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Side-by-side financial comparison of FB Financial Corp (FBK) 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 $178.6M, roughly 1.3× FB Financial Corp). FB Financial Corp runs the higher net margin — 31.9% vs -4.3%, a 36.2% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 37.0%). FB Financial Corp produced more free cash flow last quarter ($147.0M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 28.9%).

Fubon Financial Holding Co., Ltd. is a financial investment holding company consists of the following key subsidiaries: Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, Fubon Bank, Fubon Life, Fubon Bank (China) and Fubon Bank Limited. The holding company was setup on 19 December 2001.

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...

FBK vs GOGO — Head-to-Head

Bigger by revenue
GOGO
GOGO
1.3× larger
GOGO
$230.6M
$178.6M
FBK
Growing faster (revenue YoY)
GOGO
GOGO
+30.3% gap
GOGO
67.3%
37.0%
FBK
Higher net margin
FBK
FBK
36.2% more per $
FBK
31.9%
-4.3%
GOGO
More free cash flow
FBK
FBK
$172.4M more FCF
FBK
$147.0M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
28.9%
FBK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBK
FBK
GOGO
GOGO
Revenue
$178.6M
$230.6M
Net Profit
$57.0M
$-10.0M
Gross Margin
Operating Margin
39.1%
6.2%
Net Margin
31.9%
-4.3%
Revenue YoY
37.0%
67.3%
Net Profit YoY
50.4%
64.6%
EPS (diluted)
$1.12
$-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
FBK
FBK
GOGO
GOGO
Q4 25
$178.6M
$230.6M
Q3 25
$173.9M
$223.6M
Q2 25
$76.9M
$226.0M
Q1 25
$130.7M
$230.3M
Q4 24
$130.4M
$137.8M
Q3 24
$89.5M
$100.5M
Q2 24
$128.2M
$102.1M
Q1 24
$107.5M
$104.3M
Net Profit
FBK
FBK
GOGO
GOGO
Q4 25
$57.0M
$-10.0M
Q3 25
$23.4M
$-1.9M
Q2 25
$2.9M
$12.8M
Q1 25
$39.4M
$12.0M
Q4 24
$37.9M
$-28.2M
Q3 24
$10.2M
$10.6M
Q2 24
$40.0M
$839.0K
Q1 24
$27.9M
$30.5M
Gross Margin
FBK
FBK
GOGO
GOGO
Q4 25
Q3 25
Q2 25
87.8%
Q1 25
87.3%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
FBK
FBK
GOGO
GOGO
Q4 25
39.1%
6.2%
Q3 25
17.0%
12.9%
Q2 25
-12.7%
15.9%
Q1 25
37.4%
15.3%
Q4 24
38.4%
-17.5%
Q3 24
12.7%
19.0%
Q2 24
39.7%
21.2%
Q1 24
31.9%
33.2%
Net Margin
FBK
FBK
GOGO
GOGO
Q4 25
31.9%
-4.3%
Q3 25
13.4%
-0.9%
Q2 25
3.8%
5.7%
Q1 25
30.1%
5.2%
Q4 24
29.1%
-20.5%
Q3 24
11.4%
10.6%
Q2 24
31.2%
0.8%
Q1 24
26.0%
29.2%
EPS (diluted)
FBK
FBK
GOGO
GOGO
Q4 25
$1.12
$-0.08
Q3 25
$0.43
$-0.01
Q2 25
$0.06
$0.09
Q1 25
$0.84
$0.09
Q4 24
$0.82
$-0.22
Q3 24
$0.22
$0.08
Q2 24
$0.85
$0.01
Q1 24
$0.59
$0.23

