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Did Coupang Beat Earnings?
Coupang (CPNG) reported Q3 '25 revenue of $9.27B, up 17.8% year-over-year, with reported EPS of $0.05. That topped the $0.04 analyst estimate by 25.0% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Coupang’s job postings, web traffic, and employee business outlook. See the full CPNG stock analysis or the earnings calendar for upcoming reports.
CPNG Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q3 '25 | $0.04 | $0.05 | Beat +25.0% |
| Q2 '25 | $0.05 | $0.02 | Missed -60.0% |
| Q1 '25 | $0.05 | $0.05 | Met +0.0% |
| Q4 '24 | $0.01 | $0.04 | Beat +344.4% |
| Q3 '24 | $0.01 | $0.06 | Beat +500.0% |
| Q2 '24 | $0.01 | $0.07 | Beat +600.0% |
Coupang Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.87B | 7.97B | 7.91B | 8.52B | 9.27B | 8.84B | 8.5B | 8.86B |
| Gross margin | 28.8% | 31.3% | 29.3% | 30.0% | 29.4% | 28.8% | 27.0% | 28.2% |
| Operating margin | 1.4% | 3.9% | 1.9% | 1.7% | 1.7% | 0.1% | -2.8% | -6.3% |
| Net income | 70M | 156M | 107M | 32M | 95M | -26M | -266M | -570M |
| Net margin | 0.9% | 2.0% | 1.4% | 0.4% | 1.0% | -0.3% | -3.1% | -6.4% |
| EPS | $0.06 | $0.04 | $0.05 | $0.02 | $0.05 | — | — | — |
Coupang Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, Coupang’s quarterly revenue moved from $7.87B to $8.86B. Net margin compressed from 0.9% to -6.4%, against a 28.2% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Coupang has beaten Wall Street EPS estimates in 5 of its last 7 reported quarters.
When Is Coupang’s Next Earnings Date?
Coupang reports earnings on a quarterly schedule. Its most recent report covered Q3 '25. For the confirmed upcoming date — and every other company reporting soon — see the CPNG earnings calendar.
Frequently Asked Questions: Coupang Earnings
Coupang's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Coupang reported Q3 '25 EPS of $0.05 on revenue of $9.27B (+17.8% YoY). Coupang beat estimates, reporting $0.05 vs. the $0.04 estimate.
Coupang reported Q3 '25 revenue of $9.27B, up 17.8% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the CPNG AI Score.
