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GoPro (GPRO) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 11, 2025

GoPro (GPRO) reported revenue of $153M for the second quarter 2025 (Q2 2025), -18% from a year earlier and +14% from the quarter before. Operating margin was -9.2%, net loss $16.4M (10.8% of revenue).

Revenue$153M
Year over year-18%
Quarter over quarter+14%
Operating margin-9.2%
Net earnings−$16.4M

GoPro, Q2 2025: revenue $153M (-18% year over year), operating margin -9.2%, net loss $16.4M, operating cash flow $8.8M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$153M+14%-18%
Operating profit−$14.0M——
Net earnings−$16.4M——
Operating cash flow$8.8M—14×
Free cash flow$8.3M——

What changed

Revenue was $152.6M in Q2 2025, down 18% year over year and up 14% from the previous quarter.

Gross margin was 35.8%, up 5.4 points from a year earlier. Operating costs exceeded revenue by $14.0M, an operating margin of -9.2%. Operating expenses fell 33% while revenue fell 18%. The quarter ended with a net loss of $16.4M, narrower than the previous quarter's $46.7M loss.

Operating cash flow was $8.8M (up 1347% year over year). Non-cash charges added back $1.7M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items added $18.4M. Capital expenditures of $478K left free cash flow of $8.3M.

Questions

What was GoPro's revenue in the second quarter 2025?

GoPro (GPRO) reported revenue of $153M for the second quarter 2025 (Q2 2025), -18% from a year earlier and +14% from the quarter before.

Was GoPro profitable in the second quarter 2025?

Operating loss was $14.0M (-9.2% of revenue) and net loss $16.4M.

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Source: GoPro 10-Q on SEC EDGAR.