Filing Flows › GoPro (GPRO) › Q4 2024
GoPro (GPRO) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
GoPro (GPRO) reported revenue of $201M for the fourth quarter 2024 (Q4 2024), -32% from a year earlier and -22% from the quarter before. Operating margin was -19.5%, net loss $37.2M (18.5% of revenue).
GoPro, Q4 2024: revenue $201M (-32% year over year), operating margin -19.5%, net loss $37.2M, operating cash flow −$25.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $201M | -22% | -32% |
| Operating profit | −$39.1M | — | — |
| Net earnings | −$37.2M | — | — |
| Operating cash flow | −$25.1M | — | — |
What changed
Revenue was $200.9M in Q4 2024, down 32% year over year and down 22% from the previous quarter.
Gross margin was 34.7%, up 0.5 points from a year earlier. Operating costs exceeded revenue by $39.1M, an operating margin of -19.5%. Operating expenses fell 2% while revenue fell 32%. The fastest-growing cost line was Research & development (+14%). The quarter ended with a net loss of $37.2M, wider than the previous quarter's $8.2M loss.
Operating cash flow was −$25.1M. Non-cash charges added back $1.8M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items added $5.1M. Capital expenditures of $416K exceeded it, leaving free cash flow of −$25.5M.
Questions
What was GoPro's revenue in the fourth quarter 2024?
GoPro (GPRO) reported revenue of $201M for the fourth quarter 2024 (Q4 2024), -32% from a year earlier and -22% from the quarter before.
Was GoPro profitable in the fourth quarter 2024?
Operating loss was $39.1M (-19.5% of revenue) and net loss $37.2M.
Source: GoPro 10-K on SEC EDGAR.