10-Q Filing

COUPANG, INC. CIK: 1834584 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001834584-22-000037`
Period End Date	20220331
Filing Date	20220512
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	cpng-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 38 Cash Flow Statement 76 Stockholders Equity 25

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.37B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.49B	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$319.80M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$307.10M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$175.35M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$170.60M	USD	Point-in-time
Inventories	`InventoryNet`	$1.42B	USD	Point-in-time
Inventories	`InventoryNet`	$1.38B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$232.45M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$256.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.48B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.64B	USD	Point-in-time
Long-term restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.84M	USD	Point-in-time
Long-term restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.10M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.43B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.35B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.47B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.37B	USD	Point-in-time
Goodwill	`Goodwill`	$9.54M	USD	Point-in-time
Goodwill	`Goodwill`	$9.74M	USD	Point-in-time
Long-term lease deposits and other	`DepositsAssetsNoncurrent`	$308.46M	USD	Point-in-time
Long-term lease deposits and other	`DepositsAssetsNoncurrent`	$270.29M	USD	Point-in-time
Total assets	`Assets`	$8.64B	USD	Point-in-time
Total assets	`Assets`	$8.69B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.44B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.33B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$304.29M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$249.62M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$93.97M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$100.55M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$7.81M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$7.69M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$193.27M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$341.72M	USD	Point-in-time
Current portion of long-term operating lease obligations	`OperatingLeaseLiabilityCurrent`	$299.57M	USD	Point-in-time
Current portion of long-term operating lease obligations	`OperatingLeaseLiabilityCurrent`	$287.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$313.91M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$266.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.74B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.49B	USD	Point-in-time
Long-term debt	`SecuredLongTermDebt`	$611.05M	USD	Point-in-time
Long-term debt	`SecuredLongTermDebt`	$283.19M	USD	Point-in-time
Long-term operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$1.30B	USD	Point-in-time
Long-term operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$1.20B	USD	Point-in-time
Defined severance benefits and other	`DefinedBenefitPlanAndOtherLongTermLiabilities`	$237.12M	USD	Point-in-time
Defined severance benefits and other	`DefinedBenefitPlanAndOtherLongTermLiabilities`	$253.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.47B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.66B	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A common stock, $0.0001 par value, 10,000,000,000 shares authorized, 1,586,254,594 and 1,579,399,667 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively; Class B common stock, $0.0001 par value, 250,000,000 shares authorized, 174,802,990 shares issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$176.00K	USD	Point-in-time
Class A common stock, $0.0001 par value, 10,000,000,000 shares authorized, 1,586,254,594 and 1,579,399,667 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively; Class B common stock, $0.0001 par value, 250,000,000 shares authorized, 174,802,990 shares issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$175.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.94B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.87B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-40.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-47.74M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.86B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.65B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.18B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-4.07B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.28B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.64B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$8.69B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.12B	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.21B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.47B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.07B	USD	1 Quarter
Operating, general and administrative	`GeneralAndAdministrativeExpense`	$999.82M	USD	1 Quarter
Operating, general and administrative	`GeneralAndAdministrativeExpense`	$1.25B	USD	1 Quarter
Total operating cost and expenses	`CostsAndExpenses`	$4.47B	USD	1 Quarter
Total operating cost and expenses	`CostsAndExpenses`	$5.32B	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-205.71M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-267.32M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.53M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$940.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$24.82M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.37M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.83M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$490.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-209.05M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-295.02M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$245.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-209.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-295.03M	USD	1 Quarter
Net loss attributable to Class A and Class B common stockholders per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Net loss attributable to Class A and Class B common stockholders per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.68	USD	1 Quarter
Net loss attributable to Class A and Class B common stockholders per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.68	USD	1 Quarter
Net loss attributable to Class A and Class B common stockholders per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	434.92M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.76B	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	434.92M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.76B	shares	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.01M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.97M	USD	1 Quarter
Actuarial gain on defined severance benefits, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.81M	USD	1 Quarter
Actuarial gain on defined severance benefits, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-918.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.82M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.89M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-279.14M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-202.47M	USD	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-209.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-295.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$59.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.38M	USD	1 Quarter
Provision for severance benefits	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$44.48M	USD	1 Quarter
Provision for severance benefits	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$32.27M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$55.59M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$86.97M	USD	1 Quarter
