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Coupang (CPNG) capital expenditures by quarter

Coupang's capital expenditures were $284M in Q3 2026 (third quarter 2026), +55% from Q2 2026. Over the last 7 quarters it ranged from $183M (Q2 2026) to $360M (Q4 2025).

Coupang capital expenditures by quarterCoupang capital expenditures by quarter$189MQ1 2025$249MQ2 2025$272MQ3 2025$360MQ4 2025$296MQ1 2026$183MQ2 2026$284MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$284M+55%+4%
Q2 2026$183M-38%-27%
Q1 2026$296M-18%+57%
Q4 2025$360M+32%—
Q3 2025$272M+9%—
Q2 2025$249M+32%—
Q1 2025$189M——

Q3 2026 at a glance

Coupang, Q3 2026: revenue $10.0B (+8% year over year), operating margin -4.5%, net loss $501M, operating cash flow $212M. The chart follows the revenue to costs, profit and cash.

Questions

What is Coupang's capital expenditures?

Coupang's capital expenditures were $284M in Q3 2026 (third quarter 2026), +55% from Q2 2026.

How has Coupang's capital expenditures changed?

Over the last 7 quarters it ranged from $183M (Q2 2026) to $360M (Q4 2025).

Q3 2026 results → · How Coupang makes money →