Groupon Inc

For the period ended Dec 31, 2023. Filed Mar 15, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 15, 2024

GRPN$16.25+4.9%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except share and per share amounts)

	Year Ended December 31,
	2023	2022	2021
Revenue:
Service	$514,910	$599,085	794,795
Product	—	—	172,313
Total revenue	514,910	599,085	967,108
Cost of revenue:
Service	64,246	76,261	82,020
Product	—	—	147,972
Total cost of revenue	64,246	76,261	229,992
Gross profit	450,664	522,824	737,116
Operating expenses:
Marketing	110,505	149,231	188,780
Selling, general and administrative	350,405	481,375	511,096
Goodwill impairment	—	35,424	—
Long-lived asset impairment	—	12,259	—
Restructuring and related charges	8,006	12,350	41,895
Total operating expenses	468,916	690,639	741,771
Income (loss) from operations	(18,252)	(167,815)	(4,655)
Other income (expense), net	(25,174)	(24,155)	92,680
Income (loss) before provision (benefit) for income taxes	(43,426)	(191,970)	88,025
Provision (benefit) for income taxes	9,508	42,410	(32,323)
Net income (loss)	(52,934)	(234,380)	120,348
Net (income) loss attributable to noncontrolling interests	(2,476)	(3,229)	(1,680)
Net income (loss) attributable to Groupon, Inc.	$(55,410)	$(237,609)	$118,668
Net income (loss) per share:
Basic	$(1.77)	$(7.88)	$4.04
Diluted	$(1.77)	$(7.88)	$3.68
Weighted average number of shares outstanding:
Basic	31,243,179	30,166,100	29,365,880
Diluted	31,243,179	30,166,100	33,513,440

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.