Coupang Publishes Q3 2026 Earnings Call Transcript
- Coupang's third-quarter 2026 earnings call featured founder and CEO Bom Kim, CFO Gaurav Anand and Mike Parker.
- Revenue reached $10 billion, up 11% in constant currency, exceeding guidance of 8%-9%; net loss attributable to stockholders totaled $501 million.
- Management forecast fourth-quarter constant-currency revenue growth of 13%-14%, with adjusted EBITDA margin rising 50-150 basis points quarter over quarter.
- Product Commerce adjusted EBITDA margins remain on track to approximate pre-data-incident levels by mid-2027 as temporary cost pressures ease.
- Management raised the upper end of its $950 million-$1 billion annual Developing Offerings loss forecast by $50 million-$100 million, primarily for Taiwan.
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