Kevin M. Warsh
On May 13, 2026, the U.S. Senate confirmed Mr. Warsh as Federal Reserve Chair and Mr. Warsh resigned as a director of the Company effective immediately.
Highest-materiality recent filing
Coupang faces ~$410M in Korean PIPC fines over data incident and ad program violations
Korean PIPC announced ~$278M fine for Nov 2025 data incident at Coupang Corp subsidiary.
Coupang Q1 net loss $266M; revenues up 8% but operating loss of $242M
Total net revenues $8.5B (+8% YoY); net loss $(266)M vs income $107M; diluted EPS $(0.15).
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).
Coupang confirms 33M accounts accessed in cyber breach; to issue $1.2B in customer vouchers
Perpetrator accessed 33M accounts using stolen security key; only retained data from ~3,000 accounts (name, email, address, phone, 2,609 building codes). No payment or login data.
Incident discovered Nov 18, 2025; former employee obtained name, phone, delivery address, email for up to 33M accounts.
Coupang Q3 revenue $9.3B (+18% YoY); operating income $162M, up 49%
Net revenue $9.3B, up 18% YoY (20% constant currency); diluted EPS $0.05 vs $0.04.
Coupang Q2 2025: Revenue $8.5B (+16% YoY); operating income $149M vs loss last year; EPS $0.02
Net revenues $8.5B, up 16% YoY (19% FX-neutral); gross profit $2.6B, up 20%, margin 30.0% (+79 bps).
Coupang enters $1.5B unsecured revolving credit facility, replacing prior facility.
New $1.5B unsecured revolving credit facility, five-year term, extendable up to two additional one-year terms.
Coupang Q1 net revenue $7.9B (+11% YoY); net income $114M vs loss; authorizes $1B buyback
Net revenues $7.9B (+11% YoY; +21% FX-neutral); gross profit $2.3B (+20%; +31% FX-neutral).
Coupang acquires Greenoaks' 19.9% stake in Farfetch-owning entity for $140M
Coupang paid $14.1M cash and issued 5.47M shares of Class A stock to Greenoaks.
Q4 net revenue $8.0B, up 21% reported and 28% FX-neutral; ex-Farfetch growth 14% reported.
Coupang Q3 2024: Revenue $7.9B (+27% YoY), Net Income $70M, EPS $0.04
Net revenues $7.9B (+27% YoY, +32% FX-neutral); excluding Farfetch, growth 20% reported.
Coupang Q2 2024 revenue $7.3B (+25% YoY); net loss $77M on Farfetch drag and KFTC fine
Net revenues $7.3B (+25% YoY, +30% FX-neutral); gross profit $2.1B (+41% YoY) with margin 29.3% (up 310 bps).
Korea Fair Trade Commission rules Coupang's search ordering deceptive; company to appeal
KFTC announced on June 12, 2024 that Coupang's search ordering is deceptive and violates Korean law.
Coupang Q1 revenue up 23% to $7.1B; net income falls 95% to $5M on Farfetch losses
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.
Coupang Q4 2023 revenues $6.6B (+23% YoY); net income $1.0B
Q4 net revenues $6.6B (+23% YoY); gross profit $1.7B (+32% YoY); net income $1.0B includes $895M tax benefit.
Coupang extends revolver maturity to 2026, cuts commitments to $875M, enables Farfetch JV
Maturity of revolving credit facility extended to February 27, 2026 (from 2024).
Coupang completes $500M acquisition of Farfetch assets; owns 80.1% of joint venture
Coupang completed acquisition of Farfetch via Surpique LP, owning 80.1% equity; Greenoaks holds 19.9%.
Coupang to acquire Farfetch business and assets, entering $400B luxury segment
Coupang acquires Farfetch via pre-pack administration; Coupang gets 80.1% equity in Athena Topco, Greenoaks 19.9%.
