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GoPro vs Imax: revenue, profit, margins and growth compared

GoPro brought in $651.5M of revenue in fiscal 2025, Imax $410.2M in fiscal 2025. Revenue changed by -18.7% at GoPro and +16.5% at Imax on the year before, so Imax grew faster. GoPro kept -14.3% of its revenue as net profit, Imax 8.5%. Free cash flow was -$24M at GoPro and $118.9M at Imax.

Side by side, latest fiscal year

GPROIMAX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$651.5M$410.2M
Revenue growth-18.7%+16.5%
Net income-$93.5M$34.9M
Net margin-14.3%8.5%
Free cash flow-$24M$118.9M
Free cash flow margin-3.7%29.0%
Earnings per share (diluted)-$0.59$0.63
Cash$49.7M$151.2M
Debt$44.3Mn/a
Price to earningsn/a89.0
Market value$238M$3.1B
Dividend yieldn/an/a
Rank by revenue in sector#527 of 778 · Consumer discretionary#585 of 778 · Consumer discretionary

Over the years

Revenue
GPRO FY2018: $1.1BGPRO FY2019: $1.2BGPRO FY2020: $891.9MGPRO FY2021: $1.2BGPRO FY2022: $1.1BGPRO FY2023: $1BGPRO FY2024: $801.5MGPRO FY2025: $651.5MIMAX FY2018: $374.4MIMAX FY2019: $395.7MIMAX FY2020: $137MIMAX FY2021: $254.9MIMAX FY2022: $300.8MIMAX FY2023: $374.8MIMAX FY2024: $352.2MIMAX FY2025: $410.2MFY18FY19FY20FY21FY22FY23FY24FY25
GPRO $651.5MIMAX $410.2M
Net income
GPRO FY2018: -$109MGPRO FY2019: -$14.6MGPRO FY2020: -$66.8MGPRO FY2021: $371.2MGPRO FY2022: $28.8MGPRO FY2023: -$53.2MGPRO FY2024: -$432.3MGPRO FY2025: -$93.5MIMAX FY2018: $22.8MIMAX FY2019: $46.9MIMAX FY2020: -$143.8MIMAX FY2021: -$22.3MIMAX FY2022: -$22.8MIMAX FY2023: $25.3MIMAX FY2024: $26.1MIMAX FY2025: $34.9MFY18FY19FY20FY21FY22FY23FY24FY25
GPRO -$93.5MIMAX $34.9M
Net margin
GPRO FY2018: -9.5%GPRO FY2019: -1.2%GPRO FY2020: -7.5%GPRO FY2021: 32.0%GPRO FY2022: 2.6%GPRO FY2023: -5.3%GPRO FY2024: -53.9%GPRO FY2025: -14.3%IMAX FY2018: 6.1%IMAX FY2019: 11.8%IMAX FY2020: -104.9%IMAX FY2021: -8.8%IMAX FY2022: -7.6%IMAX FY2023: 6.8%IMAX FY2024: 7.4%IMAX FY2025: 8.5%FY18FY19FY20FY21FY22FY23FY24FY25
GPRO -14.3%IMAX 8.5%
Revenue growth
GPRO FY2019: +4.0%GPRO FY2020: -25.3%GPRO FY2021: +30.2%GPRO FY2022: -5.8%GPRO FY2023: -8.1%GPRO FY2024: -20.3%GPRO FY2025: -18.7%IMAX FY2019: +5.7%IMAX FY2020: -65.4%IMAX FY2021: +86.0%IMAX FY2022: +18.0%IMAX FY2023: +24.6%IMAX FY2024: -6.0%IMAX FY2025: +16.5%FY19FY20FY21FY22FY23FY24FY25
GPRO -18.7%IMAX +16.5%
Free cash flow
GPRO FY2018: -$53.4MGPRO FY2019: -$32.8MGPRO FY2020: $88.9MGPRO FY2021: $223.6MGPRO FY2022: $2.3MGPRO FY2023: -$34.4MGPRO FY2024: -$129.2MGPRO FY2025: -$24MIMAX FY2018: $96.6MIMAX FY2019: $83MIMAX FY2020: -$23.7MIMAX FY2021: $2.5MIMAX FY2022: $8.9MIMAX FY2023: $52.1MIMAX FY2024: $62.4MIMAX FY2025: $118.9MFY18FY19FY20FY21FY22FY23FY24FY25
GPRO -$24MIMAX $118.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about GoPro and Imax

Which is bigger by revenue, GoPro or Imax?

GoPro is bigger by revenue: $651.5M in fiscal 2025, against $410.2M for Imax in fiscal 2025.

Which keeps more of its revenue as profit, GoPro or Imax?

GoPro had a net margin of -14.3% in fiscal 2025; Imax had 8.5% in fiscal 2025.

Which grew revenue faster, GoPro or Imax?

In their latest fiscal years revenue changed by -18.7% at GoPro and +16.5% at Imax.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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