The financials
Coupang, Inc. by the numbers
Coupang, Inc. (CPNG) reported revenue of $8.86B in Q2 2026 (quarter ended June 30, 2026), up 3.9% from the same quarter a year earlier. That came with a gross margin of 28% and net loss of $570M. For the full year FY2025, revenue was $34.5B (+14% year on year) and net income $208M. Its largest product in 2026-Q2 was Product And Service Other at $2.11B, 50% of the disclosed total, just ahead of Third Party Merchant Services at 43%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $8.86B | $8.52B | +3.9% |
| Gross profit | $2.49B | $2.56B | −2.6% |
| Operating income | −$556M | $149M | to a loss |
| Net income | −$570M | $32M | to a loss |
| Diluted EPS | −$0.32 | $0.02 | to a loss |
| Product | Revenue | Share |
|---|---|---|
| Product And Service Other | $2.11B | 50% |
| Third Party Merchant Services | $1.83B | 43% |
| Service Other | $280M | 6.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $4.22B (+4.1%)
Service Other grew +6.9% year on yearThird Party Merchant Services +4.4% year on year
Segment Latestquarter on quarteryear on year
- Product And Service Other$2.11B$2.11BQoQ +4.1%year on year +4.7%+4.1%+4.7%
- Third Party Merchant Services$1.83B$1.83BQoQ +3.7%year on year +4.4%+3.7%+4.4%
- Service Other$280.0M$280.0MQoQ +7.3%year on year +6.9%+7.3%+6.9%
Internet Retail
Ranks #18 of 18 by Smart Score