Coupang, Inc.

NYSE•CPNG

CEO: Mr. Bom Suk Kim

板块: Consumer Cyclical

行业: Specialty Retail

上市日期: 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.

联系方式

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

206-333-3839

www.aboutcoupang.com

市值

$35.06B

市盈率 (TTM)

167.6

股息率

52周最高

$34.08

52周最低

$16.74

52周范围

14%

排名45Top 56.8%

3.6

F-Score

改良版 Piotroski 分析

基于 7 年期基本面

疲弱 • 3.6 / 9 分

评分区间 (0-9)

8-9: 价值优异

6-7: 基本面强劲

4-5: 整体稳健

0-3: 表现疲弱

数据范围: 2019-2025

财务仪表盘

Q4 2025 数据

营业收入

$8.84B+0.00%

近4季度走势

每股收益

-$0.01+0.00%

近4季度走势

自由现金流

-$303.03M+0.00%

近4季度走势

2025 Annual 财报亮点

核心亮点

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.

关注风险

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.

前瞻展望

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.

同行对比

营业收入 (TTM)

$187.27B

+1.2%

$185.02B

-1.3%

$181.57B

+12.5%

毛利率 (最新季度)

TCOM

81.7%

-0.7pp

HLT

76.4%

+2.6pp

EBAY

71.4%

-0.9pp

关键指标

股票代码	市值	市盈率 (TTM)	净资产收益率 (TTM)	负债率
GM	$69.90B	20.8	5.1%	46.3%
HLT	$69.35B	48.3	-30.2%	93.4%
ROST	$69.25B	31.7	36.3%	33.5%

长期趋势

近4季度

营业收入

净利润

经营现金流

4季度营收复合增长率

3.8%

温和增长

4季度净利润复合增长率

N/M

盈利状态转变

现金流稳定性

100%

现金流表现优异

深度研究

下次财报:2026年5月4日

每股收益:-

营业收入:-

财务数据

电话会议

财务报告

新闻

利润表

资产负债表

现金流量表

财务比率

变化率

利润表	过去12个月

无数据