NASDAQ$GPRO
GoPro Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Achieved GAAP and non-GAAP profitability with revenue up 109% sequentially.
GoPro achieved GAAP and non-GAAP profitability in Q3 2020, generating $100 million in operating cash flow and surpassing 500,000 subscribers. Revenue for Q3 2020 was $281 million, a 109% sequential improvement from $134 million in Q2 2020.
- GoPro achieved GAAP and non-GAAP profitability in Q3 2020.
- Generated $100 million of operating cash flow.
- Surpassed 500,000 subscribers, up 35% sequentially and 65% year-over-year.
- GoPro.com achieved a record $81 million in revenue, up 37% sequentially.
Headline financials
Revenue & EPS history
GoPro · Revenue · Quarterly
$281M
Revenue by segment
GoPro · $319M total across 3 segments · Q3 2023
- Retail Channel$231M—72.4%
- GoPro.com$63M—19.7%
- Subscription & Services$25M—7.8%
Forward guidance
GoPro anticipates planned growth and increased profitability in the fourth quarter of 2020 and beyond.
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 Q3 2020
-2.7%
Avg return
Earnings day
-3.9%
Avg return
5 days after
-4.4%
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% | -42.4% | |
| 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% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q2 2014 | -11.5% | — | — | |
| Q1 2013 | — | — | — | |
| Q3 2012 | — | — | — |
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