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
DateValue
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%