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Coupang CPNG Q4 2024 Annual earnings

Reported February 25, 2025 · After market close

Revenue estimate$8.1B
EPS estimate$0.01

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$9.1B
EPS estimate-$0.21

Financials

Q4 2024

Income statement

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Revenue$8.0B+21.4%
Gross profit$2.5B+48.3%
Operating income$312.0M+138%
Net income$156.0M-84.9%
EPS (diluted)$0.08-86.0%

Balance sheet

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Cash & equivalents$6.0B+7.8%
Total debt$3.7B+41.6%
Total equity$4.1B+0.3%
Total assets$15.3B+15.0%

Cash flow

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Operating cash flow$676.0M+11.0%
CapEx$214.0M-8.5%
Free cash flow$462.0M+23.2%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$39.54B+36.5%
Enterprise value$37.17B+43.2%
P/E256.7×+235×
P/S1.3×+0.1×

Profitability

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Gross margin29.2%+3.8pp
Operating margin1.4%-0.5pp
Net margin0.5%-5.1pp
FCF margin3.5%-3.7pp

Returns & leverage

See full
Return on equity3.8%-38.1pp
Debt / equity0.9×+0.3×
Current ratio1.2×0.0×

Segments

By segment

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Product Commerce$6.9B+9.5%
Developing Offerings$1.1B+296%

By product

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Third-party merchant services$1.7B+96.7%
Other revenue$253.0M+64.3%

Versus estimates

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Questions, answered.

When did Coupang report Q4 2024 earnings?
Coupang (CPNG) reported Q4 2024 earnings on February 25, 2025 after market close.
What were Coupang's Q4 2024 revenue and EPS?
Coupang reported revenue of $8.0B and diluted EPS of $0.04 for Q4 2024.
Did Coupang beat estimates in Q4 2024?
Revenue missed the consensus estimate of $8.1B by $171.9M. EPS beat the consensus estimate of $0.01 by $0.03.
Where can I find Coupang's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001834584-25-000030) directly on SEC EDGAR. The filing index links above go to sec.gov.