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GoPro GPRO Contract Liabilities and Refund Liability

Contract Liabilities and Refund Liability at other companies

Inter Parfums logo
Inter ParfumsIPAR
$12.2M+13.0%
FIGS logo
FIGSFIGS
$3.96M+6.9%
GoPro logo
GoProGPRO
$1.93M-53.2%
FitLife Brands, Inc. logo
FitLife Brands, Inc.FTLF
$830K+44.6%
New England Realty Associates logo
New England Realty AssociatesNEN
$11.8M+15.6%
Open Lending Corporation logo
Open Lending CorporationLPRO
$20.51M+17.5%

Other financials

Income statement

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Revenue$99.1M-26.2%
Gross profit$4.3M-90.0%
Operating income-$57.2M-26.6%
Net income-$80.8M-73.0%
EPS (diluted)-$0.50-66.7%

Balance sheet

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Cash & equivalents$25.2M-7.7%
Total debt$88.7M-39.4%
Total equity-$1.9M-102%
Total assets$381.4M-17.5%

Cash flow

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Operating cash flow-$36.6M+36.0%
CapEx$1.0M-20.1%
Free cash flow-$37.7M+35.6%

Valuation

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Market cap$124.56M-2.2%
Enterprise value$188.03M-19.1%
P/S0.2×0.0×

Profitability

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Gross margin29.3%-4.2pp
Operating margin-15.5%-1.8pp
Net margin-20.7%+3.8pp
FCF margin-11.3%

Returns & leverage

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Return on equity-81.9%-20.3pp
Debt / equity1.4×0.0×
Current ratio0.6×-0.3×

Where this comes from

Reported directly by GoPro in its filing.

Tagged under the XBRL concept us-gaap:CustomerRefundLiabilityCurrent.

The official record: GoPro’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GoPro's contract liabilities and refund liability?
GoPro (GPRO) reported contract liabilities and refund liability of $1.93M in Q1 2026.
How has GoPro's contract liabilities and refund liability changed year-over-year?
GoPro's contract liabilities and refund liability decreased by 53.2% year-over-year, from $4.12M to $1.93M.
What is the long-term trend for GoPro's contract liabilities and refund liability?
Over 5 years (2020 to 2025), GoPro's contract liabilities and refund liability has grown at a -21.2% compound annual growth rate (CAGR), from $10.82M to $3.29M.
What does contract liabilities and refund liability mean?
This represents the company's obligation to provide goods or services to customers for which payment has already been received, alongside estimated liabilities for potential product returns. It serves as a proxy for deferred revenue and customer satisfaction risk. High levels may indicate significant future performance obligations or potential quality issues.