In Q2 fiscal 2026 (the quarter ended June 30, 2026), Coupang's largest business segment was Product Commerce, with $7.43 billion or 84% of revenue, up 1.2% from a year earlier. Next: Developing Offerings (16%).
By product or service, Product brought in 76%, Third-Party Merchant Services brought in 21% and Service, Other brought in 3% of revenue in Q2 fiscal 2026.
The fastest-growing business segment from a year earlier was Developing Offerings (+20.3%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2020.

Fiscal quarters, from company filings
| Business segment | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Product Commerce | $7.4B | $7.2B | $8.0B | $7.3B | 84% |
| Developing Offerings | $1.4B | $1.3B | $1.3B | $1.2B | 16% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
| Product or service | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Product | $6.7B | $6.5B | $7.1B | $6.5B | 76% |
| Third-Party Merchant Services | $1.8B | $1.8B | $1.9B | $1.8B | 21% |
| Service, Other | $280.0M | $261.0M | $293.0M | $262.0M | 3% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
Product Commerce and Developing Offerings (as reported for Q2 fiscal 2026).
Product Commerce: $7.43 billion, or 84% of revenue, in Q2 fiscal 2026.
By revenue in Q2 fiscal 2026: Product (76%), Third-Party Merchant Services (21%) and Service, Other (3%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Jun 30, 2026
| Item | Revenue | Share |
|---|---|---|
| Product Commerce | USD 7.42B | 83.8% |
| Developing Offerings | USD 1.43B | 16.2% |
Sum of items USD 8.86B. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product Commerce | 7.4B | 7.2B | 7.4B | 8.0B | 7.3B | 6.9B | 6.9B | 6.9B | 6.4B | 6.5B | 6.3B | 6.0B | 5.7B | 5.7B | 5.2B | 4.9B | 4.9B | 4.9B | 4.9B | 4.5B | 4.3B | 4.1B |
| Developing Offerings | 1.4B | 1.3B | 1.4B | 1.3B | 1.2B | 1.0B | 1.1B | 975.0M | 892.0M | 620.0M | 273.0M | 218.0M | 156.0M | 142.0M | 132.9M | 154.2M | 160.3M | 180.6M | 150.2M | 163.2M | 145.4M | 109.2M |