GoPro annual gross margin
2012
2013
2014
2015
2016
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2018
2019
2020
2021
2022
2023
2024
2025
GoPro Gross Margin Growth & History (GPRO)
GoPro's gross margin was 33.64% for fiscal 2025.
View full GoPro company overviewGoPro annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 33.64% | −0.21 pp |
| 2024 | 2024-12-31 | 33.85% | +1.67 pp |
| 2023 | 2023-12-31 | 32.18% | −5.02 pp |
| 2022 | 2022-12-31 | 37.20% | −3.89 pp |
| 2021 | 2021-12-31 | 41.09% | +5.83 pp |
| 2020 | 2020-12-31 | 35.26% | +0.71 pp |
| 2019 | 2019-12-31 | 34.55% | +3.08 pp |
| 2018 | 2018-12-31 | 31.47% | −1.12 pp |
| 2017 | 2017-12-31 | 32.59% | −6.37 pp |
| 2016 | 2016-12-31 | 38.96% | −2.59 pp |
| 2015 | 2015-12-31 | 41.56% | −3.43 pp |
| 2014 | 2014-12-31 | 44.99% | +8.29 pp |
| 2013 | 2013-12-31 | 36.70% | −6.55 pp |
| 2012 | 2012-12-31 | 43.25% | — |
GoPro quarterly gross margin
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Q3.13
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Q3.15
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Q1.16
Q2.16
Q3.16
Q4.16
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Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
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Q1.20
Q2.20
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Q4.20
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 30.17% | −5.64 pp |
| Q1 2026 | 2026-03-31 | 4.35% | −27.78 pp |
| Q4 2025 | 2025-12-31 | 31.83% | −2.87 pp |
| Q3 2025 | 2025-09-30 | 35.09% | −0.39 pp |
| Q2 2025 | 2025-06-30 | 35.81% | +5.36 pp |
| Q1 2025 | 2025-03-31 | 32.13% | −1.99 pp |
| Q4 2024 | 2024-12-31 | 34.70% | +0.48 pp |
| Q3 2024 | 2024-09-30 | 35.48% | +3.47 pp |
| Q2 2024 | 2024-06-30 | 30.45% | −0.99 pp |
| Q1 2024 | 2024-03-31 | 34.11% | +4.07 pp |
| Q4 2023 | 2023-12-31 | 34.22% | +1.73 pp |
| Q3 2023 | 2023-09-30 | 32.01% | −6.02 pp |
| Q2 2023 | 2023-06-30 | 31.44% | −6.86 pp |
| Q1 2023 | 2023-03-31 | 30.05% | −11.70 pp |
| Q4 2022 | 2022-12-31 | 32.49% | −8.69 pp |
| Q3 2022 | 2022-09-30 | 38.03% | −5.56 pp |
| Q2 2022 | 2022-06-30 | 38.30% | −1.48 pp |
| Q1 2022 | 2022-03-31 | 41.75% | +3.11 pp |
| Q4 2021 | 2021-12-31 | 41.18% | +3.14 pp |
| Q3 2021 | 2021-09-30 | 43.60% | +8.19 pp |
| Q2 2021 | 2021-06-30 | 39.78% | +9.47 pp |
| Q1 2021 | 2021-03-31 | 38.64% | +6.45 pp |
| Q4 2020 | 2020-12-31 | 38.04% | −0.16 pp |
| Q3 2020 | 2020-09-30 | 35.40% | +13.73 pp |
| Q2 2020 | 2020-06-30 | 30.31% | −4.63 pp |
| Q1 2020 | 2020-03-31 | 32.18% | −0.92 pp |
| Q4 2019 | 2019-12-31 | 38.20% | +0.54 pp |
| Q3 2019 | 2019-09-30 | 21.68% | −10.16 pp |
| Q2 2019 | 2019-06-30 | 34.94% | +5.45 pp |
| Q1 2019 | 2019-03-31 | 33.10% | +10.91 pp |
| Q4 2018 | 2018-12-31 | 37.66% | +13.83 pp |
| Q3 2018 | 2018-09-30 | 31.84% | −7.75 pp |
| Q2 2018 | 2018-06-30 | 29.49% | −6.13 pp |
| Q1 2018 | 2018-03-31 | 22.20% | −9.17 pp |
| Q4 2017 | 2017-12-31 | 23.83% | −15.41 pp |
| Q3 2017 | 2017-09-30 | 39.58% | −0.77 pp |
| Q2 2017 | 2017-06-30 | 35.62% | −6.51 pp |
| Q1 2017 | 2017-03-31 | 31.36% | −1.17 pp |
| Q4 2016 | 2016-12-31 | 39.24% | +9.80 pp |
| Q3 2016 | 2016-09-30 | 40.35% | −6.27 pp |
| Q2 2016 | 2016-06-30 | 42.13% | −4.15 pp |
| Q1 2016 | 2016-03-31 | 32.54% | −12.56 pp |
| Q4 2015 | 2015-12-31 | 29.43% | −18.49 pp |
| Q3 2015 | 2015-09-30 | 46.62% | +2.31 pp |
| Q2 2015 | 2015-06-30 | 46.28% | +4.23 pp |
| Q1 2015 | 2015-03-31 | 45.09% | +4.15 pp |
| Q4 2014 | 2014-12-31 | 47.93% | +14.61 pp |
| Q3 2014 | 2014-09-30 | 44.30% | +12.21 pp |
| Q2 2014 | 2014-06-30 | 42.06% | — |
| Q1 2014 | 2014-03-31 | 40.95% | — |
| Q3 2013 | 2013-09-30 | 33.31% | — |
| Q2 2013 | 2013-06-30 | 32.10% | — |
GoPro gross margin trends
Over the last five reported fiscal years, GoPro's gross margin decreased from 35.26% to 33.64%, a change of −1.62 percentage points. The latest reported quarter, Q2 2026, shows 30.17%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review GoPro filings at SEC.gov ↗