---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-25-000056"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T15:23:11.238918+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GoPro Q2 revenue falls 18% to $153M; net loss narrows to $16M; gross margin improves to 36%

## Summary
- GAAP net loss of $16M ($0.10 loss per share) vs. loss of $48M ($0.31) a year ago; adjusted EBITDA improved 83% to negative $6M.
- Revenue $153M, down 18% YoY; sell-through ~500K camera units, down 23% YoY.
- Subscription & service revenue flat at $26M; subscriber count 2.45M, down 3% YoY.
- Closed $50M second lien credit facility; issued 11.1M warrants at $1.25 exercise price.
- ITC judge ruled Insta360 infringes GoPro’s HERO camera patent; final determination by Nov 10, 2025.

## SEC filing metadata
- accession: 0001500435-25-000056
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000150043525000056/0001500435-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043525000056/gpro-20250811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-25-000056
- JSON: https://secwatch.observer/filing/0001500435-25-000056.json
- Plain text: https://secwatch.observer/filing/0001500435-25-000056.txt

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