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Side-by-side financial comparison of BALCHEM CORP (BCPC) and Gogo Inc. (GOGO). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $230.6M, roughly 1.2× Gogo Inc.). BALCHEM CORP runs the higher net margin — 14.9% vs -4.3%, a 19.2% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 8.1%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 7.5%).

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

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...

BCPC vs GOGO — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.2× larger
BCPC
$270.7M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+59.3% gap
GOGO
67.3%
8.1%
BCPC
Higher net margin
BCPC
BCPC
19.2% more per $
BCPC
14.9%
-4.3%
GOGO
More free cash flow
BCPC
BCPC
$59.2M more FCF
BCPC
$33.8M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCPC
BCPC
GOGO
GOGO
Revenue
$270.7M
$230.6M
Net Profit
$40.3M
$-10.0M
Gross Margin
Operating Margin
20.5%
6.2%
Net Margin
14.9%
-4.3%
Revenue YoY
8.1%
67.3%
Net Profit YoY
8.7%
64.6%
EPS (diluted)
$1.25
$-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
BCPC
BCPC
GOGO
GOGO
Q1 26
$270.7M
Q4 25
$263.6M
$230.6M
Q3 25
$267.6M
$223.6M
Q2 25
$255.5M
$226.0M
Q1 25
$250.5M
$230.3M
Q4 24
$240.0M
$137.8M
Q3 24
$239.9M
$100.5M
Q2 24
$234.1M
$102.1M
Net Profit
BCPC
BCPC
GOGO
GOGO
Q1 26
$40.3M
Q4 25
$39.2M
$-10.0M
Q3 25
$40.3M
$-1.9M
Q2 25
$38.3M
$12.8M
Q1 25
$37.1M
$12.0M
Q4 24
$33.6M
$-28.2M
Q3 24
$33.8M
$10.6M
Q2 24
$32.1M
$839.0K
Gross Margin
BCPC
BCPC
GOGO
GOGO
Q1 26
Q4 25
35.6%
Q3 25
35.7%
Q2 25
36.4%
87.8%
Q1 25
35.2%
87.3%
Q4 24
36.0%
Q3 24
35.6%
Q2 24
35.5%
Operating Margin
BCPC
BCPC
GOGO
GOGO
Q1 26
20.5%
Q4 25
19.8%
6.2%
Q3 25
20.4%
12.9%
Q2 25
20.1%
15.9%
Q1 25
20.4%
15.3%
Q4 24
19.8%
-17.5%
Q3 24
20.0%
19.0%
Q2 24
19.6%
21.2%
Net Margin
BCPC
BCPC
GOGO
GOGO
Q1 26
14.9%
Q4 25
14.9%
-4.3%
Q3 25
15.1%
-0.9%
Q2 25
15.0%
5.7%
Q1 25
14.8%
5.2%
Q4 24
14.0%
-20.5%
Q3 24
14.1%
10.6%
Q2 24
13.7%
0.8%
EPS (diluted)
BCPC
BCPC
GOGO
GOGO
Q1 26
$1.25
Q4 25
$1.21
$-0.08
Q3 25
$1.24
$-0.01
Q2 25
$1.17
$0.09
Q1 25
$1.13
$0.09
Q4 24
$1.03
$-0.22
Q3 24
$1.03
$0.08
Q2 24
$0.98
$0.01

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
GOGO
GOGO
Cash + ST InvestmentsLiquidity on hand
$72.9M
$125.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$101.1M
Total Assets
$1.7B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
GOGO
GOGO
Q1 26
$72.9M
Q4 25
$74.6M
$125.2M
Q3 25
$65.1M
$133.6M
Q2 25
$65.4M
$102.1M
Q1 25
$49.9M
$70.3M
Q4 24
$49.5M
$41.8M
Q3 24
$73.7M
$176.7M
Q2 24
$63.7M
$161.6M
Stockholders' Equity
BCPC
BCPC
GOGO
GOGO
Q1 26
$1.3B
Q4 25
$1.3B
$101.1M
Q3 25
$1.3B
$107.0M
Q2 25
$1.3B
$102.8M
Q1 25
$1.2B
$82.9M
Q4 24
$1.1B
$69.3M
Q3 24
$1.2B
$52.7M
Q2 24
$1.1B
$52.0M
Total Assets
BCPC
BCPC
GOGO
GOGO
Q1 26
$1.7B
Q4 25
$1.7B
$1.3B
Q3 25
$1.7B
$1.3B
Q2 25
$1.7B
$1.3B
Q1 25
$1.6B
$1.2B
Q4 24
$1.6B
$1.2B
Q3 24
$1.6B
$810.7M
Q2 24
$1.6B
$802.7M

Cash Flow & Capital Efficiency

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

Metric
BCPC
BCPC
GOGO
GOGO
Operating Cash FlowLast quarter
$40.1M
$8.5M
Free Cash FlowOCF − Capex
$33.8M
$-25.4M
FCF MarginFCF / Revenue
12.5%
-11.0%
Capex IntensityCapex / Revenue
2.3%
14.7%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
GOGO
GOGO
Q1 26
$40.1M
Q4 25
$67.3M
$8.5M
Q3 25
$65.6M
$46.8M
Q2 25
$47.3M
$36.7M
Q1 25
$36.5M
$32.5M
Q4 24
$52.3M
$-38.3M
Q3 24
$51.3M
$25.1M
Q2 24
$45.0M
$24.9M
Free Cash Flow
BCPC
BCPC
GOGO
GOGO
Q1 26
$33.8M
Q4 25
$-25.4M
Q3 25
$27.3M
Q2 25
$33.5M
Q1 25
$29.7M
Q4 24
$-42.6M
Q3 24
$20.7M
Q2 24
$21.6M
FCF Margin
BCPC
BCPC
GOGO
GOGO
Q1 26
12.5%
Q4 25
-11.0%
Q3 25
12.2%
Q2 25
14.8%
Q1 25
12.9%
Q4 24
-30.9%
Q3 24
20.6%
Q2 24
21.1%
Capex Intensity
BCPC
BCPC
GOGO
GOGO
Q1 26
2.3%
Q4 25
14.7%
Q3 25
8.7%
Q2 25
1.4%
Q1 25
1.2%
Q4 24
3.1%
Q3 24
4.4%
Q2 24
3.3%
Cash Conversion
BCPC
BCPC
GOGO
GOGO
Q1 26
0.99×
Q4 25
1.72×
Q3 25
1.63×
Q2 25
1.23×
2.87×
Q1 25
0.98×
2.70×
Q4 24
1.56×
Q3 24
1.52×
2.36×
Q2 24
1.40×
29.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

GOGO
GOGO

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

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