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Coupang (CPNG) Revenue & Revenue Breakdown

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Coupang Revenue Highlights

Latest Revenue (Y)

$3.16B

Latest Revenue (Q)

$-9.95B

Main Segment (Y)

Product

Coupang Revenue by Period

Coupang Revenue by Year

DateRevenueChange
2023-12-31$3.16B-84.65%
2022-12-31$20.58B11.82%
2021-12-31$18.41B53.81%
2020-12-31$11.97B90.77%
2019-12-31$6.27B54.76%
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

DateRevenueChange
2024-09-30$-9.95B-235.85%
2024-06-30$7.32B2.94%
2024-03-31$7.11B8.43%
2023-12-31$6.56B6.10%
2023-09-30$6.18B5.92%
2023-06-30$5.84B0.64%
2023-03-31$5.80B8.89%
2022-12-31$5.33B4.42%
2022-09-30$5.10B1.26%
2022-06-30$5.04B-1.54%
2022-03-31$5.12B0.79%
2021-12-31$5.08B9.30%
2021-09-30$4.64B3.72%
2021-06-30$4.48B6.45%
2021-03-31$4.21B10.61%
2020-12-31$3.80B21.27%
2020-09-30$3.14B19.99%
2020-06-30$2.61B8.32%
2020-03-31$2.41B-

Coupang generated $-9.95B in revenue during Q3 2024, up -235.85% compared to the previous quarter, and up -170.40% compared to the same period a year ago.

Coupang Revenue Breakdown

Coupang Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Product$6.14B$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
Service, Other$227.00M$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
Third-Party Merchant Services$1.50B$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

Coupang's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (78.06%), Third-Party Merchant Services (19.06%), and Service, Other (2.89%).

Coupang Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
JDJD$1.08T$260.05B
BABAAlibaba Group$941.17B$221.87B
PDDPDD$247.64B$86.81B
VIPSVipshop$112.86B$27.65B
MELIMercadoLibre$14.47B$4.76B
SESea$13.06B$4.33B
WWayfair$12.00B$2.88B
CHWYChewy$11.15B$2.88B
CPNGCoupang$3.16B$-9.95B
ETSYEtsy$2.75B$662.41M
GLBEGlobal-e Online$569.95M$145.87M
JMIAJumia$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 Q3 2024 was $-9.948B, a -235.85% decrease from the previous quarter (Q2 2024), and a -260.88% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $7.32B, a 2.94% increase from the previous quarter (Q1 2024), and a 25.44% increase year-over-year (Q2 2023). CPNG'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).

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.