CPNG Q1 2025

Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Coupang delivered a mixed but broadly encouraging first quarter, beating profit expectations while falling just short on revenue as a weakened Korean Won weighed on reported figures. The South Korean e-commerce giant posted diluted EPS of $0.06, clea… Read more Coupang delivered a mixed but broadly encouraging first quarter, beating profit expectations while falling just short on revenue as a weakened Korean Won weighed on reported figures. The South Korean e-commerce giant posted diluted EPS of $0.06, clearing the consensus estimate of $0.05 by 21.46%, while net revenues of $7.91 billion rose 11.2% year-over-year but came in 1.30% below analyst expectations of $8.01 billion. The headline revenue miss, however, obscures stronger underlying momentum: on an FX-neutral basis, consolidated revenues grew 21%, with the core Product Commerce segment expanding 16% in constant currency terms. Profitability showed meaningful improvement, with operating income climbing to $154.00 million from $40.00 million a year ago and net income reaching $107.00 million compared to just $5.00 million in Q1 2024. Adjusted EBITDA expanded to $382.00 million, representing a 4.8% margin. The company also announced a $1.00 billion share repurchase authorization, signaling confidence in its financial position despite continued heavy investment in fulfillment infrastructure.