Investor Presentaiton
APPENDIX: GAAP TO NON-GAAP RECONCILIATIONS
GoPro
($ in thousands)
GAAP gross margin
Stock-based compensation
Acquisition-related costs
Restructuring and other costs
Non-GAAP gross margin
GAAP operating expenses
Stock-based compensation
Restructuring and other costs
Non-GAAP operating expenses
Q2 2021
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
39.8%
38.6%
38.0%
35.4%
30.3%
32.2%
38.2%
21.7%
Q2 2019
34.9%
0.2
0.2
0.1
0.2
0.2
0.4
0.1
0.3
0.2
0.1
0.4
0.2
0.3
0.8
1.6
0.3
1.4
0.7
0.3
0.3
40.1%
39.2%
38.3%
36.2%
31.6%
34.2%
38.6%
23.4%
35.8%
$ 89,780
(9,521)
(856)
$ 82,208
(8,440)
(783)
$ 80,728
$ 90,458
$ 85,606
(7,664)
(58)
$ 79,403
$ 72,985
$ 73,006
(8,073)
(14,277)
$ 68,108
(5,544)
(11,015)
$ 94,541
(7,134)
60
$ 105,725
(6,609)
(29)
$ 99,630
(9,321)
$ 69,047
$ 87,467
$ 99,087
$ 90,309
$ 109,132
(10,084)
(1,793)
$ 97,255
GAAP operating income (loss)
$
9,502
$
(3,512)
Stock-based compensation
10,029
8,869
Acquisition-related costs
288
723
$ 55,355
8,037
723
$
8,854
8,413
$ (44,914)
5,876
Restructuring and other costs
905
833
69
964
15,215
1,024
$ (56,114)
7,637
1,887
$ 96,100
7,028
1,864
$ (71,198)
$ (6,947)
9,769
1,863
10,606
2,009
11,351
(64)
29
1,864
Non-GAAP operating income (loss) $ 20,724
$
6,913
$ 64,184
$ 33,446
$ (26,663)
$ (46,654)
$ 105,021
$ (59,566)
$
7,532
Confidential information. Copyright © 2021. GoPro, Inc. All rights reserved.
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