Groupon (GRPN) financial statements
Groupon reported revenue of $498M in fiscal 2025, down 18.1% a year over 9 years.
Net income was -$84M and the operating margin 4.7%, against -3.3% in 2016.
Free cash flow was $50M.
The diluted share count rose 40% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Groupon's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0B | $2.8B | $2.6B | $2.2B | $1.4B | $967M | $599M | $515M | $493M | $498M |
| Cost of revenue | $1.7B | $1.5B | $1.3B | $1.0B | $740M | $230M | $76M | $64M | $48M | $46M |
| Gross profit | $1.3B | $1.3B | $1.3B | $1.2B | $677M | $737M | $523M | $451M | $444M | $453M |
| Selling, general and admin | $1000M | $902M | $871M | $807M | $603M | $511M | $481M | $350M | $295M | $274M |
| Operating income | -$100M | $29M | $54M | $40M | -$277M | -$5M | -$168M | -$18M | $9M | $24M |
| Interest expense | $16M | $21M | $22M | $24M | $33M | $17M | $14M | $16M | $9M | $14M |
| Pre-tax income | -$172M | $36M | $1M | -$14M | -$294M | $88M | -$192M | -$43M | -$30M | -$45M |
| Income tax | -$5M | $8M | -$957,000 | $761,000 | -$8M | -$32M | $42M | $10M | $26M | $36M |
| Net income | -$195M | $14M | -$11M | -$22M | -$288M | $119M | -$238M | -$55M | -$59M | -$84M |
| EPS (diluted) | -$6.80 | $0.40 | -$0.40 | -$0.79 | -$10.07 | $3.68 | -$7.88 | -$1.77 | -$1.51 | -$2.08 |
| Diluted shares | 29M | 28M | 28M | 28M | 29M | 34M | 30M | 31M | 39M | 40M |
| Gross margin | 42.5% | 46.9% | 50.1% | 53.5% | 47.8% | 76.2% | 87.3% | 87.5% | 90.2% | 90.8% |
| Operating margin | -3.3% | 1.0% | 2.0% | 1.8% | -19.6% | -0.5% | -28.0% | -3.5% | 1.8% | 4.7% |
| Net margin | -6.5% | 0.5% | -0.4% | -1.0% | -20.3% | 12.3% | -39.7% | -10.8% | -12.0% | -16.8% |
Balance sheet
Fiscal years, from Groupon's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $863M | $880M | $841M | $751M | $851M | $499M | $281M | $142M | $229M | $296M |
| Receivables | $71M | $98M | $69M | $55M | $43M | $37M | $45M | $50M | $34M | $26M |
| Total current assets | $1.1B | $1.1B | $999M | $888M | $934M | $588M | $367M | $256M | $315M | $374M |
| Property, plant and equipment | $169M | $151M | $143M | $125M | $85M | $74M | $57M | $31M | $18M | $16M |
| Goodwill | $275M | $287M | $325M | $325M | $215M | $216M | $179M | $179M | $179M | $179M |
| Total assets | $1.8B | $1.7B | $1.6B | $1.6B | $1.4B | $1.2B | $793M | $571M | $613M | $670M |
| Total current liabilities | $1.2B | $1.1B | $957M | $822M | $939M | $631M | $531M | $369M | $305M | $384M |
| Long-term debt | — | — | — | — | — | — | — | — | $246M | $309M |
| Total liabilities | $1.5B | $1.4B | $1.3B | $1.2B | $1.3B | $948M | $784M | $611M | $572M | $713M |
| Shareholders' equity | $264M | $251M | $381M | $394M | $108M | $210M | $8M | -$41M | $41M | -$43M |
| Net debt | -$863M | -$880M | -$841M | -$751M | -$851M | -$499M | -$281M | -$142M | $17M | $47M |
Cash flow
Fiscal years, from Groupon's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $118M | $128M | $191M | $71M | -$64M | -$124M | -$136M | -$78M | $56M | $64M |
| Capital spending | $68M | $59M | $70M | $67M | $49M | $50M | $36M | $19M | $15M | $15M |
| Free cash flow | $50M | $69M | $121M | $4M | -$112M | -$174M | -$172M | -$97M | $41M | $50M |
| Stock-based compensation | $115M | $82M | $65M | $82M | $39M | $33M | $30M | $14M | $27M | $38M |
| Share buybacks (net) | -$165M | -$61M | -$10M | -$46M | $0 | $0 | — | — | — | — |
| Free cash flow margin | 1.7% | 2.4% | 4.6% | 0.2% | -7.9% | -17.9% | -28.7% | -18.9% | 8.2% | 10.0% |
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Open GRPN in InvestinglyQuestions
What was Groupon's revenue in 2025?
$498M in fiscal 2025, from its 10-K filing.
How much free cash flow does Groupon generate?
$50M in fiscal 2025 (operating cash flow minus capital spending).
From Groupon's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.