GoPro, Inc. filings document the regulatory record of a public camera-technology company with Class A common stock, product revenue, subscriptions and outsourced manufacturing relationships. Proxy statements cover board elections, shareholder voting matters, executive compensation, equity awards and equity compensation plan information.
Material-event reports record restructuring and exit-cost actions, leadership and compensatory-arrangement changes, credit agreement amendments, liquidity and financial covenant disclosures, subscription agreements, unregistered equity sales and patent-litigation updates involving GoPro camera products. Registration statements and other filings describe securities offerings, capital-structure matters, operating and financial results, material agreements and governance disclosures.
GoPro, Inc. President and COO Brian McGee reported routine equity compensation activity. He received a grant of 432,432 restricted stock units that vest over four years starting on May 15, 2027. On the same date, 43,324 shares were surrendered back to GoPro at $1.11 per share to cover tax withholding on vesting, which the footnote clarifies were not sold on the market. After these transactions, he holds 1,077,754 shares directly and 276 shares indirectly through his spouse.
GoPro, Inc. has entered into a new headquarters lease and formally launched a strategic review that includes a potential sale of the company. The company signed a lease with PenLark, L.P. for approximately 25,000 square feet at 2855 Campus Drive in San Mateo, with the term starting on January 1, 2027 and expiring on December 31, 2031. Initial monthly base rent is about $87,500, with annual increases of roughly 3%.
Separately, GoPro engaged Houlihan Lokey, Inc. as financial advisor to help evaluate a potential sale and other strategic alternatives following several unsolicited inbound strategic inquiries from parties in defense, consumer and financial sectors. The board and management fully support this process, but no timetable has been set and there is no assurance any transaction will be completed.
GoPro, Inc. reports a favorable court ruling that invalidates all asserted patent claims in its dispute with Contour IP Holding LLC and eliminates a prior damages award. A jury had previously awarded CIPH $8,200,000 for certain legacy camera products no longer made or sold.
On May 14, 2026, the Court granted GoPro’s motion for judgment as a matter of law, finding the sole remaining valid patent claim invalid as obvious. With all asserted claims of both patents now found invalid, the Court vacated the $8,200,000 award in its entirety and denied CIPH’s post-trial motions. As a result, GoPro states it has no liability from this case, though the ruling remains subject to appeal to the U.S. Court of Appeals for the Federal Circuit.
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 weak first quarter 2026 results and began a formal review of strategic alternatives. Revenue was $99.1 million, down 26% year-over-year, with hardware revenue falling to $72.2 million and subscription and services roughly flat at $26.9 million.
GAAP gross margin collapsed to 4.3% from 32.1%, hurt by a discrete $24.5 million charge on component purchase commitments and a $4.5 million slow-moving inventory sale. GAAP net loss widened to $80.8 million or $(0.50) per share, and adjusted EBITDA was $(49.8) million.
Cash and cash equivalents declined to $40.7 million while short-term debt increased to $72.0 million, and stockholders’ equity turned negative at $(1.9) million. The quarter also featured the launch of the high-end MISSION 1 camera series and steps toward defense and aerospace market exploration.
GoPro, Inc. Schedule 13G/A amendment discloses that William George Brumder II beneficially owns 1,750,000 shares of Class A common stock. The filing states this equals approximately 1.3% of the class based on 137,334,678 shares outstanding as of April 7, 2026. The statement is signed on April 21, 2026.
GoPro is holding its 2026 virtual annual meeting on June 2, 2026, asking stockholders to elect seven directors, ratify PricewaterhouseCoopers as auditor, and approve a non-binding advisory vote on executive pay.
Stockholders are also asked to add 13,000,000 shares to the 2024 Equity Incentive Plan, bringing the pool to 26,682,243 shares (about 10% of Class A shares currently outstanding), and to approve, under Nasdaq Listing Rule 5635(d), issuing the maximum number of Class A shares upon conversion of all Convertible Debentures and removing the related Exchange Cap. Class A shares carry one vote each and Class B shares carry ten votes each as of the April 7, 2026 record date.
GoPro, Inc. is soliciting proxies for its 2026 virtual Annual Meeting to be held on June 2, 2026 at 11:30 a.m. Pacific Time. Stockholders of record as of April 7, 2026 may vote. The Board asks stockholders to: elect seven directors; ratify PricewaterhouseCoopers LLP as auditor; approve a non-binding advisory vote on executive compensation; approve a 13,000,000‑share increase to the GoPro 2024 Equity Incentive Plan; and approve, under Nasdaq Listing Rule 5635(d), issuance of the maximum Class A shares issuable on conversion of outstanding convertible debentures and removal of the exchange cap. The proxy describes director compensation, governance practices, committee oversight (audit, compensation, nominating), cybersecurity and human capital programs, and voting procedures for the virtual meeting.