GoPro Files Going Concern Warning, Eyes Sale or Merger

GoPro has formally disclosed to investors that 'substantial doubt' exists about its ability to continue operating, pointing to memory cost spikes of up to 115% and weaker-than-expected sales through early 2026. The company is exploring a sale or merger, potential moves into defense and aerospace, and asset sales, while having already cut 23% of its workforce. No bankruptcy filing has begun, but GoPro says outcomes depend on factors outside its control.