GoPro, Inc.
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
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.
FY2025 · Filed Mar 12, 2026
GPRO$0.88-2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share data) | 2025 | 2024 | 2023 |
| Revenue | |||
| Hardware | $545,267 | $694,512 | $907,975 |
| Subscription and services | 106,275 | 106,961 | 97,484 |
| Total revenue | 651,542 | 801,473 | 1,005,459 |
| Cost of revenue | |||
| Hardware | 400,419 | 499,882 | 650,085 |
| Subscription and services | 31,957 | 30,296 | 31,801 |
| Total cost of revenue | 432,376 | 530,178 | 681,886 |
| Gross profit | 219,166 | 271,295 | 323,573 |
| Operating expenses: | |||
| Research and development | 126,796 | 185,897 | 165,688 |
| Sales and marketing | 100,756 | 160,635 | 169,578 |
| General and administrative | 56,355 | 59,796 | 63,770 |
| Goodwill impairment | 18,600 | — | — |
| Total operating expenses | 302,507 | 406,328 | 399,036 |
| Operating loss | (83,341) | (135,033) | (75,463) |
| Other income (expense): | |||
| Interest expense | (8,452) | (3,329) | (4,699) |
| Other income, net | 345 | 5,273 | 12,429 |
| Total other income (expense), net | (8,107) | 1,944 | 7,730 |
| Loss before income taxes | (91,448) | (133,089) | (67,733) |
| Income tax expense (benefit) | 2,039 | 299,222 | (14,550) |
| Net loss | $(93,487) | $(432,311) | $(53,183) |
| Basic and diluted net loss per share | $(0.59) | $(2.82) | $(0.35) |
| Shares used to compute basic and diluted net loss per share | 158,579 | 153,113 | 153,348 |
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