $77.0 million (down 86.0% YoY), and the FY2025 full-year result was $473.0 million, up 8.49% from the prior year.
- Operating Income for Q1 2026 stood at -$242.0 million, down from $8.0 million in the prior quarter.
- Across five years, Operating Income topped out at $312.0 million in Q4 2024 and bottomed at -$242.0 million in Q1 2026.
- A 5-year average of $60.5 million and a median of $88.0 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income soared 696.0% in 2025 and sank 257.14% in 2026, its largest moves.
- Tracing CPNG's Operating Income over 5 years: stood at $83.4 million in 2022, then jumped by 57.02% to $131.0 million in 2023, then surged by 138.17% to $312.0 million in 2024, then sank by 97.44% to $8.0 million in 2025, then tumbled by 3125.0% to -$242.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$242.0 million, $8.0 million, and $162.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 23.85 Bn |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | -123.00 Mn |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 611.00 Mn |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 151.00 Mn |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 611.00 Mn |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | -242.00 Mn |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 182.00 Mn |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | -11.00 Mn |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 42.50 Mn |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 119.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -514.94 Mn |
| Mar 31, 2021 | -267.32 Mn |
| Dec 31, 2020 | -130.90 Mn |
| Sep 30, 2020 | -216.24 Mn |
| Jun 30, 2020 | -95.22 Mn |
| Mar 31, 2020 | -73.64 Mn |