Coupang stock reports 10 percent Q2 revenue growth amid losses
Published on 10/04/2026 at 23:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Coupang stock (ISIN US22266T1097) closed at USD 13.78 on the NYSE on October 2, 2026, after touching a 52-week low of USD 13.35. The latest reported quarter combined 10 percent constant-currency revenue growth with a USD 570 million net loss, putting operating execution and margin recovery at the center of the investor debate.
Q2 growth meets a deeper loss
According to Yahoo Finance, Coupang reported USD 8.86 billion in Q2 2026 revenue and USD 570 million in earnings attributable to shareholders. The quarter ended June 30, 2026, and the reported revenue figure was paired with a diluted GAAP loss of USD 0.32 per share.
The finance statement shows a quarter-to-quarter deterioration in reported net income: the loss widened from USD 266 million in Q1 2026 to USD 570 million in Q2 2026. Operating profit also moved from a USD 242 million loss to a USD 556 million loss, while operating margin declined from negative 3 percent to negative 6 percent.
Constant currency growth hides pressure
Coupang's Q2 earnings-call transcript said consolidated revenue grew 10 percent year over year in constant currency, while reported growth was 4 percent. Product Commerce revenue reached USD 7.4 billion and grew 8 percent in constant currency, making the core retail operation the key counterweight to the consolidated loss.
Yahoo Finance reported that management expects Q3 consolidated constant-currency revenue growth of 8 percent to 9 percent. The same transcript attributed part of the Q3 comparison pressure to the timing of the Chuseok holiday season in Korea.
Consensus stays above the stock
According to MarketBeat on September 25, 2026, 11 analysts carried a Hold consensus, with five Buy ratings, four Hold ratings and two Sell ratings. The average 12-month price target was USD 24.06, with targets from USD 22 to USD 29.
The same MarketBeat report said Bank of America cut its target from USD 27.00 to USD 24.00 on August 5, 2026, while keeping a Buy rating. The gap between the USD 13.78 closing price and the USD 24.06 average target is a sharp contrast, but the company must first address the quarterly loss and the pressure on reported margins.
Stock sits near its yearly low
Coupang stock closed at USD 13.78 on October 2, 2026, down USD 0.02 from the prior close of USD 13.80. The session range was USD 13.35 to USD 13.85, volume was 18,270,092 shares and market capitalization was USD 24.8 billion.
Coupang stock facts
- Company: Coupang, Inc.
- ISIN: US22266T1097
- Ticker: CPNG
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 13.78
- Market capitalization: USD 24.8 billion (as of October 2, 2026)
- 52-week range: USD 13.35-32.74 (as of October 2, 2026)
- Sector / Industry: Consumer Discretionary / Internet and Direct Marketing Retail
