Every 10-Q that GoPro, Inc. (GPRO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GPRO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GPRO filings page.
GoPro, Inc. (GPRO) restated its unaudited results for the three and six months ended June 30, 2026, correcting accounting errors in liability-classified warrants and the embedded conversion derivative on its convertible debentures. For the quarter, revenue was $104.9 million versus $152.6 million and net loss was $51.2 million versus $16.4 million a year earlier; six-month revenue was $204.0 million versus $287.0 million and net loss was $127.5 million versus $63.1 million. The errors affected debt and derivative liabilities, interest and other expense, and net loss; GoPro said revenue, gross margin, operating loss, cash, operating cash flows, EBITDA and non-GAAP operating income were unchanged by the corrections.
At June 30, 2026, cash was $27.3 million and aggregate principal debt was $87.2 million. GoPro disclosed substantial doubt about its ability to continue as a going concern within one year after issuance, citing expected covenant noncompliance and insufficient projected liquidity. Specified defaults and events of default were waived by lenders and holders; the 2021 Credit Agreement required its $24.4 million outstanding balance to be repaid within 180 days after July 9, 2026. A material weakness remained unremediated as of June 30, and disclosure controls were ineffective as of that date.
GoPro, Inc. (GPRO) restated first-quarter 2026 results to correct valuation and accounting errors in liability-classified warrants and the embedded conversion derivative on convertible debentures. Revenue for the three months ended March 31, 2026 was $99.1 million, versus $134.3 million in 2025; net loss was $76.3 million, versus $46.7 million. The corrections affected debt, interest and other expense, and net loss; operating loss and operating cash flow were unchanged by the restatement.
As of March 31, 2026, cash was $40.7 million and aggregate principal debt was $99.9 million; net cash used in operating activities for the quarter was $36.6 million. Management concluded substantial doubt about GoPro’s ability to continue as a going concern within one year remains unalleviated. It expects ongoing losses and negative operating cash flows, and the $25.5 million outstanding under the 2021 Credit Agreement as of March 31, 2026 must be repaid within 180 days of July 9, 2026.
Management concluded internal control over financial reporting was not effective as of December 31, 2025; the material weakness remained unremediated as of March 31, 2026, and disclosure controls were not effective as of that date. Lenders and noteholders waived defaults on October 16, 2026, without fees or other consideration.
GoPro, Inc. reports sharply weaker results and severe liquidity pressure for the three and six months ended June 30, 2026. Total revenue for the first half of 2026 was $204.0 million, versus $287.0 million a year earlier, a 28.9% decline, driven mainly by lower hardware sales. Net loss widened to $131.8 million for the first six months and $51.0 million for the quarter, with operating loss of $96.2 million and negative operating cash flow of $47.4 million.
Cash and cash equivalents fell to $27.3 million at June 30, 2026, against total debt of $87.2 million and a stockholders’ deficit of $32.7 million. GoPro discloses that it was not in compliance with multiple covenants under its 2021 and 2025 credit agreements, and all obligations under those facilities and its Convertible Debentures are classified as current. The company concludes that conditions, including expected continued losses, covenant risks, required refinancing of $24.4 million under the 2021 Credit Agreement within 180 days of July 9, 2026, and limited liquidity, raise substantial doubt about its ability to continue as a going concern and that this doubt has not been alleviated.
Management obtained short-term covenant waivers and amended its facilities, issued Convertible Debentures and 2026 Notes, and recorded an $18.9 million reduction to cost of revenue from approved IEEPA tariff refunds. It is pursuing strategic alternatives including a potential sale or merger, exploring new markets such as defense and aerospace, seeking additional financing, and executing an April 2026 restructuring plan to reduce its global workforce by approximately 23%.
GoPro, Inc. reported first-quarter 2026 revenue of $99.1 million, down 26.2% from $134.3 million a year earlier, as hardware sales fell sharply while subscription and services were flat. The company posted a net loss of $80.8 million, widening from $46.7 million, and an operating loss of $57.2 million.
Operating cash outflow was $36.6 million, and cash and cash equivalents declined to $40.7 million. Total liabilities of $383.2 million exceeded total assets, leaving stockholders’ equity at negative $1.9 million. Principal debt outstanding reached $99.9 million, much of it reclassified as short-term due to covenant risks and cross‑default provisions.
Management disclosed that conditions including ongoing losses, rising memory costs and supply constraints, forecast softness in demand, and expected future covenant non‑compliance raise substantial doubt about GoPro’s ability to continue as a going concern within one year. The board approved a restructuring plan to cut the global workforce by about 23% in 2026, with expected severance charges of $11.5–$15.0 million, and the company is exploring strategic alternatives, asset sales, and additional financing while also evaluating expansion into defense and aerospace markets.
GoPro, Inc. reported third‑quarter 2025 results showing softer demand and ongoing restructuring. Revenue was $162.9 million compared with $258.9 million a year ago, with gross profit of $57.2 million. The quarter recorded an operating loss of $15.9 million and a net loss of $21.3 million (basic and diluted loss per share $0.13).
Year‑to‑date revenue was $449.9 million, down from $600.6 million, and operating cash outflow was $36.3 million. Cash and cash equivalents stood at $58.4 million and the company held $94.3 million in restricted cash earmarked to repay its $93.8 million 2025 convertible notes due November 15, 2025. GoPro fully drew its $50.0 million 2021 revolving credit facility and added a $50.0 million second‑lien term loan in August 2025. Deferred revenue totaled $53.7 million as of September 30, 2025.
Subscription and service revenue contributed $26.6 million (16.3% of Q3 revenue). The company recognized an earlier $18.6 million goodwill impairment in Q1 2025. As of October 31, 2025, shares outstanding were 133,469,729 Class A and 26,258,546 Class B.
GoPro, Inc. reported quarterly revenue of $152.6 million and six-month revenue of $287.0 million, with six-month revenue down 16.0% versus prior year. The company recorded an operating loss of $14.0 million for the quarter and $59.2 million for the six months, and a net loss of $16.4 million and $63.1 million, respectively. Cash and cash equivalents declined to $58.6 million from $102.8 million at year-end, and operating cash outflows were $48.4 million for the six months.
The company took a $18.6 million goodwill impairment charge in Q1 2025. Subscription and service revenue represented $26.2 million (17.2%) of quarterly revenue and $53.1 million (18.5%) of six-month revenue. Outstanding convertible senior notes total $93.8 million maturing November 15, 2025. In August 2025 the company obtained a $50.0 million second-lien term loan to support liquidity.