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Gopro Inc Financials

GPRO
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Gopro Inc (GPRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 20 / 100
Financial Profile 20/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
0

Gopro Inc has an operating margin of -12.8%, meaning the company retains $-13 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -16.9% the prior year.

Growth
2

Gopro Inc's revenue declined 18.7% year-over-year, from $801.5M to $651.5M. This contraction results in a growth score of 2/100.

Leverage
90

Gopro Inc carries a low D/E ratio of 0.58, meaning only $0.58 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
13

Gopro Inc's current ratio of 0.91 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 13/100, which could limit financial flexibility.

Cash Flow
16

While Gopro Inc generated -$20.7M in operating cash flow, capex of $3.4M consumed most of it, leaving -$24.0M in free cash flow. This results in a low score of 16/100, reflecting heavy capital investment rather than weak cash generation.

Returns
0

Gopro Inc generates a -122.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -285.0% the prior year.

Piotroski F-Score Weak
3/9

Gopro Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
0.22x

For every $1 of reported earnings, Gopro Inc generates $0.22 in operating cash flow (-$20.7M OCF vs -$93.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$651.5M
YoY-18.7%
5Y CAGR-6.1%
10Y CAGR-8.7%

Gopro Inc generated $651.5M in revenue in fiscal year 2025. This represents a decrease of 18.7% from the prior year.

EBITDA
-$76.3M
YoY+40.7%

Gopro Inc's EBITDA was -$76.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 40.7% from the prior year.

Net Income
-$93.5M
YoY+78.4%

Gopro Inc reported -$93.5M in net income in fiscal year 2025. This represents an increase of 78.4% from the prior year.

EPS (Diluted)
$-0.59
YoY+79.1%

Gopro Inc earned $-0.59 per diluted share (EPS) in fiscal year 2025. This represents an increase of 79.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$24.0M
YoY+81.4%

Gopro Inc generated -$24.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 81.4% from the prior year.

Cash & Debt
$49.7M
YoY-51.7%
5Y CAGR-31.3%
10Y CAGR-15.9%

Gopro Inc held $49.7M in cash against $44.3M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
33.6%
YoY-0.2pp
5Y CAGR-1.6pp
10Y CAGR-7.9pp

Gopro Inc's gross margin was 33.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.

Operating Margin
-12.8%
YoY+4.1pp
5Y CAGR-8.7pp
10Y CAGR-16.2pp

Gopro Inc's operating margin was -12.8% in fiscal year 2025, reflecting core business profitability. This is up 4.1 percentage points from the prior year.

Net Margin
-14.3%
YoY+39.6pp
5Y CAGR-6.9pp
10Y CAGR-16.6pp

Gopro Inc's net profit margin was -14.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 39.6 percentage points from the prior year.

Return on Equity
-122.1%
YoY+162.9pp
5Y CAGR-91.2pp
10Y CAGR-126.8pp

Gopro Inc's ROE was -122.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 162.9 percentage points from the prior year.

Capital Allocation

R&D Spending
$126.8M
YoY-31.8%
5Y CAGR-0.7%
10Y CAGR-6.2%

Gopro Inc invested $126.8M in research and development in fiscal year 2025. This represents a decrease of 31.8% from the prior year.

Share Buybacks
$0

Gopro Inc spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$3.4M
YoY-16.8%
5Y CAGR-7.2%
10Y CAGR-23.8%

Gopro Inc invested $3.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 16.8% from the prior year.

