Coupang (CPNG) Operating Leases (2020 - 2026)

Coupang has disclosed Operating Leases across 7 years of filings, most recently posting $2.6 billion for Q1 2026.

• Quarterly Operating Leases rose 22.71% year-over-year to $2.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.6 billion (up 22.71% YoY) and the FY2025 annual result came in at $2.5 billion, up 40.23% from the prior year.
• Operating Leases climbed to $2.6 billion in Q1 2026, from $2.5 billion in the prior quarter.
• Over five years, Operating Leases peaked at $2.6 billion in Q1 2026 and troughed at $1.1 billion in Q3 2022.
• A 5-year average of $1.7 billion and a median of $1.7 billion in 2024 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2022 — Operating Leases jumped 62.72% — and 2023, when it fell 26.2%.
• Tracing CPNG's Operating Leases over 5 years: stood at $1.2 billion in 2022, then rose by 12.4% to $1.4 billion in 2023, then rose by 27.61% to $1.8 billion in 2024, then jumped by 40.23% to $2.5 billion in 2025, then grew by 2.74% to $2.6 billion in 2026.
• Business Quant data shows CPNG's Operating Leases at $2.6 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.4 billion in Q3 2025.