GRPN forecasts 4% to 6% billings growth for Q3 2026 despite a 1% year-over-year decline in Q2 revenue and billings.
Groupon projected Q3 2026 billings growth of 4% to 6% as it completes migration to a new platform by quarter-end. The outlook follows a Q2 where billings and revenue each fell 1% year over year, missing top-line expectations.
Adjusted EBITDA for Q2 reached the high end of guidance, providing a counterbalance to the revenue decline. The company cited ongoing platform modernization as a key driver for future performance.
Management did not disclose immediate market reactions or trading updates following the earnings call.