GoPro's Q4 net loss narrows on operating expenses reduction

GoPro

05/03/2026 21:30

Overview

Camera maker's Q4 revenue was flat yr/yr,

GAAP net loss was $9 million, narrowing from a net loss of $37 million in the prior-year quarter

Adjusted EPS for Q4 missed analyst expectations

In 2025, company improved cash flow from operations by $104 mln yr/yr

Outlook

GoPro plans to launch GP3 processor in Q2 2026

Company aims to expand market with GP3-powered cameras

GoPro expects GP3 launch to strengthen financial performance

Result Drivers

CAMERA UNIT DECLINE - Sell-through of camera units fell 19% yr/yr, impacting overall revenue

SUBSCRIBER DECLINE - Subscription and service revenue fell 3% yr/yr due to a 7% drop in subscriber count

GP3 PROCESSOR LAUNCH - Upcoming launch of AI-enabled GP3 processor expected to enhance camera lineup and market position

Company press release: ID:nPn6nWMqba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$201.7 mln
Q4 Adjusted EPS
Miss
-$0.02
$0.04 (1 Analyst)
Q4 Net Income
-$9.10 mln
Q4 Adjusted EBITDA
$784,000
Q4 Gross Profit
$64.19 mln
Q4 Operating Expenses
$72.43 mln
Q4 Operating Income
-$8.24 mln
Q4 Pretax Profit
-$10.80 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the household electronics peer group is "buy"

Wall Street's median 12-month price target for GoPro Inc is $1.39, about 28.2% above its March 4 closing price of $1.08

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)