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

Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $201.7M, roughly 1.1× GoPro, Inc.). On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 0.4%). GoPro, Inc. produced more free cash flow last quarter ($15.0M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 13.9%).

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...

GoPro, Inc. is an American technology company founded in 2002 by Nick Woodman. It manufactures action cameras and develops its own mobile apps and video-editing software. Founded as Woodman Labs, Inc, the company is based in San Mateo, California.

GOGO vs GPRO — Head-to-Head

Bigger by revenue
GOGO
GOGO
1.1× larger
GOGO
$230.6M
$201.7M
GPRO
Growing faster (revenue YoY)
GOGO
GOGO
+66.9% gap
GOGO
67.3%
0.4%
GPRO
More free cash flow
GPRO
GPRO
$40.4M more FCF
GPRO
$15.0M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
13.9%
GPRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOGO
GOGO
GPRO
GPRO
Revenue
$230.6M
$201.7M
Net Profit
$-10.0M
Gross Margin
31.8%
Operating Margin
6.2%
-4.1%
Net Margin
-4.3%
Revenue YoY
67.3%
0.4%
Net Profit YoY
64.6%
EPS (diluted)
$-0.08
$-0.06

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
GOGO
GOGO
GPRO
GPRO
Q4 25
$230.6M
$201.7M
Q3 25
$223.6M
$162.9M
Q2 25
$226.0M
$152.6M
Q1 25
$230.3M
$134.3M
Q4 24
$137.8M
$200.9M
Q3 24
$100.5M
$258.9M
Q2 24
$102.1M
$186.2M
Q1 24
$104.3M
$155.5M
Net Profit
GOGO
GOGO
GPRO
GPRO
Q4 25
$-10.0M
Q3 25
$-1.9M
$-21.3M
Q2 25
$12.8M
$-16.4M
Q1 25
$12.0M
$-46.7M
Q4 24
$-28.2M
Q3 24
$10.6M
$-8.2M
Q2 24
$839.0K
$-47.8M
Q1 24
$30.5M
$-339.1M
Gross Margin
GOGO
GOGO
GPRO
GPRO
Q4 25
31.8%
Q3 25
35.1%
Q2 25
87.8%
35.8%
Q1 25
87.3%
32.1%
Q4 24
34.7%
Q3 24
35.5%
Q2 24
30.5%
Q1 24
34.1%
Operating Margin
GOGO
GOGO
GPRO
GPRO
Q4 25
6.2%
-4.1%
Q3 25
12.9%
-9.8%
Q2 25
15.9%
-9.2%
Q1 25
15.3%
-33.7%
Q4 24
-17.5%
-19.5%
Q3 24
19.0%
-3.1%
Q2 24
21.2%
-25.0%
Q1 24
33.2%
-26.6%
Net Margin
GOGO
GOGO
GPRO
GPRO
Q4 25
-4.3%
Q3 25
-0.9%
-13.0%
Q2 25
5.7%
-10.8%
Q1 25
5.2%
-34.8%
Q4 24
-20.5%
Q3 24
10.6%
-3.2%
Q2 24
0.8%
-25.7%
Q1 24
29.2%
-218.1%
EPS (diluted)
GOGO
GOGO
GPRO
GPRO
Q4 25
$-0.08
$-0.06
Q3 25
$-0.01
$-0.13
Q2 25
$0.09
$-0.10
Q1 25
$0.09
$-0.30
Q4 24
$-0.22
$-0.22
Q3 24
$0.08
$-0.05
Q2 24
$0.01
$-0.31
Q1 24
$0.23
$-2.24

