Coupang (NYSE:CPNG) Issues Quarterly Earnings Results

Coupang (NYSE:CPNG) issued its quarterly earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.03), FiscalAI reports. The firm had revenue of $8.84 billion for the quarter, compared to analysts’ expectations of $9.12 billion. Coupang had a net margin of 1.16% and a return on equity of 6.95%. Coupang’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.04 EPS.

Here are the key takeaways from Coupang’s conference call:

• Coupang disclosed a data incident in which a former employee illegally accessed information from more than 33 million accounts and retained data from roughly 3,000 Korean and 1 Taiwan account; third‑party forensics say the data was limited to contact and order details (no financial data, passwords, or government IDs), but investigations remain ongoing and the company issued approximately $1.2 billion in customer vouchers as remediation.
• Q4 showed slowing top‑line and margin pressure — Product Commerce net revenue was $7.4 billion (up 8% YoY; 12% constant currency) and consolidated revenue was $8.8 billion, while adjusted EBITDA fell to $267 million (down 37% YoY) and free cash flow declined ~50% to $527 million; management expects muted near‑term growth and guides Developing Offerings losses of $950 million–$1 billion for 2026.
• Developing Offerings — especially Taiwan — remain a growth engine: Taiwan delivered triple‑digit revenue growth, with ~75% of December volume delivered next‑day via Coupang’s own last‑mile network covering ~70% of the country, reportedly without meaningful increases in variable unit cost.
• Capital allocation and liquidity strength — Coupang repurchased about 5.9 million shares this quarter, has used $243 million of a $1 billion buyback authorization, and ended the period with over $6 billion in cash, leaving flexibility for further buybacks or strategic investment.

Coupang Trading Up 1.5%

Coupang stock traded up $0.28 during trading hours on Thursday, hitting $18.64. The company had a trading volume of 27,381,940 shares, compared to its average volume of 25,437,908. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.82 and a current ratio of 1.06. The firm has a market cap of $34.05 billion, a P/E ratio of 88.77 and a beta of 1.19. The company has a 50-day moving average price of $20.54 and a two-hundred day moving average price of $26.47. Coupang has a 1 year low of $16.74 and a 1 year high of $34.08.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Coupang in a report on Wednesday, January 21st. Nomura lowered Coupang from a “buy” rating to a “neutral” rating and set a $22.00 price objective for the company. in a research note on Monday, January 12th. Bank of America increased their target price on Coupang from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. UBS Group set a $25.00 price objective on shares of Coupang in a report on Thursday, February 19th. Finally, Sanford C. Bernstein started coverage on Coupang in a research note on Thursday, February 5th. They issued an “underperform” rating and a $17.00 price objective on the stock. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $27.70.

Insider Activity

In other news, CAO Jonathan D. Lee sold 2,679 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $23.62, for a total transaction of $63,277.98. Following the transaction, the chief accounting officer owned 122,096 shares in the company, valued at approximately $2,883,907.52. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 12.78% of the company’s stock.

Institutional Trading of Coupang

Hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in shares of Coupang by 72.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,316 shares of the company’s stock worth $99,000 after acquiring an additional 1,395 shares in the last quarter. Baird Financial Group Inc. increased its holdings in Coupang by 52.8% in the 2nd quarter. Baird Financial Group Inc. now owns 23,471 shares of the company’s stock worth $703,000 after acquiring an additional 8,107 shares in the last quarter. Cerity Partners LLC grew its position in shares of Coupang by 48.1% in the second quarter. Cerity Partners LLC now owns 45,252 shares of the company’s stock valued at $1,356,000 after purchasing an additional 14,703 shares during the period. State Street Corp raised its position in shares of Coupang by 8.4% during the 2nd quarter. State Street Corp now owns 15,641,775 shares of the company’s stock worth $468,628,000 after purchasing an additional 1,210,801 shares during the last quarter. Finally, AXA S.A. purchased a new position in Coupang in the 2nd quarter valued at about $411,000. 83.72% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Coupang

Here are the key news stories impacting Coupang this week:

• Positive Sentiment: Revenue grew 11% year-over-year to $8.84 billion, showing continued demand and scale in Coupang’s marketplaces. Coupang reports Q4 revenue
• Neutral Sentiment: The company remains modestly profitable on the quarter (net margin ~1.16%, ROE ~6.95%), which some investors may view as evidence of operational leverage as scale grows. View Press Release
• Neutral Sentiment: Analyst pieces on valuation and high P/E multiples are generating mixed investor views — some focus on growth potential, others on expensive multiples given recent execution misses. Valuation analysis
• Negative Sentiment: Q4 earnings missed expectations: EPS of ($0.01) vs. consensus $0.02, and revenue of $8.84B missed the $9.12B consensus — the misses are the primary near-term negative catalyst. Earnings miss
• Negative Sentiment: South Korea’s regulator fined Coupang ~$1.6 million for pressuring suppliers and delaying payments — a reputational/regulatory headwind that can increase scrutiny and costs. Regulatory fine
• Negative Sentiment: Ongoing fallout from a prior massive data breach has invited rivals to try to win market share, creating competitive pressure that management highlighted ahead of the earnings release. Data breach fallout

About Coupang

Coupang, listed on the New York Stock Exchange under the ticker CPNG, is a South Korean e-commerce company headquartered in Seoul. Founded in 2010 by Bom Kim, the company grew rapidly by combining an online marketplace with a large direct-retail business model. Coupang completed a primary listing in the United States in 2021, and it has become one of South Korea’s leading online retailers by focusing on convenience, speed and a wide product assortment across consumer categories.

The company operates a vertically integrated e-commerce platform that includes a customer-facing marketplace and an extensive logistics and fulfillment network.