The company's financial foundation has deteriorated significantly, with total assets falling to $381.4M and equity turning negative at -$1.9M by 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 |
|---|
| Total Current Assets | 207.29M | 252.57M | 339.25M | 482.59M | 606.03M | 781.86M | 556.68M | 535.98M | 474.07M | 573.69M | 587.81M | 833.24M | 823.04M | 358.04M | 198.82M |
| Cash & Short-Term Investments | 40.72M | 49.67M | 102.81M | 246.57M | 367.34M | 538.92M | 325.65M | 165.15M | 197.51M | 247.39M | 217.95M | 474.06M | 422.26M | 101.41M | 36.48M |
| Cash Only | 40.72M | 49.67M | 102.81M | 222.71M | 223.74M | 401.09M | 325.65M | 150.3M | 152.09M | 202.5M | 192.11M | 279.67M | 319.93M | 101.41M | 36.48M |
| Short-Term Investments | 0 | 0 | 0 | 23.87M | 143.6M | 137.83M | 0 | 14.85M | 45.42M | 44.89M | 25.84M | 194.39M | 102.33M | 0 | 0 |
| Accounts Receivable | 61.86M | 93.51M | 85.94M | 91.45M | 77.01M | 114.22M | 107.24M | 200.63M | 129.22M | 112.94M | 164.55M | 145.69M | 183.99M | 122.67M | 80.2M |
| Days Sales Outstanding | 48.3 | 52.39 | 39.14 | 33.2 | 25.7 | 35.91 | 43.89 | 61.3 | 41.07 | 34.94 | 50.66 | 32.83 | 48.17 | 45.42 | 55.65 |
| Inventory | 72.2M | 78.43M | 120.72M | 106.27M | 127.13M | 86.41M | 97.91M | 144.24M | 116.46M | 150.55M | 167.19M | 188.23M | 153.03M | 111.99M | 60.41M |
| Days Inventory Outstanding | 66.8 | 66.21 | 83.11 | 56.88 | 67.57 | 46.11 | 61.89 | 67.33 | 54.02 | 69.1 | 84.34 | 72.57 | 72.82 | 65.51 | 73.86 |
| Other Current Assets | 32.51M | 30.95M | 29.77M | 38.3M | 0 | 0 | 2M | 0 | 30.89M | 62.81M | 38.12M | 0 | 59.86M | 16.09M | 8.51M |
| Total Non-Current Assets | 174.06M | 175.41M | 204.43M | 485.36M | 470.9M | 478.02M | 214.72M | 256.83M | 224.29M | 276.56M | 334.83M | 269.73M | 94.65M | 81.63M | 47.85M |
| Property, Plant & Equipment | 18.35M | 17.04M | 23.1M | 27.41M | 35.15M | 46.32M | 55.27M | 89.66M | 46.57M | 68.59M | 76.51M | 70.05M | 41.56M | 32.11M | 22.44M |
| Fixed Asset Turnover | 32.44x | 38.23x | 34.70x | 36.68x | 31.11x | 25.06x | 16.14x | 13.32x | 24.66x | 17.20x | 15.49x | 23.13x | 33.55x | 30.70x | 23.44x |
| Goodwill | 133.75M | 133.75M | 152.35M | 146.46M | 146.46M | 146.46M | 146.46M | 146.46M | 146.46M | 146.46M | 146.46M | 57.09M | 14.1M | 14.1M | 4.23M |
| Intangible Assets | 3.61M | 0 | 5.95M | 15K | 15K | 62K | 1.21M | 5.25M | 13.06M | 24.5M | 33.53M | 31.03M | 2.94M | 3.27M | 4.22M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -945K | -825K | 50.63M | -41.94M | -8.61M | 5.04M | 3.3M |
| Other Non-Current Assets | 18.35M | 24.62M | 22.27M | 14.49M | 10.23M | 10.75M | 10.8M | 14.6M | 18.2M | 37.01M | 27.59M | 111.56M | 36.06M | 26.38M | 13.11M |
| Total Assets | 381.36M | 427.98M | 543.68M | 967.95M | 1.08B | 1.26B | 771.4M | 792.8M | 698.36M | 850.25M | 922.64M | 1.1B | 917.69M | 439.67M | 246.66M |
| Asset Turnover | 1.38x | 1.52x | 1.47x | 1.04x | 1.02x | 0.92x | 1.16x | 1.51x | 1.64x | 1.39x | 1.28x | 1.47x | 1.52x | 2.24x | 2.13x |
| Asset Growth % | -78.57% | -21.28% | -43.83% | -10.12% | -14.52% | 63.32% | -2.7% | 13.52% | -17.86% | -7.85% | -16.35% | 20.19% | 108.72% | 78.25% | - |
| Total Current Liabilities | 356.86M | 277.17M | 356.27M | 279.09M | 275.93M | 474.83M | 262.69M | 327.05M | 299.5M | 370.53M | 430.74M | 295.18M | 258.77M | 300.59M | 129.2M |
| Accounts Payable | 91.37M | 97.01M | 85.94M | 102.61M | 91.65M | 171.54M | 111.4M | 160.69M | 148.48M | 138.26M | 205.03M | 89.99M | 126.24M | 126.42M | 53.75M |
