Coupang (CPNG) EBT Margin (2020 - 2026)
Coupang's (CPNG) quarterly EBT Margin came in at 3.0% in Q1 2026, down 573.0% YoY from 0.63% in Q1 2025, and down 1304.21% on a QoQ basis from 0.25% in Q4 2025.
Coupang (CPNG) EBT Margin (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of EBT Margin data on file, last reported at 3.0% in Q1 2026.
- Quarterly EBT Margin fell 573.0% year-over-year to 3.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.36% (down 167.0% YoY) and the FY2025 annual result came in at 1.73%, up 17.0% from the prior year.
- EBT Margin declined to 3.0% in Q1 2026, from 0.25% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 3.5% in Q4 2024 to a low of 4.09% in Q1 2022.
- A 5-year average of 1.04% and a median of 1.78% in 2025 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin soared 1009 bps — and 2026, when it tumbled 573 bps.
- Tracing CPNG's EBT Margin over 5 years: stood at 1.76% in 2022, then soared by 49 bps to 2.62% in 2023, then soared by 34 bps to 3.5% in 2024, then tumbled by 93 bps to 0.25% in 2025, then sank by 1304 bps to 3.0% in 2026.
- The last three EBT Margin figures came in at 3.0% (Q1 2026), 0.25% (Q4 2025), and 1.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.84 Bn | 2,819.86 Bn | 198.88 Bn | 31.58% |
| 2 | PDD Holdings | 507.66 Bn | 448.11 Bn | 9.83 Bn | 25.49% |
| 3 | Mercadolibre | 97.39 Bn | 82.19 Bn | 4.16 Bn | 5.96% |
| 4 | DoorDash | 93.67 Bn | 88.33 Bn | 2.35 Bn | 4.65% |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | 2.25% |
| 6 | Sea | 77.98 Bn | 69.46 Bn | 3.15 Bn | 9.23% |
| 7 | Ebay | 47.41 Bn | 44.11 Bn | 2.30 Bn | 21.22% |
| 8 | Coupang | 29.58 Bn | 23.47 Bn | 2.49 Bn | -6.02% |
| 9 | Zkh | 15.88 Bn | 15.88 Bn | 51.11 Mn | -0.45% |
| 10 | Wayfair | 13.67 Bn | 12.52 Bn | 1.05 Bn | 0.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.02% |
| Mar 31, 2026 | -3.00% |
| Dec 31, 2025 | 0.25% |
| Sep 30, 2025 | 1.78% |
| Jun 30, 2025 | 2.28% |
| Mar 31, 2025 | 2.73% |
| Dec 31, 2024 | 3.50% |
| Sep 30, 2024 | 1.68% |
| Jun 30, 2024 | 0.04% |
| Mar 31, 2024 | 0.83% |
| Dec 31, 2023 | 2.62% |
| Sep 30, 2023 | 1.89% |
| Jun 30, 2023 | 2.93% |
| Mar 31, 2023 | 2.14% |
| Dec 31, 2022 | 1.76% |
| Sep 30, 2022 | 1.91% |
| Jun 30, 2022 | -1.49% |
| Mar 31, 2022 | -4.09% |
| Dec 31, 2021 | -7.97% |
| Sep 30, 2021 | -6.97% |