Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Coupang, Inc.

CPNG · NYSE · Consumer

Fundamental quality

REASONABLE

63

out of 100

Breakdown by area

I.GrowthEPS growth: 37.5% · Revenue growth: 17.9%
92
II.ProfitabilityNet margin: -0.5% · ROE: -4.2%
30
III.Financial healthNet debt/EBITDA: -9.24x · FCF: 0.8%
66

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Strengths

  • Growing revenue (17.9% annualized).
  • Growing earnings per share (37.5% annualized).
  • Net cash position: more cash than debt.

Risks and weaknesses

  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -0.5%).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
202118,406-1,543-1,085-2,863
202220,583-92-259-2,842
202324,3831,3601,756-4,511
202430,2681541,007-4,825
202534,534208522-5,670

Between 2021 and 2025, revenue went from $18,406M to $34,534M (+88%) and net income went from -$1,543M to $208M (+113%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Coupang, Inc. a profitable company?

Over the last twelve months, no: Coupang, Inc. posts a negative net margin (-0.5%).

Does Coupang, Inc. have a lot of debt?

No. Coupang, Inc. has a net cash position: more cash than debt.

Is Coupang, Inc. growing?

Its revenue has grown 17.9% annualized in recent years and its earnings per share 37.5%.

Does Coupang, Inc. generate cash?

Yes. It converts about 0.8% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Coupang, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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