vs

Side-by-side financial comparison of GoPro, Inc. (GPRO) and Mayville Engineering Company, Inc. (MEC). Click either name above to swap in a different company.

GoPro, Inc. is the larger business by last-quarter revenue ($201.7M vs $134.3M, roughly 1.5× Mayville Engineering Company, Inc.). On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs 0.4%). GoPro, Inc. produced more free cash flow last quarter ($15.0M vs $10.2M). Over the past eight quarters, GoPro, Inc.'s revenue compounded faster (13.9% CAGR vs -8.8%).

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.

Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.

GPRO vs MEC — Head-to-Head

Bigger by revenue
GPRO
GPRO
1.5× larger
GPRO
$201.7M
$134.3M
MEC
Growing faster (revenue YoY)
MEC
MEC
+10.3% gap
MEC
10.7%
0.4%
GPRO
More free cash flow
GPRO
GPRO
$4.8M more FCF
GPRO
$15.0M
$10.2M
MEC
Faster 2-yr revenue CAGR
GPRO
GPRO
Annualised
GPRO
13.9%
-8.8%
MEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GPRO
GPRO
MEC
MEC
Revenue
$201.7M
$134.3M
Net Profit
$-4.4M
Gross Margin
31.8%
6.8%
Operating Margin
-4.1%
-4.1%
Net Margin
-3.2%
Revenue YoY
0.4%
10.7%
Net Profit YoY
-127.3%
EPS (diluted)
$-0.06
$-0.22

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.

