Coupang, Inc.
CPNG
Jodie read · what matters now
Revenue increased 7.5% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to CPNG, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-05-05 against the comparable filing from 2025-05-06.
What improved
- Revenue increased 7.5% versus the comparable filing period.
What weakened
- Operating income moved from a profit to a loss in the comparable period.
- Gross margin fell 2.3 percentage points.
- Net margin fell 4.5 percentage points.
Filing receipts
“Cost of sales as a percentage of revenue increased primarily due to an increase for Product Commerce from 68.7% for the three months ended March 31, 2025 to 69.7% for the three months ended March 31, 2026, primarily from the impact of the Incident, including the customer compensation program and increased costs in supply chain management.”
“Also contributing to the increase in cost of sales as a percentage of revenue is the increase for Developing Offerings from 84.1% for the three months ended March 31, 2025 to 90.7% for the three months ended March 31, 2026, which is primarily driven by an increase in costs of sales relative to the growth in revenue as well as growth in certain Developing Offerings initiatives that currently operate with lower margins.”
“Financing Activities The year-over-year change in financing cash flow was primarily driven by a net increase of $710 million from proceeds from debt and short-term borrowings, net of repayments.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind CPNG
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
No filing peers are available for this name yet.
You can see the shape of the network here. Pro opens the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
CPNG is currently a Leader in the organic co-movement group South Korean E-Commerce. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
This group is retained as the last observed read for CPNG; it is not active in the latest market snapshot.
Theme membership history
No durable theme membership has been observed for this name yet.