Groupon Q1 FY26 swings to loss; revenue flat at $117.2 million

Groupon, Inc.

Groupon, Inc.

GRPN

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  • Groupon posted a continuing-operations loss of USD 12.59 million in Q1 2026, swinging from profit a year earlier, while revenue was flat at USD 117.2 million.
  • Adjusted EBITDA fell 16.6% to USD 12.79 million, while free cash flow widened to a deficit of USD 13.52 million.
  • Gross billings slipped 1% to USD 382.55 million, while units dropped 4.59% to 8,148.
  • TTM active customers rose 4.76% to 16,209.
  • Management launched Project Foundry to embed AI agents across functions; it expects to initiate restructuring actions in Q2 including a roughly 15% reduction in global headcount, with the financial impact not yet reasonably estimable.


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