---
schema_version: "secwatch.filing_event.v1"
accession: "0001834584-22-000011"
form_type: "8-K"
ticker: "CPNG"
cik: "0001834584"
company_name: "Coupang, Inc."
filed_at: "2022-03-02T23:59:59+00:00"
generated_at: "2026-06-27T02:34:42.381194+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coupang Q4 revenue $5.1B (+34% YoY, constant currency +39%); net loss $405M

## Summary
- Total net revenues $5.1B (+34% YoY); constant currency growth 39%.
- Net loss $405M vs $83M in Q4'20; adjusted EBITDA loss $285M vs $82M.
- Active customers 17.9M (+21% YoY); paid WOW members ~9M at year-end.
- Q4 included ~$130M incremental costs from heightened COVID-19 conditions in Korea.
- Q1 2022: gross margin expected to improve by over 250 bps; constant-currency revenue growth low-30%.

## SEC filing metadata
- accession: 0001834584-22-000011
- form_type: 8-K
- ticker: CPNG
- cik: 0001834584
- company_name: Coupang, Inc.
- filed_at: 2022-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834584/000183458422000011/0001834584-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834584/000183458422000011/cpng-20220302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834584-22-000011
- JSON: https://secwatch.observer/filing/0001834584-22-000011.json
- Plain text: https://secwatch.observer/filing/0001834584-22-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.