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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 114,479 $ 126,474 $ 362,178 $ 377,194
Cost of revenue 11,584 15,796 36,059 48,840
Gross profit 102,895 110,678 326,119 328,354
Operating expenses:        
Marketing 36,258 28,898 101,587 76,013
Selling, general and administrative 71,327 80,016 222,937 277,913
Restructuring and related charges 896 2,228 613 10,333
Gain on sale of assets 0 0 (5,160) 0
Total operating expenses 108,481 111,142 319,977 364,259
Income (loss) from operations (5,586) (464) 6,142 (35,905)
Other income (expense), net 22,429 (39,525) 5,264 (41,260)
Income (loss) before provision (benefit) for income taxes 16,843 (39,989) 11,406 (77,165)
Provision (benefit) for income taxes 2,321 817 17,802 4,258
Net income (loss) 14,522 (40,806) (6,396) (81,423)
Net (income) loss attributable to noncontrolling interests (594) (552) (1,982) (1,689)
Net income (loss) attributable to Groupon, Inc. $ 13,928 $ (41,358) $ (8,378) $ (83,112)
Net income (loss) per share:        
Basic net income (loss) per share (in usd per share) $ 0.35 $ (1.31) $ (0.22) $ (2.68)
Diluted net income (loss) per share (in usd per share) $ 0.33 $ (1.31) $ (0.22) $ (2.68)
Weighted average number of shares outstanding:        
Basic weighted average number of shares outstanding (in shares) 39,748,268 31,500,489 38,966,238 31,039,668
Diluted weighted average number of shares outstanding (in shares) 45,014,446 31,500,489 38,966,238 31,039,668
Comprehensive income (loss):        
Net income (loss) $ 14,522 $ (40,806) $ (6,396) $ (81,423)
Other comprehensive income (loss):        
Net change in unrealized gain (loss) on foreign currency translation adjustments (23,092) 11,141 (6,138) 11,038
Comprehensive income (loss) (8,570) (29,665) (12,534) (70,385)
Comprehensive (income) loss attributable to noncontrolling interest (594) (552) (1,982) (1,689)
Comprehensive income (loss) attributable to Groupon, Inc. $ (9,164) $ (30,217) $ (14,516) $ (72,074)