NASDAQ$GPRO
GoPro Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Announced second quarter 2023 results, with revenue exceeding guidance and subscriber growth surpassing expectations.
GoPro's Q2 2023 revenue was $241 million, exceeding guidance by 10% but down 4% year-over-year. The company saw subscriber growth of 27% year-over-year, reaching 2.44 million subscribers. However, GAAP net loss was $17 million, a decrease from the previous year's net income of $3 million.
- Revenue reached $241 million, exceeding guidance by 10% but down 4% year-over-year.
- GoPro subscriber count grew 27% year-over-year to approximately 2.44 million.
- Retail channel revenue increased 6% year-over-year to $165 million, while GoPro.com revenue decreased 21% year-over-year to $76 million.
- GAAP net loss was $17 million, down from a net income of $3 million in the prior year period.
Headline financials
Revenue & EPS history
GoPro · Revenue · Quarterly
$241M
Revenue by segment
GoPro · $241M total across 2 segments · Q2 2023
- Retail Channel$165M—68.5%
- GoPro.com$76M—31.5%
Forward guidance
Details on GoPro’s Q2 performance and outlook for Q3 and the rest of the year can be found in the management commentary posted in the investor relations section of their website.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2023
-2.7%
Avg return
Earnings day
-3.9%
Avg return
5 days after
-3.4%
Avg return
30 days after
40%
21 / 52 earnings
Positive
+23.5%
Q3 2020
Best reaction
-23.9%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.9% | -18.2% | — | |
| Q4 2025 | -23.1% | -24.0% | -23.2% | |
| Q3 2025 | -11.2% | -3.5% | +7.6% | |
| Q1 2025 | -1.2% | -1.3% | +37.2% | |
| Q4 2024 | -16.8% | -25.8% | -31.9% | |
| Q3 2024 | +9.0% | +0.0% | -13.2% | |
| Q2 2024 | -12.1% | -9.1% | -4.5% | |
| Q1 2024 | -10.5% | -16.8% | -22.5% | |
| Q4 2023 | -13.7% | -13.7% | -21.4% | |
| Q3 2023 | +15.3% | +11.3% | +29.2% | |
| Q2 2023 | -7.6% | -5.2% | -9.5% | |
| Q1 2023 | -6.5% | -9.6% | -1.6% | |
| Q4 2022 | -9.7% | -9.5% | -14.8% | |
| Q3 2022 | -5.9% | +1.1% | +6.1% | |
| Q2 2022 | -2.7% | -2.4% | -12.5% | |
| Q1 2022 | -23.9% | -30.9% | -27.4% | |
| Q4 2021 | -3.1% | +1.7% | -9.2% | |
| Q3 2021 | +6.4% | +9.9% | +9.8% | |
| Q2 2021 | +2.1% | +15.0% | +0.3% | |
| Q1 2021 | +2.0% | -7.8% | +4.2% | |
| Q4 2020 | -20.1% | -21.6% | -23.0% | |
| Q3 2020 | +23.5% | +8.9% | +34.2% | |
| Q2 2020 | -11.7% | -17.6% | -26.5% | |
| Q1 2020 | +6.0% | +4.6% | +49.5% | |
| Q4 2019 | -4.6% | -6.0% | -10.8% | |
| Q3 2019 | +6.1% | +2.7% | -6.3% | |
| Q2 2019 | -17.0% | -18.7% | -26.8% | |
| Q1 2019 | +1.1% | +16.4% | -7.9% | |
| Q4 2018 | +0.6% | +7.4% | +17.4% | |
| Q3 2018 | -17.2% | -13.9% | -22.7% | |
| Q2 2018 | +15.2% | +8.3% | +4.7% | |
| Q1 2018 | +9.7% | +14.3% | +10.7% | |
| Q4 2017 | +1.5% | +2.9% | +1.6% | |
| Q3 2017 | -8.1% | -14.6% | -18.4% | |
| Q2 2017 | +22.7% | +31.0% | +12.1% | |
| Q1 2017 | -9.7% | -5.0% | -8.1% | |
| Q4 2016 | -9.4% | -11.6% | -16.4% | |
| Q3 2016 | -13.1% | -15.4% | -24.5% | |
| Q2 2016 | +15.0% | +14.3% | +30.0% | |
| Q1 2016 | -8.2% | — | — | |
| Q4 2015 | -4.5% | — | — | |
| Q3 2015 | -9.2% | — | — | |
| Q2 2015 | +1.4% | — | — | |
| Q1 2014 | +6.5% | — | — | |
| Q1 2015 | +17.2% | — | — | |
| Q4 2012 | -2.7% | — | — | |
| Q4 2014 | -9.2% | — | — | |
| Q3 2013 | -10.0% | — | — | |
| Q3 2014 | +13.6% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q2 2014 | -11.5% | — | — | |
| Q1 2013 | — | — | — | |
| Q3 2012 | — | — | — |
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