Coupang Q2 revenue misses estimates as Korea administrative fines drive loss

Coupang

04/08/2026 21:35

Overview
South Korea e-commerce firm's Q2 revenue rose 4% but slightly missed analyst expectations
Adjusted EBITDA for Q2 beat analyst expectations
Company repurchased $459 mln of shares during the quarter

Outlook
Company did not provide specific financial guidance or outlook in the press release

Result Drivers
ADMINISTRATIVE FINES - Significant administrative fines in Korea contributed to operating and net losses
DEVELOPING OFFERINGS GROWTH - Developing Offerings segment net revenues rose 20% YoY and adjusted EBITDA losses improved by $16 mln YoY
PRODUCT COMMERCE CUSTOMER GROWTH - Product Commerce Active Customers grew 3% YoY, but net revenues per active customer declined 2%

Company press release: ID:nBw5M2dFya

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$8.86 bln
$8.96 bln (7 Analysts)
Q2 Net Loss
 
$570 mln
 
Q2 Adjusted EBITDA
Beat
$163 mln
$134.74 mln (6 Analysts)
Q2 Gross Margin
 
28.20%
 
Q2 Gross Profit
 
$2.50 bln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the department stores peer group is "buy"
Wall Street's median 12-month price target for Coupang Inc is $27.00, about 64.4% above its August 3 closing price of $16.42
The stock recently traded at 102 times the next 12-month earnings vs. a P/E of 69 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)