GPRO Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $201.7M+23.8% $162.9M+6.7% $152.6M+13.7% $134.3M-33.1% $200.9M-22.4% $258.9M+39.0% $186.2M+19.8% $155.5M
Cost of Revenue $137.5M+30.0% $105.8M+7.9% $98.0M+7.5% $91.2M-30.5% $131.2M-21.5% $167.1M+29.0% $129.5M+26.4% $102.4M
Gross Profit $64.2M+12.3% $57.2M+4.6% $54.7M+26.7% $43.1M-38.1% $69.7M-24.1% $91.8M+62.0% $56.7M+6.9% $53.0M
R&D Expenses $32.1M-7.1% $34.6M+13.4% $30.5M+3.2% $29.6M-40.9% $50.0M+12.9% $44.3M-5.5% $46.9M+5.2% $44.6M
SG&A Expenses $13.0M-3.4% $13.5M+4.7% $12.9M-23.9% $16.9M+10.5% $15.3M+3.3% $14.8M-0.6% $14.9M+1.6% $14.7M
Operating Income -$8.2M+48.1% -$15.9M-13.4% -$14.0M+69.0% -$45.2M-15.6% -$39.1M-388.1% -$8.0M+82.8% -$46.5M-12.3% -$41.4M
Interest Expense N/A N/A $1.4M+80.2% $797K-24.6% $1.1M+30.8% $808K+2.3% $790K+17.2% $674K
Income Tax -$1.7M-319.6% $771K-41.1% $1.3M-20.8% $1.7M+168.7% -$2.4M-215.4% $2.1M+56.3% $1.3M-99.6% $298.2M
Net Income -$9.1M+57.2% -$21.3M-29.4% -$16.4M+64.8% -$46.7M-25.6% -$37.2M-352.9% -$8.2M+82.8% -$47.8M+85.9% -$339.1M
EPS (Diluted) N/A $-0.13-30.0% $-0.10+66.7% $-0.30 N/A $-0.05+83.9% $-0.31+86.2% $-2.24

GPRO Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $428.0M-20.5% $538.6M+22.7% $439.0M-5.1% $462.5M-14.9% $543.7M-17.8% $661.6M+18.8% $556.8M-3.3% $575.8M
Current Assets $252.6M-29.6% $358.8M+40.4% $255.5M-8.4% $278.8M-17.8% $339.2M-25.4% $454.6M+29.4% $351.4M-4.9% $369.5M
Cash & Equivalents $49.7M-67.5% $152.8M+160.8% $58.6M-15.9% $69.6M-32.3% $102.8M-21.0% $130.2M-2.1% $133.0M-0.5% $133.7M
Inventory $78.4M-6.7% $84.1M-0.5% $84.5M-12.3% $96.3M-20.2% $120.7M-22.2% $155.3M+59.5% $97.3M-25.8% $131.3M
Accounts Receivable $93.5M+7.0% $87.4M+4.7% $83.5M+8.9% $76.7M-10.8% $85.9M-35.5% $133.2M+54.2% $86.3M+25.3% $68.9M
Goodwill $133.8M0.0% $133.8M0.0% $133.8M0.0% $133.8M-12.2% $152.4M0.0% $152.4M0.0% $152.4M0.0% $152.4M
Total Liabilities $351.4M-23.3% $458.1M+34.3% $341.1M-3.2% $352.5M-10.1% $392.0M-17.9% $477.7M+28.4% $372.1M+6.1% $350.8M
Current Liabilities $277.2M-26.9% $379.1M+22.6% $309.1M-2.5% $316.9M-11.1% $356.3M+3.4% $344.4M+44.4% $238.5M+8.5% $219.7M
Long-Term Debt $44.3M+0.9% $43.9M N/A N/A $0-100.0% $93.1M+0.2% $92.9M+0.2% $92.7M
Total Equity $76.5M-4.9% $80.5M-17.8% $97.9M-11.0% $110.0M-27.5% $151.7M-17.5% $183.9M-0.4% $184.7M-17.9% $224.9M
Retained Earnings -$775.1M-1.2% -$766.0M-2.9% -$744.7M-2.3% -$728.3M-6.9% -$681.6M-5.8% -$644.4M-1.3% -$636.2M-8.1% -$588.4M

