Coupang annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Coupang Operating Expenses Growth & History (CPNG)
Coupang's operating expenses was $34.06B for fiscal 2025.
View full Coupang company overviewCoupang annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $34.06B | $4.23B | +14.18% |
| 2024 | 2024-12-31 | $29.83B | $5.92B | +24.77% |
| 2023 | 2023-12-31 | $23.91B | $3.21B | +15.54% |
| 2022 | 2022-12-31 | $20.70B | $795.0M | +3.99% |
| 2021 | 2021-12-31 | $19.90B | $7.42B | +59.41% |
| 2020 | 2020-12-31 | $12.48B | $5.57B | +80.52% |
| 2019 | 2019-12-31 | $6.92B | — | — |
Coupang quarterly operating expenses
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $9.41B | $1.04B | +12.38% |
| Q1 2026 | 2026-03-31 | $8.75B | $992.0M | +12.79% |
| Q4 2025 | 2025-12-31 | $8.83B | $1.17B | +15.34% |
| Q3 2025 | 2025-09-30 | $9.11B | $1.35B | +17.38% |
| Q2 2025 | 2025-06-30 | $8.38B | $1.03B | +13.98% |
| Q1 2025 | 2025-03-31 | $7.75B | $680.0M | +9.61% |
| Q4 2024 | 2024-12-31 | $7.65B | $1.22B | +19.02% |
| Q3 2024 | 2024-09-30 | $7.76B | $1.66B | +27.25% |
| Q2 2024 | 2024-06-30 | $7.35B | $1.66B | +29.14% |
| Q1 2024 | 2024-03-31 | $7.07B | $1.38B | +24.24% |
| Q4 2023 | 2023-12-31 | $6.43B | $1.19B | +22.62% |
| Q3 2023 | 2023-09-30 | $6.10B | $1.07B | +21.34% |
| Q2 2023 | 2023-06-30 | $5.69B | $585.0M | +11.46% |
| Q1 2023 | 2023-03-31 | $5.69B | $371.6M | +6.98% |
| Q4 2022 | 2022-12-31 | $5.24B | −$229.2M | −4.19% |
| Q3 2022 | 2022-09-30 | $5.02B | $64.1M | +1.29% |
| Q2 2022 | 2022-06-30 | $5.10B | $111.9M | +2.24% |
| Q1 2022 | 2022-03-31 | $5.32B | $848.2M | +18.96% |
| Q4 2021 | 2021-12-31 | $5.47B | $1.54B | +39.11% |
| Q3 2021 | 2021-09-30 | $4.96B | $1.61B | +47.93% |
| Q2 2021 | 2021-06-30 | $4.99B | $2.28B | +84.29% |
| Q1 2021 | 2021-03-31 | $4.47B | $1.99B | +79.91% |
| Q4 2020 | 2020-12-31 | $3.93B | — | — |
| Q3 2020 | 2020-09-30 | $3.35B | — | — |
| Q2 2020 | 2020-06-30 | $2.71B | — | — |
| Q1 2020 | 2020-03-31 | $2.49B | — | — |
Coupang operating expenses trends
Over the last five fiscal years, Coupang's operating expenses increased from $12.48B to $34.06B, a change of $21.58B. The latest reported quarter, Q2 2026, shows $9.41B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Coupang source filings ↗