Coupang (CPNG) FCF Margin (2020 - 2026)
Coupang's (CPNG) quarterly FCF Margin came in at 0.56% in Q2 2026, down 232.0% on a YoY basis from 0.43% in Q2 2025, and up 142.87% quarter-over-quarter from 1.32% in Q1 2026.
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Analysis
Coupang (CPNG) FCF Margin (2020 - 2026) Analysis & Trends
Coupang (CPNG) has reported FCF Margin for 7 consecutive years, with 0.56% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 232.0% year-over-year to 0.56%; the trailing twelve-month figure through Jun 2026 stood at 0.28% (down 213.0% YoY), and the FY2025 full-year result was 1.51%, down 182.0% from the prior year.
- FCF Margin improved to 0.56% in Q2 2026 per CPNG's latest filing, from 1.32% in the prior quarter.
- Across five years, FCF Margin topped out at 8.62% in Q4 2022 and bottomed at 5.74% in Q1 2022.
- Historically, FCF Margin has averaged 2.33% across 5 years, with a median of 2.18% in 2024.
- The sharpest annual moves came in 2022 and 2024: FCF Margin jumped 1594 bps in 2022, then tumbled 919 bps in 2024.
- Over 5 years, FCF Margin 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 jumped by 118 bps to 0.56% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 0.56%, 1.32%, and 3.15% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | -7.06% |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | 6.45% |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | 0.56% |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | 9.49% |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 10.96% |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 0.43% |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | -3.18% |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | - |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | 1.92% |
Historic Data
Download Data
Historic 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% |
API Access
Coupang FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();