{"schema_version":"secwatch.filing_event.v1","accession":"0001834584-24-000040","form_type":"8-K","ticker":"CPNG","cik":"0001834584","company_name":"Coupang, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.581012+00:00","generated_at":"2026-06-02T19:57:40.624006+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Coupang Q1 revenue up 23% to $7.1B; net income falls 95% to $5M on Farfetch losses","bullets":["Net revenues $7.1B (+23% YoY, +28% FX-neutral); gross profit $1.9B (+36%); net income $5M (-95% YoY) due to Farfetch losses of $93M.","Excluding Farfetch, net income was $98M; adjusted diluted EPS $0.05 (flat YoY).","Product Commerce active customers 21.5M (+16%); segment revenue $6.5B (+15% reported); segment adjusted EBITDA $467M (+$179M YoY).","Developing Offerings revenue $620M (+337%); segment adjusted EBITDA -$186M includes -$31M from Farfetch; CFO sees 2024 segment loss ~$750M.","Operating cash flow TTM $2.4B (+$1.2B YoY); free cash flow TTM $1.5B (+$1.0B YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001834584-24-000040","json":"https://secwatch.observer/filing/0001834584-24-000040.json","markdown":"https://secwatch.observer/filing/0001834584-24-000040.md","text":"https://secwatch.observer/filing/0001834584-24-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834584/000183458424000040/0001834584-24-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834584/000183458424000040/cpng-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:57:40.624006+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":"e254622c483d2227a2bdfe33fe82367100c749e2","claim":"Coupang, Inc. reported first quarter ended March 31, 2024 results: revenue $7.1 billion, net income $5 million, EPS $0.00.","evidence_excerpt":"Act, except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Coupang Announces Results for First Quarter 2024 Net Revenues of $7.1 billion, up 23% YoY and 28% on an FX-neutral basis Gross Profit of $1.9 billion, up 36% YoY Operating Cash Flow of $2.4 billion and Free Cash Flow of $1.5 billion for the trailing twelve","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834584/000183458424000040/0001834584-24-000040-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$7.1 billion"},{"label":"Net income","value":"$5 million"},{"label":"EPS","value":"$0.00"},{"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"}