← Coupang, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Total net revenues | $6.3b | $12.0b | $18.4b | $20.6b | $24.4b | $30.3b | $34.5b | |
| Cost of sales | $5.2b | $10.0b | $15.5b | $15.9b | $18.2b | $21.4b | $24.4b | |
| Operating income | ($641.9m) | ($516.0m) | ($1.5b) | ($112.0m) | $473.0m | $436.0m | $473.0m | |
| Operating, general and administrative | $1.7b | $2.5b | $4.4b | $4.8b | $5.7b | $8.4b | $9.7b | |
| Interest income | $19.1m | $11.0m | $8.6m | $52.8m | $178.0m | $216.0m | $199.0m | |
| Income before income taxes | ($697.1m) | ($462.9m) | ($1.5b) | ($93.1m) | $584.0m | $473.0m | $597.0m | |
| Net income | — | — | ($1.5b) | ($92.0m) | $1.4b | $66.0m | $214.0m | |
| Net income attributable to Coupang stockholders | ($696.9m) | ($463.2m) | ($1.5b) | ($92.0m) | $1.4b | $154.0m | $208.0m | |
| Net income (loss) attributable to noncontrolling interests | — | — | — | $0 | $0 | ($88.0m) | $6.0m | |
| Basic (in usd per share) | ($39.48) | ($19.16) | ($1.08) | ($0.05) | $0.76 | $0.04 | $0.12 | |
| Diluted (in usd per share) | ($39.48) | ($19.16) | ($1.08) | ($0.05) | $0.75 | $0.04 | $0.12 | |
| Interest expense | ($96.9m) | ($107.8m) | ($45.4m) | ($27.2m) | ($48.0m) | ($140.0m) | ($86.0m) | |
| Other income (expense), net | $22.6m | $149.9m | ($10.9m) | ($6.7m) | ($19.0m) | ($39.0m) | $11.0m | |
| Income tax expense (benefit) | ($241k) | $292k | $1.0m | ($1.1m) | ($776.0m) | $407.0m | $383.0m | |
| Total operating cost and expenses | $6.9b | $12.5b | $19.9b | $20.7b | $23.9b | $29.8b | $34.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.