Loading...
•
Sep 30, 2023
Coupang Q3 2023 Earnings Report
Coupang's Q3 2023 financial results were announced, demonstrating significant year-over-year growth in revenue and active customers.
Key Takeaways
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%.
Net revenues increased by 21% year-over-year to $6.2 billion.
Gross profit grew by 27% year-over-year to $1.6 billion.
Active customers surpassed 20.4 million, representing a 14% year-over-year increase.
Developing Offerings segment revenue grew over 40% year-over-year.
Revenue by Segment
Forward Guidance
Coupang expects its consolidated margin to continue its march upwards on an annual basis.
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...