Coupang (CPNG) FCF Margin (2020 - 2026)

Coupang has disclosed FCF Margin across 7 years of filings, most recently posting 1.32% for Q1 2026.

• Quarterly FCF Margin fell 277.0% year-over-year to 1.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.84% (down 243.0% YoY) and the FY2025 annual result came in at 1.51%, down 182.0% from the prior year.
• FCF Margin improved to 1.32% in Q1 2026, from 3.15% in the prior quarter.
• Over five years, FCF Margin peaked at 8.62% in Q4 2022 and troughed at 5.74% in Q1 2022.
• A 5-year average of 2.43% and a median of 2.89% in 2025 frame the typical range for FCF Margin.
• Annual changes were most pronounced in 2022 — FCF Margin soared 1594 bps — and 2024, when it slumped 919 bps.
• Tracing CPNG's FCF Margin over 5 years: stood at 8.62% in 2022, then plunged by 34 bps to 5.72% in 2023, then increased by 1 bps to 5.8% in 2024, then slumped by 154 bps to 3.15% in 2025, then soared by 58 bps to 1.32% in 2026.
• Business Quant data shows CPNG's FCF Margin at 1.32% in Q1 2026, 3.15% in Q4 2025, and 4.74% in Q3 2025.