Earnings per Share

6 Months Ended

Jun. 30, 2025

Basic earnings per share is computed by dividing net income attributable to Coupang stockholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing net income attributable to Coupang stockholders by the weighted-average number of shares of common stock and potentially dilutive common stock outstanding during the period.

We have two classes of common stock outstanding, Class A common stock and Class B common stock (collectively “common stock”), with equal rights to dividends and income. Earnings per share attributable to Coupang stockholders are therefore the same for Class A and Class B common stock, both on an individual and combined basis.

The following table presents the calculation of basic and diluted earnings per share attributable to Coupang stockholders:


	Three Months Ended June 30,				Six Months Ended June 30,
(in millions, except per share amounts)	2025		2024		2025		2024
Numerator:
Net income (loss) attributable to Coupang stockholders	$	32	$	(77)	$	139	$	(72)

Denominator:
Weighted-average shares used in computing net income (loss) per share attributable to Class A and Class B common stockholders:
Basic	1,817		1,789		1,812		1,791
Dilutive effect of equity compensation awards	38		—		35		—
Diluted	1,855		1,789		1,847		1,791

Earnings per share:
Basic	$	0.02	$	(0.04)	$	0.08	$	(0.04)
Diluted	$	0.02	$	(0.04)	$	0.08	$	(0.04)

Anti-dilutive shares	—		34		—		28

Note: Amounts may not foot due to rounding.