GoPro Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
GPRO$0.88-2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share data) | 2023 | 2022 | 2021 |
| Revenue | $1,005,459 | $1,093,541 | $1,161,084 |
| Cost of revenue | 681,886 | 686,713 | 683,979 |
| Gross profit | 323,573 | 406,828 | 477,105 |
| Operating expenses: | |||
| Research and development | 165,688 | 139,885 | 141,494 |
| Sales and marketing | 169,578 | 166,967 | 156,694 |
| General and administrative | 63,770 | 61,021 | 65,701 |
| Total operating expenses | 399,036 | 367,873 | 363,889 |
| Operating income (loss) | (75,463) | 38,955 | 113,216 |
| Other income (expense): | |||
| Interest expense | (4,699) | (6,242) | (22,940) |
| Other income (expense), net | 12,429 | 1,740 | (176) |
| Total other income (expense), net | 7,730 | (4,502) | (23,116) |
| Income (loss) before income taxes | (67,733) | 34,453 | 90,100 |
| Income tax expense (benefit) | (14,550) | 5,606 | (281,071) |
| Net income (loss) | $(53,183) | $28,847 | $371,171 |
| Net income (loss) per share: | |||
| Basic | $(0.35) | $0.18 | $2.41 |
| Diluted | $(0.35) | $0.18 | $2.27 |
| Shares used to compute net income (loss) per share: | |||
| Basic | 153,348 | 156,181 | 154,274 |
| Diluted | 153,348 | 178,279 | 163,178 |
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