Coupang Announces Results for First Quarter 2026

Coupang reported Q1 2026 revenue of $8.5 billion, up 8% year-over-year, but profitability deteriorated significantly with net income swinging to a $266 million loss and Adjusted EBITDA plummeting 92% to $29 million. The company highlighted continued growth in its Developing Offerings segment, which saw revenue jump 28%, while Product Commerce revenue grew a more modest 4%.

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