{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Earnings Debate","title":"Coupang, Inc. (CPNG) Announced Q2 2026 Earnings on August 4, 2026, Reporting \"total net revenues of $8.9 billion\" for the quarter.","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/5429a594\"></iframe>","width":"100%","height":180,"duration":1169,"description":"Coupang, Inc. reported consolidated financial results for the second quarter of 2026.Total net revenues for the quarter were $8.9 billion, representing growth of 4 percent on a reported basis and 10 percent in constant currency.Consolidated gross profit for the quarter was $2.5 billion, with a gross profit margin of 28.2 percent, which contracted 188 basis points year-over-year but expanded 115 basis points quarter-over-quarter.Operating loss for the quarter was $556 million, which included $410 million in administrative fines recently imposed by Korean regulatory authorities.Excluding the fines, the adjusted operating loss for the quarter was approximately $146 million.Net loss attributable to Coupang's stockholders for the quarter was $570 million, or approximately $160 million excluding the fines, resulting in a diluted loss per share for the quarter of $0.32, or approximately $0.09 excluding the fines.Consolidated adjusted EBITDA for the quarter, which excludes the fines, was $163 million with an adjusted EBITDA margin of 1.8 percent. On a trailing 12-month basis, the company generated operating cash flow of $1.4 billion and free cash flow of $105 million.Additionally, Coupang repurchased an additional 23 million shares of its Class A common stock during the quarter for approximately $459 million.In terms of segment performance and business updates, Product Commerce net revenues reached $7.4 billion for the quarter, growing 1 percent on a reported basis and 8 percent in constant currency.Segment active customers for the quarter grew 3 percent year-over-year to 24.7 million.Management noted that total WOW membership has recovered and now \"exceeds its levels before the incident\" following the prior year's data disruption.Developing Offerings segment net revenue was $1.4 billion for the quarter, growing 20 percent on a reported basis and 24 percent in constant currency.This segment's adjusted EBITDA losses for the quarter were $219 million, showing an...","thumbnail_url":"https://img.transistorcdn.com/xJuh_6koFF8CKKFzV-oIB_PzOA86GyxN802qWUMHjC4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80ODli/Mjg2OGQ5YjVkMzU2/Yjg0NzMxNTJiZGRj/NzFjOC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}