secwatch.observer — SEC 8-K summary
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Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001834584-23-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458423000051/0001834584-23-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458423000051/cpng-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001834584-23-000051

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