Cost of revenue · 2019–2025

Coupang cost of revenue

$24.4B+13.8% · FY2025

Coupang (CPNG) reported $24.4B in cost of revenue for fiscal 2025, +13.8% year on year.

$5.2B2019$10.0B2020$15.5B2021$15.9B2022$18.2B2023$21.4B2024$24.4B2025
Coupang — Cost of revenue, 2019–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$24.4B+13.8%Open →
FY20242024-12-31$21.4B+17.8%Open →
FY20232023-12-31$18.2B+14.6%Open →
FY20222022-12-31$15.9B+2.7%Open →
FY20212021-12-31$15.5B+54.8%Open →
FY20202020-12-31$10.0B+90.5%Open →
FY20192019-12-31$5.2B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth +29.2%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Coupang cost of revenue |url=https://companiesranked.com/en/company/coupang/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Coupang cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/coupang/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-coupang-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Coupang cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/coupang/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001834584-26-000024 · February 26, 2026

{{cite web |title=Coupang cost of revenue — 10-K (0001834584-26-000024) |url=https://www.sec.gov/Archives/edgar/data/1834584/000183458426000024/cpng-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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