Coupang (CPNG) Operating Leases (2020 - 2026)
Coupang's (CPNG) quarterly Operating Leases came in at $2.6 billion in Q1 2026, up 22.71% YoY from $2.1 billion in Q1 2025, and up 2.74% on a QoQ basis from $2.5 billion in Q4 2025.
Analysis
Coupang (CPNG) Operating Leases (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of Operating Leases data on file, last reported at $2.6 billion in 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 rose to $2.6 billion in Q1 2026, from $2.5 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $2.6 billion in Q1 2026 to a low of $1.2 billion in Q1 2023.
- 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 2023 — Operating Leases decreased 9.15% — and 2024, when it jumped 52.11%.
- Tracing CPNG's Operating Leases over 5 years: stood at $1.2 billion in 2022, then grew by 12.4% to $1.4 billion in 2023, then grew by 27.61% to $1.8 billion in 2024, then surged by 40.23% to $2.5 billion in 2025, then advanced by 2.74% to $2.6 billion in 2026.
- The last three Operating Leases figures came in at $2.6 billion (Q1 2026), $2.5 billion (Q4 2025), and $2.4 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.47 Bn |
| Mar 31, 2026 | 2.55 Bn |
| Dec 31, 2025 | 2.48 Bn |
| Sep 30, 2025 | 2.44 Bn |
| Jun 30, 2025 | 2.27 Bn |
| Mar 31, 2025 | 2.08 Bn |
| Dec 31, 2024 | 1.77 Bn |
| Sep 30, 2024 | 1.97 Bn |
| Jun 30, 2024 | 1.74 Bn |
| Mar 31, 2024 | 1.67 Bn |
| Dec 31, 2023 | 1.39 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.26 Bn |
| Mar 31, 2023 | 1.18 Bn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 1.42 Bn |
| Jun 30, 2022 | 1.57 Bn |
| Mar 31, 2022 | 1.60 Bn |
| Dec 31, 2021 | 1.20 Bn |
| Sep 30, 2021 | 1.36 Bn |