canar.ai
Rankings/CPNG/Q3 2025 Analysis

Coupang, Inc.

CPNG
Q3 2025(CPNG Q2 FY2025)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$481.5M
AI Revenue (Q)
$433.1M
Total Revenue (Q)
$14.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q2 2025 total revenue was $8.524B (Net retail sales $6,507M, Net other revenue $2,017M). Revenue grew 16% YoY. Net other revenue crossed $2B for the first time, driven by Coupang Eats, advertising, and Farfetch. No AI-specific disclosure. Math: $8.524B * 3% = ~$256M estimated AI-adjacent revenue.
Analyzed by claude-opus-4-6

Quoted Figures

Net retail sales $6,507M, Net other revenue $2,017M, Total net revenues $8,524M (Q2 2025)
10-Q Q2 2025, Income Statement
Operating income $149M
10-Q Q2 2025, Income Statement

AI Products Identified (Ring 1)

AI-powered product recommendationsLogistics routing optimization (Rocket Delivery)Demand forecasting algorithmsCoupang Eats AI recommendationsFarfetch AI-powered luxury personalization

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Third-party merchant advertising (AI-targeted)Rocket Delivery route optimizationFarfetch marketplace personalization

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix