GoPro Delays Q3 Earnings Amid Starman Optical Merger
GoPro is delaying its third-quarter earnings report while seeking lender waivers to finalize a merger with Starman Optical Inc.
GoPro announced in a filing with the United States Securities and Exchange Commission on November 10, 2026, that it is delaying its third-quarter earnings report. The company stated it needs additional time to complete financial close procedures and documentation concerning the accounting and valuation of financing arrangements.
This delay coincides with GoPro's efforts to finalize a merger with Starman Optical Inc., an agreement first announced on September 1. The deal requires GoPro to repay approximately $92 million in debt by the end of the year. The company is currently seeking waivers from lenders to resolve noncompliance issues, noting that a failure to secure these waivers could result in the termination of the merger agreement.
If completed, the merger would integrate Starman's U.S.-made optical transceivers into the GoPro portfolio, allowing the company to enter the AI infrastructure market. To support the transition, CEO Nick Woodman has committed to providing $20 million in financing through the purchase of common stock.
