Retail-Catalog & Mail-Order Houses · SIC 5961

Coupang, Inc.

CPNG

Watch

Latest revenue

$8.50B

as of 2026-03-31

Latest net income

$-266.0M

as of 2026-03-31

Net margin

-3.1%

as of 2026-03-31

Price · 5Y

-17.0% / yr 30.8 pts / yr vs S&P 500 60.5% total
Compare:

Live market

delayed ≤15 min
$16.12
2.48%
Market cap
$28.65B
Enterprise value
$28.65B
P/E (trailing)
137.7×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$34.08
52-wk low
$15.03
Beta
Shares out
1.78B

5-year trend

What this company does

AI

Item 1. Business The Company Coupang is a technology and Fortune 150 company listed on the New York Stock Exchange that provides retail, restaurant delivery, video streaming, and fintech services to customers under brands that include Coupang, Eats, Play, Rocket Now, and Farfetch. We serve millions of customers in over 190 countries and territories around the world. We have organized our operations into two segments: Product Commerce and Developing Offerings. These segments reflect the way we evaluate our business performance and manage operations. Information on our segments is included in Part II, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of…

AI summary unavailable — showing raw filing excerpt

Generated from CPNG's filing dated 2026-02-26

Key risks

AI

Table of Contents Item 1A. Risk Factors Investing in our Class A common stock involves a high degree of risk. You should consider and read carefully all of the risks, uncertainties, events, and contingencies described below, as well as other information included in this Form 10-K, including the sections titled “Special Note Regarding Forward-Looking Statements,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and our consolidated financial statements and related notes appearing elsewhere in this Form 10-K, before making an investment decision. The risks, uncertainties, events, and contingencies described below may not be the only ones we face. Our…

AI summary unavailable — showing raw filing excerpt

Generated from CPNG's filing dated 2026-02-26

Profitability

Operating margin

1.4%

4.9%

Net margin

0.6%

18.4%

Return on equity

56.3%

1577.5%

Return on assets

1.2%

16.5%

Leverage

Debt / equity

4.53×

54.0%

Long-term debt / equity

0.22×

1.7%

Debt / assets

81.9%

9.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$8.50B+7.5%$-266.0M-348.6%-3.1%

Q4 2025

2025-12-31

$8.84B+10.9%$-26.0M-111.7%-0.3%

Q3 2025

2025-09-30

$9.27B+17.8%$95.0M+4850.0%1.0%

Q2 2025

2025-06-30

$8.52B+16.4%$32.0M+144.4%0.4%

Q1 2025

2025-03-31

$7.91B+11.2%$107.0M+2040.0%1.4%

Q4 2024

2024-12-31

$7.96B$223.0M2.8%

Q3 2024

2024-09-30

$7.87B+27.2%$-2.0M-102.2%-0.0%

Q2 2024

2024-06-30

$7.32B+25.4%$-72.0M-149.7%-1.0%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Retail-Catalog & Mail-Order Houses · SIC 5961

Your notes

Keep private notes on CPNG — thesis, target price, catalysts to watch.

Visible only to you. Never shared. Never used to train AI.

Sign in to write a note

Insider activity

Insider buying

$136.6M

Insider selling

$886.9M

Net activity

−$750.4M

Distinct insiders

8

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-03-13

Neil Mehta

Director

Purchase2,332,863$18.40$42.9M
2026-03-12

Neil Mehta

Director

Purchase3,000,000$18.68$56.0M
2026-03-11

Neil Mehta

Director

Purchase2,017,241$18.64$37.6M
2026-01-02

Jonathan D. Lee

Chief Accounting Officer

Sale2,679$23.62$63.3K
2025-11-10

Gaurav Anand

Chief Financial Officer

Sale75,350$29.02$2.2M
2025-11-03

Pranam Kolari

VP, Search and Recommendations

Sale11,653$31.98$372.6K
2025-09-11

Pedro Franceschi

Director

Sale21,428$32.05$686.8K
2025-09-11

Harold Rogers

General Counsel and Chief Administrative Officer

Sale64,755$32.06$2.1M
2025-09-09

Benjamin Sun

Director

Sale785,915$31.86$25.0M
2025-09-09

Benjamin Sun

Director

Sale29,882$32.35$966.8K
2025-08-20

SVF Investments (UK) Ltd / SB INVESTMENT ADVISERS (UK) LTD

10%+ owner

Sale20,000,000$28.00$560.0M
2025-08-11

Gaurav Anand

Chief Financial Officer

Sale75,350$27.79$2.1M
2025-08-04

Pranam Kolari

VP, Search and Recommendations

Sale11,653$29.14$339.6K
2025-06-13

SVF Investments (UK) Ltd / SB INVESTMENT ADVISERS (UK) LTD

10%+ owner

Sale10,000,000$28.25$282.5M
2025-05-29

Gaurav Anand

Chief Financial Officer

Sale175,000$28.11$4.9M
2025-05-28

Benjamin Sun

Director

Sale200,000$28.36$5.7M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns CPNG

Institutional value

$8.56B

Total shares held

456.6M

Distinct holders

357

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BAILLIE GIFFORD & CO120.7M$2.28BNew
2BlackRock, Inc.64.9M$1.23BNew
3Capital International Investors44.3M$836.4MNew
4Artisan Partners Limited Partnership33.7M$635.7MNew
5MASSACHUSETTS INSTITUTE OF TECHNOLOGY19.2M$363.1MNew
6Assenagon Asset Management S.A.17.1M$323.2MNew
7VANGUARD CAPITAL MANAGEMENT LLC16.2M$306.1MNew
8JPMORGAN CHASE & CO13.5M$247.3MNew
9Coronation Fund Managers Ltd.11.8M$222.2MNew
10SANDS CAPITAL MANAGEMENT, LLC9.2M$173.2MNew
11VANGUARD FIDUCIARY TRUST CO7.5M$141.7MNew
12UBS Group AG5.6M$106.7MNew
13Columbus Hill Capital Management, L.P.5.6M$105.0MNew
14Dream Peak Capital Ltd5.0M$94.0MNew
15DIMENSIONAL FUND ADVISORS LP4.4M$82.4MNew
16Legal & General Group Plc4.0M$75.3MNew
17VANGUARD PORTFOLIO MANAGEMENT LLC3.8M$71.6MNew
18SEI INVESTMENTS CO3.6M$67.5MNew
19CITIGROUP INC3.2M$61.1MNew
20Bank of New York Mellon Corp3.2M$60.0MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once CPNG's latest filing finishes processing.