Coupang CPNG Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total net revenues by Business | |||||
| Developing Offerings | $4.94B+38.5% | $3.57B+352% | $789M+25.6% | $628M+10.6% | |
| Product Commerce | $29.59B+10.8% | $26.7B+13.2% | $23.59B+18.2% | $19.96B+11.9% | |
| Gross Profit by Business | |||||
| Developing Offerings | $675M-7.0% | $726M+898% | -$91M-360% | $35M— | |
| Product Commerce | $9.47B+16.8% | $8.11B+29.0% | $6.28B+34.4% | $4.68B— | |
| Total other segment items by Business | |||||
| Developing Offerings | $1.67B+23.1% | $1.36B+262% | $375M— | —— | |
| Product Commerce | $6.98B+14.5% | $6.1B+28.6% | $4.74B— | —— | |
| Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation by Business | |||||
| Developing Offerings | -$995M-57.7% | -$631M-35.7% | -$465M-107% | -$225M+41.9% | |
| Product Commerce | $2.49B+23.9% | $2.01B+30.3% | $1.54B+154% | $606M+268% | |
| Cost of Sales by Business | |||||
| Developing Offerings | $4.27B+50.1% | $2.84B+223% | $880M+48.4% | $593M— | |
| Product Commerce | $20.13B+8.2% | $18.59B+7.4% | $17.31B+13.3% | $15.28B— | |
| Total net revenues by Product | |||||
| Other revenue | $1.11B+34.9% | $822M+40.8% | $584M+55.7% | $375M+68.2% | |
| Third-party merchant services | $7.11B+27.5% | $5.58B+117% | $2.58B+37.8% | $1.87B+10.3% |
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.
