Coupang Earnings Reports

Coupang achieved $8.0 billion in net revenues for Q4 2024, a 21% increase year-over-year. Net income was $131 million, but net income attributable to stockholders dropped due to a non-cash tax benefit in Q4 2023. Gross profit increased significantly, with a strong performance in Product Commerce.

Coupang reported a strong Q3 2024 with net revenues of $7.9 billion, a 27% year-over-year increase, and a gross profit increase of 45% to $2.3 billion. Excluding Farfetch, revenue grew by 20%. The company achieved a net income of $64 million and an adjusted EBITDA of $343 million.

Coupang reported a strong second quarter in 2024, with net revenues increasing by 25% year-over-year to $7.3 billion and gross profit up by 41% to $2.1 billion. Excluding Farfetch, net revenues grew by 18% YoY, and gross profit increased by 27% YoY. The company's Product Commerce segment saw a 13% increase in net revenues and a significant rise in adjusted EBITDA. Net loss was $105 million, which included the operating losses incurred at Farfetch and $121 million relating to the estimated KFTC administrative fine.

Coupang reported a strong first quarter in 2024, with net revenues increasing by 23% year-over-year to $7.1 billion. The company's gross profit rose by 36% to $1.9 billion, and it achieved a net income of $5 million. Excluding Farfetch, net income attributable to Coupang stockholders was $98 million.

Coupang reported strong Q4 2023 results with a 23% YoY increase in net revenues to $6.6 billion and a 32% YoY increase in gross profit to $1.7 billion. The company's active customers surpassed 21 million, demonstrating substantial growth and customer engagement.

Coupang's Q3 2023 results showed strong growth with net revenues up 21% YoY to $6.2 billion and active customers increasing by 14% to surpass 20.4 million. The company's gross profit rose by 27% YoY to $1.6 billion, and net income was $91 million. Developing Offerings segment also experienced substantial revenue growth of over 40%.

Coupang reported a 16% YoY increase in net revenues to $5.8 billion and a 32% increase in gross profit to $1.5 billion. Net income improved by $221 million YoY to $145 million, and the company generated $2.0 billion in operating cash flow and $1.1 billion in free cash flow over the trailing twelve months.

Coupang reported a 13% YoY increase in net revenues to $5.8 billion and achieved a positive free cash flow of $451 million for the trailing twelve months. Net income reached $91 million, a $300 million improvement YoY, and gross profit increased by 36% to $1.4 billion.

Coupang reported a strong Q4 2022 with total net revenues of $5.3 billion, a net income of $102 million, and an adjusted EBITDA of $211 million. The company saw significant year-over-year improvements in gross profit and adjusted EBITDA, demonstrating progress towards profitability. They are updating their long-term adjusted EBITDA guidance to 10% or higher.

Coupang reported total net revenues of $5.1 billion, up 27% year over year on an FX-neutral basis. The company achieved a record net income of $91 million and an adjusted EBITDA of $195 million, representing 3.8% of total net revenue.

Coupang, Inc. announced financial results for its second quarter ended June 30, 2022. The company achieved positive adjusted EBITDA on a consolidated basis, generating $66 million. Total net revenues was $5.0 billion, up 12% year over year.

Coupang announced its Q1 2022 financial results, revealing a 22% year-over-year increase in total net revenues, reaching $5.1 billion. The company's gross profit soared by 42% year-over-year to $1.04 billion, with a significant improvement in gross profit margin. Coupang's Product Commerce segment achieved profitability in Q1, marking a substantial milestone.

Coupang reported a 74% increase in total net revenues, reaching $4.2 billion. Active customers grew by 21% to 16 million, and revenue per active customer increased by 44% to $262. However, the company experienced a net loss of $295 million, driven by increased operating, general, and administrative costs.