GPRO Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $15.6M+28.3% $12.2M+39.0% $8.8M+115.3% -$57.2M-127.8% -$25.1M-1018.5% -$2.2M-470.9% $605K+100.6% -$98.4M
Capital Expenditures $645K-30.9% $934K+95.4% $478K-63.4% $1.3M+213.7% $416K-78.6% $1.9M+171.4% $716K-25.7% $964K
Free Cash Flow $15.0M+33.2% $11.2M+35.7% $8.3M+114.1% -$58.5M-129.2% -$25.5M-509.4% -$4.2M-3672.1% -$111K+99.9% -$99.4M
Investing Cash Flow -$645K+30.9% -$934K-95.4% -$478K+63.4% -$1.3M-213.7% -$416K+78.6% -$1.9M-171.4% -$716K-106.7% $10.7M
Financing Cash Flow -$117.9M-242.0% $83.1M+512.9% -$20.1M-180.9% $24.9M+10820.3% -$232K-325.2% $103K+151.0% -$202K+66.2% -$598K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A $0 $0 $0 $0

GPRO Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 31.8%-3.3pp 35.1%-0.7pp 35.8%+3.7pp 32.1%-2.6pp 34.7%-0.8pp 35.5%+5.0pp 30.4%-3.7pp 34.1%
Operating Margin -4.1%+5.7pp -9.8%-0.6pp -9.2%+24.5pp -33.7%-14.2pp -19.5%-16.4pp -3.1%+21.9pp -25.0%+1.7pp -26.6%
Net Margin -4.5%+8.5pp -13.0%-2.3pp -10.8%+24.0pp -34.8%-16.3pp -18.5%-15.3pp -3.2%+22.5pp -25.7%+192.4pp -218.1%
Return on Equity -11.9%+14.5pp -26.4%-9.6pp -16.8%+25.7pp -42.5%-18.0pp -24.5%-20.1pp -4.5%+21.4pp -25.9%+124.9pp -150.8%
Return on Assets -2.1%+1.8pp -4.0%-0.2pp -3.7%+6.4pp -10.1%-3.3pp -6.8%-5.6pp -1.2%+7.4pp -8.6%+50.3pp -58.9%
Current Ratio 0.91-0.0 0.95+0.1 0.83-0.1 0.88-0.1 0.95-0.4 1.32-0.2 1.47-0.2 1.68
Debt-to-Equity 0.58+0.0 0.55-2.9 3.48+0.3 3.21+3.2 0.00-0.5 0.510.0 0.50+0.1 0.41
FCF Margin 7.4%+0.5pp 6.9%+1.5pp 5.4%+49.0pp -43.5%-30.9pp -12.7%-11.1pp -1.6%-1.6pp -0.1%+63.8pp -63.9%

Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Gopro Inc (GPRO) reported $651.5M in total revenue for fiscal year 2025. This represents a -18.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Gopro Inc (GPRO) revenue declined by 18.7% year-over-year, from $801.5M to $651.5M in fiscal year 2025.

No, Gopro Inc (GPRO) reported a net income of -$93.5M in fiscal year 2025, with a net profit margin of -14.3%.

Gopro Inc (GPRO) reported diluted earnings per share of $-0.59 for fiscal year 2025. This represents a 79.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Gopro Inc (GPRO) had EBITDA of -$76.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Gopro Inc (GPRO) had $49.7M in cash and equivalents against $44.3M in long-term debt.

Gopro Inc (GPRO) had a gross margin of 33.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Gopro Inc (GPRO) had an operating margin of -12.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Gopro Inc (GPRO) had a net profit margin of -14.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Gopro Inc (GPRO) has a return on equity of -122.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Gopro Inc (GPRO) generated -$24.0M in free cash flow during fiscal year 2025. This represents a 81.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Gopro Inc (GPRO) generated -$20.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Gopro Inc (GPRO) had $428.0M in total assets as of fiscal year 2025, including both current and long-term assets.

Gopro Inc (GPRO) invested $3.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Gopro Inc (GPRO) invested $126.8M in research and development during fiscal year 2025.

Gopro Inc (GPRO) had a current ratio of 0.91 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Gopro Inc (GPRO) had a debt-to-equity ratio of 0.58 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Gopro Inc (GPRO) had a return on assets of -21.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Gopro Inc (GPRO) had $49.7M in cash against an annual operating cash burn of $20.7M. This gives an estimated cash runway of approximately 29 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Gopro Inc (GPRO) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Gopro Inc (GPRO) has an earnings quality ratio of 0.22x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Gopro Inc (GPRO) scores 20 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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