Coupang (CPNG) FCF Margin (2020 - 2026)
Coupang's (CPNG) quarterly FCF Margin came in at 1.32% in Q1 2026, down 277.0% YoY from 0.74% in Q1 2025, and up 58.14% on a QoQ basis from 3.15% in Q4 2025.
Coupang (CPNG) FCF Margin (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of FCF Margin data on file, last reported at 1.32% in 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 grew to 1.32% in Q1 2026, from 3.15% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 8.62% in Q4 2022 to a low of 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 slumped by 34 bps to 5.72% in 2023, then climbed by 1 bps to 5.8% in 2024, then plunged by 154 bps to 3.15% in 2025, then jumped by 58 bps to 1.32% in 2026.
- The last three FCF Margin figures came in at 1.32% (Q1 2026), 3.15% (Q4 2025), and 4.74% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,924.76 Bn | 2,801.77 Bn | 198.88 Bn | -7.06% |
| 2 | PDD Holdings | 506.26 Bn | 446.72 Bn | 9.83 Bn | 19.47% |
| 3 | Mercadolibre | 97.68 Bn | 82.48 Bn | 4.16 Bn | 31.67% |
| 4 | DoorDash | 93.06 Bn | 87.71 Bn | 2.35 Bn | 18.03% |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 0.67% |
| 6 | Sea | 77.73 Bn | 69.21 Bn | 3.15 Bn | 14.91% |
| 7 | Ebay | 47.57 Bn | 44.26 Bn | 2.30 Bn | 10.40% |
| 8 | Coupang | 29.78 Bn | 23.67 Bn | 2.49 Bn | 0.56% |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | - |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | 9.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.56% |
| Mar 31, 2026 | -1.32% |
| Dec 31, 2025 | -3.15% |
| Sep 30, 2025 | 4.74% |
| Jun 30, 2025 | 2.89% |
| Mar 31, 2025 | 1.45% |
| Dec 31, 2024 | 5.80% |
| Sep 30, 2024 | -0.58% |
| Jun 30, 2024 | 6.64% |
| Mar 31, 2024 | 1.48% |
| Dec 31, 2023 | 5.72% |
| Sep 30, 2023 | 8.60% |
| Jun 30, 2023 | 7.59% |
| Mar 31, 2023 | 7.00% |
| Dec 31, 2022 | 8.62% |
| Sep 30, 2022 | -4.42% |
| Jun 30, 2022 | -3.95% |
| Mar 31, 2022 | -5.74% |
| Dec 31, 2021 | -7.32% |
| Sep 30, 2021 | -5.28% |