GoPro Q1 revenue $99M (-26% YoY); GAAP loss $81M; launches strategic review

GoPro, Inc.

2026-Q1 EPS reported -$0.50 vs consensus -$0.04 ▼ miss (-1125.5%)

Revenue $99M, down 26% YoY; GAAP net loss $81M ($0.50 loss per share); Non-GAAP net loss $58M.
Gross margin 4.3% GAAP (32.1% YoY) hit by $24.5M component commitment charge and $4.5M inventory sale.
Subscribers fell 8% to 2.26M; subscription/service revenue flat at $27M.
Board authorized process to review strategic alternatives, including potential sale or merger.
Launched MISSION 1 Series cameras for high-end digital imaging; exploring defense/aerospace opportunities.

item 2.02item 9.01

Source: SEC EDGAR

accession 0001500435-26-000015

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