Coupang, Inc.

NYSE•CPNG

CEO: Mr. Bom Suk Kim

Sector: Consumer Cyclical

Industry: Specialty Retail

Listing Date: 2021-03-11

Coupang, Inc., together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea. The company operates through Product Commerce and Developing Offerings segments. It sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. In addition, the company offers Rocket Fresh, which offers fresh groceries; Coupang Eats, a restaurant ordering and delivery services; and Coupang Play, an online content streaming services, as well as advertising products. It also performs operations and support services in the United States, South Korea, Taiwan, Singapore, China, Japan, and India. Coupang, Inc. was incorporated in 2010 and is headquartered in Seattle, Washington.

Contact Information

720 Olive Way, Suite 600, Seattle, WA, 98101, United States

206-333-3839

www.aboutcoupang.com

Market Cap

$34.32B

P/E (TTM)

164.1

36.5

Dividend Yield

52W High

$34.08

52W Low

$16.74

52W Range

12%

Rank45Top 56.8%

3.6

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Weak • 3.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$8.84B+0.00%

4-Quarter Trend

EPS

-$0.01+0.00%

4-Quarter Trend

FCF

-$303.03M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Growth Strong Total net revenues reached $34.53B, increasing 14% reported and 18% constant currency across segments.

Net Income Jumps Significantly Net income attributable to stockholders was $208M, marking a substantial 224% increase compared to 2024 results.

Product Commerce Profitability Rises Product Commerce segment adjusted EBITDA grew 24% to $2.49B, driven by increased customer engagement and FLC revenue.

Share Repurchase Program Active Board authorized up to $1B repurchase; $243M spent buying back 8.8M Class A shares during 2025.

Risk Factors

Data Incident Financial Impact Nov 2025 data incident resulted in $1.2B voucher compensation program, potentially reducing near-term profitability and growth.

Korean Regulatory Scrutiny High Operations face intense scrutiny from Korean regulators, including KFTC investigations and potential executive criminal liability risks.

Developing Offerings Loss Widens Developing Offerings segment adjusted EBITDA loss increased 58% to $(995)M due to increased investments in new initiatives.

Free Cash Flow Declines Free cash flow dropped 48% to $527M, primarily driven by increased investing activities for infrastructure expansion.

Outlook

Continued Growth Investment Focus Expect significant investment in Developing Offerings, new geographies, and expanding fulfillment/logistics infrastructure over next two years.

Manage Post-Farfetch Integration Continue restructuring Farfetch operations; future success depends on realizing anticipated synergies and managing integration risks.

Maintain Profitability Trajectory Plan to continue growth spending while managing costs to sustain or increase profitability in future periods.

Evolving Regulatory Compliance Must adapt to evolving laws globally, especially concerning AI, data privacy, and complex Korean labor/trade regulations.

Peer Comparison

Revenue (TTM)

$187.27B

+1.2%

$185.02B

-1.3%

$181.57B

+12.5%

Gross Margin (Latest Quarter)

TCOM

81.7%

-0.7pp

HLT

76.4%

+2.6pp

EBAY

71.4%

-0.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
GM	$69.77B	20.8	5.1%	46.3%
ROST	$69.23B	31.7	36.3%	33.5%
HLT	$69.00B	48.1	-30.2%	93.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

3.8%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 4, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data