Coupang (CPNG) EBT Margin (2020 - 2026)
Coupang (CPNG) recorded quarterly EBT Margin of 3.0% in Q1 2026, down 1304.21% on a QoQ basis from 0.25% in Q4 2025, and down 573.0% year-over-year from 0.63% in Q1 2025.
Coupang (CPNG) EBT Margin (2020 - 2026) Analysis & Trends
Coupang has disclosed EBT Margin across 7 years of filings, most recently posting 3.0% for 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 slipped to 3.0% in Q1 2026, from 0.25% in the prior quarter.
- Over five years, EBT Margin peaked at 3.5% in Q4 2024 and troughed at 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 surged by 49 bps to 2.62% in 2023, then surged by 34 bps to 3.5% in 2024, then sank by 93 bps to 0.25% in 2025, then tumbled by 1304 bps to 3.0% in 2026.
- Business Quant data shows CPNG's EBT Margin at 3.0% in Q1 2026, 0.25% in Q4 2025, and 1.78% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 21.94% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 6.55% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.73% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 22.37% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 20.01% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -3.00% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -0.45% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -3.55% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 18.45% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 3.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -11.58% |