Coupang, Inc.

NYSE-CPNG

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	371	340	204	66	968	995
Net Income
Depreciation & Amortization	501	480	460	433	390	346
Depreciation and Amortization
Stock Based Compensation	474	470	466	433	397	367
Equity-Based Compensation
Other Adjustments	1,034	1,036	1,041	919	68	-491
Provision for Severance Benefits
Paid-in-Kind Interest and Accretion of Discount on Convertible Notes
Revaluation of Derivative Instrument
Inventory and Fixed Asset Losses Due to Fulfillment Center Fire
Non-Cash Operating Lease Expense
Deferred Income Taxes
Fulfillment Center Fire Insurance Gain
Other
Changes in Trade Receivables	62	66	143	209	97	-151
Accounts Receivable, Net
Changes in Inventories	-550	-323	-361	-376	-191	-225
Inventories
Changes in Accounts Payable	1,132	526	649	507	589	1,286
Accounts Payable
Changes in Accrued Expenses	19	-106	-3	60	60	182
Accrued Expenses
Changes in Unearned Revenue	—	—	—	—	—	—
Deferred Revenue
Changes in Other Operating Activities	-541	-445	-396	-365	-559	-544
Other Assets
Other Liabilities
Cash from Operating Activities	2,367	1,909	2,028	1,886	1,819	2,207
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-1,105	-1,132	-1,011	-879	-899	-709
Purchases of Property and Equipment
Proceeds from Sale of Property, Plant & Equipment	6	7	8	9	15	16
Proceeds from Sale of Property and Equipment
Other Investing Activities	80	89	88	51	-125	-85
Net Cash Acquired in Acquisition
Other Investing Activities
Cash from Investing Activities	-1,019	-1,036	-915	-819	-941	-710
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Short-Term Debt	—	—	—	—	—	—
Proceeds from Short-Term Borrowings
Repayments of Short-Term Debt	—	—	—	—	—	—
Repayment of Short-Term Borrowings
Net Issuance / (Repayments) of Short-Term Debt	—	—	—	—	—	—
Issuance of Long-Term Debt	2,614	1,534	1,138	857	580	357
Proceeds from Long-Term Debt, Net of Issuance Costs
Proceeds from Short-Term Borrowings and Long-Term Debt
Repayments of Long-Term Debt	-2,228	-1,381	-1,044	-794	-711	-417
Repayment of Long-Term Debt
Repayment of Short-Term Borrowings and Long-Term Debt
Net Issuance / (Repayments) of Long-Term Debt	386	153	94	63	-131	-60
Issuance of Common Shares	5	6	3.5	4	5.5	5.5
Proceeds from Issuance of Class a Common Stock Upon Initial Public Offering, Net of Underwriting Discounts
Proceeds from Issuance of Common Stock, Equity-Based Compensation Plan
Repurchases of Common Shares	—	—	—	-178	—	—
Repurchase of Common Units and Preferred Units
Repurchase of Class a Common Stock
Net Issuance / (Repurchases) of Common Shares	5	6	3.5	-174	5.5	5.5
Other Financing Activities	-30	-40	-24	42	52	23
Deferred Offering Costs Paid
Other Financing Activities
Cash from Financing Activities	280	119	-105	-69	-252	-210
Net Cash Provided by Financing Activities