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COUP on NASDAQ

Coupa

American software company

Coupa Software Incorporated is an American technology platform for AI-driven total spend management and supply chain. The company is headquartered in Foster City, California with offices throughout Europe, Latin America, and Asia Pacific. Coupa helps companies gain visibility into and control over how they spend money, optimize supply chains, and manage cash.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$725.3MRevenue, fiscal 20225
-$379.0MNet income, fiscal 20225
2006Founded1

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  • TickerCOUP on NASDAQ1
  • Industrysoftware industry1
  • HeadquartersSan Mateo County1
  • Websitecoupa.com
  • Incorporated inDE6
  • Business address1855 S. Grant Street, San Mateo, Ca 944026
  • Filer categoryLarge accelerated filer6
  • Legal formCorporation4
  • LEI549300Q95ICR2GFL2K374
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressBrandywine Plaza 1521 Concord Pike 201, 19803 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 41149614

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Coupa Software Incorporated is an American technology platform for AI-driven total spend management and supply chain. The company is headquartered in Foster City, California with offices throughout Europe, Latin America, and Asia Pacific. Coupa helps companies gain visibility into and control over how they spend money, optimize supply chains, and manage cash.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

56.8%Gross margin5
-33.7%Operating margin5
-52.3%Net margin5
33.9%Revenue growth, 20225
-42.4%Return on equity5

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue43¢$313.2M
  • Research and development23¢$166.5M
  • Other costs17¢$120.2M
  • Interest17¢$122.7M
  • Income tax0¢$2.6M

Out of $725.3M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2022

  • Kept or used elsewhere100¢$168.1M

Out of $168.1M of cash from operations.5

Financial statements

Revenue891011125$725.3M in 2022+1326% since 2015
0$200.0M$400.0M$600.0M$800.0M2015: $50.8M$50.8M20152016: $83.7M$83.7M2016+65%2017: $133.8M$133.8M2017+60%2018: $186.8M$186.8M2018+40%2019: $260.4M$260.4M2019+39%2020: $389.7M$389.7M2020+50%2021: $541.6M$541.6M2021+39%2022: $725.3M$725.3M2022+34%
Gross profit891011125$412.1M in 2022+1183% since 2015
0$200.0M$400.0M$600.0M2015: $32.1M$32.1M20152016: $51.8M$51.8M2016+61%2017: $87.5M$87.5M2017+69%2018: $126.9M$126.9M2018+45%2019: $176.9M$176.9M2019+39%2020: $250.5M$250.5M2020+42%2021: $319.9M$319.9M2021+28%2022: $412.1M$412.1M2022+29%
Operating income891011125-$244.1M in 2022+816% since 2015
-$300.0M-$200.0M-$100.0M02015: -$26.6M-$26.6M20152016: -$45.3M-$45.3M2016+70%2017: -$35.4M-$35.4M2017−22%2018: -$45.0M-$45.0M2018+27%2019: -$47.4M-$47.4M2019+5%2020: -$73.4M-$73.4M2020+55%2021: -$166.6M-$166.6M2021+127%2022: -$244.1M-$244.1M2022+47%
Net income891011125-$379.0M in 2022+1288% since 2015
-$400.0M-$300.0M-$200.0M-$100.0M02015: -$27.3M-$27.3M20152016: -$46.2M-$46.2M2016+69%2017: -$37.6M-$37.6M2017−19%2018: -$43.8M-$43.8M2018+16%2019: -$55.5M-$55.5M2019+27%2020: -$90.8M-$90.8M2020+64%2021: -$180.1M-$180.1M2021+98%2022: -$379.0M-$379.0M2022+110%
Fiscal year20152016201720182019202020212022
Revenue$50.8M8$83.7M9$133.8M10$186.8M11$260.4M12$389.7M5$541.6M5$725.3M5
Cost of revenue$18.7M8$31.9M9$46.3M9$59.9M9$83.5M12$139.2M5$221.7M5$313.2M5
Gross profit$32.1M8$51.8M9$87.5M10$126.9M11$176.9M12$250.5M5$319.9M5$412.1M5
Research and development$11.9M8$22.8M9$30.3M10$44.5M11$61.6M12$93.1M5$133.8M5$166.5M5
Operating expenses$656.1M5
Operating income-$26.6M8-$45.3M9-$35.4M10-$45.0M11-$47.4M12-$73.4M5-$166.6M5-$244.1M5
Interest$14.0K10$502.0K11$12.5M12$37.7M5$91.3M5$122.7M5
Income before tax-$371.7M5
Income tax$101.0K8$335.0K9$848.0K10$1.6M11-$537.0K12-$10.9M5-$64.4M5-$2.6M5
Net income-$27.3M8-$46.2M9-$37.6M10-$43.8M11-$55.5M12-$90.8M5-$180.1M5-$379.0M5
Earnings per share-$1.455-$2.635-$5.135
Earnings per share (diluted)-$1.455-$2.635-$5.135
Shares (weighted, basic)73.8M shares5
Shares (weighted, diluted)73.8M shares5

