NYSE$CPNG

Coupang Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Coupang's Q1 2021 financial results were announced, demonstrating substantial revenue growth and increased active customers.

Coupang reported a 74% increase in total net revenues, reaching $4.2 billion. Active customers grew by 21% to 16 million, and revenue per active customer increased by 44% to $262. However, the company experienced a net loss of $295 million, driven by increased operating, general, and administrative costs.

  • Total net revenues increased by 74% year over year to $4.2 billion.
  • Active Customers grew 21% year over year to 16 million.
  • Total net revenues per Active Customer increased 44% year over year to $262.
  • Gross profit increased 70% to $733 million.

Headline financials

Total Revenue

$4.21B

Previous: $2.41B+74.3%
EPS (adj)

-$0.68

Previous: -$5.74+88.2%
Active Customers

16.0M

Previous: 13.3M+20.8%
Net Revenue per Active Customer

$262.00

Previous: $182.00+44.0%
Capital Expenditures

-$147M

Previous: $68.1M-315.6%
Free Cash Flow

-$442M

Previous: $247M-279.2%
Net Income

-$295M

Previous: -$105M-180.0%
Operating Income

-$267M

Previous: -$73.6M-263.0%
Gross Profit

$733M

Previous: $430M+70.2%
Cash & Equivalents

$4.33B

Previous: $1.68B+157.8%
Total Assets

$8.6B

No prior period
Stock-Based Comp

$87M

Previous: $6.38M+1263.1%

Revenue & EPS history

Coupang · Revenue · Quarterly

$4.21B

Q1 2021+74.3%vs Q1 2020
Beat estimate in 5 of 11 quarters(45%)
ActualEstimate

Revenue by segment

Coupang · $6.18B total across 2 segments · Q3 2023

  • Product Commerce
    $5.97B+20.6%
  • Developing Offerings
    $218M+41.1%

Forward guidance

This information contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, about us and our industry that involve substantial risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.5%

Avg return

Earnings day

-2.1%

Avg return

5 days after

-4.0%

Avg return

30 days after

48%

12 / 25 earnings

Positive

+14.0%

Q3 2022

Best reaction

-17.0%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.5%-16.2%-18.4%
Q4 2025+2.1%+2.1%-3.3%
Q3 2025-5.9%-10.0%-15.6%
Q1 2025+10.8%+8.9%+18.5%
Q4 2024+3.5%-1.5%-7.5%
Q3 2024-6.6%-6.0%-6.5%
Q2 2024+4.2%+11.0%+14.6%
Q1 2024-8.1%-3.6%-6.2%
Q4 2023+11.3%+15.6%+8.5%
Q3 2023-7.9%-8.3%-8.0%
Q2 2023+7.2%+7.3%+2.9%
Q1 2023-6.6%-9.7%-9.9%
Q4 2022-3.6%-4.2%+3.2%
Q3 2022+14.0%+3.3%+3.5%
Q2 2022-1.5%-4.6%-4.5%
Q1 2022+8.3%+19.4%+8.7%
Q4 2019-17.0%-19.2%-27.7%
Q4 2021+0.0%-22.5%-27.8%
Q3 2020-3.6%-2.9%-8.3%
Q3 2021-3.6%-2.9%-8.3%
Q2 2020-0.7%-7.6%-13.2%
Q2 2021-7.0%-9.5%-18.3%
Q1 2020+3.1%+5.4%+9.3%
Q4 2020+3.1%+5.4%+9.3%
Q1 2021-11.6%-3.0%+6.5%

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