Coupang, Inc.
CPNG Consumer Cyclical Internet Retail
Coupang, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $34.5 billion, up 14.1% from fiscal 2024.
- Revenue
- +7.50%
- EPS
- −660.0%
- Free cash flow
- −116.3%
- Total debt
- −80.7%
Quarter to September 2026, against a year earlier
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Coupang, Inc. (CPNG) Operating margin
Coupang, Inc.'s operating margin over the twelve months to 30 September 2026 was −3.43%, down 4.8 percentage points from fiscal 2025 (1.37%). Over the past ten years it has ranged from −51.9% (fiscal 2018) to 1.94% (fiscal 2023); the current reading is higher than 75% of that period. That is below the Internet Retail industry median of 0.76% and below the Consumer Cyclical sector median of 3.97%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 1.37% | (0.07) |
| FY2024 | 1.44% | (0.50) |
| FY2023 | 1.94% | 2.48 |
| FY2022 | −0.54% | 7.58 |
| FY2021 | −8.12% | (3.81) |
| FY2020 | −4.31% | 5.95 |
| FY2019 | −10.3% | 41.64 |
| FY2018 | −51.9% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | −4.52% | 1.76 |
| Jun 2026 | −6.28% | (3.43) |
| Mar 2026 | −2.85% | (2.94) |
| Dec 2025 | 0.09% | (1.66) |
| 23 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| EBAY eBay Inc. compare | 20.3% |
| CART Maplebear Inc. compare | 14.8% |
| MELI MercadoLibre, Inc. compare | 8.26% |
| SE Sea Limited Sponsored ADR compare | 8.24% |
| DASH DoorDash, Inc. compare | 5.25% |
| CHWY Chewy compare | 2.51% |
| W Wayfair Inc. compare | 1.67% |
| JD JD.com, Inc. compare | 0.15% |
| CPNG Coupang, Inc. | −3.43% |
| Internet Retail industry median | 0.76% |
| Consumer Cyclical sector median | 3.97% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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