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Corporate structure

Coupa sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Coupa

  • Coupa Foster City, California, United States
    • LLamasoft Subsidiary · Ann Arbor, Michigan, United States
    • COUPA SOFTWARE INDIA PRIVATE LIMITED Subsidiary · Pune, India

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Coupa reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$79.0M5 Jan 31, 2022$62.1M5 Jan 31, 2021+27.1%
Accumulated depreciation$48.4M5 Jan 31, 2022$33.9M5 Jan 31, 2021+43.0%
Property and equipment, net$30.6M5 Jan 31, 2022$28.3M5 Jan 31, 2021+8.2%
Operating-lease assets (leased space)$42.7M5 Jan 31, 2022$41.3M5 Jan 31, 2021+3.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$506.5M5 Jan 31, 2022$323.3M5 Jan 31, 2021+56.7%
Marketable securities, current$223.0M5 Jan 31, 2022$283.0M5 Jan 31, 2021−21.2%
Debt securities available for sale$223.0M5 Jan 31, 2022$283.0M5 Jan 31, 2021−21.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.5B5 Jan 31, 2022$1.5B5 Jan 31, 2021+2.3%
Finite-lived intangibles, gross$743.0M5 Jan 31, 2022$731.0M5 Jan 31, 2021+1.6%
Accumulated amortization$232.3M5 Jan 31, 2022$98.8M5 Jan 31, 2021+135.2%
Finite-lived intangibles, net$510.7M5 Jan 31, 2022$632.2M5 Jan 31, 2021−19.2%

The story

Dave Stephens and Noah Eisner founded Coupa in 2006. Rob Bernshteyn took over as Coupa's CEO in February 2009. In September 2009, Coupa secured a $7.5 million Series C funding round.

In May, Ariba, a unit of SAP and a competitor of Coupa, filed a lawsuit alleging that Coupa misappropriated Ariba trade secrets. Also in 2014, the company expanded globally, announcing new operations in Dublin, Ireland.

In February 2015, Coupa acquired the assets of ZenPurchase, an enterprise procurement software company, as well as acquiring InvoiceSmash, an e-invoicing vendor, and TripScanner, an open booking vendor, in July. On September 24, 2015, Ariba and Coupa settled their lawsuit. Coupa acknowledged its possession of Ariba information and is required to abide by certain procedures to prevent any misappropriation in the future. Coupa paid Ariba an undisclosed amount.

In January 2016, Coupa acquired Contractually, a cloud-based contract management solution.

In 2020, Coupa acquired AI supply chain design company LLamasoft.

In 2021, Coupa debuted its new venture capital fund, Coupa Ventures.

In May 2022, Coupa added analysis features to its procurement management software to track Scope 1, 2 and 3 emissions reductions and how these contribute to supplier sustainability goals.

In December 2022, Thoma Bravo outbid Vista Equity Partners to announce its acquisition of Coupa for $6.15 billion in cash, and a total enterprise value of $8 billion.

Read the full text

Leadership

In May 2023, Rob Bernshteyn departed as CEO after 14 years as CEO and chairman; Leagh Turner subsequently became CEO of Coupa in November 2023. Turner most recently served as co-CEO of Ceridian.

In September 2024, Salvatore Lombardo joined the company as Chief Product and Technology Officer.

