← Coupang, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | — | — | ($1.5b) |
($92.0m)
+94.04%
|
$1.4b
+1578.26%
|
$66.0m
-95.15%
|
$214.0m
+224.24%
|
($767.0m)
-458.41%
|
|
| Depreciation and amortization | $70.9m | $127.5m | $201.5m | $231.0m | $275.0m | $433.0m | $517.0m | $557.0m | |
| Deferred income taxes | — | — | $0 | ($41.0m) | ($884.0m) | $225.0m | $37.0m | ($56.0m) | |
| Accounts receivable, net | ($40.0m) | ($4.3m) | ($120.2m) | ($33.8m) | ($133.0m) | $209.0m | $37.0m | $91.0m | |
| Inventories | ($279.0m) | ($504.3m) | ($528.0m) | ($367.0m) | ($44.0m) | ($376.0m) | ($233.0m) | ($46.0m) | |
| Accounts payable | $416.5m | $1.1b | $728.5m | $444.4m | $1.5b | $507.0m | $515.0m | $665.0m | |
| Accrued expenses | $18.2m | $50.8m | $206.6m | $7.2m | $43.0m | $60.0m | $49.0m | $482.0m | |
| Other | ($4.4m) | $55.2m | $58.0m | $111.8m | $140.0m | $250.0m | $209.0m | — | |
| Other assets | ($40.4m) | ($172.6m) | ($178.4m) | ($289.4m) | ($153.0m) | ($152.0m) | ($517.0m) | — | |
| Other liabilities | ($25.8m) | ($84.0m) | ($191.5m) | ($179.8m) | ($289.0m) | ($213.0m) | ($283.0m) | — | |
| Net cash provided by operating activities | ($311.8m) |
$301.6m
+196.70%
|
($410.6m)
-236.15%
|
$565.4m
+237.72%
|
$2.7b
+369.02%
|
$1.9b
-28.88%
|
$1.8b
-5.99%
|
$1.4b
-19.63%
|
|
| Purchases of property and equipment | ($217.8m) | ($484.6m) | ($673.7m) | ($824.3m) | ($896.0m) | ($879.0m) | ($1.3b) | ($1.3b) | |
| Proceeds from sale of property and equipment | $3.5m | $507k | $1.9m | $13.2m | $19.0m | $9.0m | $5.0m | — | |
| Other investing activities | ($3.9m) | ($36.5m) | ($3.7m) | ($37.2m) | ($50.0m) | ($17.0m) | ($8.0m) | — | |
| Net cash used in investing activities | ($218.2m) | ($520.7m) | ($675.5m) | ($848.3m) | ($927.0m) | ($819.0m) | ($1.3b) | ($1.4b) | |
| Proceeds from short-term borrowings and long-term debt | — | — | $434.0m | $701.0m | $572.0m | $857.0m | $2.9b | — | |
| Repayment of short-term borrowings and long-term debt | — | — | ($336.0m) | ($467.0m) | ($392.0m) | ($794.0m) | ($2.9b) | — | |
| Proceeds from issuance of common stock, equity-based compensation plan | $1.5b | $28.6m | $62.3m | $17.8m | $9.0m | $4.0m | $5.0m | — | |
| Repurchase of Class A common stock | — | — | — | $0 | $0 | ($178.0m) | ($243.0m) | — | |
| Other financing activities | ($1.8m) | ($1.9m) | ($3.1m) | ($3.8m) | $10.0m | $42.0m | ($28.0m) | — | |
| Net cash (used in) provided by financing activities | $1.2b |
$178.5m
-84.93%
|
$3.6b
+1903.82%
|
$247.4m
-93.08%
|
$199.0m
-19.55%
|
($69.0m)
-134.67%
|
($247.0m)
-257.97%
|
— | |
| Cash and cash equivalents and restricted cash, as of beginning of period | $1.4b | $1.4b | $3.8b | $3.7b | $5.6b | $6.0b | $6.4b | — | |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | ($22.4m) | $70.4m | ($81.7m) | ($87.6m) | ($14.0m) | ($564.0m) | $109.0m | ($599.0m) | |
| Net increase in cash and cash equivalents and restricted cash | $631.6m | $29.8m | $2.4b | ($123.1m) | $1.9b | $434.0m | $381.0m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Provision for severance benefits | $43.2m | $71.3m | $128.2m | $161.2m | $159.0m | $187.0m | $246.0m | — | |
| Equity-based compensation | $20.8m | $31.3m | $249.3m | $262.3m | $326.0m | $433.0m | $475.0m | — | |
| Non-cash operating lease expense | $84.6m | $154.7m | $259.0m | $309.7m | $338.0m | $432.0m | $507.0m | $1.4b | |
| Fulfillment center fire insurance gain | — | — | — | $0 | $0 | ($175.0m) | $0 | — | |
| Net cash acquired in acquisition | — | — | — | $0 | $0 | $68.0m | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.