Coupang, Inc. Class A (CPNG)
NYSE:CPNG
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.05Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balances encouraging operational recovery signals and continued top‑line growth (revenue up 8% consolidated, Product Commerce recovery momentum, Taiwan hypergrowth, positive trailing cash flow and an active buyback program) against meaningful near‑term profitability pressures (voucher program, margin compression across Product Commerce and consolidated results, large Developing Offerings losses, elevated tax rate and underutilized pre‑sized capacity). Management presented a credible path for margins to normalize as the temporary inefficiencies abate and emphasized long‑term margin drivers and disciplined capital allocation.Company Guidance
Recovery Trajectory After Data Incident
Management reports sequential improvement in Product Commerce growth from the January low point through February and March; through the end of April the company has closed nearly 80% of the decline in WOW memberships caused by the incident, with the vast majority of remaining members compounding spend at double-digit rates and many paused members returning to prior spending levels.
Product Commerce Revenue and Customer Metrics
Product Commerce net revenue was $7.2 billion, up 4% on a reported basis and 5% in constant currency; active customers were 23.9 million (+2% year-over-year, -3% quarter-over-quarter, with the QoQ decline reflecting the trailing-3-month measurement that captured the incident).
Consolidated Top-Line Growth
Consolidated net revenues were $8.5 billion, up 8% year-over-year on both reported and constant currency basis, consistent with prior guidance; Q2 guidance calls for consolidated constant-currency revenue growth of 9%–10%.
Developing Offerings Revenue Acceleration
Developing Offerings delivered net revenue of $1.3 billion, growing 28% on a reported basis and 25% in constant currency, driven by hypergrowth in Taiwan and continued strong growth in Eats and Rocket Now in Japan.
Positive Gross Profit Dollars and Small Consolidated Adjusted EBITDA
Product Commerce gross profit was $2.2 billion and Developing Offerings gross profit was $123 million; consolidated gross profit totaled $2.3 billion. Consolidated adjusted EBITDA was $29 million (adjusted EBITDA margin 0.3%), indicating the business generated a small positive adjusted EBITDA at the group level despite headwinds.
Cash Generation and Capital Return
Trailing 12‑month operating cash flow was $1.6 billion and free cash flow was $301 million. The company repurchased 20.4 million shares for $391 million this quarter and the Board approved an additional $1.0 billion for the repurchase program.
Progress in Taiwan and Other Developing Markets
Taiwan is described as in a ‘hyper growth’ stage with the company’s next‑day delivery network now covering the vast majority of volume; early cohort retention resembles early Product Commerce behavior in Korea, supporting long‑term conviction in the market opportunity.
Clear Forward Guidance on Margin Recovery
Management reiterated that margin pressures are driven by one‑time vouchers and temporary underutilization of pre‑sized capacity, expects a modest tail into early Q2, and forecasts margins to improve through the year with annual margin expansion resuming next year.
CPNG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CPNG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $20.76 | $17.89 | -13.82% |
Feb 26, 2026 | $18.71 | $19.08 | +1.98% |
Sep 30, 2025 | $32.20 | $32.43 | +0.71% |
Aug 05, 2025 | $29.90 | $28.09 | -6.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Coupang, Inc. Class A (CPNG) report earnings?
Coupang, Inc. Class A (CPNG) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Coupang, Inc. Class A (CPNG) earnings time?
Coupang, Inc. Class A (CPNG) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CPNG EPS forecast?
CPNG EPS forecast for the fiscal quarter 2026 (Q2) is -0.05.
