GoPro, Inc.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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.
FY2024 · Filed Mar 17, 2025
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) | 2024 | 2023 | 2022 |
| Revenue | $801,473 | $1,005,459 | $1,093,541 |
| Cost of revenue | 530,178 | 681,886 | 686,713 |
| Gross profit | 271,295 | 323,573 | 406,828 |
| Operating expenses: | |||
| Research and development | 185,897 | 165,688 | 139,885 |
| Sales and marketing | 160,635 | 169,578 | 166,967 |
| General and administrative | 59,796 | 63,770 | 61,021 |
| Total operating expenses | 406,328 | 399,036 | 367,873 |
| Operating income (loss) | (135,033) | (75,463) | 38,955 |
| Other income (expense): | |||
| Interest expense | (3,329) | (4,699) | (6,242) |
| Other income, net | 5,273 | 12,429 | 1,740 |
| Total other income (expense), net | 1,944 | 7,730 | (4,502) |
| Income (loss) before income taxes | (133,089) | (67,733) | 34,453 |
| Income tax expense (benefit) | 299,222 | (14,550) | 5,606 |
| Net income (loss) | $(432,311) | $(53,183) | $28,847 |
| Net income (loss) per share: | |||
| Basic | $(2.82) | $(0.35) | $0.18 |
| Diluted | $(2.82) | $(0.35) | $0.18 |
| Shares used to compute net income (loss) per share: | |||
| Basic | 153,113 | 153,348 | 156,181 |
| Diluted | 153,113 | 153,348 | 178,279 |
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