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

Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $199.4M, roughly 1.2× Ecovyst Inc.). On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 34.0%). Ecovyst Inc. produced more free cash flow last quarter ($22.9M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 18.7%).

Ecovyst Inc. is a global sustainable specialty materials provider that develops and manufactures high-performance catalysts and functional additives. Its offerings serve key segments including industrial manufacturing, consumer goods, and environmental protection, helping clients improve operational efficiency and lower carbon emissions across North America, Europe, and Asia-Pacific markets.

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...

ECVT vs GOGO — Head-to-Head

Bigger by revenue
GOGO
GOGO
1.2× larger
GOGO
$230.6M
$199.4M
ECVT
Growing faster (revenue YoY)
GOGO
GOGO
+33.3% gap
GOGO
67.3%
34.0%
ECVT
More free cash flow
ECVT
ECVT
$48.3M more FCF
ECVT
$22.9M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
18.7%
ECVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ECVT
ECVT
GOGO
GOGO
Revenue
$199.4M
$230.6M
Net Profit
$-10.0M
Gross Margin
23.4%
Operating Margin
10.9%
6.2%
Net Margin
-4.3%
Revenue YoY
34.0%
67.3%
Net Profit YoY
64.6%
EPS (diluted)
$0.06
$-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
ECVT
ECVT
GOGO
GOGO
Q4 25
$199.4M
$230.6M
Q3 25
$204.9M
$223.6M
Q2 25
$176.1M
$226.0M
Q1 25
$143.1M
$230.3M
Q4 24
$148.9M
$137.8M
Q3 24
$153.9M
$100.5M
Q2 24
$154.0M
$102.1M
Q1 24
$141.6M
$104.3M
Net Profit
ECVT
ECVT
GOGO
GOGO
Q4 25
$-10.0M
Q3 25
$-79.3M
$-1.9M
Q2 25
$6.0M
$12.8M
Q1 25
$-3.6M
$12.0M
Q4 24
$-28.2M
Q3 24
$14.3M
$10.6M
Q2 24
$8.3M
$839.0K
Q1 24
$1.2M
$30.5M
Gross Margin
ECVT
ECVT
GOGO
GOGO
Q4 25
23.4%
Q3 25
25.4%
Q2 25
22.8%
87.8%
Q1 25
13.3%
87.3%
Q4 24
28.9%
Q3 24
29.3%
Q2 24
27.3%
Q1 24
23.5%
Operating Margin
ECVT
ECVT
GOGO
GOGO
Q4 25
10.9%
6.2%
Q3 25
13.8%
12.9%
Q2 25
9.0%
15.9%
Q1 25
-0.7%
15.3%
Q4 24
15.1%
-17.5%
Q3 24
17.9%
19.0%
Q2 24
14.1%
21.2%
Q1 24
9.5%
33.2%
Net Margin
ECVT
ECVT
GOGO
GOGO
Q4 25
-4.3%
Q3 25
-38.7%
-0.9%
Q2 25
3.4%
5.7%
Q1 25
-2.5%
5.2%
Q4 24
-20.5%
Q3 24
9.3%
10.6%
Q2 24
5.4%
0.8%
Q1 24
0.9%
29.2%
EPS (diluted)
ECVT
ECVT
GOGO
GOGO
Q4 25
$0.06
$-0.08
Q3 25
$-0.69
$-0.01
Q2 25
$0.05
$0.09
Q1 25
$-0.03
$0.09
Q4 24
$-0.26
$-0.22
Q3 24
$0.12
$0.08
Q2 24
$0.07
$0.01
Q1 24
$0.01
$0.23

