Gopro, Inc. income statement
In fiscal 2025, Gopro, Inc. reported revenue of $652m, down 18.7% on the year before, operating income of −$83.3m (a -12.8% margin) and net income of −$92.6m, or −$0.58 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 526 | 986 | 1,394 | 1,620 | 1,185 | 1,180 | 1,148 | 1,195 | 892 | 1,161 | 1,094 | 1,005 | 801 | 652 | 569 |
| Cost of revenue | 299 | 624 | 767 | 947 | 724 | 795 | 787 | 782 | 577 | 684 | 687 | 682 | 530 | 432 | 411 |
| Gross profit | 227 | 362 | 627 | 673 | 462 | 385 | 361 | 413 | 315 | 477 | 407 | 324 | 271 | 219 | 157 |
| Research and development | 36 | 74 | 152 | 242 | 359 | 229 | 167 | 143 | 132 | 141 | 140 | 166 | 186 | 127 | 125 |
| Selling and marketing | 117 | 158 | 194 | 269 | 369 | 237 | 222 | 206 | 151 | 157 | 167 | 170 | 161 | 101 | 104 |
| General and administrative | 21 | 32 | 94 | 108 | 107 | 82 | 66 | 66 | 68 | 66 | 61 | 64 | 60 | 56 | 48 |
| Operating income | 54 | 99 | 187 | 55 | −373 | −163 | −94 | −2 | −37 | 113 | 39 | −75 | −135 | −83 | −120 |
| Interest expense | — | — | — | 2 | 3 | 14 | 19 | 19 | 20 | 23 | 6 | 5 | 3 | — | — |
| Income before tax | 53 | 91 | 181 | 53 | −375 | −176 | −108 | −19 | −62 | 90 | 34 | −68 | −133 | −91 | −155 |
| Income tax | 21 | 31 | 53 | 16 | 44 | 6 | 1 | −4 | 5 | −281 | 6 | −15 | 299 | 2 | 2 |
| Net income | 32 | 61 | 128 | 36 | −419 | −183 | −109 | −15 | −67 | 371 | 29 | −53 | −432 | −93 | −157 |
| Diluted EPS | $0.07 | $0.47 | $0.92 | $0.25 | −$3.01 | −$1.32 | −$0.78 | −$0.10 | −$0.45 | $2.27 | $0.18 | −$0.35 | −$2.82 | −$0.58 | −$0.96 |
| Diluted shares (average) | 74m | 99m | 124m | 146m | 139m | 138m | 139m | 145m | 149m | 163m | 178m | 153m | 153m | 159m | 164m |
| EBITDA | 58 | 111 | 205 | 84 | −331 | −122 | −59 | 24 | −18 | 124 | 48 | −69 | −129 | −76 | −114 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 259 | 201 | 134 | 153 | 163 | 202 | 99 | 105 |
| Cost of revenue | 167 | 131 | 91 | 98 | 106 | 137 | 95 | 73 |
| Gross profit | 92 | 70 | 43 | 55 | 57 | 64 | 4 | 32 |
| Research and development | 44 | 50 | 30 | 31 | 35 | 32 | 28 | 30 |
| Selling and marketing | 41 | 43 | 23 | 25 | 25 | 27 | 23 | 29 |
| General and administrative | 15 | 15 | 17 | 13 | 13 | 13 | 10 | 12 |
| Operating income | −8 | −39 | −45 | −14 | −16 | −8 | −57 | −39 |
| Interest expense | 1 | 1 | 1 | 1 | — | — | — | — |
| Income before tax | −6 | −40 | −45 | −15 | −27 | −4 | −74 | −50 |
| Income tax | 2 | −2 | 2 | 1 | 1 | −2 | 2 | 1 |
| Net income | −8 | −37 | −47 | −16 | −27 | −2 | −76 | −51 |
| Diluted EPS | −$0.05 | −$0.23 | −$0.30 | −$0.10 | −$0.17 | −$0.01 | −$0.47 | −$0.30 |
| EBITDA | −7 | −37 | −43 | −13 | −15 | −6 | −55 | −38 |
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