Groupon Reports First Quarter 2025 Results

Rhea-AI Summary

Groupon (NASDAQ: GRPN) has released its Q1 2025 financial results, showing mixed performance across regions. The company reported a 5% decline in global revenue, while billings increased by 1%. North America Local segment demonstrated resilience with a minimal revenue decline of less than 1% and strong billing growth of 11%. International Local revenue fell by 8%, though excluding Italy, it showed 4% growth.

CEO Dusan Senkypl expressed optimism about the company's trajectory, highlighting the double-digit growth in North America Local Billings and positive signs from their local marketplace strategy. The company aims to focus on delivering sustainable growth by enhancing value for both consumers and merchants.

Positive

• North America Local Billings showed strong growth of 11%
• International Local revenue grew 4% excluding Italy
• Overall billings increased by 1%

Negative

• Global revenue declined 5%
• North America Local revenue decreased slightly (less than 1%)
• International Local revenue fell 8%

Global Revenue down 5% and Billings up 1%

North America Local Revenue down less than 1% and Local Billings up 11% 

International Local revenue declined 8%. Excluding Italy, International Local revenue grew 4%

Chicago, Illinois--(Newsfile Corp. - May 7, 2025) - Groupon, Inc. (NASDAQ: GRPN) today announced its financial results for the first quarter ended March 31, 2025. The company filed its Form 10-Q with the Securities and Exchange Commission and posted updated earning materials on its investor relations website (investor.groupon.com).

"After a strong start to 2025, it is time to go on offense," said Dusan Senkypl, Chief Executive Officer of Groupon. "With North America Local Billings accelerating to double-digit growth and our local marketplace strategy showing green shoots across geographies and verticals, we are building momentum and expect to continue to accelerate our growth. We're focused on delivering sustainable growth by creating exceptional value for both consumers and merchants."

The first quarter 2025 earnings materials are posted on Groupon's Investor Relations site located at investor.groupon.com.

About Groupon

Groupon (www.groupon.com) (NASDAQ: GRPN) is a trusted local marketplace where consumers go to buy services and experiences that make life more interesting and deliver boundless value. To find out more about Groupon, please visit press.groupon.com.

Contacts:

Investor Relations 
ir@groupon.com

Public Relations
press@groupon.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251086

FAQ

What were Groupon's (GRPN) key financial metrics in Q1 2025?

In Q1 2025, Groupon reported a 5% decline in global revenue, while billings increased by 1%. North America Local revenue decreased less than 1% with billings up 11%, and International Local revenue declined 8%.

How did Groupon's North America Local segment perform in Q1 2025?

Groupon's North America Local segment showed strong billing growth of 11% in Q1 2025, despite a slight revenue decline of less than 1%.

What was Groupon's International Local revenue performance in Q1 2025?

Groupon's International Local revenue declined 8% in Q1 2025. However, excluding Italy, International Local revenue grew by 4%.

What is Groupon's strategy moving forward according to CEO Dusan Senkypl?

Groupon's CEO stated they plan to focus on delivering sustainable growth by creating exceptional value for both consumers and merchants, building on momentum from their local marketplace strategy.