earnings
confidence high
sentiment negative
materiality 0.85
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.