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Coupang CPNG Other revenue — Total net revenues

Other product segments

Third-party merchant services
$1.77B+13.1%

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Other financials

Income statement

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Revenue$8.5B+7.5%
Gross profit$2.3B-0.8%
Operating income-$242.0M-257%
Net income-$266.0M-349%
EPS (diluted)-$0.15-350%

Balance sheet

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Cash & equivalents$6.4B+3.1%
Total debt$5.4B+32.3%
Total equity$3.9B-10.2%
Total assets$17.4B+8.8%

Cash flow

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Operating cash flow$184.0M-48.0%
CapEx$296.0M+23.8%
Free cash flow-$112.0M-197%

Valuation

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Market cap$31.56B-40.0%
Enterprise value$30.56B-39.0%
P/S0.9×-0.7×

Profitability

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Gross margin28.8%-0.9pp
Operating margin0.2%-1.6pp
Net margin1.2%-2.4pp
FCF margin3.7%+0.4pp

Returns & leverage

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Return on equity8.7%-20.2pp
Debt / equity1.4×+0.4×
Current ratio-0.2×

Where this comes from

Reported directly by Coupang in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Coupang’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coupang's other revenue — total net revenues?
Coupang (CPNG) reported other revenue — total net revenues of $261M in Q1 2026.
How has Coupang's other revenue — total net revenues changed year-over-year?
Coupang's other revenue — total net revenues increased by 1.2% year-over-year, from $258M to $261M.
What is the long-term trend for Coupang's other revenue — total net revenues?
Over 4 years (2021 to 2025), Coupang's other revenue — total net revenues has grown at a 49.3% compound annual growth rate (CAGR), from $223M to $1.11B.
What does other revenue — total net revenues mean?
This metric represents the total net revenue generated from business segments outside of the company's core retail and marketplace operations. It typically encompasses ancillary services, specialized offerings, or emerging business lines that are distinct from the primary e-commerce retail activities. Tracking this revenue stream provides insight into the company's ability to diversify its income sources and scale new business ventures beyond its foundational commerce platform.