secwatch.observer — SEC 8-K summary
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Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001834584-24-000086
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coupang Q3 2024: Revenue $7.9B (+27% YoY), Net Income $70M, EPS $0.04
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- Net revenues $7.9B (+27% YoY, +32% FX-neutral); excluding Farfetch, growth 20% reported.
- Gross profit $2.3B (+45% YoY), margin 28.8% (up 350 bps); Product Commerce EBITDA $470M, margin 6.8%.
- Net income attributable $70M ($0.04 diluted EPS), down from $91M; excluding Farfetch, net income $108M.
- Product Commerce Active Customers 22.5M (+11%); Developing Offerings rev $975M (+347%), EBITDA -$127M.
- CFO: Farfetch near break-even earlier than planned; trailing FCF $935M (down $920M YoY on working capital).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458424000086/0001834584-24-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458424000086/cpng-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001834584-24-000086

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