GoPro Has Trouble Sustaining Its Growth


On Wednesday evening, GoPro, the maker of portable action cameras that went public in 2014, released a statement saying it was cutting about 7 percent of its workforce. While officially labeled as a reallocation of resources, it’s hard not to read something into it, when the company announces its first-ever quarterly sales decline at the same time.

Looking at GoPro’s revenue growth since 2010, it appears as if the company is having trouble sustaining its growth. While it’s normal for growth rates to come down after a period of massive growth, the drop off in GoPro’s rate of revenue growth is rather steep. The company’s stock has been under pressure since autumn, when the company had (twice) slashed the price of the ultra-compact HERO4 Session camera just months after its July launch.

Infographic: GoPro Has Trouble Sustaining Its Growth | Statista
Related Infographics
  • GoPro
    Can a Camera Drone Help GoPro Return to Previous Heights?

    This chart shows the stock price and revenue growth of action camera maker GoPro.

  • iPhone
    Other Ways To Spend Your AirPod Budget

    This chart shows the cost of selected items compared to Apple's AirPods.

  • IPOs
    Underpriced or Overhyped?

    This chart shows first-day stock price gains of tech companies that went public in 2014 and 2015.

  • GoPro Is Growing at Breakneck Speed

    This chart shows illustrates the revenue growth of action sports camera maker GoPro since 2012.

  • Investment Banking
    More and More Startups Reach the Billion-Dollar Milestone

    This chart illustrates the rise in the number of privately held companies valued at $1 billion or above.

You may also be interested in...
Infographic Newsletter

Statista offers daily infographics about trending topics covering Media and Society.

Download & Reference

More statistics about...
Show more
You may also be interested in...
Who may use the "Chart of the Day"?
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista.

Which topics are covered by the "Chart of the Day"?
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.

Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific Charts of the Day, please contact Robin Hüdepohl