Coupang (CPNG) Revenue & Revenue Breakdown
Coupang Revenue Highlights
Latest Revenue (Y)
$8.22B
Latest Revenue (Q)
$9.27B
Main Segment (Y)
Product
Coupang Revenue by Period
Coupang Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $8.22B | -72.84% |
| 2024-12-31 | $30.27B | 24.14% |
| 2023-12-31 | $24.38B | 18.46% |
| 2022-12-31 | $20.58B | 11.83% |
| 2021-12-31 | $18.41B | 53.80% |
| 2020-12-31 | $11.97B | 90.77% |
| 2019-12-31 | $6.27B | 54.76% |
| 2018-12-31 | $4.05B | - |
Coupang generated $8.22B in revenue during NA 2025, up -72.84% compared to the previous quarter, and up 68.70% compared to the same period a year ago.
Coupang Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-09-30 | $9.27B | 8.72% |
| 2025-06-30 | $8.52B | 7.79% |
| 2025-03-31 | $7.91B | -0.72% |
| 2024-12-31 | $7.96B | 1.26% |
| 2024-09-30 | $7.87B | 7.41% |
| 2024-06-30 | $7.32B | 2.94% |
| 2024-03-31 | $7.11B | 8.45% |
| 2023-12-31 | $6.56B | 6.08% |
| 2023-09-30 | $6.18B | 5.93% |
| 2023-06-30 | $5.84B | 0.64% |
| 2023-03-31 | $5.80B | 8.89% |
| 2022-12-31 | $5.33B | 4.43% |
| 2022-09-30 | $5.10B | 1.26% |
| 2022-06-30 | $5.04B | -1.54% |
| 2022-03-31 | $5.12B | 0.79% |
| 2021-12-31 | $5.08B | 9.30% |
| 2021-09-30 | $4.64B | 3.72% |
| 2021-06-30 | $4.48B | 6.45% |
| 2021-03-31 | $4.21B | 10.61% |
| 2020-12-31 | $3.80B | 21.27% |
| 2020-09-30 | $3.14B | 19.99% |
| 2020-06-30 | $2.61B | 8.32% |
| 2020-03-31 | $2.41B | - |
Coupang generated $9.27B in revenue during Q3 2025, up 8.72% compared to the previous quarter, and up 126.55% compared to the same period a year ago.
Coupang Revenue Breakdown
Coupang Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Third-Party Merchant Services | $7.11B | $5.58B | $2.58B | $1.87B | $1.70B |
| Product | $26.31B | $23.87B | $21.22B | $18.34B | $16.49B |
| Service, Other | $1.11B | $822.00M | $584.00M | $374.94M | $222.97M |
Latest
Coupang's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (76.19%), Third-Party Merchant Services (20.60%), and Service, Other (3.21%).
Quarterly Revenue by Product
| Product/Service | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Third-Party Merchant Services | $1.90B | $1.89B | $1.75B | $1.56B | $3.03B | $1.50B | $1.05B | $843.76M | $708.51M | $562.76M | $460.98M | $454.73M | $447.87M | $475.55M | $491.35M | $463.62M | $450.63M | $430.23M | $350.93M |
| Service, Other | $296.00M | $293.00M | $262.00M | $258.00M | $423.00M | $227.00M | $172.00M | $154.09M | $160.36M | $134.79M | $134.75M | $111.53M | $113.07M | $81.10M | $69.23M | $63.78M | $56.94M | $53.38M | $48.88M |
| Product | $6.64B | $7.08B | $6.51B | $6.09B | $11.83B | $6.14B | $5.89B | $5.56B | $5.31B | $5.14B | $5.20B | $4.76B | $4.54B | $4.48B | $4.56B | $4.55B | $4.14B | $3.99B | $3.81B |
Latest
Coupang's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Product (75.11%), Third-Party Merchant Services (21.54%), and Service, Other (3.35%).
Coupang Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JD | JD | $1.08T | $260.05B |
| F | Ford Motor | $187.27B | $50.53B |
| GM | General Motors | $185.02B | $45.05B |
| TCOM | Trip.com Group | $44.51B | $15.87B |
| ROST | Ross Stores | $21.13B | $5.60B |
| CVNA | Carvana | $20.32B | $5.65B |
| AZO | AutoZone | $18.94B | $4.63B |
| HLT | Hilton Worldwide | $12.04B | $3.12B |
| EBAY | eBay | $11.10B | $2.82B |
| CPNG | Coupang | $8.22B | $9.27B |
| RACE | Ferrari | $5.97B | $1.58B |