Groupon reported second-quarter 2026 revenue down 1% year over year to a level that fell slightly short of expectations, while confirming its full-year financial guidance. Global billings also decreased 1%, and adjusted EBITDA came in at $14.8 million, down from $15.6 million a year earlier. The company said the top-line shortfall was concentrated in North America Local, which saw revenue decline 2%, while International Local revenue rose 8%. Active customers grew 2% to 16.1 million, but unit sales fell 7% to 8.5 million. For the third quarter, Groupon guided to revenue of $128 million to $130 million, billings growth of 4% to 6%, and adjusted EBITDA of $19 million to $21 million. Full-year guidance was maintained at revenue of $513 million to $523 million, billings growth of 3% to 5%, adjusted EBITDA of $75 million to $80 million, and free cash flow of at least $60 million. CEO Dusan Senkypl said the company entered the third quarter with momentum, with July growth accelerating to mid-single digits, and highlighted progress on its AI-native transformation initiative called Project Foundry.
Groupon IncQ2 revenue fell 1% and missed expectations, with adjusted EBITDA down from a year earlier.
