Coupang (CPNG) Payables (2020 - 2026)
Coupang's (CPNG) quarterly Payables came in at $7.6 billion in Q1 2026, up 22.04% YoY from $6.3 billion in Q1 2025, and up 5.22% on a QoQ basis from $7.3 billion in Q4 2025.
Coupang (CPNG) Payables (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of Payables data on file, last reported at $7.6 billion in Q1 2026.
- Quarterly Payables rose 22.04% year-over-year to $7.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.6 billion (up 22.04% YoY) and the FY2025 annual result came in at $7.3 billion, up 20.3% from the prior year.
- Payables rose to $7.6 billion in Q1 2026, from $7.3 billion in the prior quarter.
- In the past five years, Payables ranged from a high of $8.2 billion in Q3 2025 to a low of $3.1 billion in Q3 2022.
- A 5-year average of $5.4 billion and a median of $5.6 billion in 2024 frame the typical range for Payables.
- Annual changes were most pronounced in 2022 — Payables declined 8.41% — and 2023, when it soared 56.38%.
- Tracing CPNG's Payables over 5 years: stood at $3.8 billion in 2022, then jumped by 41.72% to $5.4 billion in 2023, then climbed by 12.12% to $6.0 billion in 2024, then gained by 20.3% to $7.3 billion in 2025, then rose by 5.22% to $7.6 billion in 2026.
- The last three Payables figures came in at $7.6 billion (Q1 2026), $7.3 billion (Q4 2025), and $8.2 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,937.24 Bn | 2,814.26 Bn | 198.88 Bn | 147.44 Bn |
| 2 | PDD Holdings | 507.38 Bn | 447.83 Bn | 9.83 Bn | 14.01 Bn |
| 3 | Mercadolibre | 97.62 Bn | 82.42 Bn | 4.16 Bn | 5.74 Bn |
| 4 | DoorDash | 93.09 Bn | 87.74 Bn | 2.35 Bn | 301.00 Mn |
| 5 | JD.com | 87.42 Bn | 58.24 Bn | 7.66 Bn | 28.22 Bn |
| 6 | Sea | 78.05 Bn | 69.53 Bn | 3.15 Bn | 1.24 Bn |
| 7 | Ebay | 47.72 Bn | 44.41 Bn | 2.30 Bn | 353.00 Mn |
| 8 | Coupang | 29.89 Bn | 23.78 Bn | 2.49 Bn | 8.31 Bn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | 359,133.42 |
| 10 | Wayfair | 13.71 Bn | 12.57 Bn | 1.05 Bn | 1.32 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.31 Bn |
| Mar 31, 2026 | 7.64 Bn |
| Dec 31, 2025 | 7.26 Bn |
| Sep 30, 2025 | 8.17 Bn |
| Jun 30, 2025 | 7.27 Bn |
| Mar 31, 2025 | 6.26 Bn |
| Dec 31, 2024 | 6.03 Bn |
| Sep 30, 2024 | 6.28 Bn |
| Jun 30, 2024 | 5.96 Bn |
| Mar 31, 2024 | 5.64 Bn |
| Dec 31, 2023 | 5.38 Bn |
| Sep 30, 2023 | 4.85 Bn |
| Jun 30, 2023 | 4.31 Bn |
| Mar 31, 2023 | 3.91 Bn |
| Dec 31, 2022 | 3.80 Bn |
| Sep 30, 2022 | 3.10 Bn |
| Jun 30, 2022 | 3.34 Bn |
| Mar 31, 2022 | 3.34 Bn |
| Dec 31, 2021 | 3.45 Bn |
| Sep 30, 2021 | 3.38 Bn |