---
schema_version: "secwatch.filing_event.v1"
accession: "0001834584-22-000072"
form_type: "8-K"
ticker: "CPNG"
cik: "0001834584"
company_name: "Coupang, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:53:57.756245+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001834584-22-000072
- form_type: 8-K
- ticker: CPNG
- cik: 0001834584
- company_name: Coupang, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834584/000183458422000072/0001834584-22-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834584/000183458422000072/cpng-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834584-22-000072
- JSON: https://secwatch.observer/filing/0001834584-22-000072.json
- Plain text: https://secwatch.observer/filing/0001834584-22-000072.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834584/000183458422000072/0001834584-22-000072-index.htm

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