GoPro Q2 revenue falls 18%

GoPro

11/08/2025 21:16

Overview

GoPro Q2 revenue falls 18% yr/yr, adjusted EPS misses analyst expectations

Company improves gross margin to 36.0% from 30.7% yr/yr

Adjusted EBITDA improves 83% yr/yr, reflecting successful cost-cutting measures

Outlook

GoPro expects Q4 2025 revenue growth and profitability restoration

Company plans diversified product launches in H2 2025

GoPro sees AI program as potential revenue opportunity

Company anticipates improved profitability starting in Q4 2025

Result Drivers

COST REDUCTION - GoPro attributes improved gross margin and reduced operating expenses to initiatives started in 2024, per CFO Brian McGee

FLAT SUBSCRIPTION REVENUE - Subscription and service revenue remained flat year-over-year at $26 mln, with subscriber count down 3%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$152.64 mln
Q2 Adjusted EPS
Miss
-$0.08
-$0.06 (1 Analyst)
Q2 Net Income
-$16.42 mln
Q2 Adjusted EBITDA
-$5.69 mln
Q2 Gross Profit
$54.66 mln
Q2 Operating Expenses
$68.67 mln
Q2 Operating Income
-$14.01 mln
Q2 Pretax Profit
-$15.11 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 "hold"

Wall Street's median 12-month price target for GoPro Inc is $0.99, about 43.1% below its August 8 closing price of $1.41

Press Release: ID:nPn73VZdXa

(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.)