Logo

GRPN

Groupon, Inc.

GRPN

Groupon, Inc. • NASDAQ
$16.91 ▼ -0.24% (-0.04)
Market Cap $689.15 M
52w High $43.08
52w Low $9.06
Dividend Yield 0%
P/E -4.78
Volume 460.73K
Outstanding Shares 40.75M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $122.825M ▼ $107.242M ▲ $-118.373M ▼ -96.375% ▼ $-2.92 ▼ $-88.846M ▼
Q2-2025 $125.702M ▲ $101.372M ▼ $20.337M ▲ 16.179% ▲ $0.51 ▲ $39.818M ▲
Q1-2025 $117.187M ▼ $104.414M ▼ $7.175M ▲ 6.123% ▲ $0.18 ▲ $19.037M ▲
Q4-2024 $130.379M ▲ $115.535M ▲ $-50.649M ▼ -38.848% ▼ $-1.2 ▼ $-32.915M ▼
Q3-2024 $114.479M $108.481M $13.928M 12.166% $0.35 $25.849M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $267.806M ▲ $608.177M ▼ $667.564M ▲ $-59.552M ▼
Q2-2025 $262.575M ▲ $647.403M ▲ $596.082M ▲ $51.196M ▲
Q1-2025 $226.814M ▼ $608.153M ▼ $562.496M ▼ $45.479M ▲
Q4-2024 $228.843M ▲ $612.69M ▲ $571.639M ▲ $40.815M ▲
Q3-2024 $159.71M $548.014M $507.804M $39.994M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-118.373M ▼ $-20.506M ▼ $-3.024M ▼ $-3.275M ▼ $-28.888M ▼ $-24.588M ▼
Q2-2025 $20.122M ▲ $28.419M ▲ $10.761M ▲ $-2.684M ▼ $36.007M ▲ $25.189M ▲
Q1-2025 $7.175M ▲ $-22K ▼ $-3.737M ▲ $-454K ▼ $-1.882M ▼ $-3.759M ▼
Q4-2024 $-50.118M ▼ $66.963M ▲ $-3.742M ▼ $14.861M ▲ $74.353M ▲ $63.221M ▲
Q3-2024 $0 $-16.258M $-3.442M $-691K $-18.238M $-19.7M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
International Segment
International Segment
 $0 ▲$0 ▲$0 ▲$30.00M ▲
Goods
Goods
 $10.00M ▲$0 ▼$0 ▲$0 ▲
Local
Local
 $120.00M ▲$110.00M ▼$120.00M ▲$0 ▼
Travel
Travel
 $0 ▲$10.00M ▲$10.00M ▲$0 ▼

Five-Year Company Overview

Income Statement

Income Statement Groupon’s sales have been shrinking steadily over the last several years, and the business today is much smaller than it was in 2020. On the positive side, the company still earns a solid gross margin, which means the core deals marketplace can generate decent profit after direct costs. Operating results have improved from deep losses to roughly break-even, showing that cost-cutting and the shift toward higher‑margin local services are helping. However, the bottom line is still in the red most years, with only one recent year showing a notable profit, so earnings remain fragile and volatile. Overall, this looks like a company in turnaround mode: progress on profitability, but on a reduced revenue base and with no steady track record of net profits yet.

Balance Sheet

Balance Sheet The balance sheet looks thin and somewhat fragile. Total assets have declined over time, and cash has come down from earlier years, though it has recently stabilized at a more modest level. Debt remains meaningful relative to the company’s size and has not been reduced as quickly as the asset base, which keeps financial risk elevated. Shareholders’ equity has hovered near zero and was even negative at one point, signaling limited cushion against future losses. In simple terms, Groupon does not have a lot of balance‑sheet safety margin and is more exposed to setbacks than a better-capitalized peer.

Cash Flow

Cash Flow Cash generation has been a weak spot but is showing some improvement. For several years, the core business consumed cash, with negative operating and free cash flow. More recently, operating cash flow has turned positive and free cash flow has followed, helped by tight spending and low investment needs. Capital expenditures are small, which lowers the burden on cash, but also suggests limited investment in physical growth assets. The recent move into positive free cash flow is encouraging, but the history of cash burn means consistency here is important to watch.

Competitive Edge

Competitive Edge Groupon operates in a crowded and easily copied space, where both large tech platforms and smaller local competitors can offer deals and discounts. Its main strengths are a well-known brand, a large base of consumers looking for bargains, and a broad network of local merchants, which together create a useful two‑sided marketplace. These relationships and the accumulated data on local demand give Groupon some staying power and a modest network effect. However, barriers to entry are not high, and bigger players with broader ecosystems can pull users and merchants away if Groupon’s offering is not clearly better. In short, Groupon has meaningful assets and recognition, but its competitive moat is shallow and depends heavily on ongoing product and user‑experience improvements.

Innovation and R&D

Innovation and R&D The company is leaning on technology to strengthen its position rather than simply competing on discounts. It has revamped its merchant tools, giving local businesses more control over campaigns, pricing, and bookings, which can deepen merchant loyalty and make the platform more useful. Groupon has moved more of its systems to the cloud and is pushing automation and self‑service, which can lower costs and speed up experimentation. A major focus is personalization and mobile, using improved search, recommendations, and repeat‑purchase features to increase how often customers use the app. Groupon is also betting on artificial intelligence—both for creating and optimizing deals and for powering new experiences, including potential integrations where AI agents can book offers directly—signaling a strategic push to differentiate through smarter technology rather than just more deals.

Summary

Groupon today is a turnaround story: a smaller, leaner company trying to rebuild sustainable profitability around local, higher‑margin experiences. Revenue has fallen significantly from earlier levels, but margins and operating results have improved, and cash flow recently turned positive, showing that the business model can work at this scale if execution is tight. At the same time, the balance sheet is thin, leverage is meaningful relative to equity, and the company has little room for major missteps. Competitive pressures remain intense, with many alternatives for both consumers and merchants, so Groupon’s future rests on whether its technology investments, AI initiatives, and merchant tools can create a noticeably better marketplace experience. Overall, this is a business in active transition with clear strategic efforts and some early financial progress, but still carrying notable financial and competitive risk.

NEWS

November 6, 2025 · 4:17 PM UTC

Groupon Reports Third Quarter 2025 Results

Read more

October 29, 2025 · 7:00 AM UTC

Groupon Announces Date for Third Quarter Financial Results

Read more