secwatch.observer — SEC 8-K summary
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Issuer:     GoPro, Inc. (GPRO)
CIK:        0001500435
Form:       8-K
Filed at:   2026-05-11T20:16:40+00:00
Accession:  0001500435-26-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500435/000150043526000015/0001500435-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500435/000150043526000015/gpro-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001500435-26-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer