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Side-by-side financial comparison of Gogo Inc. (GOGO) and Loar Holdings Inc. (LOAR). Click either name above to swap in a different company.
Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $131.8M, roughly 1.7× Loar Holdings Inc.). Loar Holdings Inc. runs the higher net margin — 9.5% vs -4.3%, a 13.8% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 19.3%). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 19.8%).
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...
GOGO vs LOAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $230.6M | $131.8M |
| Net Profit | $-10.0M | $12.5M |
| Gross Margin | — | 52.1% |
| Operating Margin | 6.2% | 18.0% |
| Net Margin | -4.3% | 9.5% |
| Revenue YoY | 67.3% | 19.3% |
| Net Profit YoY | 64.6% | 239.5% |
| EPS (diluted) | $-0.08 | $0.13 |
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.
| Q4 25 | $230.6M | $131.8M | ||
| Q3 25 | $223.6M | $126.8M | ||
| Q2 25 | $226.0M | $123.1M | ||
| Q1 25 | $230.3M | $114.7M | ||
| Q4 24 | $137.8M | $110.4M | ||
| Q3 24 | $100.5M | $103.5M | ||
| Q2 24 | $102.1M | $97.0M | ||
| Q1 24 | $104.3M | $91.8M |
| Q4 25 | $-10.0M | $12.5M | ||
| Q3 25 | $-1.9M | $27.6M | ||
| Q2 25 | $12.8M | $16.7M | ||
| Q1 25 | $12.0M | $15.3M | ||
| Q4 24 | $-28.2M | $3.7M | ||
| Q3 24 | $10.6M | $8.7M | ||
| Q2 24 | $839.0K | $7.6M | ||
| Q1 24 | $30.5M | $2.2M |
| Q4 25 | — | 52.1% | ||
| Q3 25 | — | 52.7% | ||
| Q2 25 | 87.8% | 53.8% | ||
| Q1 25 | 87.3% | 52.1% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 49.0% | ||
| Q1 24 | — | 48.4% |
| Q4 25 | 6.2% | 18.0% | ||
| Q3 25 | 12.9% | 22.9% | ||
| Q2 25 | 15.9% | 22.2% | ||
| Q1 25 | 15.3% | 22.8% | ||
| Q4 24 | -17.5% | 19.2% | ||
| Q3 24 | 19.0% | 22.1% | ||
| Q2 24 | 21.2% | 22.9% | ||
| Q1 24 | 33.2% | 23.3% |
| Q4 25 | -4.3% | 9.5% | ||
| Q3 25 | -0.9% | 21.8% | ||
| Q2 25 | 5.7% | 13.6% | ||
| Q1 25 | 5.2% | 13.4% | ||
| Q4 24 | -20.5% | 3.3% | ||
| Q3 24 | 10.6% | 8.4% | ||
| Q2 24 | 0.8% | 7.9% | ||
| Q1 24 | 29.2% | 2.4% |
| Q4 25 | $-0.08 | $0.13 | ||
| Q3 25 | $-0.01 | $0.29 | ||
| Q2 25 | $0.09 | $0.17 | ||
| Q1 25 | $0.09 | $0.16 | ||
| Q4 24 | $-0.22 | $-11023.48 | ||
| Q3 24 | $0.08 | $0.09 | ||
| Q2 24 | $0.01 | $0.09 | ||
| Q1 24 | $0.23 | $11023.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $125.2M | $84.8M |
| Total DebtLower is stronger | — | $715.7M |
| Stockholders' EquityBook value | $101.1M | $1.2B |
| Total Assets | $1.3B | $2.0B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | $84.8M | ||
| Q3 25 | $133.6M | $99.0M | ||
| Q2 25 | $102.1M | $103.3M | ||
| Q1 25 | $70.3M | $80.5M | ||
| Q4 24 | $41.8M | $54.1M | ||
| Q3 24 | $176.7M | $55.2M | ||
| Q2 24 | $161.6M | $73.2M | ||
| Q1 24 | $152.8M | $28.2M |
| Q4 25 | — | $715.7M | ||
| Q3 25 | — | $279.4M | ||
| Q2 25 | — | $277.7M | ||
| Q1 25 | — | $277.5M | ||
| Q4 24 | — | $277.3M | ||
| Q3 24 | — | $602.1M | ||
| Q2 24 | — | $250.7M | ||
| Q1 24 | — | $534.2M |
| Q4 25 | $101.1M | $1.2B | ||
| Q3 25 | $107.0M | $1.2B | ||
| Q2 25 | $102.8M | $1.1B | ||
| Q1 25 | $82.9M | $1.1B | ||
| Q4 24 | $69.3M | $1.1B | ||
| Q3 24 | $52.7M | $769.8M | ||
| Q2 24 | $52.0M | $758.4M | ||
| Q1 24 | $62.4M | $420.6M |
| Q4 25 | $1.3B | $2.0B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $810.7M | $1.5B | ||
| Q2 24 | $802.7M | $1.1B | ||
| Q1 24 | $809.0M | $1.1B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 1.27× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.5M | $30.4M |
| Free Cash FlowOCF − Capex | $-25.4M | — |
| FCF MarginFCF / Revenue | -11.0% | — |
| Capex IntensityCapex / Revenue | 14.7% | — |
| Cash ConversionOCF / Net Profit | — | 2.43× |
| TTM Free Cash FlowTrailing 4 quarters | $65.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.5M | $30.4M | ||
| Q3 25 | $46.8M | $29.7M | ||
| Q2 25 | $36.7M | $23.8M | ||
| Q1 25 | $32.5M | $28.4M | ||
| Q4 24 | $-38.3M | $20.7M | ||
| Q3 24 | $25.1M | $16.3M | ||
| Q2 24 | $24.9M | $7.1M | ||
| Q1 24 | $29.7M | $10.8M |
| Q4 25 | $-25.4M | — | ||
| Q3 25 | $27.3M | — | ||
| Q2 25 | $33.5M | — | ||
| Q1 25 | $29.7M | — | ||
| Q4 24 | $-42.6M | — | ||
| Q3 24 | $20.7M | — | ||
| Q2 24 | $21.6M | — | ||
| Q1 24 | $28.2M | — |
| Q4 25 | -11.0% | — | ||
| Q3 25 | 12.2% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 12.9% | — | ||
| Q4 24 | -30.9% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 21.1% | — | ||
| Q1 24 | 27.0% | — |
| Q4 25 | 14.7% | — | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.3% | — | ||
| Q1 24 | 1.4% | — |
| Q4 25 | — | 2.43× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | 2.87× | 1.42× | ||
| Q1 25 | 2.70× | 1.85× | ||
| Q4 24 | — | 5.62× | ||
| Q3 24 | 2.36× | 1.89× | ||
| Q2 24 | 29.74× | 0.93× | ||
| Q1 24 | 0.97× | 4.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOGO
| Services | $191.9M | 83% |
| Products | $38.7M | 17% |
| Fcc Reimbursement Program | $2.0M | 1% |
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
