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GoPro Inc (GPRO)
NASDAQ:GPRO
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.12Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but constructive picture: operational and cost discipline resulted in meaningful expense reductions, inventory drawdown, improved cash flow and a sizable improvement in adjusted EBITDA. Simultaneously, the company faces notable near-term headwinds — a Q4 revenue miss, substantial margin pressure from tariffs and rising memory costs (expected ~500 bps drag), an anticipated subscriber count decline, and reliance on financing and credit facilities. Product and technology developments (GP3, new cameras, AI licensing) and IP wins are strong strategic positives that could drive future revenue and margin improvement, but near-term macro and component cost risks temper optimism.Company Guidance
Significant Operating Expense Reduction
Operating expenses decreased by $93 million from $354M to $261M, a 26% reduction year-over-year, driven by prior restructuring and continued expense management initiatives.
Improved Cash Flow and Adjusted EBITDA
Cash flow from operations improved by $104 million year-over-year (cash used in operations of $21M in 2025 vs $125M used in 2024). Adjusted EBITDA improved from negative $72M in 2024 to negative $29M in 2025 (a $43M improvement). Q4 2025 generated positive adjusted EBITDA of $1M and positive operating cash flow of $16M (a $41M YoY improvement for the quarter).
Product & Technology Momentum (GP3 and New Devices)
Announced GP3, a next-generation 5nm processor with >2x pixel processing vs GP2, dedicated AI NPU, and internal testing showing 40%–90% longer run times vs competition. New hardware launches in 2025 included MAX2 (8K 360 camera), LIT HERO (compact action camera), and Fluid Pro AI gimbal; GP3-based cameras expected to launch in Q2 and positioned as a key growth catalyst.
AI Content Licensing Program Progress
AI training/licensing program launched earlier (Q3 2025) shows strong subscriber engagement with more than 500,000 hours of uploaded content to date; company expects to recognize revenue from the program in Q1 and to make subscriber payouts later in the year, creating a new scalable high‑margin revenue stream.
Stable Revenue Mix and Higher ASP
Retail channel revenue was $482M (74% of revenue) and GoPro.com revenue was $170M (26% of revenue). Street ASP increased to $357, up 8% year-over-year. Subscription and service revenue remained flat at $106M (16% of revenue).
IP and Competitive Defense Win
U.S. International Trade Commission issued exclusion and cease-and-desist orders against Insta360, and PTAB upheld multiple HyperSmooth patents, strengthening GoPro's intellectual property protection; company states patent portfolio exceeds 1,500 U.S. patents.
Inventory and Channel Improvements
Inventory reduced by 35% year-over-year and channel inventory decreased by 30,000 units in Q4; sell-through in Q4 was at the midpoint of guidance at 625,000 camera units.
Liquidity and Funding Actions
Announced a $50M financing ($25M closed) and amended loan covenants; expect to end 2026 with approximately $50M (±$5M) in cash plus $35M available under ABL and $25M under recent financing, providing additional liquidity headroom.
GPRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GPRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | $1.00 | $0.76 | -24.00% |
Nov 06, 2025 | $1.70 | $1.53 | -10.00% |
Aug 11, 2025 | $1.31 | $1.26 | -3.82% |
May 12, 2025 | $0.61 | $0.60 | -2.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does GoPro Inc (GPRO) report earnings?
GoPro Inc (GPRO) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is GoPro Inc (GPRO) earnings time?
GoPro Inc (GPRO) earnings time is at Apr 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GPRO EPS forecast?
GPRO EPS forecast for the fiscal quarter 2026 (Q1) is -0.04.