Groupon Reports Q3 Revenue Growth, Narrows Loss, and Advances AI Strategy

Groupon announced its third-quarter 2026 financial results, highlighting a 2% increase in global revenue and a significant reduction in its loss from continuing operations to $0.8 million. The company also provided its financial outlook for the full year 2026 and detailed progress on its AI-native strategy, including the relaunch of LivingSocial as an "agent-first" marketplace.

Key Details

• Q3 2026 Financials: Global Revenue increased 2% year-over-year, and Billings grew 6%. Loss from continuing operations was $0.8M, a sharp improvement from a $117.8M loss in the prior-year period. Adjusted EBITDA was $14.7M.
• Full-Year 2026 Outlook: The company projects Revenue between $500M and $503M, Adjusted EBITDA of $60M to $65M, and Free Cash Flow of at least $40M.
• AI & Strategic Updates: Relaunched LivingSocial on October 15 as an AI-focused marketplace. The company also launched FoundryAI, an internal AI platform, to integrate AI into its core operations.
• Restructuring Impact: Ongoing payroll actions under the 2026 Restructuring Plan are estimated to result in $20.0M to $25.0M in annualized cost savings.