---
schema_version: "secwatch.filing_event.v1"
accession: "0001490281-22-000112"
form_type: "8-K"
ticker: "GRPN"
cik: "0001490281"
company_name: "Groupon, Inc."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:45:04.700392+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Groupon Q2 net loss $90.3M; rev -42% to $153.2M; plans $150M cost cuts; withdraws 2022 guidance

## Summary
- Net loss $90.3M vs $3.1M loss Q2 2021; GAAP EPS -$3.04 vs -$0.12 prior year.
- Revenue $153.2M down 42% YoY (41% FX-neutral); Local revenue $133.6M down 26%.
- Adjusted EBITDA $5.7M vs $41.0M prior year; announces $150M annual cost reduction plan, expects $10-20M restructuring costs.
- Withdraws full-year 2022 revenue/EBITDA guidance; reiterates 2023 targets: $100M FCF, 15-20% Adj. EBITDA margin.
- Cash $315.6M at June 30; $60M drawn on revolver; owns 2.29% stake in SumUp valued at $8.5B enterprise.

## SEC filing metadata
- accession: 0001490281-22-000112
- form_type: 8-K
- ticker: GRPN
- cik: 0001490281
- company_name: Groupon, Inc.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490281/000149028122000112/0001490281-22-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490281/000149028122000112/grpn-20220808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001490281-22-000112
- JSON: https://secwatch.observer/filing/0001490281-22-000112.json
- Plain text: https://secwatch.observer/filing/0001490281-22-000112.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.