| Days Payables Outstanding | 68.51 | 81.89 | 59.16 | 54.93 | 48.71 | 91.54 | 70.42 | 75.02 | 68.87 | 63.46 | 103.43 | 34.69 | 60.08 | 73.95 | 65.71 |
| Short-Term Debt | 82.27M | 31.67M | 93.21M | 0 | 0 | 122.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60.3M | 15.78M |
| Deferred Revenue (Current) | 186.29M | 52.64M | 58.11M | 57.85M | 59.28M | 45.27M | 28.15M | 15.47M | 15.13M | 19.24M | 18.77M | 12.74M | 18.93M | 9.1M | 8.75M |
| Other Current Liabilities | 78.01M | 95.86M | 18.57M | 33.24M | 29.09M | 28.29M | 20.23M | 37.41M | 35.98M | 33.65M | 125.92M | 129.12M | 72.93M | 77.33M | 4.09M |
| Current Ratio | 0.58x | 0.91x | 0.95x | 1.73x | 2.20x | 1.65x | 2.12x | 1.64x | 1.58x | 1.55x | 1.36x | 2.82x | 3.18x | 1.19x | 1.54x |
| Quick Ratio | 0.38x | 0.63x | 0.61x | 1.35x | 1.74x | 1.46x | 1.75x | 1.20x | 1.19x | 1.14x | 0.98x | 2.19x | 2.59x | 0.82x | 1.07x |
| Cash Conversion Cycle | 46.59 | 36.7 | 63.08 | 35.15 | 44.56 | -9.53 | 35.36 | 53.62 | 26.22 | 40.58 | 31.58 | 70.7 | 60.92 | 36.98 | 63.8 |
| Total Non-Current Liabilities | 26.36M | 74.26M | 35.72M | 133.01M | 189.44M | 169.13M | 292.69M | 232.22M | 186.75M | 181.01M | 44.96M | 35.77M | 17.72M | 144.44M | 197.21M |
| Long-Term Debt | 0 | 44.32M | 0 | 92.61M | 141.02M | 111.29M | 218.17M | 148.81M | 138.99M | 130.05M | 0 | 0 | 0 | 53.31M | 113.61M |
| Capital Lease Obligations | 38.3M | 7.33M | 18.07M | 25.53M | 33.45M | 43.02M | 51.99M | 62.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 19.96M | 22.61M | 17.66M | 14.87M | 14.97M | 14.82M | 22.53M | 20.45M | 47.76M | 50.96M | 44.96M | 35.77M | 17.72M | 91.13M | 83.59M |
| Total Liabilities | 383.22M | 351.43M | 391.99M | 412.11M | 465.37M | 643.97M | 555.38M | 559.27M | 486.25M | 551.54M | 475.69M | 330.94M | 276.49M | 445.04M | 326.41M |
| Total Debt | 88.67M | 83.32M | 122.21M | 128.66M | 184.02M | 286.52M | 279.53M | 220.87M | 138.99M | 130.05M | 0 | 0 | 0 | 113.61M | 129.4M |
| Net Debt | 47.95M | 33.64M | 19.4M | -94.05M | -39.72M | -114.56M | -46.13M | 70.57M | -13.1M | -72.46M | -192.11M | -279.67M | -319.93M | 12.2M | 92.91M |
| Debt / Equity | -47.44x | 1.09x | 0.81x | 0.23x | 0.30x | 0.47x | 1.29x | 0.95x | 0.66x | 0.44x | - | - | - | - | - |
| Debt / EBITDA | -0.99x | - | - | - | 3.47x | 2.23x | - | 9.23x | - | - | - | - | - | 1.03x | 2.25x |
| Net Debt / EBITDA | -0.53x | - | - | - | -0.75x | -0.89x | - | 2.95x | - | - | - | -3.34x | -1.56x | 0.11x | 1.61x |
| Interest Coverage | -27.14x | -7.13x | -38.98x | -13.41x | 6.52x | 4.93x | -2.06x | 0.01x | -4.76x | -11.91x | -125.39x | 34.39x | - | 16.40x | - |
| Total Equity | -1.87M | 76.55M | 151.69M | 555.85M | 611.56M | 615.91M | 216.02M | 233.53M | 212.11M | 298.7M | 446.94M | 772.03M | 641.2M | -5.37M | -79.74M |
| Equity Growth % | -254.46% | -49.53% | -72.71% | -9.11% | -0.71% | 185.12% | -7.5% | 10.1% | -28.99% | -33.17% | -42.11% | 20.4% | 12049.39% | 93.27% | - |
| Book Value per Share | -0.01 | 0.48 | 0.99 | 3.62 | 3.43 | 3.77 | 1.45 | 1.61 | 1.52 | 2.16 | 3.21 | 5.27 | 5.19 | -0.04 | -0.61 |
| Total Shareholders' Equity | -1.87M | 76.55M | 151.69M | 555.85M | 611.56M | 615.91M | 216.02M | 233.53M | 212.11M | 298.7M | 446.94M | 772.03M | 641.2M | -5.37M | -79.74M |
| Common Stock | 1.05B | 1.04B | 1.03B | 998.37M | 960.9M | 1.01B | 980.15M | 930.88M | 894.75M | 854.45M | 757.23M | 663.31M | 533M | 8K | 8K |
| Retained Earnings | -855.91M | -775.09M | -681.61M | -249.3M | -196.11M | -279.35M | -650.52M | -583.73M | -569.03M | -442.13M | -274.67M | 144.34M | 108.2M | -19.88M | -80.22M |
