Coupang Inc (CPNG) FinancialsCPNGCoupang Inc

Coupang, Inc. (CPNG) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Net retail sales, accounting for 76.2% of total sales, equivalent to $6.74B. Other significant revenue streams include Thir-party merchant services and Other revenue. Understanding this composition is critical for investors evaluating how CPNG navigates market cycles within the Department Stores industry.

Evaluating the bottom line, Coupang, Inc. maintains a gross margin of 28.16%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -6.28%, while the net margin is -6.44%. These profitability ratios, combined with a Return on Equity (ROE) of -19.99%, provide a clear picture of how effectively CPNG converts its operational activities into shareholder value.

In the context of the broader market, CPNG competes directly with industry leaders such as CHWY and ETSY. With a market capitalization of $25.15B, it holds a leading position in the sector. When comparing efficiency, CPNG's gross margin of 28.16% stands against CHWY's 30.36% and ETSY's 72.43%. Such benchmarking helps identify whether Coupang, Inc. is trading at a premium or discount relative to its financial performance.

Coupang's revenue for FY 2025 was approximately $34.5 billion, a 14.1% increase year-over-year, but it reported a net income of only $208 million, reflecting a net margin of just 0.6%.