From Wikipedia’s article on Coupa, shared under CC BY-SA 4.0.7

Leadership

Who has led Coupa, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert Bernshtyen2016–2023

President

  1. Todd R. Ford2021–2022

Chief financial officer

  1. Todd R. Ford2016–2022
  2. Anthony D. Tiscornia2021–2023
2010201520202025
Board members and other officers (14)

Products and brands

Coupa’s public cloud-based total spend management manages transactions across procurement, payment, and supply chain. Coupa's platform, through its community-generated AI, leverages $7 trillion of direct and indirect spending in anonymized customer data, making agentic AI recommendations for improving business decisions. The collection of this data provides community-powered KPIs, including Caterpillar, The Coca-Cola Company, Adidas, Amazon, BNP Paribas, TD Bank, and Microsoft.

In 2006, its first free open-source product, Coupa Express, was built using RoR. In 2007, the company launched a SaaS (Software-as-a-service) product called Coupa On Demand for SMBs (small and midsize businesses).

In November 2011, Coupa released its first spend analysis product called Coupa Spend Optimizer.

In April 2014, Coupa introduced Coupa Inventory, a portal for viewing inventory availability when ordering, to reduce wasteful spending.

Read the full text

With Coupa's acquisition of LLamasoft in 2020, the company added AI-powered supply chain design to its platform.

In February 2022, Coupa launched Community.ai, which benchmarks data to embed performance feedback, operational support, and prescriptive recommendations. Coupa received its FedRAMP Moderate certification in March 2022.

In 2023, the “Coupa supply chain collaboration solution” was introduced; this direct spend management solution creates a collaboration layer between buyers and suppliers on the platform in order to decrease operational business risks.

In September 2024, Coupa Navi was launched, a generative AI agent that provides real-time navigation and support for business queries. Contract Intelligence was also released, which is powered by AI to provide risk-informed clause recommendations, legal agreement summaries, and automated record keeping.

In 2024, Coupa’s CPTO announced the development of an autonomous “AI agent” network to manage data objects, interact with buyers and sellers, and provide transaction recommendations as needed.

From Wikipedia’s article on Coupa, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Feb 28, 20238-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale33
  2. Feb 23, 20238-K Shareholder vote34
  3. Feb 17, 20238-K Other events35
  4. Dec 12, 20228-K Other events36
  5. Dec 12, 20228-K Results of operations37
  6. Dec 12, 20228-K Entered a material agreement38
  7. Sep 6, 20228-K Results of operations39
  8. Aug 1, 20228-K Executive or director change40
  9. Jun 6, 20228-K Results of operations41
  10. May 27, 20228-K Shareholder vote42
  11. Mar 14, 20228-K Results of operations; Executive or director change43
  12. Dec 6, 20218-K Results of operations44
  13. Oct 5, 2016New chief executive Robert Bernshtyen becomes CEO16
  14. 2006Founded Founded1

Calendar

When it reported results

  1. Dec 12, 2022Reported quarterly or annual results37
  2. Sep 6, 2022Reported quarterly or annual results39
  3. Jun 6, 2022Reported quarterly or annual results41
  4. Mar 14, 2022Reported quarterly or annual results43
  5. Dec 6, 2021Reported quarterly or annual results44

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

126 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 12 major events, 69 insider forms, 16 large holders, 24 other. The latest 20:

  1. Mar 10, 202315-12G EDGAR
  2. Feb 28, 2023POSASR EDGAR
  3. Feb 28, 2023POSASR EDGAR
  4. Feb 28, 2023S-8 POS EDGAR
  5. Feb 28, 2023S-8 POS EDGAR
  6. Feb 28, 2023S-8 POS EDGAR
  7. Feb 28, 2023S-8 POS EDGAR
  8. Feb 28, 2023S-8 POS EDGAR
  9. Feb 28, 2023S-8 POS EDGAR
  10. Feb 28, 2023S-8 POS EDGAR
  11. Feb 28, 20238-K EDGAR
  12. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  13. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  14. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  15. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  16. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  17. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  18. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  19. Feb 28, 20234 FORM 4 SUBMISSION EDGAR
  20. Feb 28, 20234 FORM 4 SUBMISSION EDGAR

