What is Coupang's PP&E (net)?

Coupang (CPNG) reported PP&E (net) of $3.63B in Q1 2026.

How has Coupang's PP&E (net) changed year-over-year?

Coupang's PP&E (net) increased by 23.0% year-over-year, from $2.95B to $3.63B.

What is the long-term trend for Coupang's PP&E (net)?

Over 5 years (2020 to 2025), Coupang's PP&E (net) has grown at a 29.6% compound annual growth rate (CAGR), from $1.02B to $3.72B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Coupang CPNG PP&E (Net)

PP&E (Net) at other companies

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$446.05B+49.9%

Hour Loop, Inc.HOUR

$87.67K+105%

Liquidity ServicesLQDT

$18.89M+4.2%

KRT

Karat PackagingKRT

$78.82M-8.5%

Rocket CompaniesRKT

$273M+34.5%

ARKO Corp.ARKO

$750.62M+0.8%

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$27.72B-48.8%

Enterprise value$26.72B-48.3%

P/S0.8×-0.9×

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

See full

Return on equity8.7%-20.2pp

Debt / equity1.4×+0.4×

Current ratio1×-0.2×

Where this comes from

Reported directly by Coupang in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Coupang (CPNG) reported PP&E (net) of $3.63B in Q1 2026.
How has Coupang's PP&E (net) changed year-over-year?: Coupang's PP&E (net) increased by 23.0% year-over-year, from $2.95B to $3.63B.
What is the long-term trend for Coupang's PP&E (net)?: Over 5 years (2020 to 2025), Coupang's PP&E (net) has grown at a 29.6% compound annual growth rate (CAGR), from $1.02B to $3.72B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.