---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-25-000093"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:38:12.920349+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# GoPro Q3 revenue down 37% to $163M, GAAP loss per share $0.13; CEO trust invests $2M; credit covenants relaxed

## Summary
- Revenue $163M, down 37% YoY; sell-through ~500k units, down 18% YoY; subscriber count 2.42M, down 5% YoY.
- GAAP net loss $21M ($0.13 loss per share) vs $8M loss YoY; Non-GAAP net loss $14M ($0.09 loss per share) vs breakeven.
- CEO-affiliated Woodman Family Trust to purchase $2M of Class A common stock from GoPro.
- Warrant exercise price reduced from $1.25 to $0.75 per share, covering up to 11.1M shares.
- Credit agreement amended: interim 2026 EBITDA covenants adjusted due to tariff increases from 10% to 19% in Malaysia/Thailand.

## SEC filing metadata
- accession: 0001500435-25-000093
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 3.03, 5.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000150043525000093/0001500435-25-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043525000093/gpro-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-25-000093
- JSON: https://secwatch.observer/filing/0001500435-25-000093.json
- Plain text: https://secwatch.observer/filing/0001500435-25-000093.txt

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