Gogo Inc.GOGOEarnings & Financial Report
Gogo Inc. is an American provider of in-flight broadband Internet service and other connectivity services for business aircraft, headquartered in Broomfield, Colorado. Through its Gogo LLC subsidiary, Gogo previously provided in-flight WiFi to 17 airlines until the Commercial Air business was sold to Intelsat for $400 million in December 2020. According to Gogo, over 2,500 commercial aircraft and 6,600 business aircraft have been equipped with its onboard Wi-Fi services. The company is the de...
Revenue
$100.5M
Gross Profit
N/A
Operating Profit
$19.1M
Net Profit
$10.6M
Gross Margin
N/A
Operating Margin
19.0%
Net Margin
10.6%
YoY Growth
2.6%
EPS
$0.08
Gogo Inc. Q3 FY2024 Financial Summary
Gogo Inc. reported revenue of $100.5M (up 2.6% YoY) for Q3 FY2024, with a net profit of $10.6M (down 49.2% YoY) (10.6% margin).
Key Financial Metrics
| Total Revenue | $100.5M |
|---|---|
| Net Profit | $10.6M |
| Gross Margin | N/A |
| Operating Margin | 19.0% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Gogo Inc. Q3 FY2024 revenue of $100.5M breaks down across 3 segments, led by Cost Of Service Revenue at $81.9M (81.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Cost Of Service Revenue | $81.9M | 81.4% |
| OEM And Aftermarket Dealer | $18.7M | 18.6% |
| Fcc Reimbursement Program | $3.6M | 3.6% |
Gogo Inc. Revenue by Segment — Quarterly Trend
Gogo Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Cost Of Service Revenue and OEM And Aftermarket Dealer) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Fcc Reimbursement Program | $2.0M | $2.0M | $1.9M | $1.7M |
Gogo Inc. Annual Revenue by Year
Gogo Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $910.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $910.5M |
| 2024 | $444.7M |
| 2023 | $397.6M |
| 2022 | $404.1M |
Gogo Inc. Quarterly Revenue & Net Profit History
Gogo Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $230.6M | +67.3% | $-10.0M | -4.3% |
| Q3 FY2025 | $223.6M | +122.4% | $-1.9M | -0.9% |
| Q2 FY2025 | $226.0M | +121.5% | $12.8M | 5.7% |
| Q1 FY2025 | $230.3M | +120.8% | $12.0M | 5.2% |
| Q4 FY2024 | $137.8M | +40.9% | $-28.2M | -20.5% |
| Q3 FY2024 | $100.5M | +2.6% | $10.6M | 10.6% |
| Q2 FY2024 | $102.1M | -1.1% | $839.0K | 0.8% |
| Q1 FY2024 | $104.3M | +5.8% | $30.5M | 29.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $104.3M | $102.1M | $100.5M | $137.8M | $230.3M | $226.0M | $223.6M | $230.6M |
| YoY Growth | 5.8% | -1.1% | 2.6% | 40.9% | 120.8% | 121.5% | 122.4% | 67.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $809.0M | $802.7M | $810.7M | $1.23B | $1.24B | $1.26B | $1.30B | $1.30B |
| Liabilities | $746.5M | $750.7M | $758.0M | $1.16B | $1.16B | $1.16B | $1.19B | $1.20B |
| Equity | $62.4M | $52.0M | $52.7M | $69.3M | $82.9M | $102.8M | $107.0M | $101.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $29.7M | $24.9M | $25.1M | $-38.3M | $32.5M | $36.7M | $46.8M | $8.5M |