Coupang, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
CPNG$16.42+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
Table of Contents
CONSOLIDATED STATEMENTS OF OPERATIONS
| (in millions, except per share amounts) | 2025 | 2024 | 2023 |
|---|---|---|---|
| Net retail sales | $26,312 | $23,866 | $21,223 |
| Net other revenue | 8,222 | 6,402 | 3,160 |
| Total net revenues | 34,534 | 30,268 | 24,383 |
| Cost of sales | 24,393 | 21,437 | 18,193 |
| Operating, general and administrative | 9,668 | 8,395 | 5,717 |
| Total operating cost and expenses | 34,061 | 29,832 | 23,910 |
| Operating income | 473 | 436 | 473 |
| Interest income | 199 | 216 | 178 |
| Interest expense | (86) | (140) | (48) |
| Other income (expense), net | 11 | (39) | (19) |
| Income before income taxes | 597 | 473 | 584 |
| Income tax expense (benefit) | 383 | 407 | (776) |
| Net income | $214 | $66 | $1,360 |
| Net income (loss) attributable to noncontrolling interests | 6 | (88) | — |
| Net income attributable to Coupang stockholders | $208 | $154 | $1,360 |
| Earnings per share | |||
| Basic | $0.11 | $0.09 | $0.76 |
| Diluted | $0.11 | $0.08 | $0.75 |
| Weighted average shares outstanding | |||
| Basic | 1,818 | 1,794 | 1,782 |
| Diluted | 1,855 | 1,826 | 1,803 |
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