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Side-by-side financial comparison of Groupon, Inc. (GRPN) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.

Groupon, Inc. is the larger business by last-quarter revenue ($132.7M vs $100.0M, roughly 1.3× Latham Group, Inc.). Groupon, Inc. runs the higher net margin — 6.0% vs -7.0%, a 13.0% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 1.8%). Groupon, Inc. produced more free cash flow last quarter ($53.0M vs $14.1M). Over the past eight quarters, Groupon, Inc.'s revenue compounded faster (3.8% CAGR vs -4.9%).

Groupon, Inc. is an American e-commerce marketplace that connects subscribers with local merchants by offering activities, travel, goods, and services in 13 countries.

Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.

GRPN vs SWIM — Head-to-Head

Bigger by revenue
GRPN
GRPN
1.3× larger
GRPN
$132.7M
$100.0M
SWIM
Growing faster (revenue YoY)
SWIM
SWIM
+12.7% gap
SWIM
14.5%
1.8%
GRPN
Higher net margin
GRPN
GRPN
13.0% more per $
GRPN
6.0%
-7.0%
SWIM
More free cash flow
GRPN
GRPN
$38.9M more FCF
GRPN
$53.0M
$14.1M
SWIM
Faster 2-yr revenue CAGR
GRPN
GRPN
Annualised
GRPN
3.8%
-4.9%
SWIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRPN
GRPN
SWIM
SWIM
Revenue
$132.7M
$100.0M
Net Profit
$7.9M
$-7.0M
Gross Margin
90.4%
28.0%
Operating Margin
4.9%
-10.7%
Net Margin
6.0%
-7.0%
Revenue YoY
1.8%
14.5%
Net Profit YoY
115.8%
76.0%
EPS (diluted)
$0.21
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRPN
GRPN
SWIM
SWIM
Q4 25
$132.7M
$100.0M
Q3 25
$122.8M
$161.9M
Q2 25
$125.7M
$172.6M
Q1 25
$117.2M
$111.4M
Q4 24
$130.4M
$87.3M
Q3 24
$114.5M
$150.5M
Q2 24
$124.6M
$160.1M
Q1 24
$123.1M
$110.6M
Net Profit
GRPN
GRPN
SWIM
SWIM
Q4 25
$7.9M
$-7.0M
Q3 25
$-118.4M
$8.1M
Q2 25
$20.3M
$16.0M
Q1 25
$7.2M
$-6.0M
Q4 24
$-50.1M
$-29.2M
Q3 24
$13.9M
$5.9M
Q2 24
$-10.0M
$13.3M
Q1 24
$-12.3M
$-7.9M
Gross Margin
GRPN
GRPN
SWIM
SWIM
Q4 25
90.4%
28.0%
Q3 25
91.1%
35.4%
Q2 25
91.0%
37.1%
Q1 25
90.7%
29.5%
Q4 24
90.6%
24.6%
Q3 24
89.9%
32.4%
Q2 24
90.4%
33.1%
Q1 24
89.8%
27.7%
Operating Margin
GRPN
GRPN
SWIM
SWIM
Q4 25
4.9%
-10.7%
Q3 25
1.8%
13.3%
Q2 25
10.4%
14.3%
Q1 25
1.6%
-4.4%
Q4 24
2.0%
-14.9%
Q3 24
-4.9%
8.9%
Q2 24
3.5%
12.5%
Q1 24
6.0%
-1.9%
Net Margin
GRPN
GRPN
SWIM
SWIM
Q4 25
6.0%
-7.0%
Q3 25
-96.4%
5.0%
Q2 25
16.2%
9.3%
Q1 25
6.1%
-5.4%
Q4 24
-38.4%
-33.4%
Q3 24
12.2%
3.9%
Q2 24
-8.1%
8.3%
Q1 24
-10.0%
-7.1%
EPS (diluted)
GRPN
GRPN
SWIM
SWIM
Q4 25
$0.21
$-0.06
Q3 25
$-2.92
$0.07
Q2 25
$0.46
$0.13
Q1 25
$0.17
$-0.05
Q4 24
$-1.26
$-0.24
Q3 24
$0.33
$0.05
Q2 24
$-0.25
$0.11
Q1 24
$-0.33
