Coupang Q4 2023 revenues $6.6B (+23% YoY); net income $1.0B

Coupang, Inc.

2023-FY EPS reported $0.75 revenue$24,383,000,000

Q4 net revenues $6.6B (+23% YoY); gross profit $1.7B (+32% YoY); net income $1.0B includes $895M tax benefit.
Adjusted EBITDA $294M (4.5% margin, +50bps YoY); Product Commerce EBITDA $444M (7.1% margin).
Active customers 21M (+16% YoY); WOW paid members 14M at year-end (+27% YoY).
Full-year free cash flow $1.8B (vs -$246M in 2022); operating cash flow $2.7B.
Developing Offerings rev $273M (+105% YoY) but segment EBITDA -$150M (vs -$55M prior year).

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 0.9

Coupang, Inc. reported financial results for fourth quarter 2023 and year ended December 31, 2023.

Period: fourth quarter 2023 and year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 27, 2024, Coupang, Inc. released its financial results for the fourth quarter 2023 and year ended December 31, 2023. A copy of the press release is attached as Exhibit 99.1 to this current Report on Form 8-K and is incorporated herein by reference.

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Coupang, Inc. filing history →

Source: SEC EDGAR

accession 0001834584-24-000018

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