Coupang swings to $501 million Q3 net loss on Incheon fire costs; revenue up 7%
Coupang reported third quarter 2026 results with total net revenues of $10.0 billion, up 7% year over year, while swinging to a net loss of $501 million attributable to stockholders. The company said the July 2026 fire at its leased Incheon fulfillment center in Korea drove much of the profit decline, and its results excluding those costs still show a net loss of $321 million, versus net income of $95 million a year earlier.
Key points
- Operating loss of $450 million, compared with operating income of $162 million in the third quarter of 2025
- Diluted EPS of $(0.28), compared with $0.05 a year earlier; excluding fire-related costs, EPS was $(0.18)
- Adjusted EBITDA of $116 million, down from $413 million; trailing twelve-month free cash flow was $(409) million
- Repurchased 12.7 million Class A shares for $201 million during the quarter
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 November 03, 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.