Coupang Q2 net revenue $5.8B (+16% YoY), net income $145M, adj. EBITDA $300M

Coupang, Inc.

2023-Q2 EPS reported $0.13 revenue$11,638,419,000

Net revenue $5.8B, +16% YoY (+21% FX-neutral); gross profit $1.5B (+32% YoY); margin 26.1%.
Net income $145M vs loss $75M a year ago; diluted EPS $0.08 vs -$0.04.
Adjusted EBITDA $300M (5.1% margin), up 354% YoY; Product Commerce segment EBITDA margin 7.2%.
Active customers 19.7M (+10% YoY); trailing 12-month operating cash flow $2.0B and free cash flow $1.1B.
Developing Offerings segment EBITDA -$107M (loss widened from -$32M); accounting change in FLC revenue had ~100 bps impact.

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 0.98

Coupang, Inc. reported second quarter 2023 results: revenue $5.8 billion, net income $145 million, EPS $0.08.

Period: second quarter 2023
Revenue: $5.8 billion
Net income: $145 million
EPS: $0.08
Result: reported results

Exact text from the filing

Coupang Announces Results for Second Quarter 2023 Net Revenues of $5.8 billion

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Coupang, Inc. filing history →

Source: SEC EDGAR

accession 0001834584-23-000051

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