Filing Flows › GoPro (GPRO) › Q1 2025
GoPro (GPRO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
GoPro (GPRO) reported revenue of $134M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -33% from the quarter before. Operating margin was -33.7%, net loss $46.7M (34.8% of revenue).
GoPro, Q1 2025: revenue $134M (-14% year over year), operating margin -33.7%, net loss $46.7M, operating cash flow −$57.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $134M | -33% | -14% |
| Operating profit | −$45.2M | — | — |
| Net earnings | −$46.7M | — | — |
| Operating cash flow | −$57.2M | — | — |
What changed
Revenue was $134.3M in Q1 2025, down 14% year over year and down 33% from the previous quarter.
Gross margin was 32.1%, down 2.0 points from a year earlier. Operating costs exceeded revenue by $45.2M, an operating margin of -33.7%. Operating expenses fell 6% while revenue fell 14%. The fastest-growing cost line was General & admin (+15%). The quarter ended with a net loss of $46.7M, wider than the previous quarter's $37.2M loss.
Operating cash flow was −$57.2M. Non-cash charges added back $1.7M of depreciation and amortization and $5.4M of share-based compensation. Working capital and other items used $17.6M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$58.5M.
Questions
What was GoPro's revenue in the first quarter 2025?
GoPro (GPRO) reported revenue of $134M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -33% from the quarter before.
Was GoPro profitable in the first quarter 2025?
Operating loss was $45.2M (-33.7% of revenue) and net loss $46.7M.
Source: GoPro 10-Q on SEC EDGAR.