---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-22-000055"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:50:50.167377+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GoPro Q3 revenue $305M (-4% YoY); GAAP EPS $0.10, non-GAAP EPS $0.19; subscribers 2.1M (+55%)

## Summary
- Revenue $305M, down 4% YoY on dollar basis but up 2% in constant currency; subscription revenue $21M (+48%).
- GAAP net income $18M ($0.10/diluted share); non-GAAP net income $32M ($0.19/diluted share).
- Subscribers grew 55% YoY to 2.1M; annual recurring subscription revenue expected to exceed $100M moving forward.
- GAAP gross margin 38.0% vs 43.6% YoY; adjusted EBITDA $35M (12% of revenue) down from $60M (19%).
- Cash net of debt nearly doubled to $205M from $110M in Q3 2021; Street ASP rose 1% to $383.

## SEC filing metadata
- accession: 0001500435-22-000055
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000150043522000055/0001500435-22-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043522000055/gpro-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-22-000055
- JSON: https://secwatch.observer/filing/0001500435-22-000055.json
- Plain text: https://secwatch.observer/filing/0001500435-22-000055.txt

## Key facts
- Earnings Releases
  GoPro, Inc. reported third quarter ended September 30, 2022 results: revenue $305 million, net income $0.10 per share, EPS $0.10.
  - Period: third quarter ended September 30, 2022
  - Revenue: $305 million
  - Net income: $0.10 per share
  - EPS: $0.10
  - Result: reported results
  source text: EX-99.1 (EX-99.1) --- GoPro Announces Third Quarter 2022 Results GoPro Subscribers Grew 55% year-over-year to 2.1 million GAAP EPS of $0.10 and non-GAAP EPS of $0.19 Revenue of $305 Million 3% Above Consensus SAN MATEO, Calif., November 3, 2022 - GoPro, Inc. (NASDAQ: GPRO) today announced financial results for its third quarter ended September 30, 2022, and posted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500435/000150043522000055/0001500435-22-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.