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How Groupon (GRPN) makes money

Groupon (GRPN) made $125M of revenue in the second quarter 2026 (Q2 2026), -0.8% from a year earlier.

Drawing the Sankey…

Groupon: revenue by line, Q1 2025 to Q3 2025Groupon: revenue by line, Q1 2025 to Q3 2025North AmericaInternationalNorth America: $96.0M latest$96.0MInternational: $26.8M latest$26.8MQ1 2025Q2 2025Q3 2025
The mix barely moved between Q1 2025 and Q3 2025.
Groupon revenue by quarterGroupon revenue by quarter$130MQ4 2024$117MQ1 2025$126MQ2 2025$123MQ3 2025$133MQ4 2025$117MQ1 2026$125MQ2 2026
Groupon: where each dollar of revenue goesGroupon: where each dollar of revenue goesOperating cash flow15¢Free cash flow12¢

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$125M100.0%
Operating cash flow$18.1M14.5%
Free cash flow$15.0M12.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$125M-0.8%
Q1 2026$117M0%
Q4 2025$133M+2%
Q3 2025$123M+7%
Q2 2025$126M+0.9%
Q1 2025$117M-5%
Q4 2024$130M-5%

From Groupon's 10-Q filed Aug 6, 2026 (on EDGAR).

Questions

How does Groupon make money?

Groupon (GRPN) made $125M of revenue in the second quarter 2026 (Q2 2026), -0.8% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.