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NYSE · Consumer discretionary

Coupang, Inc. (CPNG)

Coupang, Inc. brought in $35.5B of revenue over the twelve months to June 30, 2026, up 9.9% from a year earlier. It posted a net loss of $767M. Operating cash flow minus capital spending left $522M of free cash flow in fiscal 2025. At June 30, 2026 it held $6.1B in cash against $618M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 4, 2026.

Price
$14.20
+3.05% on the day · October 5, 2026
52-week range $13.35 to $32.75
Market cap
$25.5B
Revenue (last 12 months)
$35.5B
+9.9% year on year
Net margin
-2.2%
P/E
129.1
on FY2025 diluted EPS

Key facts about Coupang, Inc.

Net worth
Coupang, Inc. has a market value (market cap) of $25.5B at the latest share price, and shareholders' equity of $3B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $34.5B (+14.1% year on year), with net income of $208M. Over the 12 months to June 30, 2026: revenue $35.5B, net loss $767M.
Cash flow
In fiscal 2025 operations brought in $1.8B of cash; after $1.3B of capital spending, free cash flow was $522M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 4, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
Coupang, Inc.'s next report is expected around November 3, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

What Coupang, Inc. does

Coupang, Inc. is registered with the SEC under industry code SIC 5961 (Retail-Catalog & Mail-Order Houses). Its shares trade on NYSE under the ticker CPNG.

Revenue and profit by year

Revenue
FY19: $6.3B $6.3B FY19FY21: $12B $12B FY21FY21: $18.4B $18.4B FY21FY22: $20.6B $20.6B FY22FY23: $24.4B $24.4B FY23FY24: $30.3B $30.3B FY24FY25: $34.5B $34.5B FY25
Net income
FY19: -$696.9M -$696.9M FY19FY21: -$463.2M -$463.2M FY21FY21: -$1.5B -$1.5B FY21FY22: -$92M -$92M FY22FY23: $1.4B $1.4B FY23FY24: $154M $154M FY24FY25: $208M $208M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$34.5B$473M$208M$0.11$522M
2024$30.3B$436M$154M$0.08$1B
2023$24.4B$473M$1.4B$0.75$1.8B
2022$20.6B-$112M-$92M-$0.05-$259M
2021$18.4B-$1.5B-$1.5B-$1.08-$1.1B
2021$12B-$516M-$463.2M-$19.16-$183.1M

Full financial statements: income, balance sheet and cash flow

Next report expected around November 3, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 4, 2025. Not a date the company has announced. See the report calendar

Where CPNG ranks in Consumer discretionary

Revenue$34.5B
#30 of 1076 in Consumer discretionary · Top 3%
Revenue growth+14.1%
#200 of 952 in Consumer discretionary · Top 21%
Net margin0.6%
#604 of 968 in Consumer discretionary · Bottom 38%
Free cash flow margin1.5%
#562 of 853 in Consumer discretionary · Bottom 34%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Latest SEC filings

What Coupang, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 4, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 3.9% to $8.9B versus the same quarter last year; diluted EPS -$0.32 versus $0.02.
  2. August 4, 2026
  3. August 4, 2026
  4. June 12, 2026
  5. June 11, 2026
  6. May 18, 2026
  7. May 14, 2026
  8. May 6, 2026
  9. May 5, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue rose 7.5% to $8.5B versus the same quarter last year; diluted EPS -$0.15 versus $0.06.
  10. May 5, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 5, 2026. Insider transactions on SEC

