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Side-by-side financial comparison of Gogo Inc. (GOGO) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $140.7M, roughly 1.6× Purple Innovation, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -4.3%, a 2.1% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 9.1%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 8.3%).
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...
Purple Carrot is a Needham, Massachusetts-based, and 100% plant-based meal kit company. Founded by Andy Levitt, it offers both prepared meals as well as meal kits to subscribers weekly. As stated in a 2022 article in Cosmopolitan, “each Purple Carrot meal kit results in 72% less carbon being released into the atmosphere as compared to the standard American meal.”
GOGO vs PRPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $230.6M | $140.7M |
| Net Profit | $-10.0M | $-3.2M |
| Gross Margin | — | 41.9% |
| Operating Margin | 6.2% | -1.6% |
| Net Margin | -4.3% | -2.3% |
| Revenue YoY | 67.3% | 9.1% |
| Net Profit YoY | 64.6% | 62.1% |
| EPS (diluted) | $-0.08 | $0.03 |
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 | $140.7M | ||
| Q3 25 | $223.6M | $118.8M | ||
| Q2 25 | $226.0M | $105.1M | ||
| Q1 25 | $230.3M | $104.2M | ||
| Q4 24 | $137.8M | $129.0M | ||
| Q3 24 | $100.5M | $118.6M | ||
| Q2 24 | $102.1M | $120.3M | ||
| Q1 24 | $104.3M | $120.0M |
| Q4 25 | $-10.0M | $-3.2M | ||
| Q3 25 | $-1.9M | $-11.7M | ||
| Q2 25 | $12.8M | $-17.3M | ||
| Q1 25 | $12.0M | $-19.1M | ||
| Q4 24 | $-28.2M | $-8.5M | ||
| Q3 24 | $10.6M | $-39.2M | ||
| Q2 24 | $839.0K | $27.0K | ||
| Q1 24 | $30.5M | $-50.2M |
| Q4 25 | — | 41.9% | ||
| Q3 25 | — | 42.8% | ||
| Q2 25 | 87.8% | 35.9% | ||
| Q1 25 | 87.3% | 39.4% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 29.7% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 34.8% |
| Q4 25 | 6.2% | -1.6% | ||
| Q3 25 | 12.9% | -10.2% | ||
| Q2 25 | 15.9% | -13.5% | ||
| Q1 25 | 15.3% | -13.9% | ||
| Q4 24 | -17.5% | -6.0% | ||
| Q3 24 | 19.0% | -39.5% | ||
| Q2 24 | 21.2% | -12.1% | ||
| Q1 24 | 33.2% | -19.3% |
| Q4 25 | -4.3% | -2.3% | ||
| Q3 25 | -0.9% | -9.9% | ||
| Q2 25 | 5.7% | -16.5% | ||
| Q1 25 | 5.2% | -18.4% | ||
| Q4 24 | -20.5% | -6.6% | ||
| Q3 24 | 10.6% | -33.1% | ||
| Q2 24 | 0.8% | 0.0% | ||
| Q1 24 | 29.2% | -41.8% |
| Q4 25 | $-0.08 | $0.03 | ||
| Q3 25 | $-0.01 | $0.11 | ||
| Q2 25 | $0.09 | $0.16 | ||
| Q1 25 | $0.09 | $0.18 | ||
| Q4 24 | $-0.22 | $0.08 | ||
| Q3 24 | $0.08 | $0.36 | ||
| Q2 24 | $0.01 | $0.00 | ||
| Q1 24 | $0.23 | $0.47 |
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 | $24.3M |
| Total DebtLower is stronger | — | $126.7M |
| Stockholders' EquityBook value | $101.1M | $-29.7M |
| Total Assets | $1.3B | $296.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | $24.3M | ||
| Q3 25 | $133.6M | $32.4M | ||
| Q2 25 | $102.1M | $34.2M | ||
| Q1 25 | $70.3M | $21.6M | ||
| Q4 24 | $41.8M | $29.0M | ||
| Q3 24 | $176.7M | $23.4M | ||
| Q2 24 | $161.6M | $23.4M | ||
| Q1 24 | $152.8M | $34.5M |
| Q4 25 | — | $126.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $101.1M | $-29.7M | ||
| Q3 25 | $107.0M | $-26.9M | ||
| Q2 25 | $102.8M | $-15.6M | ||
| Q1 25 | $82.9M | $1.3M | ||
| Q4 24 | $69.3M | $20.2M | ||
| Q3 24 | $52.7M | $28.0M | ||
| Q2 24 | $52.0M | $66.4M | ||
| Q1 24 | $62.4M | $65.5M |
| Q4 25 | $1.3B | $296.3M | ||
| Q3 25 | $1.3B | $302.1M | ||
| Q2 25 | $1.3B | $303.8M | ||
| Q1 25 | $1.2B | $293.8M | ||
| Q4 24 | $1.2B | $307.8M | ||
| Q3 24 | $810.7M | $309.3M | ||
| Q2 24 | $802.7M | $362.1M | ||
| Q1 24 | $809.0M | $382.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-5.8M |
| Free Cash FlowOCF − Capex | $-25.4M | $-7.8M |
| FCF MarginFCF / Revenue | -11.0% | -5.5% |
| Capex IntensityCapex / Revenue | 14.7% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.1M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.5M | $-5.8M | ||
| Q3 25 | $46.8M | $-968.0K | ||
| Q2 25 | $36.7M | $-4.0M | ||
| Q1 25 | $32.5M | $-23.1M | ||
| Q4 24 | $-38.3M | $6.8M | ||
| Q3 24 | $25.1M | $1.1M | ||
| Q2 24 | $24.9M | $-8.9M | ||
| Q1 24 | $29.7M | $-16.8M |
| Q4 25 | $-25.4M | $-7.8M | ||
| Q3 25 | $27.3M | $-1.8M | ||
| Q2 25 | $33.5M | $-7.0M | ||
| Q1 25 | $29.7M | $-25.3M | ||
| Q4 24 | $-42.6M | $5.7M | ||
| Q3 24 | $20.7M | $101.0K | ||
| Q2 24 | $21.6M | $-11.0M | ||
| Q1 24 | $28.2M | $-19.9M |
| Q4 25 | -11.0% | -5.5% | ||
| Q3 25 | 12.2% | -1.5% | ||
| Q2 25 | 14.8% | -6.6% | ||
| Q1 25 | 12.9% | -24.3% | ||
| Q4 24 | -30.9% | 4.4% | ||
| Q3 24 | 20.6% | 0.1% | ||
| Q2 24 | 21.1% | -9.2% | ||
| Q1 24 | 27.0% | -16.5% |
| Q4 25 | 14.7% | 1.4% | ||
| Q3 25 | 8.7% | 0.7% | ||
| Q2 25 | 1.4% | 2.8% | ||
| Q1 25 | 1.2% | 2.2% | ||
| Q4 24 | 3.1% | 0.8% | ||
| Q3 24 | 4.4% | 0.9% | ||
| Q2 24 | 3.3% | 1.7% | ||
| Q1 24 | 1.4% | 2.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.87× | — | ||
| Q1 25 | 2.70× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.36× | — | ||
| Q2 24 | 29.74× | -330.22× | ||
| Q1 24 | 0.97× | — |
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% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
