Groupon Earnings Reports

Groupon's Q4 2024 revenue declined by 5% year-over-year, while net loss widened to $50.1 million. Active customers remained stable sequentially but fell compared to the prior year. The company saw strong growth in North America Local Billings, offset by declines in the International segment. Groupon ended the quarter with $228.8 million in cash, positioning itself for future strategic initiatives.

Groupon's Q3 2024 results showed a mixed performance with revenue at $114.5 million, a 9% decrease year-over-year, while achieving a net income of $14.5 million and an adjusted EBITDA of $14.8 million. The company exited the quarter with $159.7 million in cash.

Groupon's Q2 2024 results showed a revenue of $124.6 million, a net loss of $9.4 million, and positive free cash flow of $10.8 million. North America Local revenues grew by 7% year-over-year.

Groupon's Q1 2024 results exceeded expectations, marked by a return to consolidated revenue growth for the first time since 2016 and the fourth consecutive quarter of positive Adjusted EBITDA. The company reported global revenue of $123.1 million and an adjusted EBITDA of $19.5 million.

Groupon's Q4 2023 results showed a revenue of $137.7 million, a net income of $28.5 million, and positive operating and free cash flow. The company's improved financial performance and increased liquidity resolved its going concern issue.

Groupon's Q3 2023 results showed a global revenue of $126.5 million and a net loss of $40.8 million, with adjusted EBITDA at $18.2 million. The company is shifting focus from cost-cutting to topline growth, targeting projects in product, engineering, sales, marketing, and revenue management.

Groupon's Q2 2023 results showed a global revenue of $129.1 million and a net loss of $12.0 million. Adjusted EBITDA was $15.2 million, and the company exited the quarter with $118.1 million in cash. The company saw improvements in the rate of decline during the second quarter, earlier than anticipated, and expect that trend to continue throughout 2023.

Groupon's Q1 2023 results revealed serious business challenges, with a global revenue of $121.6 million and a net loss of $28.6 million. The company is focused on executing a transformation plan to rebuild and reposition itself for future growth, aiming to remove $250 million of annualized costs by the end of 2023. International Active Local Customers Grew Year-Over-Year for 5th Consecutive Quarter

Groupon's Q4 2022 results showed a revenue of $148 million and a net loss of $54 million. The company is focused on a transformation strategy, aiming to improve inventory, reduce marketing spend, and streamline costs.

Groupon's Q3 2022 results show progress in their turnaround strategy, with a stable local category and expansion in food & dining inventory. The company is on track to reduce its cost structure by $150 million and expects to generate free cash flow in Q4.

Groupon reported a global revenue of $153.2 million and a net loss of $90.3 million for Q2 2022. The company is implementing a cost reduction plan targeting $150 million in annual savings and is reiterating its 2023 financial targets, including a minimum of $100 million in free cash flow and an Adjusted EBITDA margin of 15-20%.

Groupon reported Q1 2022 results with a global revenue of $153.3 million, global billings of $460.7 million, a net loss of $34.4 million, and adjusted EBITDA of negative $7.0 million. The company exited the quarter with $403.0 million in cash and is focusing on reducing costs and differentiating inventory to improve its marketplace.

Groupon's Q4 2021 results showed a decrease in revenue to $223 million, but net income increased to $30 million. The company returned to cash flow generation with $19 million in free cash flow and ended the year with nearly $499 million in cash.

Groupon announced its Q3 2021 financial results, reporting $553 million in global billings, $214 million in revenue, and $35 million in adjusted EBITDA. The company is making progress on expanding Local inventory and improving the merchant experience.

Groupon's Q2 2021 results showed a revenue of $266.0 million, a net loss of $3.1 million, and an adjusted EBITDA of $41.0 million. The company made progress on expanding inventory and modernizing its marketplace, with global local billings up 22% sequentially versus Q1 2021.

Groupon announced first quarter 2021 results, with revenue of $264 million and gross profit of $167 million. The company reported income from continuing operations of $14 million and adjusted EBITDA of $30 million. GAAP net income per diluted share was $0.48, and non-GAAP net income per diluted share was $0.25. Groupon ended the quarter with $677 million in cash and raised full year 2021 revenue and adjusted EBITDA guidance.

Groupon's Q4 2020 results showed sequential growth in revenue and gross profit, alongside positive free cash flow and a strong cash balance. The company is scaling its growth strategy in North America in 2021, focusing on expanding inventory and modernizing its marketplace.

Groupon reported Q3 2020 revenue of $304 million and a net loss of $16.3 million, but adjusted EBITDA was $31 million, exceeding company expectations. The company focused on expanding inventory and modernizing the marketplace, leading to sequential growth in local revenue compared to Q2. Groupon is restructuring to reduce costs and is focusing on long-term growth.

Groupon reported a decrease in revenue and gross profit compared to the previous year, but saw positive trends in adjusted EBITDA and free cash flow due to cost-cutting measures and better-than-expected gross profit performance.

Groupon's Q1 2020 results were significantly impacted by COVID-19, leading to a substantial net loss. The company has taken steps to preserve cash and reduce costs. Revenue decreased by 35% year-over-year, and the company reported a net loss of $211 million.

Groupon's Q4 2019 results revealed a revenue decrease of 23% to $612.3 million and a net income of $77.0 million, or $0.13 per diluted share. The company announced a strategic shift to focus on the local experiences market by exiting the Goods category by the end of 2020.