Coupang, Inc.
For the period ended Sep 30, 2025. Filed Nov 4, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 4, 2025
CPNG$16.33-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Redeemable Noncontrolling Interests and Equity
Table of Contents
CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
| Redeemable Noncontrolling Interests · Class A and Class B Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Noncontrolling Interests · Total Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) · Shares · Amount | ||||||||
| Balance as of December 31, 2023 | $15 | 1,791 | $— | $8,489 | $(17) | $(4,383) | $— | $4,089 |
| Net (loss) income | (25) | — | — | — | — | 5 | (4) | 1 |
| Capital contributions from noncontrolling interest holders | 55 | — | — | — | — | — | — | — |
| Recognition of noncontrolling interest upon acquisition | 69 | — | — | — | — | — | 10 | 10 |
| Foreign currency translation adjustments, net of tax | — | — | — | — | (105) | — | — | (105) |
| Actuarial gain on defined severance benefits, net of tax | — | — | — | — | 1 | — | — | 1 |
| Issuance of common stock upon exercise of stock options | — | — | — | 1 | — | — | — | 1 |
| Issuance of common stock upon settlement of restricted stock units | — | 4 | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | 88 | — | — | — | 88 |
| Balance as of March 31, 2024 | $114 | 1,795 | $— | $8,578 | $(121) | $(4,378) | $6 | $4,085 |
| Net loss | (21) | — | — | — | — | (77) | (7) | (84) |
| Foreign currency translation adjustments, net of tax | (1) | — | — | — | (79) | — | — | (79) |
| Actuarial gain on defined severance benefits, net of tax | — | — | — | — | 2 | — | — | 2 |
| Issuance of common stock upon exercise of stock options | — | 1 | — | — | — | — | — | — |
| Issuance of common stock upon settlement of restricted stock units | — | 4 | — | — | — | — | — | — |
| Repurchase of Class A common stock | — | (10) | — | (178) | — | — | — | (178) |
| Equity-based compensation | — | — | — | 109 | — | — | — | 109 |
| Balance as of June 30, 2024 | $92 | 1,790 | $— | $8,509 | $(198) | $(4,455) | $(1) | $3,855 |
| Net (loss) income | (11) | — | — | — | — | 70 | 5 | 75 |
| Foreign currency translation adjustments, net of tax | 3 | — | — | — | 146 | — | — | 146 |
| Actuarial gain on defined severance benefits, net of tax | — | — | — | — | 1 | — | — | 1 |
| Issuance of common stock upon exercise of stock options | — | — | — | 2 | — | — | — | 2 |
| Issuance of common stock upon settlement of restricted stock units | — | 5 | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | 114 | — | — | — | 114 |
| Balance as of September 30, 2024 | $84 | 1,795 | $— | $8,625 | $(51) | $(4,385) | $4 | $4,193 |
| Coupang, Inc. | Q3 2025 Form 10-Q | 7 |
Table of Contents
| Redeemable Noncontrolling Interests · Class A and Class B Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Noncontrolling Interests · Total Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) · Shares · Amount | ||||||||
| Balance as of December 31, 2024 | $75 | 1,801 | $— | $8,736 | $(404) | $(4,229) | $(1) | $4,102 |
| Net income | 4 | — | — | — | — | 107 | 3 | 110 |
| Foreign currency translation adjustments, net of tax | (3) | — | — | — | (2) | — | — | (2) |
| Actuarial gain on defined severance benefits, net of tax | — | — | — | — | 2 | — | — | 2 |
| Issuance of common stock upon settlement of restricted stock units | — | 6 | — | — | — | — | — | — |
| Re-measurement of noncontrolling interest | 3 | — | — | (3) | — | — | — | (3) |
| Equity-based compensation | — | — | — | 121 | — | — | — | 121 |
| Acquisition of noncontrolling interest | (51) | — | — | 44 | — | — | — | 44 |
| Dividends paid to noncontrolling interest | (4) | — | — | — | — | — | — | — |
| Balance as of March 31, 2025 | $24 | 1,807 | $— | $8,898 | $(404) | $(4,122) | $2 | $4,374 |
| Net income (loss) | — | — | — | — | — | 32 | (1) | 31 |
| Foreign currency translation adjustments, net of tax | — | — | — | — | 153 | — | — | 153 |
| Actuarial gain on defined severance benefits, net of tax | — | — | — | — | 3 | — | — | 3 |
| Issuance of common stock upon exercise of stock options | — | 1 | — | 3 | — | — | — | 3 |
| Issuance of common stock upon settlement of restricted stock units | — | 6 | — | — | — | — | — | — |
| Equity-based compensation | — | — | — | 113 | — | — | — | 113 |
| Acquisition of noncontrolling interest | (24) | 5 | — | 11 | (2) | — | (1) | 8 |
| Balance as of June 30, 2025 | $— | 1,819 | $— | $9,025 | $(250) | $(4,090) | $— | $4,685 |
| Net income | — | — | — | — | — | 95 | — | 95 |
| Foreign currency translation adjustments, net of tax | — | — | — | — | (79) | — | — | (79) |
| Actuarial gain on defined severance benefits, net of tax | — | — | — | — | 2 | — | — | 2 |
| Issuance of common stock upon exercise of stock options | — | 1 | — | 1 | — | — | — | 1 |
| Issuance of common stock upon settlement of restricted stock units | — | 6 | — | — | — | — | — | — |
| Repurchase of Class A common stock | — | (3) | — | (81) | — | — | — | (81) |
| Equity-based compensation | — | — | — | 118 | — | — | — | 118 |
| Balance as of September 30, 2025 | $— | 1,823 | $— | $9,063 | $(327) | $(3,995) | $— | $4,741 |
| Coupang, Inc. | Q3 2025 Form 10-Q | 8 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.