| Treasury Stock | -193.23M | -193.23M | -193.23M | -193.23M | -153.23M | -113.61M | -113.61M | -113.61M | -113.61M | -113.61M | -35.61M | -35.61M | 0 | 0 | -471K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -123.38M | -114.61M | -82.39M | -50.24M | -29.8M | -14.41M | -3.49M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Liquidity and solvency risk
As reported in recent financial statements, GoPro's total assets have plummeted from $968.0M in 2023Q4 to $381.4M by 2026Q1, signaling a severe contraction in the company's resource base that reflects the ongoing challenges in maintaining its market position within the competitive consumer electronics landscape.
The consistent decline in total assets alongside a shift to negative equity suggests that the company is consuming its capital base to fund ongoing operational losses. Investors should monitor whether this trajectory indicates a permanent impairment of the business model or merely a temporary phase of aggressive restructuring.
Based on the latest quarterly data, the current ratio has deteriorated to 0.58 in 2026Q1, down from 1.73 in 2023Q4, indicating that the company's ability to cover short-term obligations with liquid assets has become increasingly constrained as cash reserves dwindle to approximately $40.7M.
A current ratio below 1.0 suggests that the company may face significant difficulty meeting its near-term liabilities without external financing or further asset liquidation. This liquidity profile appears to leave little room for error, particularly given the volatility inherent in the consumer hardware sales cycle.
According to the provided balance sheet figures, equity has shifted from a positive $555.8M in 2023Q4 to a negative $1.9M in 2026Q1, primarily driven by the accumulation of massive retained earnings losses that now total over $855.9M as of the most recent quarter.
The transition to negative equity is a critical indicator of sustained value destruction that warrants further investigation into the company's long-term solvency. This trend suggests that the business has been unable to generate sufficient returns to offset its operational overhead, effectively exhausting the capital provided by shareholders.
As disclosed in recent filings, the company carries $133.8M in goodwill, which represents a significant portion of its $381.4M total assets, raising concerns that these intangible assets may be subject to future impairment charges if the current revenue contraction persists and profitability remains elusive.
The presence of substantial goodwill on a balance sheet with negative equity suggests that the carrying value of past acquisitions may no longer be supported by the company's current earnings power. Investors should consider the risk that a future write-down could further weaken the already strained capital structure.
Quick answers to the most common questions about buying GPRO stock.
As of 2025, GoPro, Inc. (GPRO) had total assets of $428.0M including $252.6M in current assets.
GoPro, Inc. (GPRO) carries total debt of $83.3M, offset by $49.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
GoPro, Inc. (GPRO) has total shareholders' equity (book value) of $76.5M ($0.48 book value per share). Book value represents the net worth of the company belonging to common stock holders.
GoPro, Inc. (GPRO) reported a current ratio of 0.91x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.