earnings
confidence high
sentiment negative
materiality 0.80
Coupang Q3 revenue $4.6B up 48% YoY; net loss widens to $324M
Coupang, Inc.
2021-Q3 EPS reported
-$0.87
revenue$13,329,679,000
- Total net revenues $4.6B, +48% YoY (constant currency +44%).
- Active customers 16.8M (+20% YoY); net revenue per active customer $276 (+23%).
- Gross profit $755M (+62%); gross margin 16.2% up 130 bps.
- Net loss $324M vs $173M a year ago; Adjusted EBITDA loss $207M.
- Added 8M sq ft of infrastructure YTD; advertising revenue nearly tripled YoY.