Coupang Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
CPNG$16.33-0.5%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| (in millions, except per share amounts) | 2024 | 2023 | 2024 | 2023 |
| Net retail sales | $5,779 | $5,140 | $11,674 | $10,345 |
| Net other revenue | 1,544 | 698 | 2,763 | 1,293 |
| Total net revenues | 7,323 | 5,838 | 14,437 | 11,638 |
| Cost of sales | 5,181 | 4,314 | 10,366 | 8,695 |
| Operating, general and administrative | 2,167 | 1,376 | 4,056 | 2,689 |
| Total operating cost and expenses | 7,348 | 5,690 | 14,422 | 11,384 |
| Operating (loss) income | (25) | 148 | 15 | 254 |
| Interest income | 53 | 42 | 108 | 73 |
| Interest expense | (37) | (13) | (64) | (21) |
| Other income (expense), net | 12 | (6) | 3 | (11) |
| Income before income taxes | 3 | 171 | 62 | 295 |
| Income tax expense | 108 | 26 | 191 | 59 |
| Net (loss) income | $(105) | $145 | $(129) | $236 |
| Net loss attributable to noncontrolling interests | (28) | — | (57) | — |
| Net (loss) income attributable to Coupang stockholders | $(77) | $145 | $(72) | $236 |
| Earnings per share | ||||
| Basic | $(0.04) | $0.08 | $(0.04) | $0.13 |
| Diluted | $(0.04) | $0.08 | $(0.04) | $0.13 |
| Weighted-average shares outstanding | ||||
| Basic | 1,789 | 1,780 | 1,791 | 1,777 |
| Diluted | 1,789 | 1,800 | 1,791 | 1,797 |
| Coupang, Inc. | Q2 2024 Form 10-Q | 4 |
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