NYSE$CPNG

Coupang Inc. · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Achieved record gross profit and positive adjusted EBITDA.

Coupang, Inc. announced financial results for its second quarter ended June 30, 2022. The company achieved positive adjusted EBITDA on a consolidated basis, generating $66 million. Total net revenues was $5.0 billion, up 12% year over year.

  • Total net revenues was $5.0 billion, up 12% year over year.
  • Total gross profit was $1.2 billion, an increase of 75% YoY.
  • Net loss improved $134 million QoQ to $75 million in Q2.
  • The Company achieved a major milestone of positive adjusted EBITDA of $66 million in Q2.

Headline financials

Total Revenue

$5.04B

Previous: $4.48B+12.5%
EPS (adj)

-$0.04

Previous: -$0.13+69.2%
Active Customers

17.9K

Previous: 17.0K+5.1%
Net Revenue per Active Customer

$282.00

Previous: $263.00+7.2%
Capital Expenditures

-$420M

Previous: -$315M-33.0%
Free Cash Flow

-$495M

Previous: -$834M+40.6%
Net Income

-$75.5M

Previous: -$519M+85.4%
Operating Income

-$67.1M

Previous: -$515M+87.0%
Gross Profit

$1.15B

Previous: $658M+75.2%
Cash & Equivalents

$3.11B

Previous: $4.28B-27.5%
Total Assets

$8.43B

Previous: $8.57B-1.7%
Stock-Based Comp

$72.9M

Previous: $50.3M+44.8%

Revenue & EPS history

Coupang · Revenue · Quarterly

$5.04B

Q2 2022+12.5%vs Q2 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Coupang · $5.04B total across 2 segments · Q2 2022

  • Product Commerce
    $4.88B+12.6%
  • Developing Offerings
    $160M+10.2%

Forward guidance

We now expect to achieve positive total company adjusted EBITDA for FY 2022.

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 Q2 2022

Historical avgQ2 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro