2022 Q1 Form 10-Q Financial Statement

#000183458422000037 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $5.117B $4.207B
YoY Change 21.63% 74.32%
Cost Of Revenue $4.073B $3.474B
YoY Change 17.24% 75.21%
Gross Profit $1.043B $732.5M
YoY Change 42.44% 70.23%
Gross Profit Margin 20.39% 17.41%
Selling, General & Admin $1.249B $999.8M
YoY Change 24.94% 98.41%
% of Gross Profit 119.71% 136.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $59.24M $47.38M
YoY Change 25.02% 86.46%
% of Gross Profit 5.68% 6.47%
Operating Expenses $1.249B $999.8M
YoY Change 24.94% 98.41%
Operating Profit -$205.7M -$267.3M
YoY Change -23.05% 263.02%
Interest Expense $7.368M $24.82M
YoY Change -70.32% -6.38%
% of Operating Profit
Other Income/Expense, Net $490.0K -$3.826M
YoY Change -112.81% -62.64%
Pretax Income -$209.0M -$295.0M
YoY Change -29.14% 180.36%
Income Tax $245.0K $8.000K
% Of Pretax Income
Net Earnings -$209.3M -$295.0M
YoY Change -29.06% 180.04%
Net Earnings / Revenue -4.09% -7.01%
Basic Earnings Per Share -$0.12 -$0.68
Diluted Earnings Per Share -$0.12 -$0.68
COMMON SHARES
Basic Shares Outstanding 1.757B shares 434.9M shares
Diluted Shares Outstanding 1.757B shares 434.9M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.369B $4.333B
YoY Change -22.24%
Cash & Equivalents $3.369B $4.333B
Short-Term Investments
Other Short-Term Assets $256.9M $239.1M
YoY Change 7.45%
Inventory $1.378B $1.307B
Prepaid Expenses
Receivables $170.6M $81.42M
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.482B $6.156B
YoY Change -10.95%
LONG-TERM ASSETS
Property, Plant & Equipment $1.426B $1.071B
YoY Change 33.19%
Goodwill $9.536M $4.077M
YoY Change 133.9%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $309.6M $236.0M
YoY Change 31.17%
Total Long-Term Assets $3.211B $2.440B
YoY Change 31.58%
TOTAL ASSETS
Total Short-Term Assets $5.482B $6.156B
Total Long-Term Assets $3.211B $2.440B
Total Assets $8.693B $8.597B
YoY Change 1.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.330B $2.965B
YoY Change 12.32%
Accrued Expenses $249.6M $134.9M
YoY Change 85.1%
Deferred Revenue $100.6M $64.27M
YoY Change 56.46%
Short-Term Debt $7.686M $154.2M
YoY Change -95.02%
Long-Term Debt Due $193.3M $171.3M
YoY Change 12.85%
Total Short-Term Liabilities $4.495B $3.917B
YoY Change 14.74%
LONG-TERM LIABILITIES
Long-Term Debt $611.1M $273.8M
YoY Change 123.17%
Other Long-Term Liabilities $1.550B $1.131B
YoY Change 37.12%
Total Long-Term Liabilities $2.161B $1.404B
YoY Change 53.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.495B $3.917B
Total Long-Term Liabilities $2.161B $1.404B
Total Liabilities $6.656B $5.321B
YoY Change 25.08%
SHAREHOLDERS EQUITY
Retained Earnings -$5.860B -$4.403B
YoY Change 33.09%
Common Stock $176.0K $173.0K
YoY Change 1.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.037B $3.275B
YoY Change
Total Liabilities & Shareholders Equity $8.693B $8.597B
YoY Change 1.12%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$209.3M -$295.0M
YoY Change -29.06% 180.04%
Depreciation, Depletion And Amortization $59.24M $47.38M
YoY Change 25.02% 86.46%
Cash From Operating Activities -$54.94M -$183.3M
YoY Change -70.04% -158.26%
INVESTING ACTIVITIES
Capital Expenditures $238.9M $146.8M
YoY Change 62.71% 115.6%
Acquisitions
YoY Change
Other Investing Activities $14.37M $3.681M
YoY Change 290.3% -195.51%
Cash From Investing Activities -$249.0M -$150.5M
YoY Change 65.49% 134.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $198.6M $3.506B
YoY Change -94.34% 2967.65%
NET CHANGE
Cash From Operating Activities -$54.94M -$183.3M
Cash From Investing Activities -$249.0M -$150.5M
Cash From Financing Activities $198.6M $3.506B
Net Change In Cash -$132.8M $3.132B
YoY Change -104.24% 913.59%
FREE CASH FLOW
Cash From Operating Activities -$54.94M -$183.3M
Capital Expenditures $238.9M $146.8M
Free Cash Flow -$293.8M -$330.2M
YoY Change -11.0% -233.88%

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30000 USD
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
14367000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3681000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-249028000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-150482000 USD
CY2022Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
3431277000 USD
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
11618000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
8183000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
43735000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
343975000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
56464000 USD
CY2022Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
152029000 USD
CY2021Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
13687000 USD
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1547000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-487000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
198582000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3505684000 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-27404000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-39457000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-132789000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3132396000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3810347000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1401302000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3677558000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4533698000 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2232000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
401000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
6249000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
6973000 USD
CY2022Q1 cpng Capital Expenditures Incurred Increase Decrease Not Yet Paid1
CapitalExpendituresIncurredIncreaseDecreaseNotYetPaid1
-74563000 USD
CY2021Q1 cpng Capital Expenditures Incurred Increase Decrease Not Yet Paid1
CapitalExpendituresIncurredIncreaseDecreaseNotYetPaid1
1230000 USD
CY2022Q1 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 USD
CY2021Q1 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
87064000 USD
CY2022Q1 cpng Conversion Of Temporary Equity Amount Issued
ConversionOfTemporaryEquityAmountIssued
0 USD
CY2021Q1 cpng Conversion Of Temporary Equity Amount Issued
ConversionOfTemporaryEquityAmountIssued
3465611000 USD
CY2022Q1 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
CY2021Q1 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
609999000 USD
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. On an ongoing basis, we evaluate our estimates, which include, but are not limited to, equity-based compensation, inventory valuation, income taxes, defined severance benefits, and revenue recognition. Actual results could differ materially from those estimates. We based our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances. Given the global economic climate and additional or unforeseen effects from the COVID-19 pandemic, these estimates become more challenging, and actual results could differ materially from these estimates.</span></div>
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 numberOfReportableSegment
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 numberOfReportableSegment
CY2022Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Credit Risk Cash and cash equivalents and restricted cash are potentially subject to concentration of credit risk. Cash and cash equivalents, and restricted cash are placed with several financial institutions that management believes are of high credit quality, of which 77% and 77% were held at three and four financial institutions as of March 31, 2022 and December 31, 2021, respectively.
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5116686000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4206860000 USD
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
74000000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
60000000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1872159000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1756519000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
446320000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
408988000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1425839000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1347531000 USD
CY2022Q1 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P11Y
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
102098000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
75397000 USD
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
10128000 USD
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
8982000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
112226000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
84379000 USD
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
83063000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
58116000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
174824000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
214745000 USD
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
21761000 USD
CY2021Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
6938000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0636
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0617
CY2022Q1 cpng Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
460000000 USD
CY2022Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
2055574000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
808019000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
626181000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
193269000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
341717000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
3697000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1274000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
611053000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
283190000 USD
CY2022Q1 us-gaap Recorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
RecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
194403000 USD
CY2022Q1 cpng Debt Principal And Interest Due Remainder Of Fiscal Year
DebtPrincipalAndInterestDueRemainderOfFiscalYear
209647000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
288858000 USD
CY2022Q1 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
692908000 USD
CY2022Q1 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
RecordedUnconditionalPurchaseObligationDueWithinOneYear
200656000 USD
CY2022Q1 cpng Debt Principal And Interest Due Year One
DebtPrincipalAndInterestDueYearOne
74381000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
363899000 USD
CY2022Q1 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
638936000 USD
CY2022Q1 us-gaap Recorded Unconditional Purchase Obligation Due In Second Year
RecordedUnconditionalPurchaseObligationDueInSecondYear
92957000 USD
CY2022Q1 cpng Debt Principal And Interest Due Year Two
DebtPrincipalAndInterestDueYearTwo
211446000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
326855000 USD
CY2022Q1 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
631258000 USD
CY2022Q1 us-gaap Recorded Unconditional Purchase Obligation Due In Third Year
RecordedUnconditionalPurchaseObligationDueInThirdYear
76093000 USD
CY2022Q1 cpng Debt Principal And Interest Due Year Three
DebtPrincipalAndInterestDueYearThree
15839000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
274252000 USD
CY2022Q1 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
366184000 USD
CY2022Q1 us-gaap Recorded Unconditional Purchase Obligation Due In Fourth Year
RecordedUnconditionalPurchaseObligationDueInFourthYear
25720000 USD
CY2022Q1 cpng Debt Principal And Interest Due Year Four
DebtPrincipalAndInterestDueYearFour
62193000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
203745000 USD
CY2022Q1 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
291658000 USD
CY2022Q1 cpng Recorded Unconditional Purchase Obligation To Be Paid After Year Four
RecordedUnconditionalPurchaseObligationToBePaidAfterYearFour
0 USD
CY2022Q1 cpng Debt Principal And Interest Due After Year Four
DebtPrincipalAndInterestDueAfterYearFour
333832000 USD
CY2022Q1 cpng Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
507708000 USD
CY2022Q1 cpng Contractual Obligation To Be Paid After Year Four
ContractualObligationToBePaidAfterYearFour
841540000 USD
CY2022Q1 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
589829000 USD
CY2022Q1 cpng Debt Principal And Interest Due
DebtPrincipalAndInterestDue
907338000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1965317000 USD
CY2022Q1 us-gaap Contractual Obligation
ContractualObligation
3462484000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
368959000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1596358000 USD
CY2019Q2 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
1448632049 shares
CY2019Q2 us-gaap Common Unit Authorized
CommonUnitAuthorized
264166544 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
0.05
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
0.05
CY2021Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
30555000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
55593000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
86966000 USD
CY2022Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
38967000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
434917000 shares
CY2022Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1704000 USD
CY2021Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
594000 USD
CY2022Q1 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
906000 USD
CY2021Q1 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
23000 USD
CY2022Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2905000 USD
CY2021Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1100000 USD
CY2022Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
44482000 USD
CY2021Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
32272000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-209294000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-295033000 USD
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1756739000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1756739000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
434917000 shares
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.68
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.68
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 numberOfReportableSegment
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 numberOfReportableSegment
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 numberOfReportableSegment
CY2022Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 numberOfReportableSegment
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5116686000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4206860000 USD
CY2022Q1 cpng Adjusted Earnings Before Interest Tax Depreciation And Amortisation
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortisation
-90872000 USD
CY2021Q1 cpng Adjusted Earnings Before Interest Tax Depreciation And Amortisation
AdjustedEarningsBeforeInterestTaxDepreciationAndAmortisation
-132966000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-209049000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-295025000 USD

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