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Jun 30, 2021
GoPro Q2 2021 Earnings Report
GoPro's subscription-centric strategy delivered stellar results with improved margins and substantial year-over-year revenue growth.
Key Takeaways
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.
Revenue for Q2 2021 was $250 million, up 86% year-over-year.
GoPro.com revenue increased 48% year-over-year to $88 million.
GAAP net income was $17 million, or $0.10 per share.
GoPro subscribers increased 211% year-over-year to 1,160,000.
GoPro
GoPro
Forward Guidance
GoPro is increasing its revenue, margin, and earnings outlook for the second half and full year 2021.