Balance Sheet & Financial Strength

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

Metric
GOGO
GOGO
GPRO
GPRO
Cash + ST InvestmentsLiquidity on hand
$125.2M
$49.7M
Total DebtLower is stronger
$44.3M
Stockholders' EquityBook value
$101.1M
$76.5M
Total Assets
$1.3B
$428.0M
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOGO
GOGO
GPRO
GPRO
Q4 25
$125.2M
$49.7M
Q3 25
$133.6M
$152.8M
Q2 25
$102.1M
$58.6M
Q1 25
$70.3M
$69.6M
Q4 24
$41.8M
$102.8M
Q3 24
$176.7M
$130.2M
Q2 24
$161.6M
$133.0M
Q1 24
$152.8M
$133.7M
Total Debt
GOGO
GOGO
GPRO
GPRO
Q4 25
$44.3M
Q3 25
$43.9M
Q2 25
Q1 25
Q4 24
$0
Q3 24
$93.1M
Q2 24
$92.9M
Q1 24
$92.7M
Stockholders' Equity
GOGO
GOGO
GPRO
GPRO
Q4 25
$101.1M
$76.5M
Q3 25
$107.0M
$80.5M
Q2 25
$102.8M
$97.9M
Q1 25
$82.9M
$110.0M
Q4 24
$69.3M
$151.7M
Q3 24
$52.7M
$183.9M
Q2 24
$52.0M
$184.7M
Q1 24
$62.4M
$224.9M
Total Assets
GOGO
GOGO
GPRO
GPRO
Q4 25
$1.3B
$428.0M
Q3 25
$1.3B
$538.6M
Q2 25
$1.3B
$439.0M
Q1 25
$1.2B
$462.5M
Q4 24
$1.2B
$543.7M
Q3 24
$810.7M
$661.6M
Q2 24
$802.7M
$556.8M
Q1 24
$809.0M
$575.8M
Debt / Equity
GOGO
GOGO
GPRO
GPRO
Q4 25
0.58×
Q3 25
0.55×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.51×
Q2 24
0.50×
Q1 24
0.41×

Cash Flow & Capital Efficiency

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

Metric
GOGO
GOGO
GPRO
GPRO
Operating Cash FlowLast quarter
$8.5M
$15.6M
Free Cash FlowOCF − Capex
$-25.4M
$15.0M
FCF MarginFCF / Revenue
-11.0%
7.4%
Capex IntensityCapex / Revenue
14.7%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$65.1M
$-24.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOGO
GOGO
GPRO
GPRO
Q4 25
$8.5M
$15.6M
Q3 25
$46.8M
$12.2M
Q2 25
$36.7M
$8.8M
Q1 25
$32.5M
$-57.2M
Q4 24
$-38.3M
$-25.1M
Q3 24
$25.1M
$-2.2M
Q2 24
$24.9M
$605.0K
Q1 24
$29.7M
$-98.4M
Free Cash Flow
GOGO
GOGO
GPRO
GPRO
Q4 25
$-25.4M
$15.0M
Q3 25
$27.3M
$11.2M
Q2 25
$33.5M
$8.3M
Q1 25
$29.7M
$-58.5M
Q4 24
$-42.6M
$-25.5M
Q3 24
$20.7M
$-4.2M
Q2 24
$21.6M
$-111.0K
Q1 24
$28.2M
$-99.4M
FCF Margin
GOGO
GOGO
GPRO
GPRO
Q4 25
-11.0%
7.4%
Q3 25
12.2%
6.9%
Q2 25
14.8%
5.4%
Q1 25
12.9%
-43.5%
Q4 24
-30.9%
-12.7%
Q3 24
20.6%
-1.6%
Q2 24
21.1%
-0.1%
Q1 24
27.0%
-63.9%
Capex Intensity
GOGO
GOGO
GPRO
GPRO
Q4 25
14.7%
0.3%
Q3 25
8.7%
0.6%
Q2 25
1.4%
0.3%
Q1 25
1.2%
1.0%
Q4 24
3.1%
0.2%
Q3 24
4.4%
0.8%
Q2 24
3.3%
0.4%
Q1 24
1.4%
0.6%
Cash Conversion
GOGO
GOGO
GPRO
GPRO
Q4 25
Q3 25
Q2 25
2.87×
Q1 25
2.70×
Q4 24
Q3 24
2.36×
Q2 24
29.74×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GOGO
GOGO

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

GPRO
GPRO

Subscription And Services$106.3M53%
Other$95.4M47%

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