NYSE$CPNG

Coupang Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported a gross profit increase of 42% YoY and record revenue of $5.1B

Coupang announced its Q1 2022 financial results, revealing a 22% year-over-year increase in total net revenues, reaching $5.1 billion. The company's gross profit soared by 42% year-over-year to $1.04 billion, with a significant improvement in gross profit margin. Coupang's Product Commerce segment achieved profitability in Q1, marking a substantial milestone.

  • Total net revenues reached $5.1 billion, a 22% increase year-over-year.
  • Gross profit increased by 42% year-over-year, reaching $1.04 billion.
  • Net loss improved $196 million QoQ to $209 million.
  • Product Commerce segment achieved positive adjusted EBITDA in Q1.

Headline financials

Total Revenue

$5.12B

Previous: $4.21B+21.6%
EPS (adj)

-$0.12

Previous: -$0.68+82.4%
Active Customers

18.1K

Previous: 16.0M-99.9%
Net Revenue per Active Customer

$283.00

Previous: $262.00+8.0%
Capital Expenditures

-$239M

Previous: -$147M-62.7%
Free Cash Flow

-$448M

Previous: -$442M-1.4%
Net Income

-$209M

Previous: -$295M+29.1%
Operating Income

-$206M

Previous: -$267M+23.0%
Gross Profit

$1.04B

Previous: $733M+42.4%
Cash & Equivalents

$3.37B

Previous: $4.33B-22.2%
Total Assets

$8.69B

Previous: $8.6B+1.1%
Stock-Based Comp

$55.6M

Previous: $87M-36.1%

Revenue & EPS history

Coupang · Revenue · Quarterly

$5.12B

Q1 2022+21.6%vs Q1 2021
Beat estimate in 5 of 11 quarters(45%)
ActualEstimate

Revenue by segment

Coupang · $5.12B total across 2 segments · Q1 2022

  • Product Commerce
    $4.94B
  • Developing Offerings
    $181M

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. All statements other than statements of historical, including statements regarding our future results of operations or financial condition, business strategy and plans, and objectives of management for future operations are forward-looking statements.

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 2022

Historical avgQ1 2022

-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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