Income StatementBalance SheetCash FlowSegments
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Coupang Cash Flow Statement

Operating, investing, and financing cash movements

Coupang generated $1.6B in operating cash flow over the trailing twelve months. After $1.3B in capital expenditures, free cash flow was $688.0M. Free cash flow decreased 0.3% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$1.6BNet Cash From Investing (TTM)-$1.3BNet Cash From Financing (TTM)$85.0MCapital Expenditures (TTM)$1.3BDepreciation And Amortization Cf (TTM)$538.0MNet Change In Cash (TTM)$1.4B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$28.2B
ROE-0.77%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other non-cash income (expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Other non-cash income (expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Other non-cash income (expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Change in accounts payable$197.0M$111.0M$259.0M$565.0M—$53.0M
Change in accounts receivable-$93.0M$80.0M$0.0-$89.0M-$28.0M$8.0M
Change in accrued liabilities$28.0M-$93.0M$38.0M$46.0M$58.0M-$97.0M
Change in inventories$142.0M$18.0M$92.0M$298.0M—-$128.0M
Change in other assets—$111.0M$165.0M$129.0M$112.0M$41.0M
Change in other liabilities-$124.0M$4.0M-$45.0M-$83.0M-$159.0M-$130.0M
Other working capital changes-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Deferred income taxes$83.0M$11.0M$12.0M-$27.0M$41.0M-$28.0M
Depreciation and amortization$120.0M$122.0M$126.0M$133.0M$136.0M$143.0M
Pension and Other Postretirement Benefits Expense Reversal$49.0M$56.0M$59.0M$62.0M$69.0M$67.0M
Other Non-Cash Income (Expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Other Non-cash Income (Expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Other Non-cash Income (Expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Net cash from operating activities$676.0M$354.0M$545.0M$792.0M$82.0M$184.0M
Other non-cash income (expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Increase (Decrease) in Other Operating Assets—$111.0M$165.0M$129.0M$112.0M$41.0M
FC Fire insurance gain$175.0M$0.0$0.0$0.0$0.0—
Non-cash operating lease expense$107.0M$116.0M$121.0M$132.0M$138.0M$143.0M
Operating lease right-of-use asset amortization$107.0M$116.0M$121.0M$132.0M$138.0M$143.0M
Other Noncash Income (Expense)-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Pension and other postretirement income$49.0M$56.0M$59.0M$62.0M$69.0M$67.0M
Other Non-cash Income and Expense-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Other Non-Cash Adjustments-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Other Non-Cash Income and Expense-$75.0M-$1.0M-$88.0M-$89.0M-$31.0M-$98.0M
Stock-based compensation$122.0M$121.0M$113.0M$118.0M$123.0M$122.0M
Postretirement benefits expense in excess of (less than) net payments$49.0M$56.0M$59.0M$62.0M$69.0M$67.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$214.0M$239.0M$299.0M$353.0M$360.0M$296.0M
Payment for (Proceeds from) Other Investing Activity—-$25.0M$1.0M$16.0M$16.0M$8.0M
Proceeds from disposals of property, plant and equipment$1.0M$1.0M$1.0M$3.0M$0.0$2.0M
Net cash from investing activities-$141.0M-$213.0M-$299.0M-$366.0M-$376.0M-$302.0M
Other investing activities—-$25.0M$1.0M$16.0M$16.0M$8.0M
Proceeds from sale of property, plant and equipment$1.0M$1.0M$1.0M$3.0M$0.0$2.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$432.0M$295.0M$486.0M$1.4B$718.0M$1.9B
Repayments of debt$411.0M$267.0M$382.0M$1.2B$1.1B$1.2B
Proceeds from issuances of debt$432.0M$295.0M$486.0M$1.4B$718.0M$1.9B
Proceeds from exercises of stock options and other stock issuances$1.0M$0.0$3.0M$1.0M$1.0M$1.0M
Other, net$0.0-$12.0M-$15.0M-$1.0M$0.0$0.0
Repayments of Debt$411.0M$267.0M$382.0M$1.2B$1.1B$1.2B
Payment of Deferred Purchase Consideration$0.0-$12.0M-$15.0M-$1.0M$0.0$0.0
Noncontrolling interest transactions and other$0.0-$12.0M-$15.0M-$1.0M$0.0$0.0
Net cash from financing activities—$16.0M$92.0M$152.0M-$507.0M$348.0M
Other financing activities$0.0-$12.0M-$15.0M-$1.0M$0.0$0.0
Noncontrolling Interests Activity and Other$0.0-$12.0M-$15.0M-$1.0M$0.0$0.0
Proceeds from issuance of common stock$1.0M$0.0$3.0M$1.0M$1.0M$1.0M
Repurchases of common stock$44.5M$0.0$0.0$81.0M$162.0M$391.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$462.0M$115.0M$246.0M$439.0M—-$112.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$486.0M$12.0M$351.0M-$143.0M—-$251.0M
Net increase (decrease) in cash$69.0M$169.0M$689.0M$435.0M—-$21.0M