Coupa Software Inc
COUPDelisted Feb 28, 2023- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001385867
Coupa Software Inc was delisted on Feb 28, 2023; its insiders filed their last Form 4 on Feb 28, 2023; 369 institutions reported holding it in 13F filings for Q4 2022, worth $5.97B in total; superinvestors Maverick Capital and Soros Fund Management held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:59 PM ET
Revenue flow, FY2022
Where the revenue went in FY2022, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2022: $379.0M (52.3% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 14, 2022 | Mar 16, 2021 | Mar 16, 2020 | Mar 11, 2019 | Mar 12, 2018 |
| Revenue | $725.3M | $541.6M | $389.7M | $260.4M | $186.8M |
| Cost of revenue | $313.2M | $221.7M | $139.2M | $83.5M | $59.9M |
| Gross profit | $412.1M | $319.9M | $250.5M | $176.9M | $126.9M |
| Operating expenses | $656.1M | $486.5M | $323.9M | $224.3M | $171.8M |
| Research and development | $166.5M | $133.8M | $93.1M | $61.6M | $44.5M |
| Selling, general and administrative | $161.9M | $116.3M | $75.6M | $57.0M | $38.6M |
| Operating income | -$244.1M | -$166.6M | -$73.4M | -$47.4M | -$45.0M |
| Interest expense | $122.7M | $91.3M | $37.7M | $12.5M | – |
| Income tax | -$2.60M | -$64.4M | -$10.9M | -$537.0K | $1.65M |
| Net income | -$379.0M | -$180.1M | -$90.8M | -$55.5M | -$43.8M |
| EPS, basic | $-5.13 | – | – | – | – |
| EPS, diluted | $-5.13 | – | – | – | – |
| Weighted shares, basic | 73.8M | – | – | – | – |
| Weighted shares, diluted | 73.8M | – | – | – | – |
| Margins and growth | |||||
| Gross margin | 56.8% | 59.1% | 64.3% | 67.9% | 67.9% |
| Operating margin | -33.7% | -30.7% | -18.8% | -18.2% | -24.1% |
| Net margin | -52.3% | -33.3% | -23.3% | -21.3% | -23.5% |
| Revenue growth, year over year | +33.9% | +39.0% | +49.7% | +39.4% | +39.6% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2022 | FY2021 | FY2020! | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 14, 2022 | Mar 16, 2021 | Mar 16, 2020 | Mar 11, 2019 | Mar 12, 2018 |
| Cash and equivalents | $506.5M | $323.3M | $268.0M | $141.3M | $412.9M |
| Short-term investments | $223.0M | $283.0M | $499.2M | $180.2M | – |
| Accounts receivable | $226.2M | $196.0M | $118.5M | $95.3M | $61.4M |
| Total current assets | $1.02B | $854.3M | $929.3M | $434.4M | $489.0M |
| Property, plant and equipment | $30.6M | $28.3M | $18.8M | $10.5M | $5.19M |
| Goodwill | $1.51B | $1.48B | $442.1M | $209.6M | $44.4M |
| Intangible assets | $510.7M | $632.2M | $128.7M | $55.9M | $20.0M |
| Total assets | $3.19B | $3.11B | $1.59B | $740.1M | $572.5M |
| Accounts payable | $4.61M | $4.83M | $3.52M | $5.49M | $1.34M |
| Total current liabilities | $567.0M | $1.06B | $510.8M | $401.9M | $153.7M |
| Total liabilities | $2.29B | $2.06B | $1.13B | $426.8M | $331.9M |
| Shareholders' equity | $893.6M | $1.04B | $445.7M | $313.3M | $240.5M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 14, 2022 | Mar 16, 2021 | Mar 16, 2020 | Mar 11, 2019 | Mar 12, 2018 |
| Operating cash flow | $168.1M | $78.2M | $68.2M | $37.4M | – |
| Capital expenditures | $13.9M | $11.5M | $12.0M | $7.53M | $4.49M |
| Free cash flow | $154.2M | $66.7M | $56.2M | $29.9M | – |
| Depreciation and amortization | $146.4M | $72.1M | $28.6M | $10.4M | $7.56M |
| Stock-based compensation | $199.9M | $149.4M | $81.4M | $52.9M | $29.7M |
| Dividends paid | – | – | $0 | – | – |
| Investing cash flow | -$12.7M | -$661.1M | -$637.9M | -$330.2M | – |
| Financing cash flow | $27.5M | $641.8M | $696.7M | $21.1M | – |
| Net change in cash | $182.8M | $59.3M | $127.0M | -$271.7M | $211.2M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 27.6% | 27.6% | 20.9% | 20.3% | 15.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.