GoPro (GPRO) said it expects third-quarter 2026 net revenue of approximately $96 million, compared with $163 million in the prior-year quarter, while it works to complete its financial close procedures.
The company filed a notification of late filing for its quarterly Form 10-Q and said its third-quarter earnings Form 8-K will also be delayed. GoPro cited accounting and valuation work related to financing arrangements and ongoing lender-waiver discussions.
- Expected Q3 2026 net revenue: approximately $96 million, versus $163 million a year earlier.
- Expected gross margin: approximately 12.7%, compared with 35.1% in Q3 2025.
- Expected operating expenses: approximately $60 million, compared with $73 million in Q3 2025.
- GoPro said its financial statements will continue to reflect substantial doubt about its ability to continue as a going concern for the next 12 months.
- The preliminary results remain under review and are subject to change.
$GPRO Insider Trading Activity
$GPRO insiders have traded $GPRO stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $GPRO stock by insiders over the last 6 months:
- JASON CHRISTOPHER STEPHEN (SVP, General Counsel) sold 16,894 shares for an estimated $18,752
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GPRO Hedge Fund Activity
We have seen 73 institutional investors add shares of $GPRO stock to their portfolio, and 64 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 6,886,405 shares (+278.5%) to their portfolio in Q2 2026, for an estimated $5,357,623
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 4,391,572 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,416,643
- YORKVILLE ADVISORS GLOBAL, LP added 2,887,253 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,246,282
- ACADIAN ASSET MANAGEMENT LLC removed 2,832,368 shares (-48.9%) from their portfolio in Q3 2026, for an estimated $3,653,754
- UBS GROUP AG removed 2,296,982 shares (-68.1%) from their portfolio in Q3 2026, for an estimated $2,963,106
- PRENTICE CAPITAL MANAGEMENT, LP removed 1,897,870 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,476,542
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 1,572,124 shares (-26.4%) from their portfolio in Q2 2026, for an estimated $1,223,112
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
