☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March31, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ________________ to ________________ GOPRO, INC. (Exact name of registrant as specified in its charter) Delaware 77-0629474 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 3025 Clearview Way 94402 (Zip Code) (650) 332-7600 (Registrant’s telephone number, including area code)Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredClass A common stock, $0.0001 par valueGPRONASDAQ Global Select Market Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.YesNo☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).YesNo☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Accelerated filerSmaller reporting companyEmerging growth company☐ Large accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☑ As of April30, 2026, 144,724,434 and 26,258,546 shares of Class A and Class B common stock were outstanding, respectively. GoPro, Inc. Index PART I. FINANCIAL INFORMATION Financial Statements (unaudited)Condensed Consolidated Balance SheetsCondensed Consolidated Statements of OperationsCondensed Consolidated Statements of Cash FlowsCondensed Consolidated Statements of Stockholders’ EquityNotes to Condensed Consolidated Financial StatementsManagement’s Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures About Market RiskControls and Procedures Item 1. PART II. OTHER INFORMATION Item 1.Item 1A.Item 2.Item 3.Item 4.Item 5.Item 6. Legal ProceedingsRisk FactorsUnregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity SecuritiesDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationExhibitsSignatures Special note regarding forward-looking statements This Quarterly Report on Form 10-Q of GoPro, Inc. (GoPro or we or the Company) includes forward-looking statementswithin the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements ofhistorical fact, including statements regarding guidance, industry prospects, product and marketing plans, or future resultsof operations or financial position, made in this Quarterly Report on Form 10-Q are forward-looking. To identify forward-looking statements, we use words such as “expect,” “anticipate,” “believe,” “may,” “will,” “estimate,” “intend,” “target,”“goal,” “plan,” “likely,” “potentially,” or variations of such words and similar expressions. Readers are cautioned not to placeundue reliance on these forward-looking statements, which speak only as of their date. If any of management'sassumptions prove incorrect or should unanticipated circumstances arise, the Company's actual results could materiallydiffer from those anticipated by such forward-looking statements. The differences could be caused by a number of factorsor combination of factors including, but not limited to, those factors identified and detailed in Part I, Item 1A. Risk Factorsof the Annual Report on Form 10-K for the year ended December31, 2025 and in Part II, Item 1A. Risk Factors of thisQuarterly Report on Form 10-Q for the three months ended March 31, 2026. Forward-looking statements include, but arenot limited to, statements regarding our ability to achieve or sustain revenue growth or profitability; substantial doubt aboutour ability to continue as a going concern; our plans to improve product offerings, including expansion into defense andaerospace markets; projections of results of operations, researc