Filing Flows › Groupon (GRPN) › Q4 2025
Groupon (GRPN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 10, 2026
Groupon (GRPN) reported revenue of $133M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and +8% from the quarter before. Operating margin was 4.9%, net earnings $7.3M (5.5% of revenue).
Groupon, Q4 2025: revenue $133M (+2% year over year), operating margin 4.9%, net earnings $7.3M, operating cash flow $56.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $133M | +8% | +2% |
| Gross profit | $120M | +7% | +2% |
| Operating profit | $6.5M | +197% | +145% |
| Net earnings | $7.3M | — | — |
| Operating cash flow | $56.6M | — | -15% |
| Free cash flow | $53.0M | — | -16% |
What changed
Revenue was $132.7M in Q4 2025, up 2% year over year and up 8% from the previous quarter.
Gross margin was 90.4%, down 0.2 points from Q4 2024. Operating profit was $6.5M, a 4.9% margin (up 2.9 points year over year). Of the extra revenue versus Q4 2024, 166% reached operating profit, above the 2% margin then. Operating expenses fell 2% while revenue rose 2%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $7.3M. The effective tax rate was 20.3%. Non-operating items added $3.5M, 35% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $56.6M (down 15% year over year), 713% of net income including minority interests. Non-cash charges added back $3.9M of depreciation and amortization and $10.2M of share-based compensation. Working capital and other items added $34.6M. Capital expenditures of $3.6M left free cash flow of $53.0M.
Questions
What was Groupon's revenue in the fourth quarter 2025?
Groupon (GRPN) reported revenue of $133M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and +8% from the quarter before.
Was Groupon profitable in the fourth quarter 2025?
Operating profit was $6.5M (4.9% of revenue) and net earnings $7.3M.
Source: Groupon 10-K on SEC EDGAR.