Gopro Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Gopro Inc has an operating margin of -16.9%, meaning the company retains $-17 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 down from -7.5% the prior year.
Gopro Inc's revenue declined 20.3% year-over-year, from $1.0B to $801.5M. This contraction results in a growth score of 0/100.
Gopro Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Gopro Inc's current ratio of 0.95 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 18/100, which could limit financial flexibility.
While Gopro Inc generated -$125.1M in operating cash flow, capex of $4.0M consumed most of it, leaving -$129.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Gopro Inc passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Gopro Inc generates $0.29 in operating cash flow (-$125.1M OCF vs -$432.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Gopro Inc earns $-40.6 in operating income for every $1 of interest expense (-$135.0M vs $3.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Gopro Inc (GPRO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).
Key Financial Metrics
Gopro Inc generated $801.5M in revenue in fiscal year 2024. This represents a decrease of 20.3% from the prior year.
Gopro Inc's EBITDA was -$128.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 85.5% from the prior year.
Gopro Inc generated -$129.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 275.7% from the prior year.
Gopro Inc reported -$432.3M in net income in fiscal year 2024. This represents a decrease of 712.9% from the prior year.
Gopro Inc earned $-2.82 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 705.7% from the prior year.
Gopro Inc held $102.8M in cash against $0 in long-term debt as of fiscal year 2024.
Gopro Inc's gross margin was 33.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.7 percentage points from the prior year.
Gopro Inc's operating margin was -16.9% in fiscal year 2024, reflecting core business profitability. This is down 9.3 percentage points from the prior year.
Gopro Inc's net profit margin was -53.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 48.6 percentage points from the prior year.
Gopro Inc invested $185.9M in research and development in fiscal year 2024. This represents an increase of 12.2% from the prior year.
Gopro Inc spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.
Gopro Inc invested $4.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 165.7% from the prior year.
GPRO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $162.9M+6.7% | $152.6M+13.7% | $134.3M-33.1% | $200.9M+7.9% | $186.2M+19.8% | $155.5M-47.4% | $295.4M+0.4% | $294.3M |
| Cost of Revenue | $105.8M+7.9% | $98.0M+7.5% | $91.2M-30.5% | $131.2M+1.3% | $129.5M+26.4% | $102.4M-47.3% | $194.3M-2.9% | $200.1M |
| Gross Profit | $57.2M+4.6% | $54.7M+26.7% | $43.1M-38.1% | $69.7M+22.9% | $56.7M+6.9% | $53.0M-47.5% | $101.1M+7.3% | $94.2M |
| R&D Expenses | $34.6M+13.4% | $30.5M+3.2% | $29.6M-40.9% | $50.0M+6.6% | $46.9M+5.2% | $44.6M+1.6% | $43.9M+5.2% | $41.7M |
| SG&A Expenses | $13.5M+4.7% | $12.9M-23.9% | $16.9M+10.5% | $15.3M+2.6% | $14.9M+1.6% | $14.7M-9.3% | $16.2M+7.8% | $15.0M |
| Operating Income | -$15.9M-13.4% | -$14.0M+69.0% | -$45.2M-15.6% | -$39.1M+15.9% | -$46.5M-12.3% | -$41.4M-342.1% | -$9.4M-147.4% | -$3.8M |
| Interest Expense | N/A | $1.4M+80.2% | $797K-24.6% | $1.1M+33.8% | $790K+17.2% | $674K-45.5% | $1.2M+5.6% | $1.2M |
