GoPro (GPRO) investor relations material

Company overview and business model

• Designs and sells cameras, mounts, accessories, and software for immersive content capture and sharing, with global distribution through retailers, distributors, and direct online sales.

• Offers a range of hardware (HERO, MAX, LIT HERO), accessories, and AI-driven features, with a focus on innovation and expanding into new camera categories and services.

• Subscription services provide cloud storage, camera replacement, editing tools, and live streaming, aiming to create a seamless user experience and recurring revenue.

• Launched an AI Training program in 2025, enabling subscribers to monetize their content for AI model training.

• Operates a dual-class share structure, with Class B shares holding 10 votes per share, concentrating voting power with the CEO.

Financial performance and metrics

• Stock price has experienced significant volatility, ranging from $6.46 in Q1 2023 to $0.48 in Q2 2025.

• Recognized an $18.6 million goodwill impairment charge in Q1 2025 due to a decline in fair value.

• As of December 31, 2025, 136,056,130 shares of Class A and 26,258,546 shares of Class B common stock were outstanding.

Use of proceeds and capital allocation

• Will not receive any proceeds from the resale of shares by the selling stockholder; all proceeds go to the selling stockholder.

• Responsible for registration-related fees and expenses.