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Side-by-side financial comparison of GoPro, Inc. (GPRO) and IREN Ltd (IREN). Click either name above to swap in a different company.
GoPro, Inc. is the larger business by last-quarter revenue ($201.7M vs $184.7M, roughly 1.1× IREN Ltd). On growth, IREN Ltd posted the faster year-over-year revenue change (59.0% vs 0.4%). GoPro, Inc. produced more free cash flow last quarter ($15.0M vs $-468.0M).
GoPro, Inc. is an American technology company founded in 2002 by Nick Woodman. It manufactures action cameras and develops its own mobile apps and video-editing software. Founded as Woodman Labs, Inc, the company is based in San Mateo, California.
IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. It is strategically located in renewable-rich, fiber-connected regions across the US and Canada.
GPRO vs IREN — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $201.7M | $184.7M |
| Net Profit | — | $-155.4M |
| Gross Margin | 31.8% | 64.4% |
| Operating Margin | -4.1% | -63.0% |
| Net Margin | — | -84.1% |
| Revenue YoY | 0.4% | 59.0% |
| Net Profit YoY | — | -610.0% |
| EPS (diluted) | $-0.06 | $-0.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $201.7M | $184.7M | ||
| Q3 25 | $162.9M | $240.3M | ||
| Q2 25 | $152.6M | — | ||
| Q1 25 | $134.3M | — | ||
| Q4 24 | $200.9M | $116.1M | ||
| Q3 24 | $258.9M | $52.8M | ||
| Q2 24 | $186.2M | — | ||
| Q1 24 | $155.5M | $54.3M |
| Q4 25 | — | $-155.4M | ||
| Q3 25 | $-21.3M | $384.6M | ||
| Q2 25 | $-16.4M | — | ||
| Q1 25 | $-46.7M | — | ||
| Q4 24 | — | $-21.9M | ||
| Q3 24 | $-8.2M | $-51.7M | ||
| Q2 24 | $-47.8M | — | ||
| Q1 24 | $-339.1M | $8.6M |
| Q4 25 | 31.8% | 64.4% | ||
| Q3 25 | 35.1% | 66.4% | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 32.1% | — | ||
| Q4 24 | 34.7% | 72.2% | ||
| Q3 24 | 35.5% | 39.6% | ||
| Q2 24 | 30.5% | — | ||
| Q1 24 | 34.1% | — |
| Q4 25 | -4.1% | -63.0% | ||
| Q3 25 | -9.8% | -31.8% | ||
| Q2 25 | -9.2% | — | ||
| Q1 25 | -33.7% | — | ||
| Q4 24 | -19.5% | 14.9% | ||
| Q3 24 | -3.1% | -89.2% | ||
| Q2 24 | -25.0% | — | ||
| Q1 24 | -26.6% | 11.1% |
| Q4 25 | — | -84.1% | ||
| Q3 25 | -13.0% | 160.1% | ||
| Q2 25 | -10.8% | — | ||
| Q1 25 | -34.8% | — | ||
| Q4 24 | — | -18.8% | ||
| Q3 24 | -3.2% | -98.0% | ||
| Q2 24 | -25.7% | — | ||
| Q1 24 | -218.1% | 15.9% |
| Q4 25 | $-0.06 | $-0.52 | ||
| Q3 25 | $-0.13 | $1.08 | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $-0.30 | — | ||
| Q4 24 | $-0.22 | $-0.10 | ||
| Q3 24 | $-0.05 | $-0.27 | ||
| Q2 24 | $-0.31 | — | ||
| Q1 24 | $-2.24 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.7M | $3.3B |
| Total DebtLower is stronger | $44.3M | — |
| Stockholders' EquityBook value | $76.5M | $2.5B |
| Total Assets | $428.0M | $7.0B |
| Debt / EquityLower = less leverage | 0.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.7M | $3.3B | ||
| Q3 25 | $152.8M | $1.0B | ||
| Q2 25 | $58.6M | — | ||
| Q1 25 | $69.6M | — | ||
| Q4 24 | $102.8M | $427.3M | ||
| Q3 24 | $130.2M | $98.6M | ||
| Q2 24 | $133.0M | — | ||
| Q1 24 | $133.7M | $259.7M |
| Q4 25 | $44.3M | — | ||
| Q3 25 | $43.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $93.1M | — | ||
| Q2 24 | $92.9M | — | ||
| Q1 24 | $92.7M | — |
| Q4 25 | $76.5M | $2.5B | ||
| Q3 25 | $80.5M | $2.9B | ||
| Q2 25 | $97.9M | — | ||
| Q1 25 | $110.0M | — | ||
| Q4 24 | $151.7M | $1.2B | ||
| Q3 24 | $183.9M | $1.1B | ||
| Q2 24 | $184.7M | — | ||
| Q1 24 | $224.9M | $677.2M |
| Q4 25 | $428.0M | $7.0B | ||
| Q3 25 | $538.6M | $4.3B | ||
| Q2 25 | $439.0M | — | ||
| Q1 25 | $462.5M | — | ||
| Q4 24 | $543.7M | $1.9B | ||
| Q3 24 | $661.6M | $1.3B | ||
| Q2 24 | $556.8M | — | ||
| Q1 24 | $575.8M | $723.6M |
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.50× | — | ||
| Q1 24 | 0.41× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.6M | $71.7M |
| Free Cash FlowOCF − Capex | $15.0M | $-468.0M |
| FCF MarginFCF / Revenue | 7.4% | -253.4% |
| Capex IntensityCapex / Revenue | 0.3% | 292.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-24.0M | $-701.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $71.7M | ||
| Q3 25 | $12.2M | $142.4M | ||
| Q2 25 | $8.8M | — | ||
| Q1 25 | $-57.2M | — | ||
| Q4 24 | $-25.1M | $53.6M | ||
| Q3 24 | $-2.2M | $-3.9M | ||
| Q2 24 | $605.0K | — | ||
| Q1 24 | $-98.4M | $-27.1M |
| Q4 25 | $15.0M | $-468.0M | ||
| Q3 25 | $11.2M | $-38.0M | ||
| Q2 25 | $8.3M | — | ||
| Q1 25 | $-58.5M | — | ||
| Q4 24 | $-25.5M | $-85.5M | ||
| Q3 24 | $-4.2M | $-109.7M | ||
| Q2 24 | $-111.0K | — | ||
| Q1 24 | $-99.4M | $-108.3M |
| Q4 25 | 7.4% | -253.4% | ||
| Q3 25 | 6.9% | -15.8% | ||
| Q2 25 | 5.4% | — | ||
| Q1 25 | -43.5% | — | ||
| Q4 24 | -12.7% | -73.6% | ||
| Q3 24 | -1.6% | -208.0% | ||
| Q2 24 | -0.1% | — | ||
| Q1 24 | -63.9% | -199.4% |
| Q4 25 | 0.3% | 292.2% | ||
| Q3 25 | 0.6% | 75.0% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 0.2% | 119.7% | ||
| Q3 24 | 0.8% | 200.6% | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.6% | 149.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -3.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GPRO
| Subscription And Services | $106.3M | 53% |
| Other | $95.4M | 47% |
IREN
| Bitcoin Mining Revenue | $167.4M | 91% |
| AI Cloud Services | $17.3M | 9% |
