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GoPro NEWS RELEASE GoPro Announces First Quarter 2021 Results 5/6/2021 Revenue of $ 204 Million up 71 % Year - over - Year GoPro.com Revenue Increased 224 % Year - over - Year to $ 82 Million , Capturing 40 % of Revenue Launched Quik App Subscription for Smartphone Users GoPro Subscription Surpassed One Million Subscribers in April SAN MATEO , Calif . , May 6 , 2021 / PRNewswire / -- GoPro , Inc. ( NASDAQ : GPRO ) today announced financial results for its first quarter ended March 31 , 2021 and posted management commentary on its investor relations website at https://investor.gopro.com . " This is the new GoPro . We've evolved from a hardware unit - sales - centric business to a successful direct - to consumer subscription - centric business with a significant opportunity to grow margin and profitability with continued subscriber growth , " said Nicholas Woodman , GoPro's founder and CEO . " The value - creation implications of this shift are meaningful . " " GoPro fired on all cylinders during the first quarter of 2021. Strong revenue growth globally , a continued shift to higher - end cameras , and subscription growth drove record ASP's that resulted in expanded gross margins and operating results in the quarter , " said Brian McGee , GoPro's CFO and COO . GoPro Q1 2021 Financial Results ● Revenue for Q1 2021 was $ 204 million , compared to $ 119 million in Q1 2020 , up 71 % year - over - year . 1