Company / Operating Margin
Coupang, Inc. Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
1.4%
FY2025
5-year range
-8.1% / 1.9%
FY2021-FY2025
Trend
-4.9%
vs FY2024
Sector context
#167 of 195
Consumer Discretionary
What the data says
Coupang, Inc.'s operating margin of 1.4% is lower than 86% of companies in the Consumer Discretionary sector (FY2025). Operating Margin has fluctuated over the past 7 years, ranging from -10.2% in FY2019 to 1.9% in FY2023.
Based on SEC 10-K filings.
1.4% in FY2025 with a 5-year CAGR of +5.7%.
Declined from 1.9% to 1.4% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +1.9pp
- 5-Year Change
- +5.7pp
- 10-Year Change
- -
Sector benchmark
Bottom 14% in Consumer DiscretionaryTop 86% of 195This company 1.4% Sector average 3.6%
▼
-61.8% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 4.9% year-over-year.
- Currently 2.2pp below the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2019.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 1.4% | -4.9% |
| FY2024 | 1.4% | -25.8% |
| FY2023 | 1.9% | +459.3% |
| FY2022 | -0.5% | +93.3% |
| FY2021 | -8.1% | -88.3% |
| FY2020 | -4.3% | +57.9% |
| FY2019 | -10.2% | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026