Coupang, Inc. revenue
Coupang, Inc.'s revenue was $34.53bn in fiscal 2025, up 14.1% on the year before. Since fiscal 2019 ($6.27bn) it has grown at a compound 32.9% a year. Over the last twelve months it was $35.46bn.
Revenue history
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.3 | 12.0 | 18.4 | 20.6 | 24.4 | 30.3 | 34.5 | 35.5 |
| Growth on the year before | — | +90.8% | +53.8% | +11.8% | +18.5% | +24.1% | +14.1% | — |
| Gross profit | 1.0 | 2.0 | 3.0 | 4.7 | 6.2 | 8.8 | 10.1 | 10.1 |
| Gross margin | 16.5% | 16.6% | 16.0% | 22.9% | 25.4% | 29.2% | 29.4% | 28.4% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Products | $26.3B | 76.2% | ▲ 10.2% |
| Other | $8.2B | 23.8% | ▲ 28.4% |
| Third Party Merchant Services (part of Other) | $7.1B | 86.5% | ▲ 27.5% |
| Other services (part of Other) | $1.1B | 13.5% | ▲ 34.9% |
From Coupang, Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Coupang, Inc. | $35.46bn | 9.9% | 17.1% |
| Macy's, Inc. | $22.78bn | 0.3% | -2.4% |
| PDD Holdings Inc. | $60.09bn | 9.8% | — |
| Kohls Corp | $15.43bn | -2.9% | -4.6% |
| Vipshop Holdings Ltd | $14.74bn | -2.2% | 105.6% |
| eBay Inc. | $12.39bn | 15.7% | 7.2% |
Compare with peers
- Macy's, Inc. revenue
- PDD Holdings Inc. revenue
- Kohls Corp revenue
- Vipshop Holdings Ltd revenue
- eBay Inc. revenue
Head to head: CPNG vs MCPNG vs PDDCPNG vs KSS
More: Broadline Retail stocks compared, Consumer Discretionary sector, rankings of US companies