GoPro warns of potential bankruptcy amid declining sales and rising memory costs
By
Hillary K. Grigonis
Summary
GoPro is facing potential bankruptcy according to new SEC filings, which express "substantial doubt" about the company's ability to continue operations. The action camera manufacturer is dealing with declining sales, a massive increase in memory costs (80-110%), and significant net losses ($93.5M in 2025, $432.3M in 2024). The company is also considering a potential sale as it struggles to return to profitability within the next 12 months.
Source
Key quotes
· 3 pulledsubstantial doubt about the Company's ability to continue
80% to 110% increase in memory
$93.5 million net loss for 2025 and $432.3 million in 2024
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