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Side-by-side financial comparison of Apple Hospitality REIT, Inc. (APLE) and Gogo Inc. (GOGO). Click either name above to swap in a different company.

Apple Hospitality REIT, Inc. is the larger business by last-quarter revenue ($326.4M vs $230.6M, roughly 1.4× Gogo Inc.). Apple Hospitality REIT, Inc. runs the higher net margin — 9.1% vs -4.3%, a 13.4% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs -2.0%). Apple Hospitality REIT, Inc. produced more free cash flow last quarter ($282.0M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs -0.5%).

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

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...

APLE vs GOGO — Head-to-Head

Bigger by revenue
APLE
APLE
1.4× larger
APLE
$326.4M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+69.3% gap
GOGO
67.3%
-2.0%
APLE
Higher net margin
APLE
APLE
13.4% more per $
APLE
9.1%
-4.3%
GOGO
More free cash flow
APLE
APLE
$307.4M more FCF
APLE
$282.0M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
-0.5%
APLE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APLE
APLE
GOGO
GOGO
Revenue
$326.4M
$230.6M
Net Profit
$29.6M
$-10.0M
Gross Margin
37.2%
Operating Margin
15.2%
6.2%
Net Margin
9.1%
-4.3%
Revenue YoY
-2.0%
67.3%
Net Profit YoY
-0.7%
64.6%
EPS (diluted)
$0.13
$-0.08

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
APLE
APLE
GOGO
GOGO
Q4 25
$326.4M
$230.6M
Q3 25
$373.9M
$223.6M
Q2 25
$384.4M
$226.0M
Q1 25
$327.7M
$230.3M
Q4 24
$333.0M
$137.8M
Q3 24
$378.8M
$100.5M
Q2 24
$390.1M
$102.1M
Q1 24
$329.5M
$104.3M
Net Profit
APLE
APLE
GOGO
GOGO
Q4 25
$29.6M
$-10.0M
Q3 25
$50.9M
$-1.9M
Q2 25
$63.6M
$12.8M
Q1 25
$31.2M
$12.0M
Q4 24
$29.8M
$-28.2M
Q3 24
$56.3M
$10.6M
Q2 24
$73.9M
$839.0K
Q1 24
$54.0M
$30.5M
Gross Margin
APLE
APLE
GOGO
GOGO
Q4 25
37.2%
Q3 25
40.6%
Q2 25
42.6%
87.8%
Q1 25
39.0%
87.3%
Q4 24
38.6%
Q3 24
41.9%
Q2 24
44.6%
Q1 24
40.1%
Operating Margin
APLE
APLE
GOGO
GOGO
Q4 25
15.2%
6.2%
Q3 25
19.4%
12.9%
Q2 25
22.1%
15.9%
Q1 25
15.5%
15.3%
Q4 24
15.0%
-17.5%
Q3 24
20.5%
19.0%
Q2 24
24.0%
21.2%
Q1 24
21.7%
33.2%
Net Margin
APLE
APLE
GOGO
GOGO
Q4 25
9.1%
-4.3%
Q3 25
13.6%
-0.9%
Q2 25
16.6%
5.7%
Q1 25
9.5%
5.2%
Q4 24
9.0%
-20.5%
Q3 24
14.9%
10.6%
Q2 24
19.0%
0.8%
Q1 24
16.4%
29.2%
EPS (diluted)
APLE
APLE
GOGO
GOGO
Q4 25
$0.13
$-0.08
Q3 25
$0.21
$-0.01
Q2 25
$0.27
$0.09
Q1 25
$0.13
$0.09
Q4 24
$0.13
$-0.22
Q3 24
$0.23
$0.08
Q2 24
$0.31
$0.01
Q1 24
$0.22
$0.23

