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Coupang, Inc.

CPNGConsumer CyclicalNASDAQ

Internet Retail · Last scanned May 29, 2026

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Financials · Annual
Revenue
$34.53B
+14.1% YoY
Net Income
$208.0M
+35.1% YoY
EBITDA
$1.20B
+14.7% YoY
Free Cash Flow
$242.3M

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About Coupang, Inc.

Coupang, Inc., together with its subsidiaries, owns and operates retail business through its mobile applications and internet websites in South Korea and internationally. At a $29.08B market cap, Coupang, Inc. ranks as a large-cap company within consumer cyclical. It operates through Product Commerce and Developing Offerings segments.

Key stats
Market Cap$29.08B
Fwd P/E50.20
EPS$-0.10
Beta1.20
52W Change-42.3%
ROE-4.0%
Analysis

Coupang, Inc. holds $6.30B in cash against $5.40B in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $242.2M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of -4.0% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $20.58B (2022) to $34.53B (2025), reflecting a 68% increase over the period.

As with any equity investment, CPNG carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. No single metric tells the full story. Reviewing CPNG's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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