Revenue segments as reported by the company.

Net retail sales

Net other revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating, general and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Coupang

Coupang, Inc. engages in operating an e-commerce platform. It operates through the Product Commerce and Growth Initiatives segments. The Product Commerce segment provides core retail and marketplace offerings and Rocket Fresh, as well as advertising products associated with these offerings. The Growth Initiatives segment includes nascent offerings and services, including Coupang Eats, Coupang Play, international and fintech initiatives. The company was founded in 2010 and is headquartered in Seattle, WA.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Earnings data Q2 2026

Earnings data Q3 2026

Coupang reports record Q3 performance, eyes Taiwan growth opportunities

Coupang's Q3 2023 Earnings Call showcased robust financial performance, strategic investments, and a focus on margin improvement. While facing challenges in margin decline and competition, the company remains optimistic about growth opportunities in Taiwan and enhancing customer experience.

Coupang reports record earnings, eyes growth in Korea and Taiwan

Coupang's strong financial performance in Q4 2023 underscores its growth trajectory, driven by investments in key initiatives and successful acquisitions. While facing challenges in EBITDA losses and tax rates, the company remains optimistic about future growth opportunities in Korea and Taiwan.

Coupang reports stellar Q1 growth, eyes SME support and AI innovation

Coupang's Q1 2024 performance reflects robust revenue growth, operational efficiency, and progress in diversifying offerings towards profitability, underpinned by a strong focus on customer experience and market expansion.
While facing challenges in a competitive market landscape, Coupang's strengths in supporting SMEs, driving innovation, and strategic investments present opportunities for sustained growth and market leadership.
By addressing operational challenges, leveraging growth opportunities, and optimizing investments, Coupang is poised to navigate market dynamics effectively and drive continued success in the e-commerce sector.

Coupang reports strong Q2 results, eyes growth amid challenges

Coupang's Q2 performance showcased robust growth driven by strategic investments and operational focus.
While the company faces challenges in margin expansion and market share gains, opportunities lie in addressing competitive responses and optimizing operations.
Overall, Coupang's diversified revenue streams and focus on innovation position it well for sustained growth and market leadership.

Coupang reports strong Q3 results, eyes growth in Farfetch profitability

Coupang's Q3 2024 earnings call showcased robust financial performance, with a focus on revenue growth, margin expansion, and customer engagement. Executives discussed key metrics, addressing analyst questions on profitability and growth strategies.

Coupang reports robust Q4 performance, eyes growth through innovation

Coupang's Q4 2024 earnings call highlighted strong financial performance, driven by revenue and profit growth, strategic investments, and a focus on customer experience. The company's strengths lie in customer-centric innovation, technology investments, and the successful Farfetch acquisition turnaround, positioning it for future growth. While facing challenges such as market trends and profitability optimization, Coupang has opportunities in market expansion, leveraging acquisitions, and maintaining operational excellence.

Coupang reports robust Q1 earnings, focuses on tech innovation

Coupang delivered a solid performance in Q1 2025, marked by revenue growth, margin expansion, and operational improvements driven by technology investments. The company's financial results, including strong adjusted EBITDA and net income, reflect its strategic focus on innovation and customer-centric services. While facing challenges in a competitive market, Coupang's strengths in technology and market positioning offer opportunities for sustained growth and value creation.

Coupang reports strong Q2 revenue growth and AI-driven operational success

Coupang's Q2 2025 performance reflects robust revenue growth, margin expansion, and operational success across key segments. Strengths in AI integration, financial performance, and market strategies position Coupang for continued growth and success. Challenges include balancing margin improvement with strategic investments and maintaining operational efficiency amidst rapid growth. Opportunities for Coupang include further AI utilization, market expansion, and sustained focus on customer-centric strategies.

Coupang reports strong Q3 earnings, eyes growth in Taiwan market

Coupang's Q3 2025 earnings call showcased robust financial performance, particularly in revenue growth and margin expansion. While facing challenges in certain segments, the company remains focused on enhancing customer experience and investing in technology for future growth.

Coupang reports solid Q4 earnings amidst data incident challenges

Coupang's Q4 2025 performance reflects robust revenue growth, customer engagement, and strategic investments despite challenges. The company's response to the data incident underscores a proactive approach to maintaining customer trust and brand reputation. Opportunities lie in technology innovation, AI integration, and leveraging market demand for Developing Offerings to drive future growth. Navigating profitability challenges and ensuring data security will be key focus areas for Coupang in the coming months.

Coupang reports resilient Q1 performance amidst margin pressures and challenges

Coupang's Q1 2026 performance was strong, marked by robust revenues and a focus on customer experience. While facing margin pressures and EBITDA losses, the company remains resilient and committed to operational excellence. Opportunities lie in leveraging WOW membership trends and optimizing operations.

Coupang reports steady Q2 growth, eyes margin recovery by 2027

Coupang's Q2 2026 performance showed steady growth in revenue and Product Commerce. Margins were affected by supply chain challenges and marketing spend. The company aims for margin recovery by mid-2027 and is focused on strengthening customer relationships and expanding offerings.

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Cost of revenue

Gross profit

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SG&A

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EBITDA

Net income

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Book value per share

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Purchase/sale of investments

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Cash from other sources

Net change in cash

Free cash flow

Coupang, Inc. engages in the provision of retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play, and Farfetch. It operates through the Product Commerce and Developing Offerings segments. The Product Commerce segment consists of the company's core retail and marketplace offerings and Rocket Fresh, its fresh grocery category offering. It also includes advertising products associated with these offerings. The Developing Offerings segment covers the company's more nascent offerings and services including: Coupang Eats, a restaurant ordering and delivery service in Korea, Coupang Play, an online content streaming service in Korea, fintech services, retail operations in Taiwan, as well as advertising products associated with these offerings. It also includes Farfetch, a global luxury fashion marketplace. The company was founded by Bom Kim in 2010 and is headquartered in Seattle, WA.