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRPN
GRPN
SWIM
SWIM
Cash + ST InvestmentsLiquidity on hand
$296.1M
Total DebtLower is stronger
$342.8M
$279.8M
Stockholders' EquityBook value
$-42.6M
$405.9M
Total Assets
$670.4M
$823.2M
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRPN
GRPN
SWIM
SWIM
Q4 25
$296.1M
Q3 25
$238.5M
Q2 25
$262.6M
Q1 25
$226.8M
Q4 24
$228.8M
Q3 24
$159.7M
Q2 24
$178.1M
Q1 24
$158.7M
Total Debt
GRPN
GRPN
SWIM
SWIM
Q4 25
$342.8M
$279.8M
Q3 25
$281.1M
Q2 25
$281.5M
Q1 25
$306.9M
Q4 24
$246.0M
$281.5M
Q3 24
$282.8M
Q2 24
$282.4M
Q1 24
$282.8M
Stockholders' Equity
GRPN
GRPN
SWIM
SWIM
Q4 25
$-42.6M
$405.9M
Q3 25
$-59.6M
$408.4M
Q2 25
$51.2M
$398.4M
Q1 25
$45.5M
$381.1M
Q4 24
$40.8M
$387.2M
Q3 24
$40.0M
$416.6M
Q2 24
$40.2M
$408.1M
Q1 24
$41.2M
$391.8M
Total Assets
GRPN
GRPN
SWIM
SWIM
Q4 25
$670.4M
$823.2M
Q3 25
$608.2M
$844.4M
Q2 25
$647.4M
$822.1M
Q1 25
$608.2M
$824.6M
Q4 24
$612.7M
$794.2M
Q3 24
$548.0M
$853.4M
Q2 24
$572.8M
$830.0M
Q1 24
$580.5M
$808.6M
Debt / Equity
GRPN
GRPN
SWIM
SWIM
Q4 25
0.69×
Q3 25
0.69×
Q2 25
0.71×
Q1 25
0.81×
Q4 24
6.03×
0.73×
Q3 24
0.68×
Q2 24
0.69×
Q1 24
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRPN
GRPN
SWIM
SWIM
Operating Cash FlowLast quarter
$56.6M
$23.3M
Free Cash FlowOCF − Capex
$53.0M
$14.1M
FCF MarginFCF / Revenue
40.0%
14.1%
Capex IntensityCapex / Revenue
2.7%
9.2%
Cash ConversionOCF / Net Profit
7.13×
TTM Free Cash FlowTrailing 4 quarters
$49.9M
$38.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRPN
GRPN
SWIM
SWIM
Q4 25
$56.6M
$23.3M
Q3 25
$-20.5M
$51.0M
Q2 25
$28.4M
$36.0M
Q1 25
$-22.0K
$-46.9M
Q4 24
$67.0M
$6.2M
Q3 24
$-16.3M
$37.2M
Q2 24
$15.3M
$52.4M
Q1 24
$-10.1M
$-34.5M
Free Cash Flow
GRPN
GRPN
SWIM
SWIM
Q4 25
$53.0M
$14.1M
Q3 25
$-24.6M
$45.2M
Q2 25
$25.2M
$29.1M
Q1 25
$-3.8M
$-50.3M
Q4 24
$63.2M
$-98.0K
Q3 24
$-19.7M
$33.2M
Q2 24
$10.8M
$47.9M
Q1 24
$-13.8M
$-39.9M
FCF Margin
GRPN
GRPN
SWIM
SWIM
Q4 25
40.0%
14.1%
Q3 25
-20.0%
27.9%
Q2 25
20.0%
16.8%
Q1 25
-3.2%
-45.2%
Q4 24
48.5%
-0.1%
Q3 24
-17.2%
22.1%
Q2 24
8.7%
29.9%
Q1 24
-11.2%
-36.0%
Capex Intensity
GRPN
GRPN
SWIM
SWIM
Q4 25
2.7%
9.2%
Q3 25
3.3%
3.6%
Q2 25
2.6%
4.0%
Q1 25
3.2%
3.1%
Q4 24
2.9%
7.2%
Q3 24
3.0%
2.7%
Q2 24
3.6%
2.8%
Q1 24
3.0%
4.8%
Cash Conversion
GRPN
GRPN
SWIM
SWIM
Q4 25
7.13×
Q3 25
6.29×
Q2 25
1.40×
2.25×
Q1 25
-0.00×
Q4 24
Q3 24
-1.17×
6.32×
Q2 24
3.95×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRPN
GRPN

Service Local$94.8M71%
Other$35.6M27%
Service Travel$2.3M2%

SWIM
SWIM

In Ground Swimming Pools$50.2M50%
Covers$37.0M37%
Liners$12.7M13%

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