Coupang Q3 2023 revenue $6.2B (+21% YoY); net income $91M; active customers 20.4M
Net revenues $6.2B, up 21% YoY (18% FX-neutral); Gross profit $1.6B (+27%).
Coupang Q2 net revenue $5.8B (+16% YoY), net income $145M, adj. EBITDA $300M
Net revenue $5.8B, +16% YoY (+21% FX-neutral); gross profit $1.5B (+32% YoY); margin 26.1%.
Coupang Q1 net revenues $5.8B (+20% FX-neutral); net income $91M, positive free cash flow $451M TTM
Net revenues $5.8B, up 13% reported / 20% FX-neutral YoY; net income $91M vs -$209M prior year.
Q4 net income $102M vs loss $405M YoY; adjusted EBITDA $211M (4.0% margin) vs loss $285M.
Coupang Q3 net revenue $5.1B (+27% FX-neutral), record net income $91M, Adj EBITDA $195M
Total net revenues $5.1B, up 10% reported / 27% FX-neutral YoY; gross profit $1.2B, margin 24.2% (+800bps YoY).
Coupang Q2: record gross profit $1.2B, positive adj. EBITDA $66M, FY22 guidance raised to positive
Total net revenues $5.0B (+12% YoY, +27% on constant-currency basis); Active Customers 17.9M (+5%).
Total net revenues $5.1B, up 22% YoY (32% constant currency); record quarterly revenue.
Coupang Q4 revenue $5.1B (+34% YoY, constant currency +39%); net loss $405M
Total net revenues $5.1B (+34% YoY); constant currency growth 39%.
Coupang Q3 revenue $4.6B up 48% YoY; net loss widens to $324M
Total net revenues $4.6B, +48% YoY (constant currency +44%).
Coupang Q2 revenue up 71% to $4.48B; adjusted gross profit up 86%; net loss widens to $519M
Total net revenues $4.48B, up 71% reported, 57% constant currency; 15th consecutive quarter of >50% constant-currency growth.
On May 13, 2026, the U.S. Senate confirmed Mr. Warsh as Federal Reserve Chair and Mr. Warsh resigned as a director of the Company effective immediately.
Effective on June 1, 2025, Hanseung Kang will take a new role with Coupang, Inc. (the “Company”).
On June 21, 2024, the Board of Directors (the “Board”) of Coupang, Inc. (the “Company”) appointed Asha Sharma to serve as a director of the Board
On November 6, 2023, Tae Jung Kim, Vice President of Digital Customer Experience of Coupang, Inc. (the “Company”), notified the Company of his intention to retire from the Company, effective as of January 19, 2024.
On April 18, 2023, Harry You, a member of the Board of Directors and Audit Committee Chair of Coupang, Inc. (the “Company”), notified the Company that he will retire from the Board of Directors (the “Board”) effective as of the date of the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”).
appointed Ambereen Toubassy as a director of the Company to fill the resulting vacancy, effective March 8, 2023.
Mr. Lee succeeds Michael Parker, who is now the Company’s Vice President, Investor Relations.
On September 23, 2022, the Board of Directors of Coupang, Inc. (the “Company”) appointed Jonathan Lee to serve as Chief Accounting Officer and principal accounting officer, effective September 26, 2022.
On July 14, 2022, Thuan Pham, Chief Technology Officer of Coupang, Inc. (the “Company”), notified the Company of his intention to retire from the Company, effective as of September 15, 2022.
On April 14, 2022, the Board of Directors (the “Board”) of Coupang, Inc. (the “Company”) increased the size of the Board from six to seven members and appointed Jason Child as a director of the Company to fill the resulting vacancy, effective immediately.
On March 15, 2022, the Board of Directors (the “Board”) of Coupang, Inc. (the “Company”) appointed Pedro Franceschi as a director of the Company, effective immediately.
On October 26, 2021, Ms. Lydia Jett informed Coupang, Inc. that she is resigning from the Board of Directors effective immediately.
Max materiality 0.90 · Median 0.70 · Most common event earnings