Filing Flows › Groupon (GRPN) › Q2 2025
Groupon (GRPN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Groupon (GRPN) reported revenue of $126M for the second quarter 2025 (Q2 2025), +0.9% from a year earlier and +7% from the quarter before. Operating margin was 10.4%, net earnings $20.3M (16.2% of revenue).
Groupon, Q2 2025: revenue $126M (+0.9% year over year), operating margin 10.4%, net earnings $20.3M, operating cash flow $28.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $126M | +7% | +0.9% |
| Gross profit | $114M | +8% | +2% |
| Operating profit | $13.1M | +593% | +200% |
| Net earnings | $20.3M | +183% | — |
| Operating cash flow | $28.4M | — | +86% |
| Free cash flow | $25.2M | — | +133% |
What changed
Revenue was $125.7M in Q2 2025, up 1% year over year and up 7% from the previous quarter. North America was the largest line at 80% of revenue. North America added $1.6M year over year (up 2%), 151% of the total change. International declined 2%.
Gross margin was 91.0%, up 0.6 points from a year earlier. Operating profit was $13.1M, a 10.4% margin (up 6.9 points year over year). Of the extra revenue versus a year earlier, 800% reached operating profit, above the 3% margin then. Operating expenses fell 6% while revenue rose 1%. Net earnings were $20.3M. The effective tax rate was 34.7%. Non-operating items added $18.5M, 59% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $28.4M (up 86% year over year), 138% of net earnings. Non-cash charges added back $4.1M of depreciation and amortization and $8.8M of share-based compensation. Working capital and other items used $5.0M. Capital expenditures of $3.2M left free cash flow of $25.2M.
Questions
What was Groupon's revenue in the second quarter 2025?
Groupon (GRPN) reported revenue of $126M for the second quarter 2025 (Q2 2025), +0.9% from a year earlier and +7% from the quarter before.
Was Groupon profitable in the second quarter 2025?
Operating profit was $13.1M (10.4% of revenue) and net earnings $20.3M.
Source: Groupon 10-Q on SEC EDGAR.