As of the latest data point for Q4'25, Coupang's operation income stands at USD 8M, marking a significant decrease from the previous quarter's USD 162M. The year-over-year change for this period is -97.44%, indicating a sharp decline compared to Q4'24. From Q1'23 to Q4'25, Coupang's operation income has demonstrated considerable volatility, with notable swings between positive and negative values. After a dip into negative territory in Q2'24 (-USD 25M), the company rebounded strongly, peaking at USD 312M in Q4'24 before experiencing another sharp drop by Q4'25. The YoY growth rates mirror this volatility, with periods of strong growth (Q2'25 at 696%) followed by steep declines, highlighting an unstable trend in operational profitability over the observed period.