Balance Sheet & Financial Strength

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

Metric
ECVT
ECVT
GOGO
GOGO
Cash + ST InvestmentsLiquidity on hand
$197.2M
$125.2M
Total DebtLower is stronger
$392.6M
Stockholders' EquityBook value
$603.4M
$101.1M
Total Assets
$1.3B
$1.3B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECVT
ECVT
GOGO
GOGO
Q4 25
$197.2M
$125.2M
Q3 25
$82.0M
$133.6M
Q2 25
$69.6M
$102.1M
Q1 25
$127.5M
$70.3M
Q4 24
$131.4M
$41.8M
Q3 24
$123.5M
$176.7M
Q2 24
$83.3M
$161.6M
Q1 24
$103.1M
$152.8M
Total Debt
ECVT
ECVT
GOGO
GOGO
Q4 25
$392.6M
Q3 25
$854.8M
Q2 25
$856.6M
Q1 25
$859.0M
Q4 24
$860.8M
Q3 24
$862.7M
Q2 24
$862.4M
Q1 24
$866.2M
Stockholders' Equity
ECVT
ECVT
GOGO
GOGO
Q4 25
$603.4M
$101.1M
Q3 25
$607.9M
$107.0M
Q2 25
$692.4M
$102.8M
Q1 25
$698.7M
$82.9M
Q4 24
$700.5M
$69.3M
Q3 24
$729.4M
$52.7M
Q2 24
$717.3M
$52.0M
Q1 24
$711.4M
$62.4M
Total Assets
ECVT
ECVT
GOGO
GOGO
Q4 25
$1.3B
$1.3B
Q3 25
$1.7B
$1.3B
Q2 25
$1.8B
$1.3B
Q1 25
$1.8B
$1.2B
Q4 24
$1.8B
$1.2B
Q3 24
$1.8B
$810.7M
Q2 24
$1.8B
$802.7M
Q1 24
$1.8B
$809.0M
Debt / Equity
ECVT
ECVT
GOGO
GOGO
Q4 25
0.65×
Q3 25
1.41×
Q2 25
1.24×
Q1 25
1.23×
Q4 24
1.23×
Q3 24
1.18×
Q2 24
1.20×
Q1 24
1.22×

Cash Flow & Capital Efficiency

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

Metric
ECVT
ECVT
GOGO
GOGO
Operating Cash FlowLast quarter
$41.8M
$8.5M
Free Cash FlowOCF − Capex
$22.9M
$-25.4M
FCF MarginFCF / Revenue
11.5%
-11.0%
Capex IntensityCapex / Revenue
9.4%
14.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.9M
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECVT
ECVT
GOGO
GOGO
Q4 25
$41.8M
$8.5M
Q3 25
$55.3M
$46.8M
Q2 25
$33.0M
$36.7M
Q1 25
$10.3M
$32.5M
Q4 24
$43.5M
$-38.3M
Q3 24
$59.9M
$25.1M
Q2 24
$10.0M
$24.9M
Q1 24
$36.5M
$29.7M
Free Cash Flow
ECVT
ECVT
GOGO
GOGO
Q4 25
$22.9M
$-25.4M
Q3 25
$53.2M
$27.3M
Q2 25
$7.8M
$33.5M
Q1 25
$-14.0M
$29.7M
Q4 24
$30.9M
$-42.6M
Q3 24
$53.6M
$20.7M
Q2 24
$-9.3M
$21.6M
Q1 24
$19.1M
$28.2M
FCF Margin
ECVT
ECVT
GOGO
GOGO
Q4 25
11.5%
-11.0%
Q3 25
26.0%
12.2%
Q2 25
4.4%
14.8%
Q1 25
-9.8%
12.9%
Q4 24
20.7%
-30.9%
Q3 24
34.9%
20.6%
Q2 24
-6.1%
21.1%
Q1 24
13.5%
27.0%
Capex Intensity
ECVT
ECVT
GOGO
GOGO
Q4 25
9.4%
14.7%
Q3 25
1.0%
8.7%
Q2 25
14.4%
1.4%
Q1 25
16.9%
1.2%
Q4 24
8.5%
3.1%
Q3 24
4.1%
4.4%
Q2 24
12.5%
3.3%
Q1 24
12.3%
1.4%
Cash Conversion
ECVT
ECVT
GOGO
GOGO
Q4 25
Q3 25
Q2 25
5.52×
2.87×
Q1 25
2.70×
Q4 24
Q3 24
4.21×
2.36×
Q2 24
1.20×
29.74×
Q1 24
29.90×
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ECVT
ECVT

Industrial Mining Automotive$101.3M51%
Regeneration And Treatment Services$90.0M45%
Other$8.1M4%

GOGO
GOGO

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

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