Coupang Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	24,383	20,583	18,406	11,967	6,273	4,054
Revenue Growth (YoY)	18.46%	11.83%	53.80%	90.77%	54.76%	-
Cost of Revenue	18,193	15,873	15,455	9,981	5,240	3,864
Gross Profit	6,190	4,710	2,951	1,986	1,033	189.38
Selling, General & Admin	5,717	4,822	4,445	2,502	1,675	1,242
Operating Expenses	5,717	4,822	4,445	2,502	1,675	1,242
Operating Income	473	-112	-1,494	-515.99	-641.92	-1,052.41
Interest Expense / Income	48	27	45	107.76	96.91	70.95
Other Expense / Income	-159	-46	3	-160.89	-41.7	-28.1
Pretax Income	584	-93	-1,542	-462.87	-697.13	-1,095.25
Income Tax	-776	-1	1	0.29	-0.24	2.28
Net Income	1,360	-92	-1,543	-463.16	-696.89	-1,097.53
Preferred Dividends	0	0	0	92.73	71.42	0
Net Income Common	1,360	-92	-1,543	-555.89	-768.3	-1,097.53
Shares Outstanding (Basic)	1,782	1,765	1,424	29	19	66
Shares Outstanding (Diluted)	1,803	1,765	1,424	29	19	66
Shares Change	2.15%	23.95%	4808.31%	49.06%	-70.56%	-
EPS (Basic)	0.76	-0.05	-1.08	-19.16	-39.48	-16.60
EPS (Diluted)	0.75	-0.05	-1.08	-19.16	-39.48	-16.60
Free Cash Flow	1,775	-246	-1,083	-182.57	-526.12	-787.6
Free Cash Flow Per Share	1.00	-0.14	-0.76	-6.29	-27.03	-11.91
Gross Margin	25.39%	22.88%	16.03%	16.60%	16.47%	4.67%
Operating Margin	1.94%	-0.54%	-8.12%	-4.31%	-10.23%	-25.96%
Profit Margin	5.58%	-0.45%	-8.38%	-4.65%	-12.25%	-27.08%
Free Cash Flow Margin	7.28%	-1.20%	-5.88%	-1.53%	-8.39%	-19.43%
Effective Tax Rate	-132.88%	-	-	-	-	-
EBITDA	1,245	475	-1,037	-72.85	-444.75	-970.69
EBITDA Margin	5.11%	2.31%	-5.63%	-0.61%	-7.09%	-23.95%
Depreciation & Amortization	613	541	460	282.26	155.47	53.62
EBIT	632	-66	-1,497	-355.1	-600.22	-1,024.3
EBIT Margin	2.59%	-0.32%	-8.13%	-2.97%	-9.57%	-25.27%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).