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

Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $120.4M, roughly 1.9× Hippo Holdings Inc.). Hippo Holdings Inc. runs the higher net margin — 5.0% vs -4.3%, a 9.3% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 18.2%). Hippo Holdings Inc. produced more free cash flow last quarter ($9.1M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 18.9%).

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...

Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.

GOGO vs HIPO — Head-to-Head

Bigger by revenue
GOGO
GOGO
1.9× larger
GOGO
$230.6M
$120.4M
HIPO
Growing faster (revenue YoY)
GOGO
GOGO
+49.2% gap
GOGO
67.3%
18.2%
HIPO
Higher net margin
HIPO
HIPO
9.3% more per $
HIPO
5.0%
-4.3%
GOGO
More free cash flow
HIPO
HIPO
$34.5M more FCF
HIPO
$9.1M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
18.9%
HIPO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOGO
GOGO
HIPO
HIPO
Revenue
$230.6M
$120.4M
Net Profit
$-10.0M
$6.0M
Gross Margin
Operating Margin
6.2%
5.6%
Net Margin
-4.3%
5.0%
Revenue YoY
67.3%
18.2%
Net Profit YoY
64.6%
-86.4%
EPS (diluted)
$-0.08
$0.31

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
HIPO
HIPO
Q4 25
$230.6M
$120.4M
Q3 25
$223.6M
$120.6M
Q2 25
$226.0M
$117.3M
Q1 25
$230.3M
$110.3M
Q4 24
$137.8M
$101.9M
Q3 24
$100.5M
$95.5M
Q2 24
$102.1M
$89.6M
Q1 24
$104.3M
$85.1M
Net Profit
GOGO
GOGO
HIPO
HIPO
Q4 25
$-10.0M
$6.0M
Q3 25
$-1.9M
$98.1M
Q2 25
$12.8M
$1.3M
Q1 25
$12.0M
$-47.7M
Q4 24
$-28.2M
$44.2M
Q3 24
$10.6M
$-8.5M
Q2 24
$839.0K
$-40.5M
Q1 24
$30.5M
$-35.7M
Gross Margin
GOGO
GOGO
HIPO
HIPO
Q4 25
Q3 25
Q2 25
87.8%
Q1 25
87.3%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
GOGO
GOGO
HIPO
HIPO
Q4 25
6.2%
5.6%
Q3 25
12.9%
81.3%
Q2 25
15.9%
3.4%
Q1 25
15.3%
-41.3%
Q4 24
-17.5%
46.3%
Q3 24
19.0%
-5.4%
Q2 24
21.2%
-40.7%
Q1 24
33.2%
-38.7%
Net Margin
GOGO
GOGO
HIPO
HIPO
Q4 25
-4.3%
5.0%
Q3 25
-0.9%
81.3%
Q2 25
5.7%
1.1%
Q1 25
5.2%
-43.2%
Q4 24
-20.5%
43.4%
Q3 24
10.6%
-8.9%
Q2 24
0.8%
-45.2%
Q1 24
29.2%
-42.0%
EPS (diluted)
GOGO
GOGO
HIPO
HIPO
Q4 25
$-0.08
$0.31
Q3 25
$-0.01
$3.77
Q2 25
$0.09
$0.05
Q1 25
$0.09
$-1.91
Q4 24
$-0.22
$1.81
Q3 24
$0.08
$-0.34
Q2 24
$0.01
$-1.64
Q1 24
$0.23
$-1.47

Balance Sheet & Financial Strength

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

Metric
GOGO
GOGO
HIPO
HIPO
Cash + ST InvestmentsLiquidity on hand
$125.2M
$218.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$101.1M
$436.1M
Total Assets
$1.3B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOGO
GOGO
HIPO
HIPO
Q4 25
$125.2M
$218.3M
Q3 25
$133.6M
$247.7M
Q2 25
$102.1M
$198.9M
Q1 25
$70.3M
$140.9M
Q4 24
$41.8M
$197.6M
Q3 24
$176.7M
$191.2M
Q2 24
$161.6M
$175.9M
Q1 24
$152.8M
$223.4M
Stockholders' Equity
GOGO
GOGO
HIPO
HIPO
Q4 25
$101.1M
$436.1M
Q3 25
$107.0M
$421.5M
Q2 25
$102.8M
$332.5M
Q1 25
$82.9M
$322.8M
Q4 24
$69.3M
$362.1M
Q3 24
$52.7M
$326.4M
Q2 24
$52.0M
$322.6M
Q1 24
$62.4M
$351.2M
Total Assets
GOGO
GOGO
HIPO
HIPO
Q4 25
$1.3B
$1.9B
Q3 25
$1.3B
$1.9B
Q2 25
$1.3B
$1.7B
Q1 25
$1.2B
$1.5B
Q4 24
$1.2B
$1.5B
Q3 24
$810.7M
$1.5B
Q2 24
$802.7M
$1.5B
Q1 24
$809.0M
$1.5B

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
HIPO
HIPO
Operating Cash FlowLast quarter
$8.5M
$9.2M
Free Cash FlowOCF − Capex
$-25.4M
$9.1M
FCF MarginFCF / Revenue
-11.0%
7.6%
Capex IntensityCapex / Revenue
14.7%
0.1%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters
$65.1M
$14.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOGO
GOGO
HIPO
HIPO
Q4 25
$8.5M
$9.2M
Q3 25
$46.8M
$16.9M
Q2 25
$36.7M
$24.7M
Q1 25
$32.5M
$-35.6M
Q4 24
$-38.3M
$47.5M
Q3 24
$25.1M
$46.8M
Q2 24
$24.9M
$-10.6M
Q1 24
$29.7M
$17.7M
Free Cash Flow
GOGO
GOGO
HIPO
HIPO
Q4 25
$-25.4M
$9.1M
Q3 25
$27.3M
$16.8M
Q2 25
$33.5M
$24.6M
Q1 25
$29.7M
$-35.7M
Q4 24
$-42.6M
$47.2M
Q3 24
$20.7M
Q2 24
$21.6M
$-10.7M
Q1 24
$28.2M
$17.6M
FCF Margin
GOGO
GOGO
HIPO
HIPO
Q4 25
-11.0%
7.6%
Q3 25
12.2%
13.9%
Q2 25
14.8%
21.0%
Q1 25
12.9%
-32.4%
Q4 24
-30.9%
46.3%
Q3 24
20.6%
Q2 24
21.1%
-11.9%
Q1 24
27.0%
20.7%
Capex Intensity
GOGO
GOGO
HIPO
HIPO
Q4 25
14.7%
0.1%
Q3 25
8.7%
0.1%
Q2 25
1.4%
0.1%
Q1 25
1.2%
0.1%
Q4 24
3.1%
0.3%
Q3 24
4.4%
0.0%
Q2 24
3.3%
0.1%
Q1 24
1.4%
0.1%
Cash Conversion
GOGO
GOGO
HIPO
HIPO
Q4 25
1.53×
Q3 25
0.17×
Q2 25
2.87×
19.00×
Q1 25
2.70×
Q4 24
1.07×
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%

HIPO
HIPO

Segment breakdown not available.

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