CPNG Q2 2024 Earnings — Coupang, Inc. Revenue & Financial Results | Market Cap Arena

CPNGCoupang, Inc.

$35B

Q2 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$7.3B+25.4% YoY

Gross Profit

$2.1B29.3% margin

Operating Income

-$25M-0.3% margin

Net Income

-$77M-1.1% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$664M

Free Cash Flow

$486M

Stock-Based Comp.

$109M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$11.2B

Stockholders' Equity

$3.9B

Cash & Equivalents

$5.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.3B	$5.8B	+25.4%
Gross Profit	$2.1B	$1.5B	+40.6%
Operating Income	-$25M	$148M	-116.9%
Net Income	-$77M	$145M	-153.1%

Revenue Segments

Product

$5.8B79%

Third-Party Merchant Services

$1.4B19%

Service, Other

$170M2%