Coupang (CPNG) Gross Margin (2020 - 2026)

Coupang (CPNG) has 7 years of Gross Margin data on file, last reported at 27.01% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 228.0% year-over-year to 27.01%; the trailing twelve-month figure through Mar 2026 stood at 28.81% (down 86.0% YoY), and the FY2025 full-year result was 29.37%, up 19.0% from the prior year.
• Gross Margin for Q1 2026 stood at 27.01%, down from 28.79% in the prior quarter.
• Across five years, Gross Margin topped out at 31.27% in Q4 2024 and bottomed at 20.39% in Q1 2022.
• A 5-year average of 26.7% and a median of 27.01% in 2026 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin jumped 820 bps in 2022 and slumped 248 bps in 2025, its largest moves.
• Tracing CPNG's Gross Margin over 5 years: stood at 24.01% in 2022, then gained by 7 bps to 25.61% in 2023, then climbed by 22 bps to 31.27% in 2024, then retreated by 8 bps to 28.79% in 2025, then decreased by 6 bps to 27.01% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 27.01%, 28.79%, and 29.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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