Groupon, Inc. Earnings Recaps
Q2 2026
Aug 10, 2026
Groupon’s shares edged down 0.5% post-earnings, reflecting investor caution despite progress in AI-driven initiatives as North America Local revenue underperformed and revenue declined 1% year-over-year, missing expectations in the key segment.
Key takeaways
- Q2 revenue and billings each declined 1% year-over-year, pressured by underperformance in North America Local.
- Adjusted EBITDA finished at the high end of guidance, with free cash flow strong at +$15 million.
- AI transformation efforts are underway; engineering productivity has more than doubled, and AI now handles thousands of hyperlocal marketing campaigns.
- Organic search channel revenue returned to growth in Q2, accelerating to double-digit growth in July.
- Q3 guidance expects 4%-6% billings growth, $128 million to $130 million revenue, adjusted EBITDA of $19 million to $21 million, and negative free cash flow.
Q2 2025
Aug 8, 2025
Groupon's Q2 2025 results reflect strong revenue growth and strategic momentum, with global billings up 12% year-over-year, bolstered by robust performance in core local categories.
Key takeaways
- Global billings growth accelerated to 12% YoY, driven primarily by a 20% increase in North America Local Billings.
- Free cash flow reached $25 million, showcasing the company’s capability for profitable expansion.
- Full-year billings guidance raised from 3-5% to 7-9%, indicating strong business momentum and growth prospects.
- Leadership transitions in the executive team aim to strengthen operational capacity and continue the transformation journey.
- Positive early results from AI-generated traffic are seen as a future growth driver, enhancing the company’s marketplace positioning.