NYSE$CPNG
Coupang Inc. · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Coupang's Q2 2023 financial results were announced, demonstrating significant growth and profitability improvements.
Coupang reported a 16% YoY increase in net revenues to $5.8 billion and a 32% increase in gross profit to $1.5 billion. Net income improved by $221 million YoY to $145 million, and the company generated $2.0 billion in operating cash flow and $1.1 billion in free cash flow over the trailing twelve months.
- Net revenues increased by 16% year-over-year to $5.8 billion.
- Gross profit grew by 32% year-over-year to $1.5 billion.
- Net income was $145 million, a $221 million improvement year-over-year.
- Active customers increased by 10% year-over-year, reaching 19.7 million.
Headline financials
Revenue & EPS history
Coupang · Revenue · Quarterly
$5.84B
Revenue by segment
Coupang · $5.84B total across 2 segments · Q2 2023
- Product Commerce$5.68B+16.5%97.3%
- Developing Offerings$156M-2.5%2.7%
Forward guidance
The company did not provide specific forward guidance in this earnings report.
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 2023
-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
| Quarter | Report date | Reaction (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
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