What is Coupang's total cost of revenue?

Coupang (CPNG) reported total cost of revenue of $6.21B in Q1 2026.

How has Coupang's total cost of revenue changed year-over-year?

Coupang's total cost of revenue increased by 11.0% year-over-year, from $5.59B to $6.21B.

What is the long-term trend for Coupang's total cost of revenue?

Over 4 years (2021 to 2025), Coupang's total cost of revenue has grown at a 12.1% compound annual growth rate (CAGR), from $15.46B to $24.39B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Coupang CPNG Total Cost of Revenue

Total Cost of Revenue at other companies

AmazonAMZN

$87.46B+13.6%

Liquidity ServicesLQDT

$64.86M-5.9%

KRT

Karat PackagingKRT

$75.42M+20.0%

Maplebear Inc.CART

$281M+24.3%

CrossAmerica PartnersCAPL

$744.21M-3.7%

DoorDashDASH

$1.99B+32.8%

Segments

By segment

See full

Product Commerce$5B+6.0%

Developing Offerings$1.21B+38.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$184.0M-48.0%

CapEx$296.0M+23.8%

Free cash flow-$112.0M-197%

Valuation

See full

Market cap$31.56B-40.0%

Enterprise value$30.56B-39.0%

P/S0.9×-0.7×

Profitability

See full

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:CostOfGoodsAndServicesSold.

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

Ask your AI about Coupang's total cost of revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Coupang's total cost of revenue?: Coupang (CPNG) reported total cost of revenue of $6.21B in Q1 2026.
How has Coupang's total cost of revenue changed year-over-year?: Coupang's total cost of revenue increased by 11.0% year-over-year, from $5.59B to $6.21B.
What is the long-term trend for Coupang's total cost of revenue?: Over 4 years (2021 to 2025), Coupang's total cost of revenue has grown at a 12.1% compound annual growth rate (CAGR), from $15.46B to $24.39B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.