Coupang’s Q2 revenue exceeded 11.9 trillion won… ‘Largest’ quarterly revenue ever

Coupang Inc. Surpasses 11.9 Trillion KRW in Q2 Revenue… Achieves Record High Performance

Coupang Inc. recorded its highest quarterly revenue in history in Q2 2025 and successfully turned a profit.

According to the consolidated earnings report submitted to the U.S. Securities and Exchange Commission (SEC) on the 6th, Coupang Inc.'s Q2 revenue reached 11.9763 trillion KRW, marking a 19% increase compared to the same period last year. This figure is based on an average quarterly exchange rate of 1,405.02 KRW.

Operating profit for Q2 was recorded at 209.3 billion KRW, a complete turnaround from an operating loss of 34.2 billion KRW in the same period last year.

Complete Turnaround to Profitability

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Net income for the period also reached 43.5 billion KRW, significantly improving from a net loss of 143.8 billion KRW in the same period last year. The operating profit margin was 1.7%, while the net profit margin was 0.4%.

Growth Businesses such as Taiwan, Farfetch, and Coupang Eats Drive Revenue

The main driver of Coupang Inc.'s revenue growth this quarter was its growth business segment, including Taiwan, Farfetch, and Coupang Eats.

Revenue from this segment reached 1.6719 trillion KRW, reflecting a 33% increase compared to the same period last year. Compared to Q1's growth business revenue of 1.5078 trillion KRW, this represents an 11% increase.

Coupang Inc.'s core Product Commerce segment (Rocket Delivery, Rocket Fresh, Rocket Grow, Marketplace) also showed strong growth.

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The number of active customers was 23.9 million, which is a 10% increase from 21.7 million in the same period last year.

Revenue for Product Commerce stood at 10.3044 trillion KRW, a 17% increase compared to the same period last year. The revenue per active customer for Product Commerce was 431,340 KRW, marking a 6% increase from the previous year.

Image source: Coupang Headquarters / News1, Coupang