Loading...
•
Sep 30, 2025
Coupang Q3 2025 Earnings Report
Coupang reported strong third-quarter results for 2025, with significant growth in net revenues, gross profit, and operating income.
Key Takeaways
Coupang delivered a robust performance in Q3 2025, with net revenues reaching $9.3 billion, an 18% year-over-year increase. Gross profit also saw a substantial rise to $2.7 billion, up 20% from the previous year, and operating income increased by $53 million to $162 million. The company's Product Commerce segment continued to be a strong driver of growth, while the Developing Offerings segment also showed significant revenue expansion.
Net revenues increased by 18% year-over-year to $9.3 billion, and 20% on a constant currency basis.
Gross profit grew by 20% year-over-year to $2.7 billion, with a gross profit margin of 29.4%.
Operating income reached $162 million, marking a 49% increase compared to the prior year.
Diluted EPS was $0.05, an increase of $0.01 over last year, and Adjusted EBITDA was $413 million with a 4.5% margin.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Coupang's forward-looking statements indicate continued focus on growth strategies, investments in new products, and expansion into new markets, while acknowledging potential risks from market dynamics and global economic factors.
Positive Outlook
- Anticipated or target revenues, margins, and cash flows are expected to grow.
- Planned investments in new products and offerings are expected to yield positive outcomes.
- Continued growth of the retail market and increased acceptance of online transactions are favorable trends.
- Strategies are in place for managing growth and expansion into new markets and offerings.
- Focus on retaining existing suppliers and adding new ones to support business expansion.
Challenges Ahead
- Potential for actual results and outcomes to differ materially from expectations.
- Risks and uncertainties regarding changes in consumer preferences and spending patterns.
- Competition in the industry could impact financial performance.
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...