The 126 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

51 open-market trades by officers, directors and large owners since October 2021: 2 buys and 49 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Feb 1, 2023Tiscornia Anthony DChief Financial OfficerSale845$79.95$67.6KForm 4
Jan 25, 2023Baratta MaurizioChief Accounting OfficerSale296$80.00$23.7KForm 4
Jan 3, 2023Glenn RobertEVP Global SalesSale289$79.20$22.9KForm 4
Dec 29, 2022Baratta MaurizioChief Accounting OfficerSale299$78.71$23.5KForm 4
Dec 21, 2022Glenn RobertEVP Global SalesSale3,076$78.59$241.7KForm 4
Dec 21, 2022BERNSHTEYN ROBERTChief Executive OfficerSale8,074$78.59$634.5KForm 4
Dec 21, 2022Baratta MaurizioChief Accounting OfficerSale1,142$78.59$89.8KForm 4
Dec 21, 2022Tiscornia Anthony DChief Financial OfficerSale1,708$78.59$134.2KForm 4
Dec 21, 2022Riggs MarkChief Customer OfficerSale2,891$78.59$227.2KForm 4
Oct 3, 2022Glenn RobertEVP Global SalesSale290$59.18$17.2KForm 4
Sep 26, 2022Tiscornia Anthony DChief Financial OfficerSale3,835$62.85$241.0KForm 4
Sep 22, 2022Riggs MarkChief Customer OfficerSale511$62.43$31.9KForm 4
Sep 22, 2022Glenn RobertEVP Global SalesSale956$62.57$59.8KForm 4
Sep 21, 2022Tiscornia Anthony DChief Financial OfficerSale1,449$66.20$95.9KForm 4
Sep 21, 2022Baratta MaurizioChief Accounting OfficerSale598$66.20$39.6KForm 4
Sep 21, 2022BERNSHTEYN ROBERTChief Executive OfficerSale8,074$66.20$534.5KForm 4
Sep 21, 2022Riggs MarkChief Customer OfficerSale2,017$66.20$133.5KForm 4
Sep 21, 2022Glenn RobertEVP Global SalesSale2,174$66.20$143.9KForm 4
Aug 3, 2022Riggs MarkChief Customer OfficerSale5,018$75.32$378.0KForm 4
Jul 1, 2022Glenn RobertEVP Global SalesSale290$58.08$16.8KForm 4

All 51 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Nov 11, 2022Ron WydenDemocratic, SenateSale$15,001 - $50,000Report
Aug 5, 2020Ron WydenDemocratic, SenateBuy$15,001 - $50,000Report
Jun 24, 2020Ron WydenDemocratic, SenateBuy$50,001 - $100,000Report
Jun 23, 2020Ron WydenDemocratic, SenateBuy$15,001 - $50,000Report
Jun 17, 2020Ron WydenDemocratic, SenateBuy$15,001 - $50,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Coupa is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCoupa Software Inc2
  • CIK0001385867
  • Employer ID (EIN)20-44294482
  • Filer statusLarge accelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsJanuary 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • Business address1855 S. Grant Street, San Mateo, CA 944022
  • Phone65093132002
  • Shares outstanding76,150,794 as of Dec 8, 202215
  • Public float$16.0B as of Jul 31, 20215
  • On EDGAR sinceDec 19, 20062
  • Filings775 in all: 4 (515), 8-K (54), SC 13G/A (39), 3 (21), 10-Q (19), SC 13G (19), DEFA14A (15), CORRESP (10)2
    All 40 form types

    UPLOAD (10), S-8 (7), S-8 POS (7), 10-K (6), DEF 14A (6), DRS/A (4), DRSLTR (4), 8-K/A (3), D (3), S-1/A (3), 4/A (2), 424B4 (2), 424B7 (2), EFFECT (2), FWP (2), POSASR (2), S-1 (2), S-3ASR (2), 15-12G (1), 25-NSE (1), 3/A (1), 5 (1), 8-A12B (1), CERTNAS (1), DEFM14A (1), DRS (1), PREM14A (1), REGDEX (1), REGDEX/A (1), S-1MEF (1), SC 13D (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 16, 2022
    Quarterly report (10-Q) Dec 12, 2022
    Proxy statement (DEF 14A) Apr 11, 2022
    Latest 8-K (8-K) Feb 28, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
    SEC EDGAROther events
  36. 36
    SEC EDGAROther events
  37. 37
  38. 38
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