Revenue
GPRO
GPRO
MEC
MEC
Q4 25
$201.7M
$134.3M
Q3 25
$162.9M
$144.3M
Q2 25
$152.6M
$132.3M
Q1 25
$134.3M
$135.6M
Q4 24
$200.9M
$121.3M
Q3 24
$258.9M
$135.4M
Q2 24
$186.2M
$163.6M
Q1 24
$155.5M
$161.3M
Net Profit
GPRO
GPRO
MEC
MEC
Q4 25
$-4.4M
Q3 25
$-21.3M
$-2.7M
Q2 25
$-16.4M
$-1.1M
Q1 25
$-46.7M
$20.0K
Q4 24
$16.0M
Q3 24
$-8.2M
$3.0M
Q2 24
$-47.8M
$3.8M
Q1 24
$-339.1M
$3.2M
Gross Margin
GPRO
GPRO
MEC
MEC
Q4 25
31.8%
6.8%
Q3 25
35.1%
11.0%
Q2 25
35.8%
10.3%
Q1 25
32.1%
11.3%
Q4 24
34.7%
8.9%
Q3 24
35.5%
12.6%
Q2 24
30.5%
13.6%
Q1 24
34.1%
13.0%
Operating Margin
GPRO
GPRO
MEC
MEC
Q4 25
-4.1%
-4.1%
Q3 25
-9.8%
0.0%
Q2 25
-9.2%
0.1%
Q1 25
-33.7%
1.2%
Q4 24
-19.5%
19.0%
Q3 24
-3.1%
4.2%
Q2 24
-25.0%
5.0%
Q1 24
-26.6%
4.7%
Net Margin
GPRO
GPRO
MEC
MEC
Q4 25
-3.2%
Q3 25
-13.0%
-1.9%
Q2 25
-10.8%
-0.8%
Q1 25
-34.8%
0.0%
Q4 24
13.2%
Q3 24
-3.2%
2.2%
Q2 24
-25.7%
2.3%
Q1 24
-218.1%
2.0%
EPS (diluted)
GPRO
GPRO
MEC
MEC
Q4 25
$-0.06
$-0.22
Q3 25
$-0.13
$-0.13
Q2 25
$-0.10
$-0.05
Q1 25
$-0.30
$0.00
Q4 24
$-0.22
$0.76
Q3 24
$-0.05
$0.14
Q2 24
$-0.31
$0.18
Q1 24
$-2.24
$0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GPRO
GPRO
MEC
MEC
Cash + ST InvestmentsLiquidity on hand
$49.7M
$1.5M
Total DebtLower is stronger
$44.3M
Stockholders' EquityBook value
$76.5M
$240.7M
Total Assets
$428.0M
$563.6M
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPRO
GPRO
MEC
MEC
Q4 25
$49.7M
$1.5M
Q3 25
$152.8M
$1.2M
Q2 25
$58.6M
$206.0K
Q1 25
$69.6M
$183.0K
Q4 24
$102.8M
$206.0K
Q3 24
$130.2M
$178.0K
Q2 24
$133.0M
$314.0K
Q1 24
$133.7M
$314.0K
Total Debt
GPRO
GPRO
MEC
MEC
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
Stockholders' Equity
GPRO
GPRO
MEC
MEC
Q4 25
$76.5M
$240.7M
Q3 25
$80.5M
$244.8M
Q2 25
$97.9M
$246.8M
Q1 25
$110.0M
$250.0M
Q4 24
$151.7M
$251.8M
Q3 24
$183.9M
$238.4M
Q2 24
$184.7M
$238.1M
Q1 24
$224.9M
$234.0M
Total Assets
GPRO
GPRO
MEC
MEC
Q4 25
$428.0M
$563.6M
Q3 25
$538.6M
$585.6M
Q2 25
$439.0M
$433.7M
Q1 25
$462.5M
$447.7M
Q4 24
$543.7M
$445.6M
Q3 24
$661.6M
$466.0M
Q2 24
$556.8M
$488.2M
Q1 24
$575.8M
$499.9M
Debt / Equity
GPRO
GPRO
MEC
MEC
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
GPRO
GPRO
MEC
MEC
Operating Cash FlowLast quarter
$15.6M
$13.4M
Free Cash FlowOCF − Capex
$15.0M
$10.2M
FCF MarginFCF / Revenue
7.4%
7.6%
Capex IntensityCapex / Revenue
0.3%
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-24.0M
$26.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPRO
GPRO
MEC
MEC
Q4 25
$15.6M
$13.4M
Q3 25
$12.2M
$1.9M
Q2 25
$8.8M
$15.0M
Q1 25
$-57.2M
$8.3M
Q4 24
$-25.1M
$38.0M
Q3 24
$-2.2M
$17.9M
Q2 24
$605.0K
$23.3M
Q1 24
$-98.4M
$10.6M
Free Cash Flow
GPRO
GPRO
MEC
MEC
Q4 25
$15.0M
$10.2M
Q3 25
$11.2M
$-1.1M
Q2 25
$8.3M
$12.5M
Q1 25
$-58.5M
$5.4M
Q4 24
$-25.5M
$35.6M
Q3 24
$-4.2M
$15.1M
Q2 24
$-111.0K
$19.2M
Q1 24
$-99.4M
$7.8M
FCF Margin
GPRO
GPRO
MEC
MEC
Q4 25
7.4%
7.6%
Q3 25
6.9%
-0.8%
Q2 25
5.4%
9.5%
Q1 25
-43.5%
4.0%
Q4 24
-12.7%
29.4%
Q3 24
-1.6%
11.1%
Q2 24
-0.1%
11.7%
Q1 24
-63.9%
4.9%
Capex Intensity
GPRO
GPRO
MEC
MEC
Q4 25
0.3%
2.4%
Q3 25
0.6%
2.1%
Q2 25
0.3%
1.8%
Q1 25
1.0%
2.2%
Q4 24
0.2%
1.9%
Q3 24
0.8%
2.1%
Q2 24
0.4%
2.5%
Q1 24
0.6%
1.7%
Cash Conversion
GPRO
GPRO
MEC
MEC
Q4 25
Q3 25
Q2 25
Q1 25
416.65×
Q4 24
2.38×
Q3 24
6.03×
Q2 24
6.15×
Q1 24
3.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GPRO
GPRO

Subscription And Services$106.3M53%
Other$95.4M47%

MEC
MEC

Fabrication$72.2M54%
Construction And Access$19.2M14%
Tubes$16.2M12%
Other Market$11.9M9%
Agriculture$7.7M6%
Military$6.7M5%
Outdoor Sports$1.7M1%

Related Comparisons