GoPro, Inc. (GPRO) Income Statement
GPRO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGPRO revenue and net income
Where GPRO's revenue goes
2025Each bar shows an amount and its share of revenue. GPRO kept −14.3% of revenue as net income.
GPRO profit margins
GPRO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −18.7% | −15.9% | −6.1% | −8.7% |
| Gross profit | −19.2% | −18.6% | −7.0% | −10.6% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GPRO quarterly EPS vs estimates
GoPro beat the analyst EPS estimate in 2 of the last 7 quarters. Next report: November 5, 2026 (estimate $-0.17).
GPRO income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $651.5M | $801.5M | $1.01B | $1.09B | $1.16B | $891.9M | $1.19B | $1.15B | $1.18B | $1.19B |
| Cost of revenue | $432.4M | $530.2M | $681.9M | $686.7M | $684.0M | $577.4M | $781.9M | $786.9M | $795.2M | $723.6M |
| Gross profit | $219.2M | $271.3M | $323.6M | $406.8M | $477.1M | $314.5M | $412.8M | $361.4M | $384.5M | $461.9M |
| Research & development | $126.8M | $185.9M | $165.7M | $139.9M | $141.5M | $131.6M | $142.9M | $167.3M | $229.3M | $358.9M |
| Sales, general & admin | $157.1M | $220.4M | $233.3M | $228.0M | $222.4M | $219.7M | $271.7M | $288.1M | $318.7M | $449.5M |
| Total operating expenses | $279.3M | $406.3M | $399.0M | $367.9M | $363.9M | $351.3M | $415.1M | $455.4M | $548.0M | $808.4M |
| Operating income | −$60.2M | −$135.0M | −$75.5M | $39.0M | $113.2M | −$36.8M | −$2.3M | −$94.0M | −$163.5M | −$373.0M |
| Interest income | — | — | — | — | — | — | $19.2M | $18.7M | $13.7M | — |
| Interest expense | $8.5M | $3.3M | $4.7M | $6.2M | $22.9M | $20.3M | $19.2M | $18.7M | $13.7M | $3.0M |
| Income before taxes | −$91.4M | −$133.1M | −$67.7M | $34.5M | $90.1M | −$62.0M | −$19.1M | −$107.7M | −$176.4M | −$375.2M |
| Income taxes | $2.0M | $299.2M | −$14.6M | $5.6M | −$281.1M | $4.8M | −$4.4M | $1.4M | $6.5M | $43.8M |
| Net income | −$93.5M | −$432.3M | −$53.2M | $28.8M | $371.2M | −$66.8M | −$14.6M | −$109.0M | −$182.9M | −$419.0M |
| EBITDA | −$75.9M | −$123.3M | −$75.5M | $49.3M | $124.0M | −$22.6M | $26.4M | −$53.9M | −$121.2M | −$333.5M |
| EPS (diluted) | −$0.31 | −$0.59 | −$0.19 | $0.48 | $0.90 | $0.05 | $0.24 | −$0.23 | −$0.68 | −$1.46 |
| Gross margin | 33.6% | 33.8% | 32.2% | 37.2% | 41.1% | 35.3% | 34.6% | 31.5% | 32.6% | 39.0% |
| Operating margin | −9.2% | −16.8% | −7.5% | 3.6% | 9.8% | −4.1% | −0.2% | −8.2% | −13.9% | −31.5% |
| Net margin | −14.3% | −53.9% | −5.3% | 2.6% | 32.0% | −7.5% | −1.2% | −9.5% | −15.5% | −35.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $104.9M | $99.1M | $201.7M | $162.9M | $152.6M | $134.3M | $200.9M | $258.9M | $186.2M | $155.5M | $295.4M | $294.3M |
| Cost of revenue | $73.3M | $94.8M | $137.5M | $105.8M | $98.0M | $91.2M | $131.2M | $167.1M | $129.5M | $102.4M | $194.3M | $200.1M |
| Gross profit | $31.7M | $4.3M | $64.2M | $57.2M | $54.7M | $43.1M | $69.7M | $91.8M | $56.7M | $53.0M | $101.1M | $94.2M |
| Research & development | $29.6M | $28.4M | $32.1M | $34.6M | $30.5M | $29.6M | $50.0M | $44.3M | $46.9M | $44.6M | $43.9M | $41.7M |
