Coupang swings to Q3 loss on warehouse fire-related costs

Coupang reported a net loss of 715.1 billion won in the third quarter, with earnings weighed down by costs from a July warehouse fire in Incheon and the lingering effects of a data breach. The U.S.-listed company had posted a net profit of 131.6 billion won in the same quarter a year earlier. Its operating result also shifted to a loss, while sales increased 11 percent year over year.

Coupang’s third-quarter sales rose to 14.22 trillion won from 12.85 trillion won a year earlier.

The company recorded an operating loss of 642.3 billion won, compared with operating profit of 224.5 billion won in the same period of 2025.

Coupang reported net losses for three consecutive quarters in 2026.

The data breach disclosed in November 2025 affected more than 37 million customers.

The July fire occurred at a Coupang Fulfillment Center in Incheon, about 30 kilometers west of Seoul.

Published Nov 4, 2026 7:50 am KST

Coupang headquarters in Seoul's Songpa District, Dec. 4, 2025 / Korea Times file

E-commerce giant Coupang, Inc. said Wednesday it swung to a net loss in the third quarter from a year earlier, largely due to costs caused by a warehouse fire.

In the three months that ended in September, the U.S.-listed company posted a net loss of 715.1 billion won ($501 million) from a net profit of 131.6 billion won in the same period last year, it said in a press release.

The fire at a Coupang Fulfillment Center in Incheon, about 30 kilometers west of Seoul, in July weighed on the company's quarterly earnings, it said.

The blaze was the second-longest-lasting warehouse fire in South Korea, following a 2021 fire at a Coupang distribution center in Icheon, some 50 km southeast of Seoul, which burned for about 130 hours.

Coupang has now reported net losses for three consecutive quarters this year, with the lingering fallout from a data breach also weighing on its earnings.

The U.S.-listed company, which generates most of its revenue in South Korea, has faced strong public backlash since disclosing in November 2025 a data breach that affected more than 37 million customers.

It also swung to an operating loss of 642.3 billion won in the third quarter from an operating profit of 224.5 billion won in the same three months of 2025.

Sales, on the other hand, rose 11 percent to 14.22 trillion won from 12.85 trillion won a year earlier.

Coupang公布第三季度净亏损7151亿韩元，盈利受到7月份仁川仓库火灾损失以及数据泄露事件持续影响的拖累。这家在美国上市的公司去年同期净利润为1316亿韩元。尽管销售额同比增长11%，但其营业利润也由盈转亏。

Coupang 第三季度销售额从上年同期的 12.85 万亿韩元增至 14.22 万亿韩元。

该公司录得营业亏损 6423 亿韩元，而 2025 年同期营业利润为 2245 亿韩元。

Coupang 报告称，2026 年连续三个季度出现净亏损。

2025年11月披露的数据泄露事件影响了超过3700万客户。

7 月份的火灾发生在仁川的 Coupang 物流中心，该中心位于首尔以西约 30 公里处。

发布于2026年11月4日 上午7:50（韩国标准时间）

2025年12月4日，首尔松坡区Coupang总部 / 《韩国时报》资料图

电子商务巨头 Coupang 公司周三表示，由于仓库火灾造成的损失，该公司第三季度由去年同期转为净亏损。

该公司在一份新闻稿中表示，截至9月份的三个月内，这家在美国上市的公司净亏损7151亿韩元（5.01亿美元），而去年同期净利润为1316亿韩元。

该公司表示，7 月份发生在首尔以西约 30 公里仁川的 Coupang 物流中心的火灾对公司季度收益造成了影响。

这场大火是韩国历史上持续时间第二长的仓库火灾，仅次于 2021 年发生在首尔东南约 50 公里处利川市 Coupang 配送中心的火灾，那场火灾燃烧了约 130 小时。

Coupang 今年已连续三个季度出现净亏损，数据泄露事件的持续影响也对其盈利造成了压力。

这家在美国上市的公司，其大部分收入来自韩国，自 2025 年 11 月披露一起影响超过 3700 万客户的数据泄露事件以来，一直面临着强烈的公众舆论反弹。

该公司第三季度由营业利润 2245 亿韩元转为营业亏损 6423 亿韩元，而 2025 年同期则为营业利润 2245 亿韩元。

另一方面，销售额增长了 11%，从上年同期的 12.85 万亿韩元增至 14.22 万亿韩元。