{"schema_version":"secwatch.filing_event.v1","accession":"0001834584-23-000016","form_type":"8-K","ticker":"CPNG","cik":"0001834584","company_name":"Coupang, Inc.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.947496+00:00","generated_at":"2026-06-18T22:41:21.536360+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Coupang Q4 net income $102M (record profit); revenue $5.3B (+21% FX-neutral); raises long-term EBITDA guidance to 10%+","bullets":["Q4 net income $102M vs loss $405M YoY; adjusted EBITDA $211M (4.0% margin) vs loss $285M.","Total net revenues $5.3B, up 5% reported / 21% FX-neutral; full-year revenue $20.6B (+26% FX-neutral).","Product Commerce segment adjusted EBITDA margin hit record 5.1% in Q4; full-year margin 3.0% (+500 bps).","WOW paid members 11M at year-end, up >20% YoY; free cash flow TTM improved to $(246)M from $(1.1B).","CFO updated long-term adjusted EBITDA guidance to 10% or higher; expects margin expansion in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001834584-23-000016","json":"https://secwatch.observer/filing/0001834584-23-000016.json","markdown":"https://secwatch.observer/filing/0001834584-23-000016.md","text":"https://secwatch.observer/filing/0001834584-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834584/000183458423000016/0001834584-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834584/000183458423000016/cpng-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:41:21.536360+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"253d246eb75435478452bc8fe3532b22925b178a","claim":"Coupang, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $5.3 billion, net income $102 million. Guidance raised.","evidence_excerpt":"Coupang Announces Results for Fourth Quarter 2022 Total net revenues of $5.3 billion, up 21% year over year on an FX-neutral basis Net income of $102 million, representing record profit Adjusted EBITDA of $211 million and a margin of 4.0%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834584/000183458423000016/0001834584-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$5.3 billion"},{"label":"Net income","value":"$102 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"acab257ea767b749f0faa7c8af84c82d56e1f798","claim":"Coupang, Inc. reported the year ended December 31, 2022 results: revenue $20.6 billion, net income $92 million. Guidance raised.","evidence_excerpt":"FY2022 Key Financial and Operational Highlights • Total net revenues was $20.6 billion, increasing 12% YoY on a reported basis, or 26% YoY on an FX-neutral basis. • Total gross profit improved 60% YoY to $4.7 billion, with gross profit margin of 22.9%, an expansion of over 680 bps YoY. • Net loss was $92 million, an improvement of $1.5 billion over 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834584/000183458423000016/0001834584-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$20.6 billion"},{"label":"Net income","value":"$92 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}