Revenue
Total Revenue
Coupang Total Revenue decreased by 3.7% to $8.50B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $7.91B to $8.50B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 17.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
An increase indicates market expansion or higher demand, while a decrease may signal market saturation or competitive pressure.
Detailed definition
Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the com...
Peer comparison
Standard across all public companies; peers in the medical device and diagnostics sector typically show steady growth correlated with product adoption.
Metric ID:
total_revenueHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.48B | $4.64B | $5.08B | $5.12B | $5.04B | $5.10B | $5.33B | $5.80B | $5.84B | $6.18B | $6.56B | $7.11B | $7.32B | $7.87B | $7.97B | $7.91B | $8.52B | $9.27B | $8.84B | $8.50B |
| QoQ Change | — | +3.7% | +9.3% | +0.8% | -1.5% | +1.3% | +4.4% | +8.9% | +0.6% | +5.9% | +6.1% | +8.4% | +2.9% | +7.4% | +1.3% | -0.7% | +7.8% | +8.7% | -4.7% | -3.7% |
| YoY Change | — | — | — | — | +12.5% | +9.8% | +4.9% | +13.4% | +15.9% | +21.2% | +23.1% | +22.6% | +25.4% | +27.2% | +21.4% | +11.2% | +16.4% | +17.8% | +10.9% | +7.5% |
Range$4.48B – $9.27B
CAGR+14.5%
Avg YoY Growth+16.3%
Median YoY Growth+16.1%
Current Streak2 quarters decline
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Third-party merchant services | $1.37B | $1.50B | $1.66B | $1.56B | $1.76B | $1.89B | $1.90B | $1.77B |
| Other revenue | $170.00M | $227.00M | $253.00M | $258.00M | $262.00M | $293.00M | $296.00M | $261.00M |
| Total | $7.32B | $7.87B | $7.97B | $7.91B | $8.52B | $9.27B | $8.84B | $8.50B |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Product Commerce | $6.43B | $6.89B | $6.88B | $6.87B | $7.33B | $7.98B | $7.41B | $7.18B |
| Developing Offerings | $892.00M | $975.00M | $1.08B | $1.04B | $1.19B | $1.29B | $1.43B | $1.33B |
| Total | $7.32B | $7.87B | $7.97B | $7.91B | $8.52B | $9.27B | $8.84B | $8.50B |
Total Revenue at Other Companies
Frequently Asked Questions
- What is Coupang's total revenue?
- Coupang (CPNG) reported total revenue of $8.50B in Q1 2026.
- How has Coupang's total revenue changed year-over-year?
- Coupang's total revenue increased by 7.5% year-over-year, from $7.91B to $8.50B.
- What is the long-term trend for Coupang's total revenue?
- Over 4 years (2021 to 2025), Coupang's total revenue has grown at a 17.0% compound annual growth rate (CAGR), from $18.41B to $34.53B.
- What does total revenue mean?
- The total amount of money a company brings in from its primary business activities before any expenses.