Filing Flows › Coupang (CPNG) › Operating margin
Coupang (CPNG) operating margin by quarter
Coupang's operating margin was 1.7% in Q3 2025 (third quarter 2025), +0.0 pts from Q2 2025. Over the last 3 quarters it ranged from 1.7% (Q2 2025) to 1.9% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2025 | 1.7% | +0.0 pts | — |
| Q2 2025 | 1.7% | -0.2 pts | — |
| Q1 2025 | 1.9% | — | — |
Q3 2025 at a glance
Coupang, Q3 2025: revenue $9.3B (+18% year over year), operating margin 1.7%, net earnings $95.0M, operating cash flow $792M. The chart follows the revenue to costs, profit and cash.
Questions
What is Coupang's operating margin?
Coupang's operating margin was 1.7% in Q3 2025 (third quarter 2025), +0.0 pts from Q2 2025.
How has Coupang's operating margin changed?
Over the last 3 quarters it ranged from 1.7% (Q2 2025) to 1.9% (Q1 2025).