Coupang (CPNG) Revenue & Revenue Breakdown
Coupang Revenue Highlights
Latest Revenue (Y)
$3.16B
Latest Revenue (Q)
$1.54B
Main Segment (Y)
Product
Coupang Revenue by Period
Coupang Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.16B | -84.65% |
| 2022-12-31 | $20.58B | 11.82% |
| 2021-12-31 | $18.41B | 53.81% |
| 2020-12-31 | $11.97B | 90.77% |
| 2019-12-31 | $6.27B | 54.76% |
| 2018-12-31 | $4.05B | - |
Coupang generated $3.16B in revenue during NA 2023, up -84.65% compared to the previous quarter, and up 77.96% compared to the same period a year ago.
Coupang Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.54B | -78.30% |
| 2024-03-31 | $7.11B | 8.43% |
| 2023-12-31 | $6.56B | 6.10% |
| 2023-09-30 | $6.18B | 5.92% |
| 2023-06-30 | $5.84B | 0.64% |
| 2023-03-31 | $5.80B | 8.89% |
| 2022-12-31 | $5.33B | 4.42% |
| 2022-09-30 | $5.10B | 1.26% |
| 2022-06-30 | $5.04B | -1.54% |
| 2022-03-31 | $5.12B | 0.79% |
| 2021-12-31 | $5.08B | 9.30% |
| 2021-09-30 | $4.64B | 3.72% |
| 2021-06-30 | $4.48B | 6.45% |
| 2021-03-31 | $4.21B | 10.61% |
| 2020-12-31 | $3.80B | 21.27% |
| 2020-09-30 | $3.14B | 19.99% |
| 2020-06-30 | $2.61B | 8.32% |
| 2020-03-31 | $2.41B | - |
Coupang generated $1.54B in revenue during Q2 2024, up -78.30% compared to the previous quarter, and up 26.62% compared to the same period a year ago.
Coupang Revenue Breakdown
Coupang Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Third-Party Merchant Services | $2.58B | $1.87B | $1.70B |
| Service, Other | $584.00M | $374.94M | $222.97M |
| Product | $21.22B | $18.34B | $16.49B |
Coupang's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (87.04%), Third-Party Merchant Services (10.56%), and Service, Other (2.40%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Third-Party Merchant Services | $1.05B | $843.76M | $708.51M | $562.76M | $460.98M | $454.73M | $447.87M | $475.55M | $491.35M | $463.62M | $450.63M | $430.23M | $350.93M |
| Service, Other | $172.00M | $154.09M | $160.36M | $134.79M | $134.75M | $111.53M | $113.07M | $81.10M | $69.23M | $63.78M | $56.94M | $53.38M | $48.88M |
| Product | $5.89B | $5.56B | $5.31B | $5.14B | $5.20B | $4.76B | $4.54B | $4.48B | $4.56B | $4.55B | $4.14B | $3.99B | $3.81B |
Coupang's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (82.86%), Third-Party Merchant Services (14.72%), and Service, Other (2.42%).
Coupang Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JD | JD | $1.08T | $260.05B |
| BABA | Alibaba Group | $941.17B | $221.87B |
| PDD | PDD | $247.64B | $86.81B |
| VIPS | Vipshop | $112.86B | $27.65B |
| MELI | MercadoLibre | $14.47B | $4.59B |
| SE | Sea | $13.08B | $3.73B |
| W | Wayfair | $12.00B | $3.12B |
| CHWY | Chewy | $11.15B | $2.86B |
| CPNG | Coupang | $3.16B | $1.54B |
| ETSY | Etsy | $2.75B | $647.81M |
| GLBE | Global-e Online | $569.95M | $145.87M |
| JMIA | Jumia | $186.40M | $45.31M |
CPNG Revenue FAQ
What is Coupang’s yearly revenue?
Coupang's yearly revenue for 2023 was $3.16B, representing a decrease of -84.65% compared to 2022. The company's yearly revenue for 2022 was $20.58B, representing an increase of 11.82% compared to 2021. CPNG's yearly revenue for 2021 was $18.41B, representing an increase of 53.81% compared to 2020.
What is Coupang’s quarterly revenue?
Coupang's quarterly revenue for Q2 2024 was $1.54B, a -78.30% decrease from the previous quarter (Q1 2024), and a -73.55% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $7.11B, a 8.43% increase from the previous quarter (Q4 2023), and a 22.64% increase year-over-year (Q1 2023). CPNG's quarterly revenue for Q4 2023 was $6.56B, a 6.10% increase from the previous quarter (Q3 2023), and a 23.17% increase year-over-year (Q4 2022).
What is Coupang’s revenue growth rate?
Coupang's revenue growth rate for the last 3 years (2021-2023) was -82.83%, and for the last 5 years (2019-2023) was -49.63%.
What are Coupang’s revenue streams?
Coupang's revenue streams in c 23 are Third-Party Merchant Services, Service, Other, and Product. Third-Party Merchant Services generated $2.58B in revenue, accounting 10.56% of the company's total revenue, up 37.79% year-over-year. Service, Other generated $584M in revenue, accounting 2.40% of the company's total revenue, up 55.76% year-over-year. Product generated $21.22B in revenue, accounting 87.04% of the company's total revenue, up 15.73% year-over-year.
What is Coupang’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Coupang was Product. This segment made a revenue of $21.22B, representing 87.04% of the company's total revenue.