CPNG Q1 2023 Earnings — Coupang, Inc. Revenue & Financial Results | Market Cap Arena

CPNGCoupang, Inc.

$35B

Q1 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$5.8B+13.4% YoY

Gross Profit

$1.4B24.5% margin

Operating Income

$107M1.8% margin

Net Income

$91M1.6% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$501M

Free Cash Flow

$406M

Stock-Based Comp.

$70M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$7.2B

Stockholders' Equity

$2.6B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.8B	$5.1B	+13.4%
Gross Profit	$1.4B	$1.0B	+36.1%
Operating Income	$107M	-$206M	+152.0%
Net Income	$91M	-$209M	+143.5%

Revenue Segments

Product

$5.2B90%

Third-Party Merchant Services

$461M8%

Service, Other

$135M2%