GoPro Q1 revenue falls 26%, launches high-end MISSION 1 cameras, explores defense market opportunities

GoPro reported Q1 2026 revenue of $99 million, down 26% year-over-year, with a net loss of $81 million. Despite declining sales and subscriber numbers, GoPro launched its new MISSION 1 Series cameras targeting the high-end digital imaging market and is exploring opportunities in defense and aerospace sectors. The company is also reviewing strategic alternatives, including potential mergers or sales, to unlock shareholder value. These moves signal GoPro's shift towards professional imaging and diversification beyond consumer cameras.