GPRO · Gopro, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $651.54M | $801.47M | $1.01B | $1.09B | $1.16B | $891.92M |
| Cost of Revenue | $432.38M | $530.18M | $681.89M | $686.71M | $683.98M | $577.41M |
| Gross Profit | $219.17M | $271.30M | $323.57M | $406.83M | $477.11M | $314.51M |
| R&D | $126.80M | $185.90M | $165.69M | $139.88M | $141.49M | $131.59M |
| SG&A | $56.35M | $59.80M | $63.77M | $61.02M | $65.70M | $68.36M |
| Total Operating Expenses | $302.51M | $406.33M | $399.04M | $367.87M | $363.89M | $351.33M |
| D&A | $7.07M | $6.49M | $6.16M | $8.57M | $10.96M | $19.07M |
| Operating Income | ($83.34M) | ($135.03M) | ($75.46M) | $38.95M | $113.22M | ($36.82M) |
| Interest Expense | - | $3.33M | $4.70M | $6.24M | $22.94M | $20.26M |
| Income Tax | $2.04M | $299.22M | ($14.55M) | $5.61M | ($281.07M) | $4.83M |
| Net Income | ($93.49M) | ($432.31M) | ($53.18M) | $28.85M | $371.17M | ($66.78M) |
| EPS - Basic | - | ($2.82) | ($0.35) | $0.18 | ($0.45) | - |
| EPS - Diluted | ($0.59) | ($2.82) | ($0.35) | $0.18 | ($0.45) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $49.67M | $102.81M | $222.71M | $223.74M | $401.09M | $325.65M |
| Accounts Receivable | $93.51M | $85.94M | $91.45M | $77.01M | $114.22M | $107.24M |
| Inventory | $78.43M | $120.72M | $106.27M | $127.13M | $86.41M | $97.91M |
| Accounts Payable | $97.01M | $85.94M | $102.61M | $91.65M | $171.54M | $111.40M |
| Current Assets | $252.57M | $339.25M | $482.59M | $606.03M | $781.86M | $556.68M |
| Total Assets | $427.98M | $543.68M | $967.95M | $1.08B | $1.26B | $771.40M |
| Current Liabilities | $277.17M | $356.27M | $279.09M | $275.93M | $474.83M | $262.69M |
| Long-term Debt | $44.32M | $0 | $92.61M | $141.02M | $111.29M | $218.17M |
| Total Liabilities | $351.43M | $391.99M | $412.11M | $465.37M | $643.97M | $555.38M |
| Stockholders' Equity | $76.55M | $151.69M | $555.85M | $611.56M | $615.91M | $216.02M |
| Retained Earnings | ($775.09M) | ($681.61M) | ($249.30M) | ($196.11M) | $47.10M | ($650.52M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($20.67M) | ($125.14M) | ($32.86M) | $5.75M | $229.15M | $93.78M |
| Investing Cash Flow | ($3.36M) | $7.65M | $121.90M | ($8.39M) | ($143.72M) | $9.51M |
| Financing Cash Flow | ($30.11M) | ($929.0K) | ($90.38M) | ($173.27M) | ($9.89M) | $71.98M |
| CapEx | $3.36M | $4.04M | $1.52M | $3.45M | $5.54M | $4.88M |
| Free Cash Flow | ($24.03M) | ($129.18M) | ($34.38M) | $2.30M | $223.61M | $88.90M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 33.6% | 33.8% | 32.2% | 37.2% | 41.1% | 35.3% |
| Operating margin | -12.8% | -16.8% | -7.5% | 3.6% | 9.8% | -4.1% |
| EBITDA margin | -11.7% | -16.0% | -6.9% | 4.3% | 10.7% | -2.0% |
| Net margin | -14.3% | -53.9% | -5.3% | 2.6% | 32.0% | -7.5% |
| Free cash flow margin | -3.7% | -16.1% | -3.4% | 0.2% | 19.3% | 10.0% |
