Private company

coupons.com

Internet coupon and loyalty business

Quotient Technology, Inc. (formerly Coupons.com) was an advertising technology company headquartered in Salt Lake City, Utah.3 From Wikipedia, CC BY-SA 4.0

Last updated Oct 18, 2026.

Overview

1998Founded1
  • IndustryServices-Advertising1
  • HeadquartersAtlanta1
  • Websitewww.coupons.com
  • Incorporated inDE4
  • Business address1260 East Stringham Avenue, Suite 600, Salt Lake City, Ut 841064
  • Filer categoryAccelerated filer4

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coupons.com image from its website
Image: coupons.com6

Quotient Technology, Inc. (formerly Coupons.com) was an advertising technology company headquartered in Salt Lake City, Utah. It specialized in digital promotions, retail media, digital out-of-home (DOOH) advertising, social influencer marketing, display advertising and data and analytics. In 2023, Atolls completed the acquisition of Coupons.com from Quotient, and on September 5, 2023, Quotient was acquired by Neptune Retail Solutions.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

46.4%Gross margin7
-24.7%Operating margin7
-26.5%Net margin7
-44.6%Revenue growth, 20227
-43.0%Return on equity7
0.27×Debt to equity7
-$19.9MFree cash flow7

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue54¢$154.9M
  • Research and development9¢$26.3M
  • Other costs35¢$101.4M
  • Interest2¢$5.6M
  • Income tax0¢$522.0K

Out of $288.8M in revenue.7 The company lost money this year.

Financial statements

Revenue8910117$288.8M in 2022+5% since 2016
0$200.0M$400.0M$600.0M2016: $275.2M$275.2M20162017: $322.1M$322.1M2017+17%2018: $387.0M$387.0M2018+20%2019: $436.2M$436.2M2019+13%2020: $445.9M$445.9M2020+2%2021: $521.5M$521.5M2021+17%2022: $288.8M$288.8M2022−45%
Gross profit10117$133.9M in 2022−26% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $180.7M$180.7M20182019: $172.6M$172.6M2019−5%2020: $168.0M$168.0M2020−3%2021: $188.8M$188.8M2021+12%2022: $133.9M$133.9M2022−29%
Operating income8910117-$71.4M in 2022+262% since 2016
-$80.0M-$60.0M-$40.0M-$20.0M02016: -$19.7M-$19.7M20162017: -$15.1M-$15.1M2017−23%2018: -$19.2M-$19.2M2018+27%2019: -$27.7M-$27.7M2019+44%2020: -$51.3M-$51.3M2020+85%2021: -$26.6M-$26.6M2021−48%2022: -$71.4M-$71.4M2022+169%
Net income8910117-$76.5M in 2022+293% since 2016
-$80.0M-$60.0M-$40.0M-$20.0M02016: -$19.5M-$19.5M20162017: -$15.1M-$15.1M2017−23%2018: -$28.3M-$28.3M2018+88%2019: -$37.1M-$37.1M2019+31%2020: -$65.4M-$65.4M2020+76%2021: -$45.6M-$45.6M2021−30%2022: -$76.5M-$76.5M2022+68%
Fiscal year2016201720182019202020212022
Revenue$275.2M8$322.1M9$387.0M10$436.2M11$445.9M7$521.5M7$288.8M7
Cost of revenue$114.9M8$140.8M9$206.2M10$263.6M11$277.9M7$332.7M7$154.9M7
Gross profit$180.7M10$172.6M11$168.0M7$188.8M7$133.9M7
Research and development$50.5M8$50.0M9$46.9M10$39.1M11$40.3M7$44.9M7$26.3M7
Operating income-$19.7M8-$15.1M9-$19.2M10-$27.7M11-$51.3M7-$26.6M7-$71.4M7
Interest$1.6M9$13.4M10$14.0M11$14.5M7$15.2M7$5.6M7
Income tax$241.0K8-$702.0K9$482.0K10$660.0K11$719.0K7$3.6M7$522.0K7
Net income-$19.5M8-$15.1M9-$28.3M10-$37.1M11-$65.4M7-$45.6M7-$76.5M7
Earnings per share-$0.4111-$0.727-$0.497-$0.807
Earnings per share (diluted)-$0.4111-$0.727-$0.497-$0.807

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The story

Quotient Technology, formerly Coupons.com, Inc., was founded in 1998 by Steven Boal, former CEO. Coupons.com originally was a website for finding and printing coupons. The website eventually expanded to the Coupons.com app, which enabled consumers to redeem cashback offers and load offers to loyalty cards, as well as find printable coupons. In June 2011, Coupons.com’s value was estimated at $1 billion. In October 2011, Greylock Partners announced an investment of up to $30 million in a secondary market purchase of company shares. In 2014, Coupons.com went public with a $100 million IPO with NYSE trading under COUP. In 2015, Coupons.com changed its corporate name to Quotient Technology, Inc. (NYSE: QUOT). The Coupons.com domain is now owned by Atolls (formerly Global Savings Group).

From Wikipedia’s article on Coupons.com, shared under CC BY-SA 4.0.5

Leadership

Who has led coupons.com, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Steven R. Boal2014–2022
  2. Mir Aamir2016–2019
  3. Matthew Krepsik2022–2023

Chair

  1. Steven R. Boal2017–2022

President

  1. Steven R. Boal2014–2015
  2. Mir Aamir2015–2019
  3. Scott David Raskin2019–2023

Chief financial officer

  1. Mir Aamir2014–2017
  2. Jennifer Ceran2015–2016
  3. Ronald J. Fior2016–2019
  4. Pamela J. Strayer2019–2022
  5. John Peter Kellerman2022
  6. Yuneeb Ullah Khan2022–2023

Chief operating officer

  1. Mir Aamir2014–2017
  2. Chad Summe2018–2020
  3. Yuneeb Ullah Khan2023
200020052010201520202025
Board members and other officers (24)

Acquisitions

Quotient Technology has acquired 10 organizations in total: Ubimo, Elevaate, Ahalogy, Crisp Mobile, Shopmium, Eckin, Yub, KitchMe, Couponstar and Grocery iQ. Ubimo was acquired in 2019.

From Wikipedia’s article on Coupons.com, shared under CC BY-SA 4.0.5

Former names

  • COUPONS.com IncOct 25, 2013 to Oct 22, 20154
  • COUPONS INCJul 20, 2005 to Dec 26, 20064

Timeline

  1. Jun 3, 2022New chief executive Matthew Krepsik becomes CEO15
  2. Oct 25, 2016New chief executive Mir Aamir becomes CEO16
  3. Mar 6, 2014New chief executive Steven R. Boal becomes CEO17
  4. 1998Founded Founded1

Recent filings

  1. Sep 7, 20234
  2. Sep 7, 20234
  3. Sep 7, 20234
  4. Sep 7, 20234
  5. Sep 7, 20234
  6. Sep 7, 20234
  7. Sep 7, 20234
  8. Sep 7, 20234
  9. Sep 7, 20234
  10. Sep 5, 20238-K
  11. Aug 14, 20233
  12. Aug 14, 20233
  13. Aug 14, 20234
  14. Aug 14, 20234
  15. Aug 9, 202310-Q

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

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    Company websitecoupons.com photo
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