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Coupang vs Insight Enterprises: revenue, profit, margins and growth compared

Coupang brought in $34.5B of revenue in fiscal 2025, Insight Enterprises $8.2B in fiscal 2025. Revenue changed by +14.1% at Coupang and -5.2% at Insight Enterprises on the year before, so Coupang grew faster. Coupang kept 0.6% of its revenue as net profit, Insight Enterprises 1.9%. Free cash flow was $522M at Coupang and $279.3M at Insight Enterprises.

Side by side, latest fiscal year

CPNGNSIT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$34.5B$8.2B
Revenue growth+14.1%-5.2%
Net income$208M$157.3M
Net margin0.6%1.9%
Free cash flow$522M$279.3M
Free cash flow margin1.5%3.4%
Earnings per share (diluted)$0.11$4.86
Cash$6.3B$358M
Debt$648M$1.4B
Price to earnings126.232.7
Market value$24.9B$4.7B
Dividend yieldn/an/a
Rank by revenue in sector#28 of 778 · Consumer discretionary#135 of 778 · Consumer discretionary

Over the years

Revenue
CPNG FY2019: $6.3BCPNG FY2021: $12BCPNG FY2021: $18.4BCPNG FY2022: $20.6BCPNG FY2023: $24.4BCPNG FY2024: $30.3BCPNG FY2025: $34.5BNSIT FY2018: $7.1BNSIT FY2019: $7.7BNSIT FY2020: $8.3BNSIT FY2021: $9.4BNSIT FY2022: $10.4BNSIT FY2023: $9.2BNSIT FY2024: $8.7BNSIT FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
CPNG $34.5BNSIT $8.2B
Net income
CPNG FY2019: -$696.9MCPNG FY2021: -$463.2MCPNG FY2021: -$1.5BCPNG FY2022: -$92MCPNG FY2023: $1.4BCPNG FY2024: $154MCPNG FY2025: $208MNSIT FY2018: $163.7MNSIT FY2019: $159.4MNSIT FY2020: $172.6MNSIT FY2021: $219.3MNSIT FY2022: $280.6MNSIT FY2023: $281.3MNSIT FY2024: $249.7MNSIT FY2025: $157.3MFY18FY19FY20FY21FY22FY23FY24FY25
CPNG $208MNSIT $157.3M
Net margin
CPNG FY2019: -11.1%CPNG FY2021: -3.9%CPNG FY2021: -8.4%CPNG FY2022: -0.4%CPNG FY2023: 5.6%CPNG FY2024: 0.5%CPNG FY2025: 0.6%NSIT FY2018: 2.3%NSIT FY2019: 2.1%NSIT FY2020: 2.1%NSIT FY2021: 2.3%NSIT FY2022: 2.7%NSIT FY2023: 3.1%NSIT FY2024: 2.9%NSIT FY2025: 1.9%FY18FY19FY20FY21FY22FY23FY24FY25
CPNG 0.6%NSIT 1.9%
Revenue growth
CPNG FY2021: +90.8%CPNG FY2021: +53.8%CPNG FY2022: +11.8%CPNG FY2023: +18.5%CPNG FY2024: +24.1%CPNG FY2025: +14.1%NSIT FY2019: +9.2%NSIT FY2020: +7.9%NSIT FY2021: +13.1%NSIT FY2022: +10.5%NSIT FY2023: -12.0%NSIT FY2024: -5.2%NSIT FY2025: -5.2%FY19FY20FY21FY22FY23FY24FY25
CPNG +14.1%NSIT -5.2%
Free cash flow
CPNG FY2019: -$529.7MCPNG FY2021: -$183.1MCPNG FY2021: -$1.1BCPNG FY2022: -$259MCPNG FY2023: $1.8BCPNG FY2024: $1BCPNG FY2025: $522MNSIT FY2018: $275.4MNSIT FY2019: $58.8MNSIT FY2020: $331.4MNSIT FY2021: $111.6MNSIT FY2022: $27.2MNSIT FY2023: $580.3MNSIT FY2024: $586.1MNSIT FY2025: $279.3MFY18FY19FY20FY21FY22FY23FY24FY25
CPNG $522MNSIT $279.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Coupang and Insight Enterprises

Which is bigger by revenue, Coupang or Insight Enterprises?

Coupang is bigger by revenue: $34.5B in fiscal 2025, against $8.2B for Insight Enterprises in fiscal 2025.

Which keeps more of its revenue as profit, Coupang or Insight Enterprises?

Coupang had a net margin of 0.6% in fiscal 2025; Insight Enterprises had 1.9% in fiscal 2025.

Which grew revenue faster, Coupang or Insight Enterprises?

In their latest fiscal years revenue changed by +14.1% at Coupang and -5.2% at Insight Enterprises.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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