Product Commerce — Total net revenues
Coupang Product Commerce — Total net revenues decreased by 3.1% to $7.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.5%, from $6.87B to $7.18B. Over 4 years (FY 2021 to FY 2025), Product Commerce — Total net revenues shows an upward trend with a 13.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing consumer demand and successful expansion of the core retail platform, while a decrease may signal market saturation or increased competitive pressure.
Detailed definition
This metric represents the total revenue generated by the core e-commerce business segment, including direct retail sale...
Peer comparison
Comparable to 'Retail Revenue' or 'E-commerce Segment Revenue' reported by major global online retailers.
cpng_segment_product_commerce_total_net_revenuesHistorical Data
| 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 | $4.33B | $4.48B | $4.93B | $4.94B | $4.88B | $4.95B | $5.19B | $5.66B | $5.68B | $5.97B | $6.29B | $6.49B | $6.43B | $6.89B | $6.88B | $6.87B | $7.33B | $7.98B | $7.41B | $7.18B |
| QoQ Change | — | +3.4% | +9.9% | +0.2% | -1.2% | +1.4% | +5.0% | +8.9% | +0.4% | +5.0% | +5.4% | +3.3% | -1.0% | +7.2% | -0.1% | -0.2% | +6.8% | +8.8% | -7.2% | -3.1% |
| YoY Change | — | — | — | — | +12.6% | +10.4% | +5.4% | +14.6% | +16.5% | +20.6% | +21.1% | +14.8% | +13.2% | +15.5% | +9.5% | +5.8% | +14.0% | +15.8% | +7.6% | +4.5% |
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Frequently Asked Questions
- What is Coupang's product commerce — total net revenues?
- Coupang (CPNG) reported product commerce — total net revenues of $7.18B in Q1 2026.
- How has Coupang's product commerce — total net revenues changed year-over-year?
- Coupang's product commerce — total net revenues increased by 4.5% year-over-year, from $6.87B to $7.18B.
- What is the long-term trend for Coupang's product commerce — total net revenues?
- Over 4 years (2021 to 2025), Coupang's product commerce — total net revenues has grown at a 13.5% compound annual growth rate (CAGR), from $17.84B to $29.59B.
- What does product commerce — total net revenues mean?
- The total sales generated by the company's main e-commerce and retail business segment.