secwatch.observer — SEC 8-K summary
======================================

Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001834584-26-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coupang Q4 2025: Net loss $26M, data breach impacts 33M accounts; revenue +11% to $8.8B
--------------------------------------------------------------------------------

- Net loss of $26M vs $156M net income YoY; diluted EPS -$0.01 (down $0.09 YoY).
- Revenue $8.8B, up 11% YoY (14% constant currency); gross profit margin 28.8%.
- Product Commerce EBITDA $567M (+5% YoY); Developing Offerings loss $300M (widened $182M).
- Data incident: 33M user accounts accessed by former employee; no financial or login data taken.
- FY2025 free cash flow $527M (down 48% YoY); repurchased 8.8M shares for $243M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458426000022/0001834584-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458426000022/cpng-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001834584-26-000022

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