The earnings call highlighted significant revenue growth and margin expansion across several segments, particularly in Product Commerce and the Taiwan market. However, increased expenses and losses in Developing Offerings, alongside a high effective tax rate, present challenges. The overall sentiment is cautiously optimistic, with strong growth tempered by financial pressures.

Company Guidance -

Q3 2025

In the second quarter of 2025, Coupang reported significant growth across various metrics. The company achieved a 16% year-over-year increase in consolidated revenue, reaching $8.5 billion, with a 19% growth in constant currency. The Product Commerce segment saw a substantial expansion in gross profit margins by 230 basis points to 32.6%, alongside an 80 basis point rise in adjusted EBITDA margins, now over 9%. On a consolidated level, Coupang generated $428 million in adjusted EBITDA, marking a more than 50 basis point margin increase. The Fresh category reported a 25% revenue boost in constant currency, while the Taiwan segment delivered triple-digit year-over-year revenue growth, showcasing strong customer retention and repeat spending. Additionally, Coupang's developing offerings, including Taiwan and Eats, experienced a 33% year-over-year increase in revenues. The company also emphasized its commitment to leveraging AI and automation to enhance operational efficiency and customer experience, aiming for long-term growth and margin improvement.

Strong Revenue Growth

Coupang reported a 16% year-over-year revenue growth, or 19% in constant currency, reaching $8.5 billion. The growth was driven by increased customer engagement and expanded product selection.

Product Commerce Margin Expansion

Gross profit margins in the Product Commerce segment expanded by nearly 230 basis points to 32.6%, with adjusted EBITDA margins growing 80 basis points to over 9%.

Taiwan Market Success

Revenues in Taiwan surged 54% quarter-over-quarter, with a triple-digit year-over-year growth, primarily driven by repeat customers.

Growth in Fresh Category

The Fresh category grew revenues by 25% in constant currency year-over-year, with significant expansion in the fresh assortment, especially in produce, meat, and seafood.

Developing Offerings Growth

Developing Offerings segment revenues grew 33% year-over-year, driven by triple-digit growth in Taiwan and high double-digit growth in Eats.

Coupang (CPNG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CPNG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.04 / -	0.04	―	―	―
Aug 05, 2025	2025 (Q2)	0.07 / 0.02	-0.04	150.00% (+0.06)
May 06, 2025	2025 (Q1)	0.05 / 0.06	0	―
Feb 25, 2025	2024 (Q4)	<0.01 / 0.08	0.57	-85.96% (-0.49)
Nov 05, 2024	2024 (Q3)	<0.01 / 0.04	0.05	-20.00% (-0.01)
Aug 06, 2024	2024 (Q2)	-0.02 / -0.04	0.08	-150.00% (-0.12)
May 07, 2024	2024 (Q1)	0.06 / 0.00	0.05	―
Feb 27, 2024	2023 (Q4)	0.06 / 0.57	0.06	850.00% (+0.51)
Nov 07, 2023	2023 (Q3)	0.07 / 0.05	0.05	0.00% (0.00)
Aug 08, 2023	2023 (Q2)	0.05 / 0.08	-0.04	300.00% (+0.12)

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
Aug 05, 2025	$29.90	$28.09	-6.05%
May 06, 2025	$24.00	$26.60	+10.83%
Feb 25, 2025	$24.17	$25.01	+3.48%
Nov 05, 2024	$26.89	$24.00	-10.75%

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 (CPNG) report earnings?

Coupang (CPNG) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Coupang (CPNG) earnings time?

Coupang (CPNG) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CPNG EPS forecast?

CPNG EPS forecast for the fiscal quarter 2025 (Q3) is 0.04.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing