GoPro reported a revenue of $153 million for Q2 2025, an 18% decrease year-over-year. Despite the revenue decline, the company significantly improved its GAAP gross margin to 35.8% and non-GAAP gross margin to 36.0%. Net loss decreased to $16 million from $48 million in the prior year, and adjusted EBITDA improved by 83% to negative $6 million.
Revenue for Q2 2025 was $153 million, an 18% decrease year-over-year.
GAAP gross margin improved to 35.8% and non-GAAP gross margin to 36.0% from 30.5% and 30.7% respectively in the prior year quarter.
GAAP net loss significantly reduced to $16 million from $48 million in Q2 2024.
Adjusted EBITDA improved by 83% year-over-year, reaching negative $6 million.
GoPro anticipates restoring revenue growth and profitability starting in Q4 2025, driven by the launch of a broader and more diversified suite of hardware and software products in the second half of 2025.
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