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Side-by-side financial comparison of Gogo Inc. (GOGO) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $191.2M, roughly 1.2× POWER SOLUTIONS INTERNATIONAL, INC.). POWER SOLUTIONS INTERNATIONAL, INC. runs the higher net margin — 8.4% vs -4.3%, a 12.7% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 32.5%). POWER SOLUTIONS INTERNATIONAL, INC. produced more free cash flow last quarter ($-7.6M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 41.7%).

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...

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

GOGO vs PSIX — Head-to-Head

Bigger by revenue
GOGO
GOGO
1.2× larger
GOGO
$230.6M
$191.2M
PSIX
Growing faster (revenue YoY)
GOGO
GOGO
+34.8% gap
GOGO
67.3%
32.5%
PSIX
Higher net margin
PSIX
PSIX
12.7% more per $
PSIX
8.4%
-4.3%
GOGO
More free cash flow
PSIX
PSIX
$17.8M more FCF
PSIX
$-7.6M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
41.7%
PSIX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOGO
GOGO
PSIX
PSIX
Revenue
$230.6M
$191.2M
Net Profit
$-10.0M
$16.1M
Gross Margin
21.9%
Operating Margin
6.2%
12.7%
Net Margin
-4.3%
8.4%
Revenue YoY
67.3%
32.5%
Net Profit YoY
64.6%
-31.0%
EPS (diluted)
$-0.08
$0.69

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
PSIX
PSIX
Q4 25
$230.6M
$191.2M
Q3 25
$223.6M
$203.8M
Q2 25
$226.0M
$191.9M
Q1 25
$230.3M
$135.4M
Q4 24
$137.8M
$144.3M
Q3 24
$100.5M
$125.8M
Q2 24
$102.1M
$110.6M
Q1 24
$104.3M
$95.2M
Net Profit
GOGO
GOGO
PSIX
PSIX
Q4 25
$-10.0M
$16.1M
Q3 25
$-1.9M
$27.6M
Q2 25
$12.8M
$51.2M
Q1 25
$12.0M
$19.1M
Q4 24
$-28.2M
$23.3M
Q3 24
$10.6M
$17.3M
Q2 24
$839.0K
$21.5M
Q1 24
$30.5M
$7.1M
Gross Margin
GOGO
GOGO
PSIX
PSIX
Q4 25
21.9%
Q3 25
23.9%
Q2 25
87.8%
28.2%
Q1 25
87.3%
29.7%
Q4 24
29.9%
Q3 24
28.9%
Q2 24
31.8%
Q1 24
27.0%
Operating Margin
GOGO
GOGO
PSIX
PSIX
Q4 25
6.2%
12.7%
Q3 25
12.9%
13.9%
Q2 25
15.9%
16.9%
Q1 25
15.3%
18.2%
Q4 24
-17.5%
17.5%
Q3 24
19.0%
16.3%
Q2 24
21.2%
22.9%
Q1 24
33.2%
11.2%
Net Margin
GOGO
GOGO
PSIX
PSIX
Q4 25
-4.3%
8.4%
Q3 25
-0.9%
13.5%
Q2 25
5.7%
26.7%
Q1 25
5.2%
14.1%
Q4 24
-20.5%
16.1%
Q3 24
10.6%
13.8%
Q2 24
0.8%
19.5%
Q1 24
29.2%
7.5%
EPS (diluted)
GOGO
GOGO
PSIX
PSIX
Q4 25
$-0.08
$0.69
Q3 25
$-0.01
$1.20
Q2 25
$0.09
$2.22
Q1 25
$0.09
$0.83
Q4 24
$-0.22
$1.01
Q3 24
$0.08
$0.75
Q2 24
$0.01
$0.94
Q1 24
$0.23
$0.31