| FCF / Net income | 0.26 | 0.30 | 0.65 | 0.08 | 0.60 | -1.33 |
| R&D / Revenue | 19.5% | 23.2% | 16.5% | 12.8% | 12.2% | 14.8% |
| SG&A / Revenue | 8.6% | 7.5% | 6.3% | 5.6% | 5.7% | 7.7% |
| Effective tax rate | - | - | - | 16.3% | -312.0% | - |
| Return on assets | -21.8% | -79.5% | -5.5% | 2.7% | 29.5% | -8.7% |
| Return on equity | -122.1% | -285.0% | -9.6% | 4.7% | 60.3% | -30.9% |
| Return on invested capital | -54.5% | -70.3% | -9.2% | 4.3% | 15.6% | -6.7% |
| Liquidity | ||||||
| Current ratio | 0.91 | 0.95 | 1.73 | 2.20 | 1.65 | 2.12 |
| Quick ratio | 0.63 | 0.61 | 1.35 | 1.74 | 1.46 | 1.75 |
| Cash ratio | 0.18 | 0.29 | 0.80 | 0.81 | 0.84 | 1.24 |
| Leverage | ||||||
| Debt / Equity | 0.58 | 0.00 | 0.17 | 0.23 | 0.18 | 1.01 |
| Debt / Assets | 0.10 | 0.00 | 0.10 | 0.13 | 0.09 | 0.28 |
| Debt / EBITDA | - | - | - | 2.97 | 0.90 | - |
| Interest coverage | - | -40.6x | -16.1x | 6.2x | 4.9x | -1.8x |
| Equity multiplier | 5.59 | 3.58 | 1.74 | 1.76 | 2.05 | 3.57 |
| Liabilities / Assets | 0.82 | 0.72 | 0.43 | 0.43 | 0.51 | 0.72 |
| Efficiency | ||||||
| Asset turnover | 1.52 | 1.47 | 1.04 | 1.02 | 0.92 | 1.16 |
| Inventory turnover | 5.51 | 4.39 | 6.42 | 5.40 | 7.92 | 5.90 |
| Days sales outstanding | 52d | 39d | 33d | 26d | 36d | 44d |
| Days inventory outstanding | 66d | 83d | 57d | 68d | 46d | 62d |
| Days payable outstanding | 82d | 59d | 55d | 49d | 92d | 70d |
| Cash conversion cycle | 37d | 63d | 35d | 45d | -10d | 35d |
| Valuation | ||||||
| P / E | - | - | - | 27.7x | - | - |
| P / B | 2.9x | 1.1x | 1.0x | 1.5x | 2.5x | - |
| P / S | 0.3x | 0.2x | 0.5x | 0.8x | 1.3x | - |
| EV / EBITDA | - | - | - | 16.9x | 10.0x | - |
| Growth | ||||||
| Revenue growth (YoY) | -18.7% | -20.3% | -8.1% | -5.8% | 30.2% | -25.3% |
| Revenue CAGR (3y) | -15.9% | -11.6% | 4.1% | -2.9% | 0.4% | -8.9% |
| Revenue CAGR (5y) | -6.1% | -7.7% | -2.6% | -1.5% | -0.4% | -11.3% |
| Gross profit growth (YoY) | -19.2% | -16.2% | -20.5% | -14.7% | 51.7% | -23.8% |
| Operating income growth (YoY) | 38.3% | -78.9% | - | -65.6% | - | -1478.2% |
| Net income growth (YoY) | 78.4% | -712.9% | - | -92.2% | - | -356.1% |
| EPS growth (YoY) | 79.1% | -705.7% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 81.4% | -275.7% | - | -99.0% | 151.5% | - |
| FCF CAGR (5y) | - | - | - | - | - | -3.5% |
| Book value growth (YoY) | -49.5% | -72.7% | -9.1% | -0.7% | 185.1% | -7.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$651.54M totalHardware$545.27M · 83.7%
Subscription And Services$106.28M · 16.3%
Geographic
$961.74M totalAmericas$383.48M · 39.9%
US$310.20M · 32.3%
EMEA$190.81M · 19.8%
Asia Pacific$77.25M · 8.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-0.57
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Photographic Equipment & Supplies
Comparing GoPro against the 5 most active filers in the same SIC group.