CPNG Q1 2024 Earnings — Coupang, Inc. Revenue & Financial Results | Market Cap Arena

CPNGCoupang, Inc.

$35B

Q1 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$7.1B+22.6% YoY

Gross Profit

$1.9B27.1% margin

Operating Income

$40M0.6% margin

Net Income

$5M0.1% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+8.4%

Cash Flow

Operating Cash Flow

$212M

Free Cash Flow

$105M

Stock-Based Comp.

$88M

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$10.8B

Stockholders' Equity

$4.1B

Cash & Equivalents

$5.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.1B	$5.8B	+22.6%
Gross Profit	$1.9B	$1.4B	+35.8%
Operating Income	$40M	$107M	-62.6%
Net Income	$5M	$91M	-94.5%

Revenue Segments

Product

$5.9B83%

Third-Party Merchant Services

$1.0B15%

Service, Other

$172M2%