CPNG Q2 2025

Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Coupang delivered a mixed second quarter for 2025, posting revenue that edged past expectations while earnings fell well short of what Wall Street had penciled in. The South Korean e-commerce giant reported net revenues of $8.52 billion, up 16.4% yea… Read more Coupang delivered a mixed second quarter for 2025, posting revenue that edged past expectations while earnings fell well short of what Wall Street had penciled in. The South Korean e-commerce giant reported net revenues of $8.52 billion, up 16.4% year-over-year and narrowly ahead of the $8.38 billion consensus estimate, yet diluted EPS of $0.02 missed the $0.05 forecast by 60.00%, weighed down by an unusually elevated effective tax rate on pre-tax income of $194.00 million against a $163.00 million tax bill. The headline profit story was still a genuine improvement, with net income of $31.00 million reversing a $105.00 million loss a year ago. Gross profit expanded 20% to $2.56 billion, and adjusted EBITDA climbed 30% to $428.00 million, reflecting operational efficiencies in the core Product Commerce segment, where active customers grew 10% to 23.9 million. Free cash flow declined 49% to $247.00 million due to higher capital expenditures, though management expects those working capital dynamics to normalize by year-end, even as the company continues expanding its global technology footprint.