---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-039297"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2026-06-01T13:12:22+00:00"
generated_at: "2026-06-01T13:13:14.330556+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# GoPro refiles financials with going-concern warning; potential defaults on debt

## Summary
- Auditor PwC includes explanatory paragraph on substantial doubt about GoPro's ability to continue as a going concern.
- Net loss of $93.5M in 2025; revenue down to $652M from $801M in 2024.
- Potential defaults under $50M credit facilities and $50M convertible debentures due to cross-default provisions.
- Active discussions with lenders Farallon, Wells Fargo, and YA II PN.
- Anticipates non-compliance with restrictive covenants; may seek waivers or additional financing.

## SEC filing metadata
- accession: 0001628280-26-039297
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2026-06-01T13:12:22+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000162828026039297/0001628280-26-039297-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000162828026039297/gpro-20260601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-039297
- JSON: https://secwatch.observer/filing/0001628280-26-039297.json
- Plain text: https://secwatch.observer/filing/0001628280-26-039297.txt

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