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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and Gogo Inc. (GOGO). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $230.6M, roughly 1.0× Gogo Inc.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -4.3%, a 8.7% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 20.3%). CSW INDUSTRIALS, INC. produced more free cash flow last quarter ($22.7M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 5.1%).

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...

CSW vs GOGO — Head-to-Head

Bigger by revenue
CSW
CSW
1.0× larger
CSW
$233.0M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+47.0% gap
GOGO
67.3%
20.3%
CSW
Higher net margin
CSW
CSW
8.7% more per $
CSW
4.4%
-4.3%
GOGO
More free cash flow
CSW
CSW
$48.1M more FCF
CSW
$22.7M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
5.1%
CSW

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CSW
CSW
GOGO
GOGO
Revenue
$233.0M
$230.6M
Net Profit
$10.3M
$-10.0M
Gross Margin
39.7%
Operating Margin
7.4%
6.2%
Net Margin
4.4%
-4.3%
Revenue YoY
20.3%
67.3%
Net Profit YoY
-61.9%
64.6%
EPS (diluted)
$0.62
$-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
CSW
CSW
GOGO
GOGO
Q4 25
$233.0M
$230.6M
Q3 25
$277.0M
$223.6M
Q2 25
$263.6M
$226.0M
Q1 25
$230.5M
$230.3M
Q4 24
$193.6M
$137.8M
Q3 24
$227.9M
$100.5M
Q2 24
$226.2M
$102.1M
Q1 24
$210.9M
$104.3M
Net Profit
CSW
CSW
GOGO
GOGO
Q4 25
$10.3M
$-10.0M
Q3 25
$40.7M
$-1.9M
Q2 25
$40.9M
$12.8M
Q1 25
$35.1M
$12.0M
Q4 24
$26.9M
$-28.2M
Q3 24
$36.1M
$10.6M
Q2 24
$38.6M
$839.0K
Q1 24
$31.8M
$30.5M
Gross Margin
CSW
CSW
GOGO
GOGO
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
87.8%
Q1 25
44.2%
87.3%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Q1 24
44.4%
Operating Margin
CSW
CSW
GOGO
GOGO
Q4 25
7.4%
6.2%
Q3 25
20.5%
12.9%
Q2 25
20.8%
15.9%
Q1 25
19.5%
15.3%
Q4 24
15.3%
-17.5%
Q3 24
22.6%
19.0%
Q2 24
24.3%
21.2%
Q1 24
21.0%
33.2%
Net Margin
CSW
CSW
GOGO
GOGO
Q4 25
4.4%
-4.3%
Q3 25
14.7%
-0.9%
Q2 25
15.5%
5.7%
Q1 25
15.2%
5.2%
Q4 24
13.9%
-20.5%
Q3 24
15.8%
10.6%
Q2 24
17.1%
0.8%
Q1 24
15.1%
29.2%
EPS (diluted)
CSW
CSW
GOGO
GOGO
Q4 25
$0.62
$-0.08
Q3 25
$2.41
$-0.01
Q2 25
$2.43
$0.09
Q1 25
$2.05
$0.09
Q4 24
$1.60
$-0.22
Q3 24
$2.26
$0.08
Q2 24
$2.47
$0.01
Q1 24
$2.03
$0.23

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
GOGO
GOGO
Cash + ST InvestmentsLiquidity on hand
$40.2M
$125.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$101.1M
Total Assets
$2.3B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
GOGO
GOGO
Q4 25
$40.2M
$125.2M
Q3 25
$31.5M
$133.6M
Q2 25
$38.0M
$102.1M
Q1 25
$225.8M
$70.3M
Q4 24
$213.8M
$41.8M
Q3 24
$273.2M
$176.7M
Q2 24
$18.9M
$161.6M
Q1 24
$22.2M
$152.8M
Total Debt
CSW
CSW
GOGO
GOGO
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Q1 24
$166.0M
Stockholders' Equity
CSW
CSW
GOGO
GOGO
Q4 25
$1.1B
$101.1M
Q3 25
$1.1B
$107.0M
Q2 25
$1.1B
$102.8M
Q1 25
$1.1B
$82.9M
Q4 24
$1.0B
$69.3M
Q3 24
$1.0B
$52.7M
Q2 24
$650.2M
$52.0M
Q1 24
$615.7M
$62.4M
Total Assets
CSW
CSW
GOGO
GOGO
Q4 25
$2.3B
$1.3B
Q3 25
$1.5B
$1.3B
Q2 25
$1.5B
$1.3B
Q1 25
$1.4B
$1.2B
Q4 24
$1.4B
$1.2B
Q3 24
$1.4B
$810.7M
Q2 24
$1.1B
$802.7M
Q1 24
$1.0B
$809.0M
Debt / Equity
CSW
CSW
GOGO
GOGO
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
CSW
CSW
GOGO
GOGO
Operating Cash FlowLast quarter
$28.9M
$8.5M
Free Cash FlowOCF − Capex
$22.7M
$-25.4M
FCF MarginFCF / Revenue
9.8%
-11.0%
Capex IntensityCapex / Revenue
2.6%
14.7%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
GOGO
GOGO
Q4 25
$28.9M
$8.5M
Q3 25
$61.8M
$46.8M
Q2 25
$60.6M
$36.7M
Q1 25
$27.3M
$32.5M
Q4 24
$11.6M
$-38.3M
Q3 24
$66.8M
$25.1M
Q2 24
$62.7M
$24.9M
Q1 24
$22.4M
$29.7M
Free Cash Flow
CSW
CSW
GOGO
GOGO
Q4 25
$22.7M
$-25.4M
Q3 25
$58.7M
$27.3M
Q2 25
$57.7M
$33.5M
Q1 25
$22.8M
$29.7M
Q4 24
$8.5M
$-42.6M
Q3 24
$61.3M
$20.7M
Q2 24
$59.6M
$21.6M
Q1 24
$17.5M
$28.2M
FCF Margin
CSW
CSW
GOGO
GOGO
Q4 25
9.8%
-11.0%
Q3 25
21.2%
12.2%
Q2 25
21.9%
14.8%
Q1 25
9.9%
12.9%
Q4 24
4.4%
-30.9%
Q3 24
26.9%
20.6%
Q2 24
26.3%
21.1%
Q1 24
8.3%
27.0%
Capex Intensity
CSW
CSW
GOGO
GOGO
Q4 25
2.6%
14.7%
Q3 25
1.1%
8.7%
Q2 25
1.1%
1.4%
Q1 25
2.0%
1.2%
Q4 24
1.6%
3.1%
Q3 24
2.4%
4.4%
Q2 24
1.4%
3.3%
Q1 24
2.3%
1.4%
Cash Conversion
CSW
CSW
GOGO
GOGO
Q4 25
2.81×
Q3 25
1.52×
Q2 25
1.48×
2.87×
Q1 25
0.78×
2.70×
Q4 24
0.43×
Q3 24
1.85×
2.36×
Q2 24
1.62×
29.74×
Q1 24
0.71×
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

GOGO
GOGO

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

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