Loading...
•
Mar 31, 2022
Coupang Q1 2022 Earnings Report
Reported a gross profit increase of 42% YoY and record revenue of $5.1B
Key Takeaways
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.
Total net revenues reached $5.1 billion, a 22% increase year-over-year.
Gross profit increased by 42% year-over-year, reaching $1.04 billion.
Net loss improved $196 million QoQ to $209 million.
Product Commerce segment achieved positive adjusted EBITDA in Q1.
Revenue by Segment
Forward Guidance
This information contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical, including statements regarding our future results of operations or financial condition, business strategy and plans, and objectives of management for future operations are forward-looking statements.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...