GoPro, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
GPRO$0.84-4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine months ended September 30, | ||
|---|---|---|
| (in thousands) | 2025 | 2024 |
| Operating activities: | ||
| Net loss | $(84,383) | $(395,120) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 5,216 | 4,711 |
| Non-cash operating lease cost | 1,955 | (285) |
| Stock-based compensation | 15,149 | 23,933 |
| Goodwill impairment | 18,600 | — |
| Deferred income taxes, net | (152) | 296,759 |
| Impairment of right-of-use assets | — | 3,276 |
| Other | 882 | (627) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (1,188) | (41,746) |
| Inventory | 36,652 | (48,993) |
| Prepaid expenses and other assets | (2,100) | (4,650) |
| Accounts payable and other liabilities | (22,265) | 64,807 |
| Deferred revenue | (4,638) | (2,107) |
| Net cash used in operating activities | (36,272) | (100,042) |
| Investing activities: | ||
| Purchases of property and equipment, net | (2,717) | (3,623) |
| Maturities of marketable securities | — | 24,000 |
| Acquisition, net of cash acquired | — | (12,308) |
| Net cash provided by (used in) investing activities | (2,717) | 8,069 |
| Financing activities: | ||
| Proceeds from issuance of common stock | 706 | 2,150 |
| Taxes paid related to net share settlement of equity awards | (1,162) | (2,847) |
| Proceeds from borrowings | 113,174 | — |
| Repayment of debt | (22,601) | — |
| Payment of debt issuance costs | (2,282) | — |
| Net cash provided by (used in) financing activities | 87,835 | (697) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 1,114 | 157 |
| Net change in cash, cash equivalents, and restricted cash | 49,960 | (92,513) |
| Cash, cash equivalents, and restricted cash at beginning of period | 102,811 | 222,708 |
| Cash, cash equivalents, and restricted cash at end of period | $152,771 | $130,195 |
| Non-cash investing and financing activities: | ||
| Receipt of equity from asset sale | $— | $999 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.