---
schema_version: "secwatch.filing_event.v1"
accession: "0001834584-24-000018"
form_type: "8-K"
ticker: "CPNG"
cik: "0001834584"
company_name: "Coupang, Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:51:41.223469+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001834584-24-000018
- form_type: 8-K
- ticker: CPNG
- cik: 0001834584
- company_name: Coupang, Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834584/000183458424000018/0001834584-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834584/000183458424000018/cpng-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834584-24-000018
- JSON: https://secwatch.observer/filing/0001834584-24-000018.json
- Plain text: https://secwatch.observer/filing/0001834584-24-000018.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834584/000183458424000018/0001834584-24-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.