---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-24-000011"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T06:55:07.046122+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GoPro Q4 revenue $295M (-8% YoY); full-year net loss $53M; subscribers up 12% to 2.5M

## Summary
- Q4 GAAP net loss $2M ($0.02 loss per share); Non-GAAP net income $2M ($0.02 EPS).
- Full year 2023 revenue $1.0B (-8% YoY); GAAP net loss $53M ($0.35 loss per share).
- Subscription and service revenue $97M (+18% YoY); subscriber base 2.5M (+12% YoY).
- Q4 gross margin GAAP 34.2% (up 170bps YoY); full year GAAP gross margin 32.2% (down 500bps YoY).
- Repurchased $50M aggregate principal of 2025 Convertible Notes and $40M stock in 2023.

## SEC filing metadata
- accession: 0001500435-24-000011
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1500435/000150043524000011/0001500435-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000011/gpro-20240207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-24-000011
- JSON: https://secwatch.observer/filing/0001500435-24-000011.json
- Plain text: https://secwatch.observer/filing/0001500435-24-000011.txt

## Key facts
- Earnings Releases
  GoPro, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $295 million, net income GAAP net loss was $2 million, or a $0.02 loss per share, EPS $0.02 loss per share.
  - Period: fourth quarter and full year ended December 31, 2023
  - Revenue: $295 million
  - Net income: GAAP net loss was $2 million, or a $0.02 loss per share
  - EPS: $0.02 loss per share
  - Result: reported results
  source text: see the management commentary referenced above and posted in the investor relations section of our website at https://investor.gopro.com. Q4 2023 Financial Results • Revenue was $295 million, down 8% year-over-year. • Subscription and service revenue increased 13% year-over-year to $25 million. • GoPro subscriber count ended Q4 at 2.5 million, up 12% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000011/0001500435-24-000011-index.htm
- Earnings Releases
  GoPro, Inc. reported full year ended December 31, 2023 results: revenue $1.0 billion, net income GAAP net loss was $53 million, or a $0.35 loss per share, EPS $0.35 loss per share.
  - Period: full year ended December 31, 2023
  - Revenue: $1.0 billion
  - Net income: GAAP net loss was $53 million, or a $0.35 loss per share
  - EPS: $0.35 loss per share
  - Result: reported results
  source text: oPro Announces Fourth Quarter and 2023 Results 2023 Revenue of $1.0 billion 3 million Camera Units Sold, up 6% Year-over-Year GoPro Subscribers Grew 12% Year-over-Year to 2.5 million Subscription and Service Revenue was $97 million, up 18% Year-over-Year SAN MATEO, Calif., February 7, 2024 - GoPro, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000011/0001500435-24-000011-index.htm

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