vs

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

loanDepot, Inc. is the larger business by last-quarter revenue ($310.3M vs $230.6M, roughly 1.3× Gogo Inc.). Gogo Inc. runs the higher net margin — -4.3% vs -7.2%, a 2.9% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 20.5%). Gogo Inc. produced more free cash flow last quarter ($-25.4M vs $-648.0M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 18.0%).

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...

LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.

GOGO vs LDI — Head-to-Head

Bigger by revenue
LDI
LDI
1.3× larger
LDI
$310.3M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+46.8% gap
GOGO
67.3%
20.5%
LDI
Higher net margin
GOGO
GOGO
2.9% more per $
GOGO
-4.3%
-7.2%
LDI
More free cash flow
GOGO
GOGO
$622.6M more FCF
GOGO
$-25.4M
$-648.0M
LDI
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
18.0%
LDI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOGO
GOGO
LDI
LDI
Revenue
$230.6M
$310.3M
Net Profit
$-10.0M
$-22.5M
Gross Margin
Operating Margin
6.2%
-10.3%
Net Margin
-4.3%
-7.2%
Revenue YoY
67.3%
20.5%
Net Profit YoY
64.6%
32.4%
EPS (diluted)
$-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
GOGO
GOGO
LDI
LDI
Q4 25
$230.6M
$310.3M
Q3 25
$223.6M
$323.3M
Q2 25
$226.0M
$282.5M
Q1 25
$230.3M
$273.6M
Q4 24
$137.8M
$257.5M
Q3 24
$100.5M
$314.6M
Q2 24
$102.1M
$265.4M
Q1 24
$104.3M
$222.8M
Net Profit
GOGO
GOGO
LDI
LDI
Q4 25
$-10.0M
$-22.5M
Q3 25
$-1.9M
$-4.9M
Q2 25
$12.8M
$-13.4M
Q1 25
$12.0M
$-21.9M
Q4 24
$-28.2M
$-33.2M
Q3 24
$10.6M
$1.4M
Q2 24
$839.0K
$-32.2M
Q1 24
$30.5M
$-34.3M
Gross Margin
GOGO
GOGO
LDI
LDI
Q4 25
Q3 25
Q2 25
87.8%
Q1 25
87.3%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
GOGO
GOGO
LDI
LDI
Q4 25
6.2%
-10.3%
Q3 25
12.9%
-3.2%
Q2 25
15.9%
-11.4%
Q1 25
15.3%
-16.8%
Q4 24
-17.5%
-32.7%
Q3 24
19.0%
1.1%
Q2 24
21.2%
-29.1%
Q1 24
33.2%
-38.2%
Net Margin
GOGO
GOGO
LDI
LDI
Q4 25
-4.3%
-7.2%
Q3 25
-0.9%
-1.5%
Q2 25
5.7%
-4.7%
Q1 25
5.2%
-8.0%
Q4 24
-20.5%
-12.9%
Q3 24
10.6%
0.4%
Q2 24
0.8%
-12.1%
Q1 24
29.2%
-15.4%
EPS (diluted)
GOGO
GOGO
LDI
LDI
Q4 25
$-0.08
Q3 25
$-0.01
Q2 25
$0.09
Q1 25
$0.09
Q4 24
$-0.22
Q3 24
$0.08
$0.01
Q2 24
$0.01
$-0.18
Q1 24
$0.23
$-0.19

Balance Sheet & Financial Strength

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

Metric
GOGO
GOGO
LDI
LDI
Cash + ST InvestmentsLiquidity on hand
$125.2M
$337.2M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$101.1M
$386.0M
Total Assets
$1.3B
$6.9B
Debt / EquityLower = less leverage
5.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOGO
GOGO
LDI
LDI
Q4 25
$125.2M
$337.2M
Q3 25
$133.6M
$459.2M
Q2 25
$102.1M
$408.6M
Q1 25
$70.3M
$371.5M
Q4 24
$41.8M
$421.6M
Q3 24
$176.7M
$483.0M
Q2 24
$161.6M
$533.2M
Q1 24
$152.8M
$603.7M
Total Debt
GOGO
GOGO
LDI
LDI
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$2.3B
Stockholders' Equity
GOGO
GOGO
LDI
LDI
Q4 25
$101.1M
$386.0M
Q3 25
$107.0M
$433.3M
Q2 25
$102.8M
$439.1M
Q1 25
$82.9M
$469.3M
Q4 24
$69.3M
$506.6M
Q3 24
$52.7M
$592.0M
Q2 24
$52.0M
$578.9M
Q1 24
$62.4M
$637.3M
Total Assets
GOGO
GOGO
LDI
LDI
Q4 25
$1.3B
$6.9B
Q3 25
$1.3B
$6.2B
Q2 25
$1.3B
$6.2B
Q1 25
$1.2B
$6.4B
Q4 24
$1.2B
$6.3B
Q3 24
$810.7M
$6.4B
Q2 24
$802.7M
$5.9B
Q1 24
$809.0M
$6.2B
Debt / Equity
GOGO
GOGO
LDI
LDI
Q4 25
5.44×
Q3 25
4.83×
Q2 25
4.70×
Q1 25
4.30×
Q4 24
4.00×
Q3 24
3.31×
Q2 24
3.41×
Q1 24
3.63×

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
LDI
LDI
Operating Cash FlowLast quarter
$8.5M
$-638.7M
Free Cash FlowOCF − Capex
$-25.4M
$-648.0M
FCF MarginFCF / Revenue
-11.0%
-208.9%
Capex IntensityCapex / Revenue
14.7%
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$65.1M
$-734.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOGO
GOGO
LDI
LDI
Q4 25
$8.5M
$-638.7M
Q3 25
$46.8M
$43.4M
Q2 25
$36.7M
$67.6M
Q1 25
$32.5M
$-179.9M
Q4 24
$-38.3M
$47.7M
Q3 24
$25.1M
$-349.2M
Q2 24
$24.9M
$-278.3M
Q1 24
$29.7M
$-278.5M
Free Cash Flow
GOGO
GOGO
LDI
LDI
Q4 25
$-25.4M
$-648.0M
Q3 25
$27.3M
$38.7M
Q2 25
$33.5M
$61.4M
Q1 25
$29.7M
$-186.7M
Q4 24
$-42.6M
$40.8M
Q3 24
$20.7M
$-356.4M
Q2 24
$21.6M
$-285.7M
Q1 24
$28.2M
$-283.3M
FCF Margin
GOGO
GOGO
LDI
LDI
Q4 25
-11.0%
-208.9%
Q3 25
12.2%
12.0%
Q2 25
14.8%
21.7%
Q1 25
12.9%
-68.2%
Q4 24
-30.9%
15.8%
Q3 24
20.6%
-113.3%
Q2 24
21.1%
-107.7%
Q1 24
27.0%
-127.2%
Capex Intensity
GOGO
GOGO
LDI
LDI
Q4 25
14.7%
3.0%
Q3 25
8.7%
1.5%
Q2 25
1.4%
2.2%
Q1 25
1.2%
2.5%
Q4 24
3.1%
2.7%
Q3 24
4.4%
2.3%
Q2 24
3.3%
2.8%
Q1 24
1.4%
2.1%
Cash Conversion
GOGO
GOGO
LDI
LDI
Q4 25
Q3 25
Q2 25
2.87×
Q1 25
2.70×
Q4 24
Q3 24
2.36×
-255.05×
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%

LDI
LDI

Segment breakdown not available.

Related Comparisons