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Jun 30, 2023
Coupang Q2 2023 Earnings Report
Coupang's Q2 2023 financial results were announced, demonstrating significant growth and profitability improvements.
Key Takeaways
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.
Net revenues increased by 16% year-over-year to $5.8 billion.
Gross profit grew by 32% year-over-year to $1.5 billion.
Net income was $145 million, a $221 million improvement year-over-year.
Active customers increased by 10% year-over-year, reaching 19.7 million.
Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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