Groupon, Inc. (GRPN) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.339 Hello, and welcome to Groupon's fourth quarter and full year 2025 financial results 00:00:05.339 -- 00:00:10.406 conference call. On the call today are Chief Executive Officer, Dushan Sankful, and 00:00:10.406 -- 00:00:13.431 Chief Financial Officer, Rana Kashyap. 00:00:13.431 -- 00:00:16.515 At this time, all participants are in a listen-only mode. 00:00:16.515 -- 00:00:19.640 Today's call will be a question and answer session only. 00:00:19.640 -- 00:00:23.626 The company has posted earnings materials, including earnings commentary, on the company's 00:00:23.626 -- 00:00:27.629 investor relations website at investor.groupon.com. 00:00:27.892 -- 00:00:30.957 Today's conference call is being recorded. 00:00:30.957 -- 00:00:34.642 Before we begin, Groupon would like to remind listeners that the following discussion 00:00:34.642 -- 00:00:39.770 and responses to your questions reflect management's views as of today, March 11, 2026 00:00:39.770 -- 00:00:43.075 only, and will include forward-looking statements. 00:00:43.075 -- 00:00:46.961 Actual results may differ materially from those expressed or implied in the company's 00:00:46.961 -- 00:00:51.448 forward-looking statements. Groupon undertakes no obligation to update these forward-looking 00:00:51.448 -- 00:00:55.347 statements as a result of new information or future events. 00:00:55.347 -- 00:00:59.313 Additional information about risks and other factors that could potentially impact the 00:00:59.313 -- 00:01:03.899 company's financial results are included in its earnings press release and in its filings 00:01:03.899 -- 00:01:08.806 with the SEC, including its annual report on Form 10-K. 00:01:08.806 -- 00:01:14.712 We encourage investors to use Groupon's investor relations websi...