Filing Flows › Groupon (GRPN) › Q3 2025
Groupon (GRPN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Groupon (GRPN) reported revenue of $123M for the third quarter 2025 (Q3 2025), +7% from a year earlier and -2% from the quarter before. Operating margin was 1.8%, net loss $118M (95.9% of revenue).
Groupon, Q3 2025: revenue $123M (+7% year over year), operating margin 1.8%, net loss $118M, operating cash flow −$20.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $123M | -2% | +7% |
| Operating profit | $2.2M | -83% | — |
| Net earnings | −$118M | -679% | — |
| Operating cash flow | −$20.5M | -172% | — |
What changed
Revenue was $122.8M in Q3 2025, up 7% year over year and down 2% from the previous quarter. North America was the largest line at 78% of revenue. North America added $9.1M year over year (up 10%), 109% of the total change. International declined 3%.
Gross margin was 91.1%, up 1.2 points from a year earlier. Operating profit was $2.2M, a 1.8% margin (up 6.7 points year over year). Operating expenses grew 1% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+11%). The quarter ended with a net loss of $117.8M, after a profit of $20.6M the previous quarter. Net interest and other expense of $98.7M was the main reason.
Operating cash flow was −$20.5M. Non-cash charges added back $3.9M of depreciation and amortization and $11.1M of share-based compensation. Working capital and other items added $82.2M. Capital expenditures of $4.1M exceeded it, leaving free cash flow of −$24.6M.
Questions
What was Groupon's revenue in the third quarter 2025?
Groupon (GRPN) reported revenue of $123M for the third quarter 2025 (Q3 2025), +7% from a year earlier and -2% from the quarter before.
Was Groupon profitable in the third quarter 2025?
Operating profit was $2.2M (1.8% of revenue) and net loss $118M.
Source: Groupon 10-Q on SEC EDGAR.