Coupang, Inc. (CPNG) Net Margin (2020 - 2026)

Coupang (CPNG) has reported Net Margin for 7 consecutive years, with 3.13% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 3.13%, down 457.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.47% (down 113.0% YoY), and the FY2025 annual result was 0.62%, up 40.0% from the prior year.
• Net Margin was 3.13% for Q1 2026 at Coupang, down from 0.29% in the prior quarter.
• Over five years, Net Margin peaked at 15.74% in Q4 2023 and troughed at 4.09% in Q1 2022.
• Average Net Margin over 5 years is 1.15%, with a median of 1.03% recorded in 2025.
• Year-over-year, Net Margin jumped 1383 bps in 2023 and tumbled 1410 bps in 2024.
• Over 5 years, Net Margin stood at 1.92% in 2022, then surged by 721 bps to 15.74% in 2023, then sank by 90 bps to 1.64% in 2024, then sank by 118 bps to 0.29% in 2025, then sank by 963 bps to 3.13% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 3.13% in Q1 2026, 0.29% in Q4 2025, and 1.03% in Q3 2025.