Balance Sheet & Financial Strength

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

Metric
GOGO
GOGO
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$125.2M
$41.3M
Total DebtLower is stronger
$96.6M
Stockholders' EquityBook value
$101.1M
$178.6M
Total Assets
$1.3B
$424.7M
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOGO
GOGO
PSIX
PSIX
Q4 25
$125.2M
$41.3M
Q3 25
$133.6M
$49.0M
Q2 25
$102.1M
$49.5M
Q1 25
$70.3M
$50.0M
Q4 24
$41.8M
$55.3M
Q3 24
$176.7M
$40.5M
Q2 24
$161.6M
$28.8M
Q1 24
$152.8M
$33.1M
Total Debt
GOGO
GOGO
PSIX
PSIX
Q4 25
$96.6M
Q3 25
$96.7M
Q2 25
$1.8M
Q1 25
$1.0M
Q4 24
$184.0K
Q3 24
$238.0K
Q2 24
$292.0K
Q1 24
$345.0K
Stockholders' Equity
GOGO
GOGO
PSIX
PSIX
Q4 25
$101.1M
$178.6M
Q3 25
$107.0M
$162.5M
Q2 25
$102.8M
$135.7M
Q1 25
$82.9M
$84.3M
Q4 24
$69.3M
$65.3M
Q3 24
$52.7M
$42.1M
Q2 24
$52.0M
$24.8M
Q1 24
$62.4M
$3.2M
Total Assets
GOGO
GOGO
PSIX
PSIX
Q4 25
$1.3B
$424.7M
Q3 25
$1.3B
$458.9M
Q2 25
$1.3B
$437.7M
Q1 25
$1.2B
$372.7M
Q4 24
$1.2B
$328.2M
Q3 24
$810.7M
$339.1M
Q2 24
$802.7M
$307.6M
Q1 24
$809.0M
$286.8M
Debt / Equity
GOGO
GOGO
PSIX
PSIX
Q4 25
0.54×
Q3 25
0.60×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.00×
Q3 24
0.01×
Q2 24
0.01×
Q1 24
0.11×

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
PSIX
PSIX
Operating Cash FlowLast quarter
$8.5M
$-4.6M
Free Cash FlowOCF − Capex
$-25.4M
$-7.6M
FCF MarginFCF / Revenue
-11.0%
-4.0%
Capex IntensityCapex / Revenue
14.7%
1.6%
Cash ConversionOCF / Net Profit
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$65.1M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOGO
GOGO
PSIX
PSIX
Q4 25
$8.5M
$-4.6M
Q3 25
$46.8M
$3.3M
Q2 25
$36.7M
$16.7M
Q1 25
$32.5M
$8.8M
Q4 24
$-38.3M
$32.7M
Q3 24
$25.1M
$12.6M
Q2 24
$24.9M
$1.5M
Q1 24
$29.7M
$15.6M
Free Cash Flow
GOGO
GOGO
PSIX
PSIX
Q4 25
$-25.4M
$-7.6M
Q3 25
$27.3M
$1.7M
Q2 25
$33.5M
$14.6M
Q1 25
$29.7M
$5.4M
Q4 24
$-42.6M
$30.0M
Q3 24
$20.7M
$12.1M
Q2 24
$21.6M
$822.0K
Q1 24
$28.2M
$14.8M
FCF Margin
GOGO
GOGO
PSIX
PSIX
Q4 25
-11.0%
-4.0%
Q3 25
12.2%
0.8%
Q2 25
14.8%
7.6%
Q1 25
12.9%
4.0%
Q4 24
-30.9%
20.8%
Q3 24
20.6%
9.7%
Q2 24
21.1%
0.7%
Q1 24
27.0%
15.6%
Capex Intensity
GOGO
GOGO
PSIX
PSIX
Q4 25
14.7%
1.6%
Q3 25
8.7%
0.8%
Q2 25
1.4%
1.1%
Q1 25
1.2%
2.5%
Q4 24
3.1%
1.8%
Q3 24
4.4%
0.3%
Q2 24
3.3%
0.6%
Q1 24
1.4%
0.9%
Cash Conversion
GOGO
GOGO
PSIX
PSIX
Q4 25
-0.29×
Q3 25
0.12×
Q2 25
2.87×
0.33×
Q1 25
2.70×
0.46×
Q4 24
1.40×
Q3 24
2.36×
0.73×
Q2 24
29.74×
0.07×
Q1 24
0.97×
2.20×

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%

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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