Coupang, Inc. revenue by segment CPNG

Annual Quarterly

Coupang, Inc. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Product at $26.3 billion, 76% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021
Revenue	36,157	34,534	30,268	24,383	20,583	18,406
Product	27,482 +6.8% share 76.0%	26,312 +10.2% share 76.2%	23,866 +12.5% share 78.8%	21,223 +15.7% share 87.0%	18,338 +11.2% share 89.1%	16,488 share 89.6%
Third Party Merchant Services	7,532 +9.6% share 20.8%	7,113 +27.5% share 20.6%	5,580 +116.6% share 18.4%	2,576 +37.8% share 10.6%	1,870 +10.3% share 9.1%	1,695 share 9.2%
Other services	1,143 +7.2% share 3.2%	1,109 +34.9% share 3.2%	822 +40.8% share 2.7%	584 +55.7% share 2.4%	375 +68.2% share 1.8%	223 share 1.2%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Retail-Catalog & Mail-Order Houses (SIC 5961)
Listed as: CPNG (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Seattle, WA
SEC filer status: Large accelerated filer
SEC CIK: 1834584

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.