Superworth

Coupang CPNG

Specialty Retail, Consumer Cyclical
$13.90
−0.64%
Market cap
$25B
PE
n/m
a loss over the last year
Forward PE
139×
6y median 117×
Price to sales
0.7×
EV/EBIT
n/m
a loss over the last year
Revenue, 12 months
$35.5B
+10% on a year ago
Net margin
−2.2%
Free cash flow yield
0.4%

Coupang trades at 0.7× sales. Its trailing earnings are negative, so it has no PE. Revenue was $35.5B over the last twelve months, up 10% on a year earlier with a −2% net margin.

Charts

Financials

Income statement for CPNG, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$6.2B+21%$6.6B+23%$7.1B+23%$7.3B+25%$7.9B+27%$8B+21%$7.9B+11%$8.5B+16%$9.3B+18%$8.8B+11%$8.5B+8%$8.9B+4%
Cost of revenue$4.6B+19%$4.9B+21%$5.2B+18%$5.2B+20%$5.6B+21%$5.5B+12%$5.6B+8%$6B+15%$6.5B+17%$6.3B+15%$6.2B+11%$6.4B+7%
Gross profit$1.6B+27%$1.7B+31%$1.9B+36%$2.1B+41%$2.3B+45%$2.5B+48%$2.3B+20%$2.6B+20%$2.7B+20%$2.5B+2%$2.3B−1%$2.5B−3%
SG&A$1.5B+28%$1.5B+30%$1.9B+44%$2.2B+58%$2.2B+46%$2.2B+41%$2.2B+15%$2.4B+11%$2.6B+18%$2.5B+16%$2.5B+17%$3B+27%
$88M+14%$131.1M+57%$40M−63%−$25M$109M+24%$312M+138%$154M+285%$149M$162M+49%$8M−97%−$242M−$556M
Interest expense$13.3M+105%$13.6M+90%$27M+226%$37M+189%$36M+171%$40M+194%$23M−15%$25M−32%$22M−39%$16M−60%$13M−44%$25M+0%
Pre-tax income$116.7M+20%$172.3M+84%$59M−52%$3M−98%$132M+13%$279M+62%$216M+266%$194M+6367%$165M+25%$22M−92%−$255M−$533M
$26M+278%−$861M+9993%$83M+152%$108M+315%$68M+162%$148M$102M+23%$163M+51%$70M+3%$48M−68%$11M−89%$37M−77%
Net income$91.3M+1%$1B+912%$5M−95%−$77M$70M−23%$156M−85%$107M+2040%$32M$95M+36%−$26M−$266M−$570M
$0.05+0%$0.57+850%$0.00−$0.04$0.04−20%$0.09−84%$0.06$0.02$0.05+25%−$0.01−$0.15−$0.32
1.8B+1%1.8B+2%1.8B+1%1.8B−1%1.8B+1%1.8B+1%1.8B+1%1.9B+4%1.9B+2%1.8B−0%1.8B−1%1.8B−3%

Gross profit: 26 periods, Q1 FY20 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 6 periods, Q4 FY20 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 3 periods, Q4 FY20 to Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY22 and Q4 FY23: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY24: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$9.8B$9.7B to $9.8B−$0.09−$0.10 to −$0.092
Q4 FY26$10.1B$9.9B to $10.3B$0.05−$0.01 to $0.101
Q1 FY27$9.9B$9.7B to $10.2B$0.05$0.05 to $0.051
Q2 FY27$10.5B$10.2B to $10.7B$0.10$0.09 to $0.101
Q3 FY27$11.1B$10.8B to $11.3B$0.11$0.11 to $0.121
Q4 FY27$11.4B$11.1B to $11.7B$0.12$0.12 to $0.131
Q1 FY28$11B$10.7B to $11.3B$0.16$0.15 to $0.161
Q2 FY28$11.7B$11.3B to $11.9B$0.17$0.17 to $0.181

Peers

Companies in Specialty Retail nearest Coupang's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
CPNGCoupang$25Bn/m77.1×139×0.7×+10%−2.2%
CASYCasey's General Stores$25.8B33.7×23.9×32.9×1.4×+14%4.1%
ULTAUlta Beauty$26.7B22.8×23.0×20.4×2.1×+11%9.3%
WSMWilliams-Sonoma$29.7B25.8×15.9×25.5×3.7×+2%14.7%
BBYBest Buy$20.9B16.6×14.5×n/m0.5×+1%3.0%
TSCOTractor Supply$17.4B17.4×23.3×n/m1.1×+4%6.4%
DKSDick's Sporting Goods$12.9B15.5×12.6×n/m0.6×+54%4.0%
GMEGameStop$12.5B16.3×29.1×n/m3.5×−8%25.2%
AZOAutoZone$52.3B22.0×19.2×18.9×2.6×+6%12.4%
EBAYeBay$54B25.1×16.3×19.4×4.5×+15%18.5%
CHWYChewy$8.8B33.2×53.0×n/m0.7×+6%2.1%
Peer median$23.4B22.4×21.1×20.4×1.7×+6%7.9%

Investors who own it

Investors we follow who held Coupang at the end of Jun 30, 2026, from their 13F filings.

More on Coupang

Each number over time

Where it ranks

Its groups

About

Industry
Specialty Retail
Sector
Consumer Cyclical

Valuation data, not investment advice. Prices as of .