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GoPro Inc

gopro.com

GoPro Inc (NASDAQ: GPRO) is a consumer electronics company that designs and sells action cameras, accessories, and related software subscriptions. Revenue comes from two streams: hardware sales, which accounted for $545.3 million (83.7% of total revenue) in FY2025, and subscription and services, which contributed $106.3 million (16.3%) in FY2025, for total revenue of $651.5 million. Hardware is sold through retail channels (74.0% of FY2025 revenue) and directly via GoPro.com (26.0%). The company shipped 1.826 million camera units in FY2025 at an average selling price of $357, down from 2.431 million units at $330 in FY2024. GoPro competes directly against enhanced smartphone camera capabilities from Apple, Google, and Samsung, as well as dedicated camera makers such as Insta360. The company does not manufacture internally, relying on contract manufacturers located in China, Japan, Malaysia, Taiwan, Thailand, Vietnam, and elsewhere.

Products & Services

Core products include HERO-series action cameras (HERO13 Black, HERO12 Black, HERO11 Black). Accessories include the Fluid Pro AI gimbal (launched 2025), and camera Mods such as the Ultra Wide Lens Mod, Macro Lens Mod, ND Filter 4-Pack, Anamorphic Lens Mod, Media Mod, Light Mod, and Display Mod. Software offerings include the Quik mobile app. The company also markets tech-enabled helmets as a product focus area.

Revenue Model

Hardware sales (transactional, through retail and GoPro.com) plus a recurring subscription and services segment. Hardware was $545.3 million (83.7% of revenue) and subscription and services was $106.3 million (16.3% of revenue) in FY2025. Retail channels generated $481.9 million (74.0%) and GoPro.com generated $169.6 million (26.0%) in FY2025.

Customers & Markets

End customers are consumers using cameras for action sports, outdoor activities, and content creation. Distribution is split between third-party retail accounts and direct-to-consumer via GoPro.com. No single customer concentration figures are disclosed in the excerpts.

Geographic Exposure

Americas: $383.5 million (58.9% of FY2025 revenue). EMEA: $190.8 million (29.3%). APAC: $77.3 million (11.8%). All figures for the year ended December 31, 2025.

Financial Snapshot

Revenue
TTM
$568.6M
Gross Margin
TTM
25.36%
Net Income
TTM
-$162.2M
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
56.57%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
-$32.67M
Cash
2026 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$23.26M

Stock Price

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Market Cap: $112.11 Million

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