GoPro Inc. (GPRO) Releases Q1 2026 Earnings: Revenue Plunge, Large Net Loss

GoPro Inc. (GPRO) reported first-quarter 2026 results. Highlights included:

Revenue: $99.1 million (down 26.2% year-over-year)

Gross profit: $4.3 million (down 90.0% year-over-year)

Cost of sales: $94.8 million (up 4.0% year-over-year)

Operating loss: -$57.2 million (improved 26.6% year-over-year)

Net loss attributable to common shareholders: -$80.8 million (improved 73.0% year-over-year)

Balance sheet and cash flow items:

Cash and cash equivalents: $40.7 million (down 41.5% year-over-year)

Cash from operating activities: -$36.6 million (down 36.0% year-over-year)

Purchases of property, plant and equipment: -$1.0 million (down 20.1% year-over-year)

Total liabilities: $383.2 million (up 8.7% year-over-year)

Per-share and analyst comparison:

Diluted EPS: -$0.50 (improved 66.7% year-over-year)

Consensus EPS estimate: -$0.04

Key takeaways:

Revenue and gross margin contracted sharply, driving a sizable net loss despite year-over-year improvements in operating and net loss percentages.

Operating cash flow remained negative and cash reserves declined materially, increasing pressure on liquidity.

Liabilities rose modestly, while capital spending stayed low, indicating restrained investment amid the pullback in sales.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

GoPro Inc. Insider Trading Activity

GoPro Inc. insiders have traded $GPRO stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $GPRO stock by insiders over the last 6 months:

BRIAN MCGEE (EVP, CFO and COO) has made 0 purchases and 2 sales selling 64,088 shares for an estimated $54,326.
JASON CHRISTOPHER STEPHEN (SVP, General Counsel) has made 0 purchases and 2 sales selling 31,404 shares for an estimated $43,865.

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.

GoPro Inc. Hedge Fund Activity

We have seen 55 institutional investors add shares of GoPro Inc. stock to their portfolio, and 65 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

POINT72 ASSET MANAGEMENT, L.P. added 3,731,069 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,260,807
UBS GROUP AG removed 2,412,359 shares (-63.8%) from their portfolio in Q1 2026, for an estimated $1,857,516
MILLENNIUM MANAGEMENT LLC added 1,815,637 shares (+111.9%) to their portfolio in Q4 2025, for an estimated $2,560,048
ALLIANZ ASSET MANAGEMENT GMBH added 1,250,745 shares (+117.7%) to their portfolio in Q4 2025, for an estimated $1,763,550
TWO SIGMA ADVISERS, LP removed 1,187,200 shares (-96.2%) from their portfolio in Q4 2025, for an estimated $1,673,952
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 1,013,494 shares (+16.2%) to their portfolio in Q4 2025, for an estimated $1,429,026
GSA CAPITAL PARTNERS LLP added 884,085 shares (+1441.6%) to their portfolio in Q4 2025, for an estimated $1,246,559

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.