secwatch.observer — SEC 8-K summary
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Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001834584-22-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458422000072/0001834584-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458422000072/cpng-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001834584-22-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer