---
schema_version: "secwatch.filing_event.v1"
accession: "0001834584-26-000039"
form_type: "8-K"
ticker: "CPNG"
cik: "0001834584"
company_name: "Coupang, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:33:16.254248+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Coupang Q1 net loss $266M; revenues up 8% but operating loss of $242M

## Summary
- Total net revenues $8.5B (+8% YoY); net loss $(266)M vs income $107M; diluted EPS $(0.15).
- Adjusted EBITDA $29M (0.3% margin), down 92% YoY from $382M.
- Product Commerce rev $7.2B (+4%), segment EBITDA $358M (-35%). Developing Offerings rev $1.3B (+28%), EBITDA loss $(329)M (widened 96%).
- Repurchased 20.4M shares for $391M; Board approved additional $1B buyback.
- Operating cash flow TTM $1.6B (-21%); free cash flow TTM $301M (-71%).

## SEC filing metadata
- accession: 0001834584-26-000039
- form_type: 8-K
- ticker: CPNG
- cik: 0001834584
- company_name: Coupang, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834584/000183458426000039/0001834584-26-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834584/000183458426000039/cpng-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834584-26-000039
- JSON: https://secwatch.observer/filing/0001834584-26-000039.json
- Plain text: https://secwatch.observer/filing/0001834584-26-000039.txt

## Key facts
- Earnings Releases
  Coupang, Inc. reported first quarter ended March 31, 2026 results: revenue $8.5 billion, net income $(266) million, EPS $(0.15).
  - Period: first quarter ended March 31, 2026
  - Revenue: $8.5 billion
  - Net income: $(266) million
  - EPS: $(0.15)
  - Result: reported results
  source text: 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 2026 Net Revenues of $8.5 billion, up 8% YoY and 8% on a constant currency basis Product Commerce Segment Net Revenues of $7.2 billion, up 4% YoY and 5% on a constant currency basis Developing Offerings Segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834584/000183458426000039/0001834584-26-000039-index.htm

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