Balance Sheet & Financial Strength

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

Metric
FBK
FBK
GOGO
GOGO
Cash + ST InvestmentsLiquidity on hand
$1.2B
$125.2M
Total DebtLower is stronger
$212.8M
Stockholders' EquityBook value
$1.9B
$101.1M
Total Assets
$16.3B
$1.3B
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBK
FBK
GOGO
GOGO
Q4 25
$1.2B
$125.2M
Q3 25
$1.3B
$133.6M
Q2 25
$1.2B
$102.1M
Q1 25
$794.7M
$70.3M
Q4 24
$1.0B
$41.8M
Q3 24
$951.8M
$176.7M
Q2 24
$800.9M
$161.6M
Q1 24
$870.7M
$152.8M
Total Debt
FBK
FBK
GOGO
GOGO
Q4 25
$212.8M
Q3 25
$213.6M
Q2 25
Q1 25
Q4 24
$176.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FBK
FBK
GOGO
GOGO
Q4 25
$1.9B
$101.1M
Q3 25
$2.0B
$107.0M
Q2 25
$1.6B
$102.8M
Q1 25
$1.6B
$82.9M
Q4 24
$1.6B
$69.3M
Q3 24
$1.6B
$52.7M
Q2 24
$1.5B
$52.0M
Q1 24
$1.5B
$62.4M
Total Assets
FBK
FBK
GOGO
GOGO
Q4 25
$16.3B
$1.3B
Q3 25
$16.2B
$1.3B
Q2 25
$13.4B
$1.3B
Q1 25
$13.1B
$1.2B
Q4 24
$13.2B
$1.2B
Q3 24
$12.9B
$810.7M
Q2 24
$12.5B
$802.7M
Q1 24
$12.5B
$809.0M
Debt / Equity
FBK
FBK
GOGO
GOGO
Q4 25
0.11×
Q3 25
0.11×
Q2 25
Q1 25
Q4 24
0.11×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
FBK
FBK
GOGO
GOGO
Operating Cash FlowLast quarter
$155.9M
$8.5M
Free Cash FlowOCF − Capex
$147.0M
$-25.4M
FCF MarginFCF / Revenue
82.3%
-11.0%
Capex IntensityCapex / Revenue
5.0%
14.7%
Cash ConversionOCF / Net Profit
2.74×
TTM Free Cash FlowTrailing 4 quarters
$242.8M
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBK
FBK
GOGO
GOGO
Q4 25
$155.9M
$8.5M
Q3 25
$47.7M
$46.8M
Q2 25
$71.8M
$36.7M
Q1 25
$-16.5M
$32.5M
Q4 24
$138.8M
$-38.3M
Q3 24
$57.8M
$25.1M
Q2 24
$30.6M
$24.9M
Q1 24
$36.3M
$29.7M
Free Cash Flow
FBK
FBK
GOGO
GOGO
Q4 25
$147.0M
$-25.4M
Q3 25
$45.6M
$27.3M
Q2 25
$68.4M
$33.5M
Q1 25
$-18.1M
$29.7M
Q4 24
$132.3M
$-42.6M
Q3 24
$56.7M
$20.7M
Q2 24
$28.4M
$21.6M
Q1 24
$34.6M
$28.2M
FCF Margin
FBK
FBK
GOGO
GOGO
Q4 25
82.3%
-11.0%
Q3 25
26.2%
12.2%
Q2 25
89.0%
14.8%
Q1 25
-13.9%
12.9%
Q4 24
101.4%
-30.9%
Q3 24
63.3%
20.6%
Q2 24
22.1%
21.1%
Q1 24
32.2%
27.0%
Capex Intensity
FBK
FBK
GOGO
GOGO
Q4 25
5.0%
14.7%
Q3 25
1.2%
8.7%
Q2 25
4.4%
1.4%
Q1 25
1.3%
1.2%
Q4 24
5.0%
3.1%
Q3 24
1.2%
4.4%
Q2 24
1.7%
3.3%
Q1 24
1.5%
1.4%
Cash Conversion
FBK
FBK
GOGO
GOGO
Q4 25
2.74×
Q3 25
2.04×
Q2 25
24.68×
2.87×
Q1 25
-0.42×
2.70×
Q4 24
3.66×
Q3 24
5.65×
2.36×
Q2 24
0.77×
29.74×
Q1 24
1.30×
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBK
FBK

Segment breakdown not available.

GOGO
GOGO

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

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