Coupang reported a gross margin of 28.16% and a net margin of -6.44% for the quarter ended Jun 2026. These financial ratios cover 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||
| Gross Margin | 16.24% | 15.87% | 20.39% | 22.90% | 24.19% | 24.01% | 24.48% | 26.10% | 25.32% | 25.61% | 27.12% | 29.25% | 28.85% | 31.27% | 29.29% | 30.04% | 29.35% | 28.79% | 27.01% | 28.16% | ||||||
| EBT Margin | -6.97% | -7.97% | -4.09% | -1.49% | 1.91% | 1.76% | 2.14% | 2.93% | 1.89% | 2.62% | 0.83% | 0.04% | 1.68% | 3.50% | 2.73% | 2.28% | 1.78% | 0.25% | -3.00% | -6.02% | ||||||
| EBIT Margin | -6.78% | -7.81% | -4.02% | -1.33% | 1.52% | 1.57% | 1.84% | 2.54% | 1.42% | 2.00% | 0.56% | -0.34% | 1.39% | 3.92% | 1.95% | 1.75% | 1.75% | 0.09% | -2.85% | -6.28% | ||||||
| EBITDA Margin | -6.78% | -7.81% | -4.02% | -1.33% | 1.52% | 1.57% | 1.84% | 2.54% | 1.42% | 2.00% | 0.56% | -0.34% | 1.39% | 3.92% | 1.95% | 1.75% | 1.75% | 0.09% | -2.85% | -6.28% | ||||||
| Operating Margin | -6.78% | -7.81% | -4.02% | -1.33% | 1.52% | 1.57% | 1.84% | 2.54% | 1.42% | 2.00% | 0.56% | -0.34% | 1.39% | 3.92% | 1.95% | 1.75% | 1.75% | 0.09% | -2.85% | -6.28% | ||||||
| Net Margin | -6.98% | -7.98% | -4.09% | -1.50% | 1.78% | 1.92% | 1.57% | 2.48% | 1.47% | 15.74% | -0.34% | -1.43% | 0.81% | 1.64% | 1.44% | 0.36% | 1.03% | -0.29% | -3.13% | -6.44% | ||||||
| FCF Margin | -5.28% | -7.32% | -5.74% | -3.95% | -4.42% | 8.62% | 7.00% | 7.59% | 8.60% | 5.72% | 1.48% | 6.64% | -0.58% | 5.80% | 1.45% | 2.89% | 4.74% | -3.15% | -1.32% | 0.56% | ||||||
| Efficiency | ||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 1.22B | 1.32B | 1.40B | 1.41B | 1.43B | 1.53B | 1.66B | 1.62B | 1.60B | 1.65B | 1.80B | 1.97B | 2.09B | 2.14B | 2.07B | 2.17B | 2.39B | 2.37B | 2.15B | 2.05B | ||||||
| Assets AverageAssets Avg. | 8.58B | 8.61B | 8.67B | 8.56B | 8.28B | 8.82B | 9.61B | 10.20B | 11.12B | 12.45B | 14.15B | 15.07B | 15.77B | 15.84B | 15.66B | 16.91B | 18.25B | 18.23B | 17.59B | 17.40B | ||||||
| Invested CapitalInvested Cap. | 0.39B | 0.34B | 0.19B | 0.05B | 0.16B | 0.17B | 0.22B | 0.23B | 0.38B | 0.28B | 0.27B | 0.34B | 0.38B | 0.48B | 0.56B | 0.79B | 1.37B | 0.96B | 1.67B | 1.99B | ||||||
| Asset Utilization RatioAsset Util. | 2.00 | 2.14 | 2.23 | 2.32 | 2.46 | 2.33 | 2.21 | 2.16 | 2.08 | 1.96 | 1.82 | 1.80 | 1.83 | 1.91 | 1.98 | 1.91 | 1.84 | 1.89 | 2.00 | 2.04 | ||||||
| Leverage & Solvency | ||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -42.72 | -57.05 | -27.92 | -10.93 | 11.94 | 11.91 | 13.38 | 11.38 | 6.77 | 9.36 | 1.48 | -0.68 | 3.03 | 7.80 | 6.70 | 5.96 | 7.36 | 0.50 | -18.62 | -22.24 | ||||||
| Debt Ratio | 0.06 | 0.07 | 0.09 | 0.08 | 0.09 | 0.07 | 0.09 | 0.11 | 0.11 | 0.06 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.09 | 0.11 | 0.09 | 0.13 | 0.15 | ||||||
| Times Interest Earned | -42.72 | -57.05 | -27.92 | -10.93 | 11.94 | 11.91 | 13.38 | 11.38 | 6.77 | 9.36 | 1.48 | -0.68 | 3.03 | 7.80 | 6.70 | 5.96 | 7.36 | 0.50 | -18.62 | -22.24 | ||||||
| Valuation | ||||||||||||||||||||||||||
| Enterprise Value | -3.93B | -3.49B | -3.37B | -3.11B | -2.90B | -3.51B | -3.79B | -4.47B | -4.86B | -5.23B | -5.11B | -5.44B | -5.74B | -5.80B | -6.09B | -6.80B | -7.23B | -6.32B | -6.30B | -6.11B | ||||||
| Return Ratios | ||||||||||||||||||||||||||
| Return on SalesROS | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||
| Return on Capital EmployedROCE | -30.68% | -38.60% | -34.33% | -22.92% | -13.94% | -2.98% | 4.52% | 9.13% | 9.23% | 8.60% | 6.06% | 3.24% | 3.36% | 5.36% | 7.09% | 9.60% | 9.64% | 5.33% | 0.97% | -9.29% | ||||||
| Return on Invested CapitalROIC | -0.01% | -0.01% | -0.01% | -0.01% | -0.01% | 0.00% | 0.00% | 0.01% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||
| Return on AssetsROA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |