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

INNOSPEC INC. is the larger business by last-quarter revenue ($453.2M vs $230.6M, roughly 2.0× Gogo Inc.). INNOSPEC INC. runs the higher net margin — 6.8% vs -4.3%, a 11.1% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 2.8%). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 2.1%).

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...

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units:The Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals.

GOGO vs IOSP — Head-to-Head

Bigger by revenue
IOSP
IOSP
2.0× larger
IOSP
$453.2M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+64.5% gap
GOGO
67.3%
2.8%
IOSP
Higher net margin
IOSP
IOSP
11.1% more per $
IOSP
6.8%
-4.3%
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
2.1%
IOSP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GOGO
GOGO
IOSP
IOSP
Revenue
$230.6M
$453.2M
Net Profit
$-10.0M
$30.8M
Gross Margin
27.3%
Operating Margin
6.2%
8.1%
Net Margin
-4.3%
6.8%
Revenue YoY
67.3%
2.8%
Net Profit YoY
64.6%
-8.3%
EPS (diluted)
$-0.08
$1.22

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
IOSP
IOSP
Q1 26
$453.2M
Q4 25
$230.6M
$455.6M
Q3 25
$223.6M
$441.9M
Q2 25
$226.0M
$439.7M
Q1 25
$230.3M
$440.8M
Q4 24
$137.8M
$466.8M
Q3 24
$100.5M
$443.4M
Q2 24
$102.1M
$435.0M
Net Profit
GOGO
GOGO
IOSP
IOSP
Q1 26
$30.8M
Q4 25
$-10.0M
$47.4M
Q3 25
$-1.9M
$12.9M
Q2 25
$12.8M
$23.5M
Q1 25
$12.0M
$32.8M
Q4 24
$-28.2M
$-70.4M
Q3 24
$10.6M
$33.4M
Q2 24
$839.0K
$31.2M
Gross Margin
GOGO
GOGO
IOSP
IOSP
Q1 26
27.3%
Q4 25
28.0%
Q3 25
26.4%
Q2 25
87.8%
28.0%
Q1 25
87.3%
28.4%
Q4 24
29.2%
Q3 24
28.0%
Q2 24
29.2%
Operating Margin
GOGO
GOGO
IOSP
IOSP
Q1 26
8.1%
Q4 25
6.2%
10.3%
Q3 25
12.9%
1.3%
Q2 25
15.9%
7.8%
Q1 25
15.3%
9.6%
Q4 24
-17.5%
8.8%
Q3 24
19.0%
10.3%
Q2 24
21.2%
9.4%
Net Margin
GOGO
GOGO
IOSP
IOSP
Q1 26
6.8%
Q4 25
-4.3%
10.4%
Q3 25
-0.9%
2.9%
Q2 25
5.7%
5.3%
Q1 25
5.2%
7.4%
Q4 24
-20.5%
-15.1%
Q3 24
10.6%
7.5%
Q2 24
0.8%
7.2%
EPS (diluted)
GOGO
GOGO
IOSP
IOSP
Q1 26
$1.22
Q4 25
$-0.08
$1.90
Q3 25
$-0.01
$0.52
Q2 25
$0.09
$0.94
Q1 25
$0.09
$1.31
Q4 24
$-0.22
$-2.80
Q3 24
$0.08
$1.33
Q2 24
$0.01
$1.24

Balance Sheet & Financial Strength

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

Metric
GOGO
GOGO
IOSP
IOSP
Cash + ST InvestmentsLiquidity on hand
$125.2M
$289.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$101.1M
$1.4B
Total Assets
$1.3B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOGO
GOGO
IOSP
IOSP
Q1 26
$289.1M
Q4 25
$125.2M
$292.5M
Q3 25
$133.6M
$270.8M
Q2 25
$102.1M
$266.6M
Q1 25
$70.3M
$299.8M
Q4 24
$41.8M
$289.2M
Q3 24
$176.7M
$303.8M
Q2 24
$161.6M
$240.2M
Stockholders' Equity
GOGO
GOGO
IOSP
IOSP
Q1 26
$1.4B
Q4 25
$101.1M
$1.3B
Q3 25
$107.0M
$1.3B
Q2 25
$102.8M
$1.3B
Q1 25
$82.9M
$1.3B
Q4 24
$69.3M
$1.2B
Q3 24
$52.7M
$1.2B
Q2 24
$52.0M
$1.2B
Total Assets
GOGO
GOGO
IOSP
IOSP
Q1 26
$1.8B
Q4 25
$1.3B
$1.8B
Q3 25
$1.3B
$1.8B
Q2 25
$1.3B
$1.8B
Q1 25
$1.2B
$1.8B
Q4 24
$1.2B
$1.7B
Q3 24
$810.7M
$1.8B
Q2 24
$802.7M
$1.7B

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
IOSP
IOSP
Operating Cash FlowLast quarter
$8.5M
$17.6M
Free Cash FlowOCF − Capex
$-25.4M
FCF MarginFCF / Revenue
-11.0%
Capex IntensityCapex / Revenue
14.7%
2.0%
Cash ConversionOCF / Net Profit
0.57×
TTM Free Cash FlowTrailing 4 quarters
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOGO
GOGO
IOSP
IOSP
Q1 26
$17.6M
Q4 25
$8.5M
$61.4M
Q3 25
$46.8M
$39.3M
Q2 25
$36.7M
$9.3M
Q1 25
$32.5M
$28.3M
Q4 24
$-38.3M
$25.7M
Q3 24
$25.1M
$73.5M
Q2 24
$24.9M
$4.7M
Free Cash Flow
GOGO
GOGO
IOSP
IOSP
Q1 26
Q4 25
$-25.4M
$46.8M
Q3 25
$27.3M
$25.0M
Q2 25
$33.5M
$-3.7M
Q1 25
$29.7M
$19.9M
Q4 24
$-42.6M
$13.6M
Q3 24
$20.7M
$65.8M
Q2 24
$21.6M
$-6.2M
FCF Margin
GOGO
GOGO
IOSP
IOSP
Q1 26
Q4 25
-11.0%
10.3%
Q3 25
12.2%
5.7%
Q2 25
14.8%
-0.8%
Q1 25
12.9%
4.5%
Q4 24
-30.9%
2.9%
Q3 24
20.6%
14.8%
Q2 24
21.1%
-1.4%
Capex Intensity
GOGO
GOGO
IOSP
IOSP
Q1 26
2.0%
Q4 25
14.7%
3.2%
Q3 25
8.7%
3.2%
Q2 25
1.4%
3.0%
Q1 25
1.2%
1.9%
Q4 24
3.1%
2.6%
Q3 24
4.4%
1.7%
Q2 24
3.3%
2.5%
Cash Conversion
GOGO
GOGO
IOSP
IOSP
Q1 26
0.57×
Q4 25
1.30×
Q3 25
3.05×
Q2 25
2.87×
0.40×
Q1 25
2.70×
0.86×
Q4 24
Q3 24
2.36×
2.20×
Q2 24
29.74×
0.15×

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%

IOSP
IOSP

Segment breakdown not available.

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