Coupang (CPNG) Other Working Capital Changes (2020 - 2026)
Coupang (CPNG) recorded Other Working Capital Changes of $151 million in Q2 2026, down 8.5% from $165 million a year earlier but up 268.3% from the prior quarter.
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Analysis
Coupang (CPNG) Other Working Capital Changes (2020 - 2026) Analysis & Trends
On a TTM basis, Coupang's Other Working Capital Changes came in at $433 million as of Jun 30, 2026, up 46.3% year-over-year; for FY2025, it came in at $517 million, up 240.1% from FY2024.
- Annual Other Working Capital Changes has a five-year compound annual growth rate of 24.5% (FY2020 to FY2025).
- Across earlier years, Other Working Capital Changes came in at $152 million in FY2024 (-0.7%), $153 million in FY2023 (-38.6%), $249 million in FY2022 (+39.9%) and $178 million in FY2021 (+3.1%).
- Quarterly Other Working Capital Changes has ranged from -$112 million in Q4 2024 to $165 million in Q2 2025 over the past five years.
- On a year-over-year basis, Other Working Capital Changes rose in three of the last six quarters, with growth averaging 37.2%.
- Peak year-over-year performance for Other Working Capital Changes in the last five years was growth of 114.3% in Q2 2025, against a decline of 63.1% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $41 million (Q1 2026), $112 million (Q4 2025) and $129 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn |
| 10 | Coupang | 28.37 Bn | 2.41 Bn | 2.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -448.00 Mn |
| Mar 31, 2026 | -171.00 Mn |
| Dec 31, 2025 | -271.00 Mn |
| Sep 30, 2025 | -212.00 Mn |
| Jun 30, 2025 | -210.00 Mn |
| Mar 31, 2025 | -107.00 Mn |
| Dec 31, 2024 | -12.00 Mn |
| Sep 30, 2024 | -116.00 Mn |
| Jun 30, 2024 | -161.00 Mn |
| Mar 31, 2024 | -76.00 Mn |
| Dec 31, 2023 | -206.00 Mn |
| Sep 30, 2023 | -101.00 Mn |
| Jun 30, 2023 | -149.00 Mn |
| Mar 31, 2023 | 14.00 Mn |
| Dec 31, 2022 | -434,000.00 |
| Sep 30, 2022 | -153.78 Mn |
| Jun 30, 2022 | -189.90 Mn |
| Mar 31, 2022 | -83.89 Mn |
| Dec 31, 2021 | -78.50 Mn |
| Sep 30, 2021 | -110.02 Mn |
API Access
Coupang Other Working Capital Changes 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=other-working-capital-changes&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();