Coupang Q3 net revenue $5.1B (+27% FX-neutral), record net income $91M, Adj EBITDA $195M

Coupang, Inc.

2022-Q3 EPS reported -$0.11 revenue$15,255,841,000

Total net revenues $5.1B, up 10% reported / 27% FX-neutral YoY; gross profit $1.2B, margin 24.2% (+800bps YoY).
Net income of $91M (record); Adjusted EBITDA $195M (3.8% of revenue), a $129M QoQ improvement.
Product Commerce (99% of revenue) grew 28% FX-neutral; segment adjusted EBITDA margin 4.8% (record).
Active customers 17.99M (+7%); net revenue per active customer $284 (+3%) / $329 constant currency (+19%).
Developing Offerings revenue $154M (-6% reported / +10% FX-neutral); segment EBITDA loss narrowed to $44M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Coupang, Inc. reported the third quarter ended September 30, 2022 results: revenue $5,101,334, net income $90,679.

Period: the third quarter ended September 30, 2022
Revenue: $5,101,334
Net income: $90,679
Result: reported results

Exact text from the filing

2022 Results • Consolidated Financial Summary Three Months Ended September 30, (in thousands, except net revenues per Active Customer) 2022 2021 % Change Total net revenues $ 5,101,334 $ 4,644,705 10 % Total net revenues growth, constant currency (1) 27 % Active Customers 17,992 16,823 7 % Total net revenues per Active Customer $ 284 $ 276 3 % Total net revenues

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Coupang, Inc. filing history →

Source: SEC EDGAR

accession 0001834584-22-000072

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