Balance Sheet & Financial Strength

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

Metric
APLE
APLE
GOGO
GOGO
Cash + ST InvestmentsLiquidity on hand
$8.5M
$125.2M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$3.1B
$101.1M
Total Assets
$4.9B
$1.3B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APLE
APLE
GOGO
GOGO
Q4 25
$8.5M
$125.2M
Q3 25
$50.3M
$133.6M
Q2 25
$7.9M
$102.1M
Q1 25
$14.9M
$70.3M
Q4 24
$10.3M
$41.8M
Q3 24
$6.1M
$176.7M
Q2 24
$7.2M
$161.6M
Q1 24
$4.9M
$152.8M
Total Debt
APLE
APLE
GOGO
GOGO
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
APLE
APLE
GOGO
GOGO
Q4 25
$3.1B
$101.1M
Q3 25
$3.2B
$107.0M
Q2 25
$3.2B
$102.8M
Q1 25
$3.2B
$82.9M
Q4 24
$3.3B
$69.3M
Q3 24
$3.3B
$52.7M
Q2 24
$3.3B
$52.0M
Q1 24
$3.3B
$62.4M
Total Assets
APLE
APLE
GOGO
GOGO
Q4 25
$4.9B
$1.3B
Q3 25
$4.9B
$1.3B
Q2 25
$4.9B
$1.3B
Q1 25
$4.9B
$1.2B
Q4 24
$5.0B
$1.2B
Q3 24
$5.0B
$810.7M
Q2 24
$5.1B
$802.7M
Q1 24
$5.0B
$809.0M
Debt / Equity
APLE
APLE
GOGO
GOGO
Q4 25
0.49×
Q3 25
0.47×
Q2 25
0.48×
Q1 25
0.48×
Q4 24
0.45×
Q3 24
0.46×
Q2 24
0.46×
Q1 24
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APLE
APLE
GOGO
GOGO
Operating Cash FlowLast quarter
$370.2M
$8.5M
Free Cash FlowOCF − Capex
$282.0M
$-25.4M
FCF MarginFCF / Revenue
86.4%
-11.0%
Capex IntensityCapex / Revenue
27.0%
14.7%
Cash ConversionOCF / Net Profit
12.50×
TTM Free Cash FlowTrailing 4 quarters
$516.8M
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APLE
APLE
GOGO
GOGO
Q4 25
$370.2M
$8.5M
Q3 25
$126.4M
$46.8M
Q2 25
$108.8M
$36.7M
Q1 25
$49.1M
$32.5M
Q4 24
$405.4M
$-38.3M
Q3 24
$128.2M
$25.1M
Q2 24
$127.3M
$24.9M
Q1 24
$54.7M
$29.7M
Free Cash Flow
APLE
APLE
GOGO
GOGO
Q4 25
$282.0M
$-25.4M
Q3 25
$109.0M
$27.3M
Q2 25
$96.2M
$33.5M
Q1 25
$29.5M
$29.7M
Q4 24
$327.1M
$-42.6M
Q3 24
$113.1M
$20.7M
Q2 24
$115.0M
$21.6M
Q1 24
$34.4M
$28.2M
FCF Margin
APLE
APLE
GOGO
GOGO
Q4 25
86.4%
-11.0%
Q3 25
29.2%
12.2%
Q2 25
25.0%
14.8%
Q1 25
9.0%
12.9%
Q4 24
98.2%
-30.9%
Q3 24
29.9%
20.6%
Q2 24
29.5%
21.1%
Q1 24
10.4%
27.0%
Capex Intensity
APLE
APLE
GOGO
GOGO
Q4 25
27.0%
14.7%
Q3 25
4.7%
8.7%
Q2 25
3.3%
1.4%
Q1 25
6.0%
1.2%
Q4 24
23.5%
3.1%
Q3 24
4.0%
4.4%
Q2 24
3.2%
3.3%
Q1 24
6.2%
1.4%
Cash Conversion
APLE
APLE
GOGO
GOGO
Q4 25
12.50×
Q3 25
2.49×
Q2 25
1.71×
2.87×
Q1 25
1.57×
2.70×
Q4 24
13.59×
Q3 24
2.28×
2.36×
Q2 24
1.72×
29.74×
Q1 24
1.01×
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APLE
APLE

Occupancy$293.0M90%
Hotel Other$17.2M5%
Food And Beverage$16.3M5%

GOGO
GOGO

Services$191.9M83%
Products$38.7M17%
Fcc Reimbursement Program$2.0M1%

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