GoPro (NASDAQ:GPRO) Releases Earnings Results, Misses Expectations By $0.23 EPS

Posted by George Bondi on Aug 12th, 2026

GoPro (NASDAQ:GPRO – Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.23), FiscalAI reports. GoPro had a negative net margin of 28.52% and a negative return on equity of 243.59%. The company had revenue of $104.93 million for the quarter, compared to analysts’ expectations of $151.47 million.

Here are the key takeaways from GoPro’s conference call:

GoPro is in the later stages of evaluating a potential sale and other strategic alternatives, with interest reportedly coming from defense, consumer, and financial-sector parties. Management said the process is intended to maximize shareholder value but provided no further details.
GoPro launched its MISSION 1 and MISSION 1 PRO cameras in Q2 and plans to release the interchangeable-lens MISSION 1 PRO ILS in September. Management highlighted strong reviews, customer enthusiasm, expanding retail distribution, and the potential to grow its prosumer and professional-market share.
The GoPro Subscription attach rate reached a record 69%, up from 54% in the year-ago quarter, while retention remained 67%. Management emphasized that subscriptions provide high-margin recurring revenue and deepen customer relationships.
GoPro continues expanding its ecosystem with new MISSION accessories, a Mission Monitor app, MAX2 firmware enhancements, and a technology-enabled AGV motorcycle helmet that has achieved ECE 22.06 safety compliance.
The company declined to provide additional financial guidance for the second half of 2026, citing the ongoing strategic review. Management said awareness-building and completing global retail distribution remain important to returning camera sell-through to positive territory.

GoPro Stock Performance

Shares of GPRO stock opened at $0.62 on Wednesday. The company has a market capitalization of $107.26 million, a price-to-earnings ratio of -0.63 and a beta of 2.42. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.38 and a current ratio of 0.58. GoPro has a one year low of $0.59 and a one year high of $3.05. The company’s 50-day moving average is $0.75 and its 200 day moving average is $0.92.

Analysts Set New Price Targets

Several research analysts have recently issued reports on GPRO shares. Wall Street Zen lowered GoPro from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded GoPro from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on GoPro

Insider Transactions at GoPro

In other news, COO Brian Mcgee sold 130,631 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $0.97, for a total value of $126,712.07. Following the transaction, the chief operating officer owned 947,123 shares in the company, valued at approximately $918,709.31. This represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 18.06% of the company’s stock.

Institutional Trading of GoPro

Institutional investors have recently added to or reduced their stakes in the business. Jefferies Financial Group Inc. purchased a new position in shares of GoPro in the third quarter worth $27,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of GoPro by 1,295,800.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 12,959 shares of the company’s stock valued at $27,000 after acquiring an additional 12,958 shares during the last quarter. Kestra Private Wealth Services LLC bought a new stake in shares of GoPro in the third quarter worth approximately $32,000. Scientech Research LLC purchased a new position in shares of GoPro during the third quarter valued at approximately $36,000. Finally, Sender Co & Partners Inc. bought a new position in GoPro during the third quarter valued at approximately $55,000. 70.09% of the stock is currently owned by hedge funds and other institutional investors.

About GoPro

(Get Free Report)

GoPro, Inc (NASDAQ: GPRO) is an American technology company specializing in the design and manufacture of compact, high-definition cameras and related accessories. Headquartered in San Mateo, California, GoPro’s product lineup is centered on its flagship HERO series of action cameras, which combine rugged construction, waterproof housings and advanced imaging capabilities. In addition to the HERO line, the company offers the MAX camera for 360-degree video capture, along with an array of mounts, grips and protective cases to support use in extreme sports, travel and professional video production.

Since its founding in 2002 by Nicholas Woodman, who continues to serve as chief executive officer, GoPro has expanded beyond hardware into software and cloud-based services.