| Income Tax | $771K-41.1% | $1.3M-20.8% | $1.7M+168.7% | -$2.4M-280.3% | $1.3M-99.6% | $298.2M+10080.2% | -$3.0M-533.7% | $689K |
| Net Income | -$21.3M-29.4% | -$16.4M+64.8% | -$46.7M-25.6% | -$37.2M+22.2% | -$47.8M+85.9% | -$339.1M-13923.5% | -$2.4M+34.4% | -$3.7M |
| EPS (Diluted) | $-0.13-30.0% | $-0.10+66.7% | $-0.30-36.4% | $-0.22+29.0% | $-0.31+86.2% | $-2.24-7366.7% | $-0.03-50.0% | $-0.02 |
GPRO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $538.6M+22.7% | $439.0M-5.1% | $462.5M-14.9% | $543.7M-2.3% | $556.8M-3.3% | $575.8M-40.5% | $968.0M-7.4% | $1.0B |
| Current Assets | $358.8M+40.4% | $255.5M-8.4% | $278.8M-17.8% | $339.2M-3.5% | $351.4M-4.9% | $369.5M-23.4% | $482.6M-13.8% | $559.8M |
| Cash & Equivalents | $152.8M+160.8% | $58.6M-15.9% | $69.6M-32.3% | $102.8M-22.7% | $133.0M-0.5% | $133.7M-40.0% | $222.7M+0.8% | $221.0M |
| Inventory | $84.1M-0.5% | $84.5M-12.3% | $96.3M-20.2% | $120.7M+24.0% | $97.3M-25.8% | $131.3M+23.5% | $106.3M-31.4% | $154.9M |
| Accounts Receivable | $87.4M+4.7% | $83.5M+8.9% | $76.7M-10.8% | $85.9M-0.5% | $86.3M+25.3% | $68.9M-24.7% | $91.5M-14.9% | $107.5M |
| Goodwill | $133.8M0.0% | $133.8M0.0% | $133.8M-12.2% | $152.4M0.0% | $152.4M0.0% | $152.4M+4.0% | $146.5M0.0% | $146.5M |
| Total Liabilities | $458.1M+34.3% | $341.1M-3.2% | $352.5M-10.1% | $392.0M+5.4% | $372.1M+6.1% | $350.8M-14.9% | $412.1M-15.3% | $486.6M |
| Current Liabilities | $379.1M+22.6% | $309.1M-2.5% | $316.9M-11.1% | $356.3M+49.4% | $238.5M+8.5% | $219.7M-21.3% | $279.1M-7.2% | $300.8M |
| Long-Term Debt | $43.9M | N/A | N/A | $0-100.0% | $92.9M+0.2% | $92.7M+0.1% | $92.6M-34.7% | $141.7M |
| Total Equity | $80.5M-17.8% | $97.9M-11.0% | $110.0M-27.5% | $151.7M-17.9% | $184.7M-17.9% | $224.9M-59.5% | $555.8M-0.6% | $559.1M |
| Retained Earnings | -$766.0M-2.9% | -$744.7M-2.3% | -$728.3M-6.9% | -$681.6M-7.1% | -$636.2M-8.1% | -$588.4M-136.0% | -$249.3M-1.0% | -$246.9M |
GPRO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $12.2M+39.0% | $8.8M+115.3% | -$57.2M-127.8% | -$25.1M-4248.6% | $605K+100.6% | -$98.4M-325.0% | $43.7M+2769.7% | -$1.6M |
| Capital Expenditures | $934K+95.4% | $478K-63.4% | $1.3M+213.7% | $416K-41.9% | $716K-25.7% | $964K+80.2% | $535K+2129.2% | $24K |
| Free Cash Flow | $11.2M+35.7% | $8.3M+114.1% | -$58.5M-129.2% | -$25.5M-22886.5% | -$111K+99.9% | -$99.4M-330.0% | $43.2M+2698.9% | -$1.7M |
| Investing Cash Flow | -$934K-95.4% | -$478K+63.4% | -$1.3M-213.7% | -$416K+41.9% | -$716K-106.7% | $10.7M-25.8% | $14.5M-67.1% | $44.0M |
| Financing Cash Flow | $83.1M+512.9% | -$20.1M-180.9% | $24.9M+10820.3% | -$232K-14.9% | -$202K+66.2% | -$598K+99.0% | -$57.1M-430.8% | -$10.8M |
| 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 | $0 | $0 | $0-100.0% | $10.0M0.0% | $10.0M |
GPRO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.1%-0.7pp | 35.8%+3.7pp | 32.1%-2.6pp | 34.7%+4.2pp | 30.4%-3.7pp | 34.1%-0.1pp | 34.2%+2.2pp | 32.0% |
| Operating Margin | -9.8%-0.6pp | -9.2%+24.5pp | -33.7%-14.2pp | -19.5%+5.5pp | -25.0%+1.7pp | -26.6%-23.5pp | -3.2%-1.9pp | -1.3% |
| Net Margin | -13.0%-2.3pp | -10.8%+24.0pp | -34.8%-16.3pp | -18.5%+7.2pp | -25.7%+192.4pp | -218.1%-217.3pp | -0.8%+0.4pp | -1.3% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -4.0%-0.2pp | -3.7%+6.4pp | -10.1%-3.3pp | -6.8%+1.8pp | -8.6%+50.3pp | -58.9%-58.6pp | -0.3%+0.1pp | -0.4% |
| Current Ratio | 0.95+0.1 | 0.83-0.1 | 0.88-0.1 | 0.95-0.5 | 1.47-0.2 | 1.68-0.0 | 1.73-0.1 | 1.86 |
