---
schema_version: "secwatch.filing_event.v1"
accession: "0001834584-25-000156"
form_type: "8-K"
ticker: "CPNG"
cik: "0001834584"
company_name: "Coupang, Inc."
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:58:46.247239+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Coupang Q2 2025: Revenue $8.5B (+16% YoY); operating income $149M vs loss last year; EPS $0.02

## Summary
- Net revenues $8.5B, up 16% YoY (19% FX-neutral); gross profit $2.6B, up 20%, margin 30.0% (+79 bps).
- Operating income $149M, up $174M YoY; net income $31M vs loss $105M; diluted EPS $0.02 vs ($0.04).
- Adjusted EBITDA $428M, margin 5.0% (+51 bps); trailing-12-month free cash flow $784M, down $729M YoY.
- Product Commerce: revenues $7.3B (+14% reported, +17% FX-neutral), active customers 23.9M (+10%), segment EBITDA $663M, margin 9.0% (+80 bps).
- Developing Offerings: revenues $1.2B (+33%), segment EBITDA loss $235M (loss widened by $35M YoY).

## SEC filing metadata
- accession: 0001834584-25-000156
- form_type: 8-K
- ticker: CPNG
- cik: 0001834584
- company_name: Coupang, Inc.
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834584/000183458425000156/0001834584-25-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834584/000183458425000156/cpng-20250805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834584-25-000156
- JSON: https://secwatch.observer/filing/0001834584-25-000156.json
- Plain text: https://secwatch.observer/filing/0001834584-25-000156.txt

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