Coupang (CPNG) EBITDA Margin (2020 - 2026)
Coupang's (CPNG) quarterly EBITDA Margin came in at 6.28% in Q2 2026, down 803.0% on a YoY basis from 0.89% in Q2 2025, and down 120.62% quarter-over-quarter from 2.85% in Q1 2026.
Powered by 
Analysis
Coupang (CPNG) EBITDA Margin (2020 - 2026) Analysis & Trends
Coupang (CPNG) has reported EBITDA Margin for 7 consecutive years, with 6.28% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 803.0% year-over-year to 6.28%; the trailing twelve-month figure through Jun 2026 stood at 1.77% (down 401.0% YoY), and the FY2025 full-year result was 1.37%, down 7.0% from the prior year.
- EBITDA Margin retreated to 6.28% in Q2 2026 per CPNG's latest filing, from 2.85% in the prior quarter.
- Across five years, EBITDA Margin topped out at 3.92% in Q4 2024 and bottomed at 6.28% in Q2 2026.
- Historically, EBITDA Margin has averaged 0.41% across 5 years, with a median of 1.47% in 2022.
- The sharpest annual moves came in 2022 and 2026: EBITDA Margin surged 1017 bps in 2022, then plunged 803 bps in 2026.
- Over 5 years, EBITDA Margin stood at 1.57% in 2022, then grew by 27 bps to 2.0% in 2023, then jumped by 96 bps to 3.92% in 2024, then slumped by 98 bps to 0.09% in 2025, then sank by 7034 bps to 6.28% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 6.28%, 2.85%, and 0.09% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 13.43% |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | 1.26% |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | -6.28% |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | 2.96% |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 11.54% |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 4.05% |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | 6.36% |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | 42.85% |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | -1.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.28% |
| Mar 31, 2026 | -2.85% |
| Dec 31, 2025 | 0.09% |
| Sep 30, 2025 | 1.75% |
| Jun 30, 2025 | 1.75% |
| Mar 31, 2025 | 1.95% |
| Dec 31, 2024 | 3.92% |
| Sep 30, 2024 | 1.39% |
| Jun 30, 2024 | -0.34% |
| Mar 31, 2024 | 0.56% |
| Dec 31, 2023 | 2.00% |
| Sep 30, 2023 | 1.42% |
| Jun 30, 2023 | 2.54% |
| Mar 31, 2023 | 1.84% |
| Dec 31, 2022 | 1.57% |
| Sep 30, 2022 | 1.52% |
| Jun 30, 2022 | -1.33% |
| Mar 31, 2022 | -4.02% |
| Dec 31, 2021 | -7.81% |
| Sep 30, 2021 | -6.78% |
API Access
Coupang EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();