Coupang CPNG Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total net revenues by Business | ||||||
| Developing Offerings | $1.33B-6.9% | $1.43B+10.9% | $1.29B+8.2% | $1.19B+14.6% | $1.04B-4.1% | |
| Product Commerce | $7.18B-3.1% | $7.41B-7.2% | $7.98B+8.8% | $7.33B+6.8% | $6.87B-0.2% | |
| Total net revenues by Product | ||||||
| Other revenue | $261M-11.8% | $296M+1.0% | $293M+11.8% | $262M+1.6% | $258M+2.0% | |
| Third-party merchant services | $1.77B-7.1% | $1.9B+0.5% | $1.89B+7.9% | $1.76B+12.4% | $1.56B-5.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Coupang break its business down?
- Coupang (CPNG) reports total net revenues by business across 2 parts — Developing Offerings and Product Commerce. Each is extracted from the segment footnotes and tracked over time.
- Where does Coupang's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Coupang's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