| Sales, general & admin | $41.0M | $33.1M | $40.1M | $38.4M | $38.2M | $38.5M | $54.8M | $55.5M | $54.9M | $48.0M | $65.6M | $56.3M |
| Total operating expenses | $70.6M | $61.6M | $72.3M | $73.1M | $68.7M | $88.4M | $108.8M | $99.9M | $103.2M | $94.5M | $110.5M | $98.0M |
| Operating income | −$39.0M | −$57.2M | −$8.1M | −$15.9M | −$14.0M | −$45.2M | −$39.1M | −$8.0M | −$46.5M | −$41.4M | −$9.4M | −$3.8M |
| Interest expense | $6.4M | $4.1M | $3.5M | $2.7M | $1.4M | $797,000 | $1.1M | $808,000 | $790,000 | $674,000 | $1.2M | $1.2M |
| Income before taxes | −$50.2M | −$79.0M | −$10.8M | −$20.5M | −$15.1M | −$45.1M | −$39.6M | −$6.1M | −$46.5M | −$40.9M | −$5.4M | −$3.0M |
| Income taxes | $796,000 | $1.8M | −$1.7M | $771,000 | $1.3M | $1.7M | −$2.4M | $2.1M | $1.3M | $298.2M | −$3.0M | $689,000 |
| Net income | −$51.0M | −$80.8M | −$9.1M | −$21.3M | −$16.4M | −$46.7M | −$37.2M | −$8.2M | −$47.8M | −$339.1M | −$2.4M | −$3.7M |
| EBITDA | −$42.0M | −$81.3M | −$5.4M | −$16.0M | −$12.0M | −$42.5M | −$36.8M | −$3.5M | −$44.1M | −$38.9M | −$3.0M | −$380,000 |
| EPS (diluted) | −$0.23 | −$0.50 | −$0.02 | −$0.09 | −$0.08 | −$0.12 | −$0.09 | −$0.05 | −$0.24 | −$0.21 | $0.02 | $0.04 |
| Gross margin | 30.2% | 4.3% | 31.8% | 35.1% | 35.8% | 32.1% | 34.7% | 35.5% | 30.5% | 34.1% | 34.2% | 32.0% |
| Operating margin | −37.1% | −57.8% | −4.0% | −9.8% | −9.2% | −33.7% | −19.5% | −3.1% | −25.0% | −26.6% | −3.2% | −1.3% |
| Net margin | −48.6% | −81.6% | −4.5% | −13.0% | −10.8% | −34.8% | −18.5% | −3.2% | −25.7% | −218.1% | −0.8% | −1.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GPRO's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GPRO financial results
In fiscal year 2025 (ended December 31, 2025), GoPro reported revenue of $651.5 million, down 18.7% from the year before. It had a net loss of $93.5 million, a net profit margin of −14.3%. Diluted earnings per share came to −$0.31. Over five years revenue grew at an average rate of −6.1% a year.
See the GPRO stock overview for the latest quote and news, or the GPRO chart for price history and technical indicators.
GPRO income statement FAQ
What is GoPro's annual revenue?
GoPro reported total revenue of $651.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 18.7% from $801.5 million the previous year.
Is GoPro profitable?
No. GoPro reported a net loss of $93.5 million in fiscal 2025, a net profit margin of −14.3%; its operating margin was −9.2%.
What is GoPro's gross margin?
GoPro's gross margin was 33.6% in fiscal 2025: for every $100 of revenue, GoPro kept $34 after the direct cost of its products and services.
How much does GoPro spend on research and development?
GoPro spent $126.8 million on research and development in fiscal 2025, 19.5% of revenue.
How fast is GoPro growing?
Revenue grew −6.1% a year on average over the last five fiscal years, from $891.9 million to $651.5 million.
What are GoPro's earnings per share?
GoPro earned $-0.31 per diluted share in fiscal 2025, compared with $-0.59 a year earlier.
When will GoPro report its next earnings?
GoPro is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does GoPro's fiscal year end?
GoPro's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.