---
schema_version: "secwatch.filing_event.v1"
accession: "0001834584-22-000033"
form_type: "8-K"
ticker: "CPNG"
cik: "0001834584"
company_name: "Coupang, Inc."
filed_at: "2022-05-11T23:59:59+00:00"
generated_at: "2026-06-25T21:11:41.019884+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coupang Q1 2022 revenue $5.1B (+22% YoY), gross profit up 42% to $1.04B, Product Commerce turns profitable

## Summary
- Total net revenues $5.1B, up 22% YoY (32% constant currency); record quarterly revenue.
- Gross profit $1.04B (+42% YoY); gross margin 20.4%, both all-time highs.
- Net loss improved to $209M (from $295M YoY); adjusted EBITDA loss narrowed to $91M.
- Product Commerce segment achieved positive adjusted EBITDA of $2.9M, a first.
- Active customers 18.1M (+13% YoY); Developing Offerings revenue $180.6M (+65% YoY).

## SEC filing metadata
- accession: 0001834584-22-000033
- form_type: 8-K
- ticker: CPNG
- cik: 0001834584
- company_name: Coupang, Inc.
- filed_at: 2022-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1834584/000183458422000033/0001834584-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834584/000183458422000033/cpng-20220511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834584-22-000033
- JSON: https://secwatch.observer/filing/0001834584-22-000033.json
- Plain text: https://secwatch.observer/filing/0001834584-22-000033.txt

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