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Logo NEWS RELEASE GoPro Announces Second Quarter 2021 Results 8/5/2021 Revenue up 86 % Year - over - Year to $ 250 Million GoPro.com Revenue up 48 % Year - over - Year to $ 88 Million GoPro Subscribers up 211 % Year - over - Year to 1,160,000 Profitable on a GAAP and non - GAAP Basis of $ 0.10 and $ 0.12 per Share SAN MATEO , Calif . , Aug. 5 , 2021 / PRNewswire / -- GoPro , Inc. ( NASDAQ : GPRO ) today announced financial results for its second quarter ended June 30 , 2021 and posted management commentary on its investor relations website at https://investor.gopro.com . " GoPro's subscription - centric strategy delivered a stellar Q2 with improved margins and 86 % year - over - year revenue growth , " said Nicholas Woodman , GoPro's founder and CEO . " As a result of this better - than expected momentum , we are increasing our revenue , margin and earnings outlook for the second half and 2021 , which is detailed in the management commentary posted on our investor relations website . " " In Q2 , strong execution further revealed the benefits of the strategic shifts we've made in our business to a more direct - to - consumer , subscription - centric model , " said Brian McGee , GoPro's CFO and COO . " We believe the changes to our business will continue to result in a more predictable and profitable GoPro . " GoPro Q2 2021 Financial Results Revenue for Q2 2021 was $ 250 million , compared to $ 134 million in Q2 2020 , up 86 % year - over - year . • GAAP and non - GAAP gross margin for Q2 2021 was 39.8 % and 40.1 % , respectively , up 950 and 850 basis points , respectively , year - over - year . • Q2 2021 GAAP net income was $ 17 million , or $ 0.10 per share , compared to a net loss of $ 51 million or ( $ 0.34 ) per share in Q2 2020. Non - GAAP net income was $ 20 million , or $ 0.12 per share , compared to a net ● 1