NYSE$CPNG
Coupang Inc. · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Coupang reported strong revenue growth for Q4 2024, driven by growth in Product Commerce and Developing Offerings segments.
Coupang achieved $8.0 billion in net revenues for Q4 2024, a 21% increase year-over-year. Net income was $131 million, but net income attributable to stockholders dropped due to a non-cash tax benefit in Q4 2023. Gross profit increased significantly, with a strong performance in Product Commerce.
- Net revenues increased 21% YoY to $8.0 billion.
- Product Commerce gross profit rose 31% to $2.3 billion.
- Developing Offerings revenue grew 296% to $1.1 billion.
- Net income for the quarter was $131 million.
Headline financials
Revenue & EPS history
Coupang · Revenue · Quarterly
$8B
Revenue by segment
Coupang · $6.18B total across 2 segments · Q3 2023
- Product Commerce$5.97B+20.6%96.5%
- Developing Offerings$218M+41.1%3.5%
Forward guidance
Coupang expects continued revenue growth and market expansion, with a focus on profitability in 2025.
Tailwinds
- Focus on expanding offerings across Korea and Taiwan.
- Continued momentum in developing new services.
- Increased efficiency through operational improvements.
- Focus on driving higher customer engagement.
- Continued investment in logistics infrastructure.
Headwinds
- Potential macroeconomic risks impacting revenue growth.
- Possible fluctuations in foreign exchange rates.
- Challenges from high operational costs.
- Increased competition in core markets.
- Dependence on growth in emerging business lines.
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 Q4 2024
-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
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