Coupang's revenue growth has decelerated from roughly 27% year over year in 2024Q3 to 7.5% in 2026Q3, while operating margin swung from a 3.9% profit in 2024Q4 to a negative 6.3% in 2026Q2 as SG&A climbed from $2.2B to $3.0B per quarter.
Price trend, volume and key moving averages
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Revenue growth has slowed to 7.5% in 2026Q3 from roughly 27% a year earlier, and operating margin has turned negative at -4.5% in 2026Q3 and -6.3% in 2026Q2 as SG&A expanded to $3.0B against gross profit of $2.6B.
Coupang's signature Rocket Delivery service offers free, fast delivery to WOW members, enhancing customer loyalty and competitive advantage in South Korea.
Dubbed the 'Amazon' of Korea, Coupang is the leading e-commerce and logistics provider with over 100 fulfillment centers, solidifying its market dominance.
The WOW membership program drives recurring revenue with perks like free dawn deliveries and year-round free shipping, boosting customer retention.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 3, 2026 | -$0.18-90.3% vs -$0.09 | $10.0B+2.1% vs $9.8B |
Q3 2026 Aug 4, 2026 | -$0.32-19.0% vs -$0.27 | $8.9B-0.7% vs $8.9B |
Q2 2026 May 5, 2026 | -$0.15-60.7% vs -$0.09 | $8.5B+0.3% vs $8.5B |
Q1 2026 Feb 26, 2026 | -$0.01-134.5% vs $0.03 | $8.8B-2.5% vs $9.1B |
Coupang serves about 24.7 million active customers through a delivery network it owns end to end, and its WOW membership program keeps those customers coming back. DICK'S Sporting Goods closed its Foot Locker acquisition in September 2025, and the deal has already pushed management to lower its full-year earnings guidance.
Davidson Kahn Capital Management LLC decreased its position in shares of Coupang, Inc. (NYSE: CPNG) by 36.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 173,908 shares of the company's stock after selling 101,702 shares during the quarter. Coupang makes up
Airbnb maintains a capital-light business model with a global footprint and high net margins. Coupang dominates the South Korean e-commerce market with an integrated, end-to-end logistics network.
The latest trading day saw Coupang, Inc. (CPNG) settling at $13.75, representing a -1.08% change from its previous close.
Benchmark CPNG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Coupang, Inc. (CPNG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $16.29 | $29.28B | -21.45 | 14.09% | -3.77% | -37.92% | — | |
| $259.30 | $2.79T | 21.03 | 12.38% | 16.9% | 26.71% | — | |
| $75.73 | $45.46B | 30.26 | 36.38% | 5.91% | 13.37% | — | |
| $29.11 | $40.87B | 18.55 | 12.97% | 1.12% | 5.08% | 3.59% | |
| $1510.00 | $76.55B | 40.50 | 39.06% | 4.91% | 25.15% | — | |
| $109.45 | $255.42B | 23.99 | 2.74% | 7.04% | 6.6% | 1.92% |
Coupang, Inc. (CPNG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Coupang, Inc. (CPNG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 3, 2026·SEC
Aug 4, 2026·SEC
Jun 12, 2026·SEC
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Coupang, Inc. (CPNG) stock FAQ — growth, dividends, profitability & financials explained
Coupang, Inc. (CPNG) reported $36.16B in revenue over the trailing twelve months. Revenue was $34.53B in fiscal year 2025. That is 752% more than the $4.05B of fiscal year 2018.
Coupang, Inc. (CPNG) grew revenue by 7.4% over the trailing twelve months, compared with the twelve months before.
No. Coupang, Inc. (CPNG) reported a net loss of $1.36B over the trailing twelve months.
Coupang, Inc. (CPNG) had a return on equity (ROE) of -37.9% over the trailing twelve months. A negative ROE means the company lost money over the period.
Coupang, Inc. (CPNG) had negative free cash flow of $412.0M over the trailing twelve months.
