Coupang, Inc. (CPNG) Form 10-Q — Nov 3, 2026
Coupang reported Q3 2026 revenue of $9.96B, up 7% (11% constant currency), but swung to a net loss of $501M versus $95M net income a year ago, with diluted EPS of -$0.28.
Key figures
- Revenue
- 9962000000
- Revenue Yoy
- 7% (Q3 2026 vs Q3 2025); 11% constant currency
- Total Assets
- 18294000000
- Cash Position
- 5444000000
- Gross profit q3
- $2,561M (down 6% YoY)
- Free cash flow q3
- -$72M; trailing twelve months -$409M
- Adjusted ebitda q3
- $116M (down 72% YoY); margin 1.2% vs 4.5%
- Incheon fire losses
- $248M ($95M inventory, $153M fixed asset impairment and other)
- Nine month net loss
- -$1,337M
- Stockholders equity
- $2.8B vs $4.6B at year-end 2025
- Buybacks nine months
- $1.1 billion / 56.4M shares; $706M remaining authorization
- Pipec administrative fines
- $410M ($278M data incident, $132M PIPA violations)
- Revenue per active customer
- $332 (+3% YoY)
- Operating cash flow nine months
- $763M (down 55% YoY)
- Product commerce active customers
- 25.2M (+2% YoY, growth slowed by data incident)
- Product commerce adjusted ebitda q3
- $385M (down 45% YoY)
- Developing offerings revenue growth q3
- 23%
AI analysis
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