GoPro Earnings Reports

GoPro reported a revenue of $134 million for Q1 2025, down 14% year-over-year. The company's GAAP net loss was $47 million, a significant improvement from the prior year's $339 million net loss which included a large valuation allowance. Non-GAAP net loss also improved to $19 million.

GoPro reported a Q4 2024 revenue of $201 million, a 32% decrease year-over-year. The company experienced a GAAP net loss of $37 million, or $(0.24) per share, and a non-GAAP net loss of $14 million, or $(0.09) per share. Subscription and service revenue increased by 9% year-over-year to $27 million, driven by ARPU growth from improved retention rates.

GoPro reported Q3 2024 revenue of $259 million, exceeding the midpoint of its guidance, and a subscriber base growth of 2% year-over-year to 2.56 million. The company updated its restructuring plan to substantially reduce operating expenses and position GoPro for profitability in 2025.

GoPro's Q2 2024 revenue reached $186 million, surpassing expectations, and the subscriber base grew to 2.53 million. However, the company reported a GAAP net loss of $48 million, or $0.31 loss per share, and a non-GAAP net loss of $36 million, or $0.24 loss per share.

GoPro's Q1 2024 revenue reached $155 million, surpassing guidance but down 11% year-over-year. Subscription and service revenue grew by 12% to $26 million, with subscriber count reaching 2.5 million, a 6% increase year-over-year. The company reported a GAAP net loss of $339 million, or $2.24 per share, primarily due to a $295 million tax valuation allowance.

GoPro's Q4 2023 saw a revenue decline of 8% year-over-year, but subscription and service revenue increased by 13%. The company faced a GAAP net loss, contrasting with the previous year's net income. Despite these challenges, GoPro focused on capital allocation, repurchasing convertible notes and stock.

GoPro reported Q3 2023 revenue of $294 million, a 4% decrease year-over-year but above the midpoint of guidance. The company achieved a subscriber count of 2.5 million, a 20% increase year-over-year. However, GAAP net loss was $4 million, a decrease from the prior year's net income of $18 million.

GoPro's Q2 2023 revenue was $241 million, exceeding guidance by 10% but down 4% year-over-year. The company saw subscriber growth of 27% year-over-year, reaching 2.44 million subscribers. However, GAAP net loss was $17 million, a decrease from the previous year's net income of $3 million.

GoPro's Q1 2023 revenue reached $175 million, surpassing guidance. Subscriber base grew to 2.36 million, with subscription and service revenue increasing. However, the company reported a GAAP net loss of $30 million, impacted by a new product pricing strategy.

GoPro's Q4 2022 revenue was $321 million, a decrease of 18% year-over-year, but in line with guidance. GAAP net income was $3 million, or $0.02 per share, while non-GAAP net income was $21 million, or $0.12 per share.

GoPro's Q3 2022 revenue reached $305 million, a 4% decrease year-over-year, but a 2% increase on a constant currency basis. GAAP EPS was $0.10 and non-GAAP EPS was $0.19. The subscriber base grew to 2.1 million, a 55% increase year-over-year.

GoPro's Q2 2022 financial results showed slight revenue growth and strong subscription increases, but a decrease in net income compared to the previous year.

GoPro announced its Q1 2022 financial results, with revenue up 6% year-over-year to $217 million. The company reported GAAP EPS of $0.04 and non-GAAP EPS of $0.09. GoPro Subscribers increased 85% year-over-year to 1.74 million, and Cash & Investments increased 52% year-over-year to $450 million.

GoPro's Q4 2021 results showed a 9% year-over-year revenue increase, reaching $391 million. The company's strategic shift towards a direct-to-consumer, subscription-centric model contributed to revenue, margin, and profitability growth, resulting in a record year-end cash balance of $539 million.

GoPro reported a strong third quarter with revenue of $317 million, a 13% increase year-over-year. The company's GAAP EPS was $1.92, and non-GAAP EPS was $0.34. GoPro's subscriber base grew significantly, and the company achieved its highest gross margins since 2015.

GoPro reported strong Q2 2021 results, with revenue up 86% year-over-year to $250 million. The company achieved GAAP net income of $17 million, or $0.10 per share, and non-GAAP net income of $20 million, or $0.12 per share. GoPro.com revenue increased 48% year-over-year, and subscriber count grew significantly.

GoPro's Q1 2021 saw significant growth with revenue reaching $204 million, a 71% increase year-over-year. GoPro.com's revenue surged by 224%, capturing 40% of total revenue. The company also surpassed one million subscribers in April and launched the Quik App subscription.

GoPro's Q4 2020 results showed a revenue of $358 million, GAAP EPS of $0.28, and non-GAAP EPS of $0.39. The company ended the year with 761,000 subscribers, a 145% year-over-year increase, and generated $108 million in cash flow from operations during the quarter.

GoPro achieved GAAP and non-GAAP profitability in Q3 2020, generating $100 million in operating cash flow and surpassing 500,000 subscribers. Revenue for Q3 2020 was $281 million, a 109% sequential improvement from $134 million in Q2 2020.

GoPro's Q2 2020 revenue was $134 million, a 12% sequential improvement from Q1 2020. The company's strategic shift to a more direct-to-consumer business with lower operating costs is showing positive results, with GoPro.com representing a record percentage of revenue at 44%.

GoPro's Q1 2020 revenue was $119 million, a decrease from $243 million in the same period last year. The company is transitioning to a more efficient direct-to-consumer business model and managing operating expenses.

GoPro reported a strong Q4 2019 with a 40% increase in revenue year-over-year, driven by the launch of HERO8 Black and MAX. The company achieved GAAP net income of $96 million, or $0.65 per share, and non-GAAP net income of $102 million, or $0.70 per share. GoPro.com represented more than 10% of revenue in 2019, growing more than 40% year-over-year.