Quarterly ResultAug 10, 2026, 04:29 PM
GoPro Q2 Revenue $105M, Net Loss $(51)M, EPS $(0.30)
AI Summary
GoPro, Inc. announced its second quarter 2026 financial results, reporting a significant decline in revenue and a widened net loss. Total revenue fell 31% year-over-year to $105 million, and the GAAP net loss increased to $(51) million. Despite the overall financial downturn, subscription and service revenue grew 11% to $29 million, and the subscriber attach rate hit a record 69%. The company also highlighted the launch of its new MISSION 1 Series cameras and the ongoing strategic review process to maximize shareholder value.
Key Highlights
- Total revenue was $105 million, a 31% decrease year-over-year.
- Subscription and service revenue increased 11% year-over-year to $29 million.
- GAAP net loss was $(51) million, or $(0.30) per share, compared to $(16) million in Q2 2025.
- Adjusted EBITDA was negative $(29) million, compared to negative $(6) million in the prior year.
- GAAP gross margin was 30.2%, down from 35.8% in the prior year quarter.
- Subscriber attach rate reached a record 69%, up from 54% in Q2 2025.
- Board of Directors authorized a process to evaluate a potential sale of the company.
- Launched new MISSION 1 Series of cameras globally.
Price Impact
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