What is CPNG worth? A DCF from its reported cash flow

Insider trades

What the people running Coupang, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $3.3M worth of shares in the last 90 days and bought none on the open market. 5% of the selling was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$3.3M
last 90 days
Net sold
203,148
$3.3M
DateInsiderWhatSharesPriceValueFiling
October 2, 2026 Lee Jonathan D.Chief Accounting Officer Soldpre-planned (10b5-1) 5,519 $13.65 $75.3K Form 4
August 10, 2026 Lee Jonathan D.Chief Accounting Officer Soldpre-planned (10b5-1) 5,519 $16.10 $88.9K Form 4
August 10, 2026 Rogers HaroldSee Remarks Sold 192,110 $16.18 $3.1M Form 4
June 11, 2026 Child JasonDirector Received as pay 21,304 - - Form 4
June 11, 2026 Franceschi PedroDirector Received as pay 17,971 - - Form 4
June 11, 2026 Mehta NeilDirector Received as pay 17,391 - - Form 4
June 11, 2026 Sharma AshaDirector Received as pay 17,971 - - Form 4
June 11, 2026 Sun BenjaminDirector Received as pay 19,275 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns CPNG

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
SB Investment Advisers (UK) Limited13G, passive with 1 related filers 17.3% 289,542,259 November 14, 2025
Bom Kim13G, passive 9.1% 164,410,881 February 14, 2025

Latest filings below 5%: Baillie Gifford & Co 4.8% (August 4, 2026); Morgan Stanley I.R.S. # 36-3145972 -------------------------------------------------------------------------------- 4.2% (November 8, 2024).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 589 managers reported a position.

HolderSharesValueChange on quarter
SB Investment Advisers (UK) Ltd289,542,259$5.03B0
Baillie Gifford & Co78,743,687$1.37B-41,912,555
Dodge & Cox72,194,220$1.25B+186,100
BlackRock, Inc.62,396,132$1.08B-2,488,146
Artisan Partners Limited Partnership50,439,134$876.1M+16,769,469
Morgan Stanley50,025,165$868.9M-6,120,138
Tiger Global Management LLC36,467,972$633.4M+1,872,565
Massachusetts Institute of Technology29,130,611$506M+9,900,000
Assenagon Asset Management S.A.26,472,804$459.8M+9,355,221
Greenoaks LLC25,704,927$446.5M0
Geode Capital Management, LLC23,938,474$416M-939,847
Point72 Asset Management, L.P.22,407,576$389.2M+14,612,667
Goldman Sachs Group Inc20,448,594$355.2M+5,930,960
Norges Bank20,363,309$353.7Mnew
State Street Corp19,893,839$345.6M-833,794
Vanguard Capital Management LLC16,368,955$284.3M+158,044
Harris Associates L P14,296,823$248.3M+4,314,969
Holocene Advisors, LP14,135,375$245.5M-4,005,279
Kontiki Capital Management (HK) Ltd.13,050,169$226.7M+1,190,858
Abrams Capital Management, L.P.13,017,964$226.1M0

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

10 insiders reported holding 59,507,899 shares in total, about $845M at the last price.

HolderSharesAs of
Mehta NeilDirector 55,407,14155,310,977 held indirectly June 11, 2026
Anand GauravChief Financial Officer 2,392,730 April 1, 2026
Rogers HaroldSee Remarks 740,931 August 10, 2026
Sun BenjaminDirector 338,145 June 11, 2026
Lee Jonathan D.Chief Accounting Officer 176,396 October 2, 2026
Kolari PranamVP, Search and Recommendations 147,023 November 3, 2025
Child JasonDirector 98,844 June 11, 2026
Franceschi PedroDirector 93,573 June 11, 2026
Toubassy AmbereenDirector 69,947 June 11, 2026
Sharma AshaDirector 43,169 June 11, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about CPNG

What does Coupang, Inc. do?

Coupang, Inc. is a company in the Consumer discretionary sector, listed on NYSE as CPNG. Its shares trade on NYSE under the ticker CPNG.

What is Coupang, Inc.'s net worth?

Coupang, Inc. has a market value (market cap) of $25.5B at the latest share price, and shareholders' equity of $3B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Coupang, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $767M on revenue of $35.5B.

How much revenue does Coupang, Inc. make?

Over the twelve months to June 30, 2026 Coupang, Inc. reported revenue of $35.5B. That is 9.9% more than a year earlier.

When did Coupang, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 4, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 5, 2026.

When is Coupang, Inc.'s next earnings report?

Coupang, Inc.'s next report is expected around November 3, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Coupang, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.