Coupang posts $570 million Q2 net loss as revenue rises 4% and Korean fines weigh
Coupang reported second-quarter 2026 net revenues of $8.9 billion, up 4% from a year earlier, but swung to a net loss of $570 million from a $32 million profit. The loss includes approximately $410 million in administrative fines in Korea, and excluding them the net loss was $160 million. The filing contains no updated guidance, and the company also repurchased $459 million of Class A stock during the quarter.
Key points
- Total net revenues were $8.9 billion, up 4% reported and 10% in constant currency.
- Net loss attributable to Coupang stockholders was $570 million, or $(0.32) per share, versus a $32 million profit, or $0.02 per share, a year earlier.
- Excluding about $410 million of Korean administrative fines, the net loss was $160 million, or $(0.09) per share.
- Adjusted EBITDA was $163 million, a 1.8% margin, down from $428 million a year earlier.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.