---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-24-000078"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T17:46:47.521751+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GoPro Q1 revenue $155M beats guidance but down 11% YoY; GAAP loss $339M on $295M tax allowance

## Summary
- Revenue $155M, 7% above guidance but down 11% YoY; retail channel revenue up 33% to $106M.
- GAAP net loss $339M ($2.24 EPS) vs $30M loss a year ago; includes $295M valuation allowance.
- Non-GAAP net loss $32M ($0.21 EPS) vs $25M loss; adjusted EBITDA negative $29M.
- Subscribers hit 2.5M (+6% YoY); subscription & service revenue $26M, up 12% YoY.
- Cash & marketable securities $134M; Q1 street ASP $395, up 5% YoY.

## SEC filing metadata
- accession: 0001500435-24-000078
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000078/0001500435-24-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000078/gpro-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-24-000078
- JSON: https://secwatch.observer/filing/0001500435-24-000078.json
- Plain text: https://secwatch.observer/filing/0001500435-24-000078.txt

## Key facts
- Earnings Releases
  GoPro, Inc. reported first quarter ended March 31, 2024 results: revenue $155 million, net income GAAP net loss was $339 million, EPS $2.24 loss per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $155 million
  - Net income: GAAP net loss was $339 million
  - EPS: $2.24 loss per share
  - Result: reported results
  source text: Act”), except as may be expressly set forth by specific reference in such filing or document. --- EX-99.1 (EX-99.1) --- GoPro Announces First Quarter Results Revenue of $155 million was 7% Above Guidance GoPro Subscribers Grew 6% Year-over-Year to 2.5 million Subscription and Service Revenue was $26 million, up 12% Year-over-Year SAN MATEO, Calif., May 7,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500435/000150043524000078/0001500435-24-000078-index.htm

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