Coupang Past Earnings Performance
Past criteria checks 4/6
Coupang has been growing earnings at an average annual rate of 55.9%, while the Multiline Retail industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 18% per year. Coupang's return on equity is 4.6%, and it has net margins of 0.6%.
Key information
55.88%
Earnings growth rate
92.47%
EPS growth rate
| Multiline Retail Industry Growth | 12.60% |
| Revenue growth rate | 17.96% |
| Return on equity | 4.63% |
| Net Margin | 0.60% |
| Last Earnings Update | 31 Dec 2025 |
Recent past performance updates
Recent updates
Coupang: Data Breach Costs Two Years
Feb 21Coupang, Inc. (NYSE:CPNG) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless
Feb 06
These 4 Measures Indicate That Coupang (NYSE:CPNG) Is Using Debt Safely
Jul 16Are Investors Undervaluing Coupang, Inc. (NYSE:CPNG) By 31%?
Jul 03Market Participants Recognise Coupang, Inc.'s (NYSE:CPNG) Revenues Pushing Shares 35% Higher
May 08Returns Are Gaining Momentum At Coupang (NYSE:CPNG)
Apr 19As The South Korean Market Crumbles, Coupang Is Worth Watching
Apr 12Is Coupang (NYSE:CPNG) A Risky Investment?
Apr 01Coupang Needs To Deliver Rapid Growth At Current Valuation
Feb 05CPNG Market Outlook
Naver:Naver is South Korea's largest search engine and one of the biggest competitors to Coupang in the e-commerce space. Naver operates a robust online shopping platform called Naver Shopping, whichCoupang's Emerging Opportunities: A Compelling Case For Investment
Dec 03Coupang Earnings: There's A Lot To Like Here
Nov 06Coupang: Growth In South Korea To Decelerate
Sep 03
Eco-Bag Initiative And Marketplace Expansion Drive Profit And Growth Amid Challenges
Coupang's eco-bag initiative and emphasis on marketplace and fulfillment logistics highlight a strategic focus on reducing costs and enhancing revenue through commissions.Coupang Earnings: Core And More, So Much Under The Hood
Aug 07Coupang: A Tepid Buy At Nosebleed Valuation
Jul 30Coupang Is An E-Commerce Bargain
Jul 11Coupang: Sell Options On This Compelling Value For A Robust Annualized Cash Yield
Jun 20Coupang: eCommerce Dominance With Room To Grow
May 13Revenue & Expenses Breakdown
How Coupang makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 34,534 | 208 | 9,643 | 0 |
| 30 Sep 25 | 33,664 | 390 | 9,244 | 0 |
| 30 Jun 25 | 32,263 | 365 | 8,838 | 0 |
| 31 Mar 25 | 31,062 | 256 | 8,614 | 0 |
| 31 Dec 24 | 30,268 | 154 | 8,327 | 0 |
| 30 Sep 24 | 28,864 | 1,031 | 7,680 | 0 |
| 30 Jun 24 | 27,182 | 1,052 | 7,007 | 0 |
| 31 Mar 24 | 25,696 | 1,274 | 6,235 | 0 |
| 31 Dec 23 | 24,383 | 1,360 | 5,717 | 0 |
| 30 Sep 23 | 23,149 | 429 | 5,363 | 0 |
| 30 Jun 23 | 22,066 | 429 | 5,041 | 0 |
| 31 Mar 23 | 21,267 | 208 | 4,886 | 0 |
| 31 Dec 22 | 20,583 | -92 | 4,822 | 0 |
| 30 Sep 22 | 20,333 | -599 | 4,828 | 0 |
| 30 Jun 22 | 19,876 | -1,014 | 4,741 | 0 |
| 31 Mar 22 | 19,316 | -1,457 | 4,556 | 0 |
| 31 Dec 21 | 18,406 | -1,543 | 4,307 | 0 |
| 30 Sep 21 | 17,133 | -1,220 | 3,886 | 0 |
| 30 Jun 21 | 15,625 | -1,069 | 3,499 | 0 |
| 31 Mar 21 | 13,761 | -711 | 2,998 | 0 |
| 31 Dec 20 | 11,967 | -556 | 2,502 | 0 |
| 31 Dec 19 | 6,273 | -768 | 1,675 | 0 |
| 31 Dec 18 | 4,054 | -1,098 | 1,258 | 0 |
Quality Earnings: CPNG has high quality earnings.
Growing Profit Margin: CPNG's current net profit margins (0.6%) are higher than last year (0.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CPNG has become profitable over the past 5 years, growing earnings by 55.9% per year.
Accelerating Growth: CPNG's earnings growth over the past year (35.1%) is below its 5-year average (55.9% per year).
Earnings vs Industry: CPNG earnings growth over the past year (35.1%) exceeded the Multiline Retail industry -1.6%.
Return on Equity
High ROE: CPNG's Return on Equity (4.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/12 22:30 |
| End of Day Share Price | 2026/03/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Coupang, Inc. is covered by 22 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zixiao Yang | Arete Research Services LLP |
| Jiong Shao | Barclays |
| Min-joo Kang | Bernstein |