GoPro Inc ( (GPRO) ) has released its Q3 earnings. Here is a breakdown of the information GoPro Inc presented to its investors.
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GoPro Inc., a leading company in the digital imaging sector, is renowned for its innovative cameras and accessories that enable users to capture and share immersive experiences. In its latest earnings report, GoPro announced a revenue of $163 million for the third quarter of 2025, alongside a $12 million cash flow from operations, marking a significant improvement from the previous year.
The company introduced three new hardware products: the MAX2 360 camera, LIT HERO camera, and Fluid Pro AI gimbal, which are expected to expand its total addressable market. Despite a 37% decline in revenue year-over-year, GoPro maintained a gross margin of 35.2%, aligning with its guidance. The company also reported a net loss of $21 million, reflecting a challenging market environment.
Key financial metrics revealed a decrease in camera unit sell-through by 18% and a 3% drop in subscription and service revenue. Retail channel revenue fell by 41%, while GoPro.com revenue decreased by 22%. The company also experienced a decline in its subscriber count, ending the quarter with 2.42 million subscribers.
Looking ahead, GoPro’s management remains optimistic about returning to revenue growth and profitability by the fourth quarter of 2025 and into 2026. The company’s strategic focus on product diversification and market expansion is expected to drive future performance improvements.