Earnings ·
Reports Q3 net revenues of $10 billion and a $501 million net loss
CPNGCoupang, Inc.
Coupang reported third-quarter 2026 total net revenues of $9.96 billion, up 7% year-over-year on a reported basis and 11% on a constant currency basis. The company posted a net loss attributable to stockholders of $501 million, compared to a net income of $95 million in the prior-year period. Operating loss widened to $450 million from an operating income of $162 million previously. Gross profit declined 6% year-over-year to $2.56 billion, with margins contracting by 364 basis points to 25.7%. The Developing Offerings segment saw strong growth, with revenues rising 23% to $1.6 billion. Additionally, the company repurchased 12.7 million shares for $201 million during the quarter. Coupang operates an e-commerce and logistics platform providing retail, delivery, and fintech services.