| Debt-to-Equity | 0.55-2.9 | 3.48+0.3 | 3.21+3.2 | 0.00-0.5 | 0.50+0.1 | 0.41+0.2 | 0.17-0.1 | 0.25 |
| FCF Margin | 6.9%+1.5pp | 5.4%+49.0pp | -43.5%-30.9pp | -12.7%-12.6pp | -0.1%+63.8pp | -63.9%-78.5pp | 14.6%+15.2pp | -0.6% |
Note: The current ratio is below 1.0 (0.95), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Gopro Inc's annual revenue?
Gopro Inc (GPRO) reported $801.5M in total revenue for fiscal year 2024. This represents a -20.3% 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.
How fast is Gopro Inc's revenue growing?
Gopro Inc (GPRO) revenue declined by 20.3% year-over-year, from $1.0B to $801.5M in fiscal year 2024.
Is Gopro Inc profitable?
No, Gopro Inc (GPRO) reported a net income of -$432.3M in fiscal year 2024, with a net profit margin of -53.9%.
What is Gopro Inc's earnings per share (EPS)?
Gopro Inc (GPRO) reported diluted earnings per share of $-2.82 for fiscal year 2024. This represents a -705.7% 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.
What is Gopro Inc's EBITDA?
Gopro Inc (GPRO) had EBITDA of -$128.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gopro Inc have?
As of fiscal year 2024, Gopro Inc (GPRO) had $102.8M in cash and equivalents against $0 in long-term debt.
What is Gopro Inc's gross margin?
Gopro Inc (GPRO) had a gross margin of 33.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gopro Inc's operating margin?
Gopro Inc (GPRO) had an operating margin of -16.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Gopro Inc's net profit margin?
Gopro Inc (GPRO) had a net profit margin of -53.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Gopro Inc's free cash flow?
Gopro Inc (GPRO) generated -$129.2M in free cash flow during fiscal year 2024. This represents a -275.7% 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.
What is Gopro Inc's operating cash flow?
Gopro Inc (GPRO) generated -$125.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Gopro Inc's total assets?
Gopro Inc (GPRO) had $543.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Gopro Inc's capital expenditures?
Gopro Inc (GPRO) invested $4.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Gopro Inc spend on research and development?
Gopro Inc (GPRO) invested $185.9M in research and development during fiscal year 2024.
What is Gopro Inc's current ratio?
Gopro Inc (GPRO) had a current ratio of 0.95 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Gopro Inc's debt-to-equity ratio?
Gopro Inc (GPRO) had a debt-to-equity ratio of 0.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gopro Inc's return on assets (ROA)?
Gopro Inc (GPRO) had a return on assets of -79.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Gopro Inc's cash runway?
Based on fiscal year 2024 data, Gopro Inc (GPRO) had $102.8M in cash against an annual operating cash burn of $125.1M. This gives an estimated cash runway of approximately 10 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.
What is Gopro Inc's Piotroski F-Score?
Gopro Inc (GPRO) has a Piotroski F-Score of 4 out of 9, indicating neutral 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.
Are Gopro Inc's earnings high quality?
Gopro Inc (GPRO) has an earnings quality ratio of 0.29x, 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.
Can Gopro Inc cover its interest payments?
Gopro Inc (GPRO) has an interest coverage ratio of -40.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Gopro Inc?
Gopro Inc (GPRO) scores 24 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.