GoPro to restate financial reports after debt accounting errors
GPRO•GoPro will restate its 2025 annual results and three quarterly reports after material accounting errors involving warrants and convertible debentures. The errors affect net losses but not revenue, operating losses or operating cash flows.
1. Restatement planned
GoPro’s audit committee concluded on October 9, 2026, that the affected financial statements should no longer be relied upon. The company identified a material weakness that rendered its financial reporting controls ineffective and said it will submit amended filings to the SEC as soon as reasonably practicable.
