earnings
confidence high
sentiment negative
materiality 0.80
GoPro Q2 revenue falls 31% to $105M, net loss widens to $51M
GoPro, Inc.
- Revenue $105M (-31% YoY); camera sell-through 291K units (-38% YoY).
- GAAP net loss $51M ($0.30/share) vs $16M loss ($0.10) prior year; Non-GAAP loss $36M ($0.21).
- Subscription & service revenue $29M (+11% YoY), 28% of revenue; attach rate record 69% vs 54% prior year.
- Adjusted EBITDA -$29M vs -$6M prior year; GAAP gross margin 30.2% vs 35.8% (incl. $19M tariff refunds, $15M component charge).
- Board authorized potential sale/strategic review in May; MISSION 1 camera series launched.