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Side-by-side financial comparison of Gogo Inc. (GOGO) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $124.7M, roughly 1.8× SMITH & WESSON BRANDS, INC.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -4.3%, a 5.9% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs -3.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs -4.8%).
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...
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
GOGO vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $230.6M | $124.7M |
| Net Profit | $-10.0M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | 6.2% | 3.3% |
| Net Margin | -4.3% | 1.5% |
| Revenue YoY | 67.3% | -3.9% |
| Net Profit YoY | 64.6% | -53.6% |
| EPS (diluted) | $-0.08 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $223.6M | $85.1M | ||
| Q2 25 | $226.0M | $140.8M | ||
| Q1 25 | $230.3M | $115.9M | ||
| Q4 24 | $137.8M | $129.7M | ||
| Q3 24 | $100.5M | $88.3M | ||
| Q2 24 | $102.1M | $159.1M | ||
| Q1 24 | $104.3M | $137.5M |
| Q4 25 | $-10.0M | $1.9M | ||
| Q3 25 | $-1.9M | $-3.4M | ||
| Q2 25 | $12.8M | $8.6M | ||
| Q1 25 | $12.0M | $2.1M | ||
| Q4 24 | $-28.2M | $4.5M | ||
| Q3 24 | $10.6M | $-1.9M | ||
| Q2 24 | $839.0K | $27.9M | ||
| Q1 24 | $30.5M | $7.9M |
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | 87.8% | 28.8% | ||
| Q1 25 | 87.3% | 24.1% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 35.5% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | 6.2% | 3.3% | ||
| Q3 25 | 12.9% | -3.5% | ||
| Q2 25 | 15.9% | 9.3% | ||
| Q1 25 | 15.3% | 4.1% | ||
| Q4 24 | -17.5% | 5.8% | ||
| Q3 24 | 19.0% | -1.7% | ||
| Q2 24 | 21.2% | 17.4% | ||
| Q1 24 | 33.2% | 8.2% |
| Q4 25 | -4.3% | 1.5% | ||
| Q3 25 | -0.9% | -4.0% | ||
| Q2 25 | 5.7% | 6.1% | ||
| Q1 25 | 5.2% | 1.8% | ||
| Q4 24 | -20.5% | 3.5% | ||
| Q3 24 | 10.6% | -2.1% | ||
| Q2 24 | 0.8% | 17.5% | ||
| Q1 24 | 29.2% | 5.7% |
| Q4 25 | $-0.08 | $0.04 | ||
| Q3 25 | $-0.01 | $-0.08 | ||
| Q2 25 | $0.09 | $0.19 | ||
| Q1 25 | $0.09 | $0.05 | ||
| Q4 24 | $-0.22 | $0.10 | ||
| Q3 24 | $0.08 | $-0.04 | ||
| Q2 24 | $0.01 | $0.60 | ||
| Q1 24 | $0.23 | $0.17 |
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 | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $101.1M | $363.2M |
| Total Assets | $1.3B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | $22.4M | ||
| Q3 25 | $133.6M | $18.0M | ||
| Q2 25 | $102.1M | $25.2M | ||
| Q1 25 | $70.3M | $26.7M | ||
| Q4 24 | $41.8M | $39.1M | ||
| Q3 24 | $176.7M | $35.5M | ||
| Q2 24 | $161.6M | $60.8M | ||
| Q1 24 | $152.8M | $47.4M |
| Q4 25 | $101.1M | $363.2M | ||
| Q3 25 | $107.0M | $364.4M | ||
| Q2 25 | $102.8M | $372.5M | ||
| Q1 25 | $82.9M | $366.9M | ||
| Q4 24 | $69.3M | $371.5M | ||
| Q3 24 | $52.7M | $380.0M | ||
| Q2 24 | $52.0M | $399.9M | ||
| Q1 24 | $62.4M | $376.4M |
| Q4 25 | $1.3B | $548.6M | ||
| Q3 25 | $1.3B | $554.6M | ||
| Q2 25 | $1.3B | $559.6M | ||
| Q1 25 | $1.2B | $578.9M | ||
| Q4 24 | $1.2B | $587.4M | ||
| Q3 24 | $810.7M | $571.3M | ||
| Q2 24 | $802.7M | $577.4M | ||
| Q1 24 | $809.0M | $570.6M |
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 | $27.3M |
| Free Cash FlowOCF − Capex | $-25.4M | $16.3M |
| FCF MarginFCF / Revenue | -11.0% | 13.1% |
| Capex IntensityCapex / Revenue | 14.7% | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $65.1M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.5M | $27.3M | ||
| Q3 25 | $46.8M | $-8.1M | ||
| Q2 25 | $36.7M | $40.8M | ||
| Q1 25 | $32.5M | $-9.8M | ||
| Q4 24 | $-38.3M | $-7.4M | ||
| Q3 24 | $25.1M | $-30.8M | ||
| Q2 24 | $24.9M | $43.7M | ||
| Q1 24 | $29.7M | $25.2M |
| Q4 25 | $-25.4M | $16.3M | ||
| Q3 25 | $27.3M | $-12.4M | ||
| Q2 25 | $33.5M | $33.5M | ||
| Q1 25 | $29.7M | $-16.1M | ||
| Q4 24 | $-42.6M | $-10.7M | ||
| Q3 24 | $20.7M | $-35.5M | ||
| Q2 24 | $21.6M | $38.2M | ||
| Q1 24 | $28.2M | $7.0M |
| Q4 25 | -11.0% | 13.1% | ||
| Q3 25 | 12.2% | -14.6% | ||
| Q2 25 | 14.8% | 23.8% | ||
| Q1 25 | 12.9% | -13.9% | ||
| Q4 24 | -30.9% | -8.3% | ||
| Q3 24 | 20.6% | -40.2% | ||
| Q2 24 | 21.1% | 24.0% | ||
| Q1 24 | 27.0% | 5.1% |
| Q4 25 | 14.7% | 8.8% | ||
| Q3 25 | 8.7% | 5.0% | ||
| Q2 25 | 1.4% | 5.2% | ||
| Q1 25 | 1.2% | 5.4% | ||
| Q4 24 | 3.1% | 2.5% | ||
| Q3 24 | 4.4% | 5.3% | ||
| Q2 24 | 3.3% | 3.5% | ||
| Q1 24 | 1.4% | 13.2% |
| Q4 25 | — | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.87× | 4.73× | ||
| Q1 25 | 2.70× | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | 2.36× | — | ||
| Q2 24 | 29.74× | 1.57× | ||
| Q1 24 | 0.97× | 3.20× |
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% |
SWBI
Segment breakdown not available.
