EarningsQ2 2026 Earnings Report
MX:GRPN Q2 2026 EPS Results
Actual EPS-$0.68
Consensus EPS-$0.97
Beat/MissBeat by +$0.29
One Year Ago EPS$7.82
MX:GRPN Q2 2026 Revenue Results
Actual Revenue$2.12B
Expected Revenue$2.16B
Beat/MissMissed by -$41.14M
YoY Revenue Growth-0.82%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeAfter Close
Conference CallThursday, August 6, 2026
MX:GRPN Upcoming Earnings
Groupon's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:GRPN Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted meaningful operational progress driven by the Foundry AI initiative, improved organic and managed-channel performance, clear leadership additions, and positive Q2 cash flow—balanced against a modest top-line decline (-1% YoY) concentrated in North America Local, ongoing migration execution risk, and a forecasted negative free cash flow quarter in Q3. Management conveyed momentum in July (mid-single-digit growth and double-digit organic gains) and reiterated full-year targets, but noted the acceleration depends on execution of AI, marketing, and supply initiatives.Company Guidance
Q2 Profitability and Cash Generation
Adjusted EBITDA finished at the high end of guidance for Q2 and free cash flow was positive $15 million, demonstrating near-term profitability and strong cash generation.
Maintained Full-Year Guidance
Company maintained full-year guidance: billings growth 3%–5%, revenue $513M–$523M, adjusted EBITDA $75M–$80M, and free cash flow of at least $60M; implies second-half revenue growth of ~6% to ~10%.
Q3 Growth Outlook
Management expects Q3 billings growth of 4%–6% and revenue of $128M–$130M with adjusted EBITDA $19M–$21M, indicating an expectation of accelerating growth into the back half of the year.
Organic and SEO Recovery
Revenue from organic channels returned to growth in Q2 and accelerated to double-digit growth in July, signaling improved visibility and traffic from search/organic initiatives.
Improved Marketing Effectiveness
Managed channels (customer data platform) delivered higher efficiency with revenue per send up strong double digits, and the marketing partnership with McDonald's demonstrated ability to execute large co-marketing programs.
AI-Driven Operational Improvements
Foundry/AI initiative showing measurable impact: engineering output per developer has more than doubled over 6 months, AI builds/optimizes tens of thousands of hyperlocal marketing campaigns, and AI resolves the majority of customer support contacts 3x faster than at start of year.
Platform Migration Progress
Vast majority of customers are on the new Mobile Next platform and management expects full migration of every surface in every geography by the end of Q3, enabling faster feature delivery and personalization.
Strategic Talent Additions
Strengthened leadership with Adi Rajkumar joining as COO and Mark Marge as VP of Marketplace Strategy and Operations to address North America local supply and marketplace execution.
Category and Seasonal Strength
Broad-based strength in July across North America and international; Things To Do, Beauty & Wellness, and Tours & Attractions showed particular seasonal outperformance, helping drive mid-single-digit acceleration in July.
MX:GRPN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed