Illustrative EBITDA Bridge — Groupon Run-Rate Earnings Power

Illustrative EBITDA Bridge — Groupon Run-Rate Earnings Power

Illustrative bridge from Groupon's 2026 Adjusted EBITDA guide midpoint (~$72M) to approximately $310M of run-rate earnings power over the next two to three years, driven by completion of the in-flight 20% headcount reduction (+$40M) and two turns of customer frequency expansion (+$100M each) at current contribution margins. Source: Wyandanch Consulting LLC; illustrative analysis, not a forecast.

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Source

Nick Nemeth, Dissident Shareholder

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