Paid-in-kind interest and accretion of discount on convertible notes	`PaidInKindInterest`	$20.15M	USD	1 Quarter
Paid-in-kind interest and accretion of discount on convertible notes	`PaidInKindInterest`	-	USD	1 Quarter
Non-cash operating lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$77.22M	USD	1 Quarter
Non-cash operating lease expense	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$57.32M	USD	1 Quarter
Non-cash others	`OtherNoncashIncomeExpense`	$-15.15M	USD	1 Quarter
Non-cash others	`OtherNoncashIncomeExpense`	$-16.51M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-266.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$14.08M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$209.44M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-6.86M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$66.51M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$72.44M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$28.04M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$166.54M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$22.74M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-49.98M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$8.47M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.60M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-42.48M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-25.85M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-183.35M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.94M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$238.91M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$146.83M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.25M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$30.00K	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$3.68M	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$14.37M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.48M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-249.03M	USD	1 Quarter
Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts	`ProceedsFromIssuanceInitialPublicOffering`	$3.43B	USD	1 Quarter
Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	1 Quarter
Deferred offering costs paid	`PaymentsOfStockIssuanceCosts`	$11.62M	USD	1 Quarter
Deferred offering costs paid	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Proceeds from issuance of common stock/units, equity-based compensation plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$8.18M	USD	1 Quarter
Proceeds from issuance of common stock/units, equity-based compensation plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$43.73M	USD	1 Quarter
Proceeds from short-term borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$56.46M	USD	1 Quarter
Proceeds from short-term borrowings and long-term debt	`ProceedsFromIssuanceOfDebt`	$343.98M	USD	1 Quarter
Repayment of short-term borrowings and long-term debt	`RepaymentsOfDebt`	$152.03M	USD	1 Quarter
Repayment of short-term borrowings and long-term debt	`RepaymentsOfDebt`	$13.69M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.55M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-487.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$198.58M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.51B	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-27.40M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-39.46M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-132.79M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.13B	USD	1 Quarter
Cash and cash equivalents, and restricted cash, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.81B	USD	Point-in-time
Cash and cash equivalents, and restricted cash, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.68B	USD	Point-in-time
Cash and cash equivalents, and restricted cash, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40B	USD	Point-in-time
Cash and cash equivalents, and restricted cash, as of beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.53B	USD	Point-in-time
Cash and cash equivalents, and restricted cash, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.81B	USD	Point-in-time
Cash and cash equivalents, and restricted cash, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.68B	USD	Point-in-time
Cash and cash equivalents, and restricted cash, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40B	USD	Point-in-time
Cash and cash equivalents, and restricted cash, as of end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.53B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$2.23M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$401.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$6.97M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$6.25M	USD	1 Quarter
(Decrease) increase in property and equipment-related accounts payable	`CapitalExpendituresIncurredIncreaseDecreaseNotYetPaid1`	$1.23M	USD	1 Quarter
(Decrease) increase in property and equipment-related accounts payable	`CapitalExpendituresIncurredIncreaseDecreaseNotYetPaid1`	$-74.56M	USD	1 Quarter
Conversion of common units into Class A and Class B common stock	`ConversionOfStockAmountIssued1`	$87.06M	USD	1 Quarter
Conversion of common units into Class A and Class B common stock	`ConversionOfStockAmountIssued1`	-	USD	1 Quarter
Conversion of redeemable convertible preferred units into Class A and Class B common stock	`ConversionOfTemporaryEquityAmountIssued`	-	USD	1 Quarter
Conversion of redeemable convertible preferred units into Class A and Class B common stock	`ConversionOfTemporaryEquityAmountIssued`	$3.47B	USD	1 Quarter
Conversion of convertible notes into Class A common stock	`DebtConversionConvertedInstrumentAmount1`	$610.00M	USD	1 Quarter
Conversion of convertible notes into Class A common stock	`DebtConversionConvertedInstrumentAmount1`	-	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.18B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-4.07B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.28B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-209.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-295.03M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.01M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$14.97M	USD	1 Quarter
Actuarial gain on defined severance benefits, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.81M	USD	1 Quarter
Actuarial gain on defined severance benefits, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-918.00K	USD	1 Quarter
Issuance of common units, equity-based compensation plan	`PreIPOSharesIssuedValueShareBasedPaymentArrangementAfterForfeiture`	$38.97M	USD	1 Quarter
Issuance of common stock upon settlement of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.97M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$55.59M	USD	1 Quarter
Conversion of common units into Class A and Class B common stock	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Conversion of redeemable convertible preferred units into Class A and Class B common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$3.47B	USD	1 Quarter
Issuance of Class A common stock, net of underwriting discounts and offering costs	`StockIssuedDuringPeriodValueNewIssues`	$3.42B	USD	1 Quarter
Conversion of convertible notes into Class A common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleNotes`	$610.00M	USD	1 Quarter
Issuance of common units, equity-based compensation plan	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.77M	USD	1 Quarter
Issuance of common units, equity-based compensation plan	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.18M	USD	1 Quarter
Equity-based compensation subsequent to Corporate Conversion and IPO	`PostIPOAPICShareBasedPaymentArrangementIncreaseForCostRecognition`	$83.99M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.18B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-4.07B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.28B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.