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Side-by-side financial comparison of Gogo Inc. (GOGO) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
Gogo Inc. is the larger business by last-quarter revenue ($230.6M vs $117.3M, roughly 2.0× Latham Group, Inc.). Gogo Inc. runs the higher net margin — -4.3% vs -7.3%, a 2.9% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 5.3%). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs -14.4%).
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...
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
GOGO vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $230.6M | $117.3M |
| Net Profit | $-10.0M | $-8.5M |
| Gross Margin | — | 31.7% |
| Operating Margin | 6.2% | — |
| Net Margin | -4.3% | -7.3% |
| Revenue YoY | 67.3% | 5.3% |
| Net Profit YoY | 64.6% | -43.1% |
| EPS (diluted) | $-0.08 | $-0.07 |
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.
| Q1 26 | — | $117.3M | ||
| Q4 25 | $230.6M | $100.0M | ||
| Q3 25 | $223.6M | $161.9M | ||
| Q2 25 | $226.0M | $172.6M | ||
| Q1 25 | $230.3M | $111.4M | ||
| Q4 24 | $137.8M | $87.3M | ||
| Q3 24 | $100.5M | $150.5M | ||
| Q2 24 | $102.1M | $160.1M |
| Q1 26 | — | $-8.5M | ||
| Q4 25 | $-10.0M | $-7.0M | ||
| Q3 25 | $-1.9M | $8.1M | ||
| Q2 25 | $12.8M | $16.0M | ||
| Q1 25 | $12.0M | $-6.0M | ||
| Q4 24 | $-28.2M | $-29.2M | ||
| Q3 24 | $10.6M | $5.9M | ||
| Q2 24 | $839.0K | $13.3M |
| Q1 26 | — | 31.7% | ||
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | 87.8% | 37.1% | ||
| Q1 25 | 87.3% | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% |
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | -10.7% | ||
| Q3 25 | 12.9% | 13.3% | ||
| Q2 25 | 15.9% | 14.3% | ||
| Q1 25 | 15.3% | -4.4% | ||
| Q4 24 | -17.5% | -14.9% | ||
| Q3 24 | 19.0% | 8.9% | ||
| Q2 24 | 21.2% | 12.5% |
| Q1 26 | — | -7.3% | ||
| Q4 25 | -4.3% | -7.0% | ||
| Q3 25 | -0.9% | 5.0% | ||
| Q2 25 | 5.7% | 9.3% | ||
| Q1 25 | 5.2% | -5.4% | ||
| Q4 24 | -20.5% | -33.4% | ||
| Q3 24 | 10.6% | 3.9% | ||
| Q2 24 | 0.8% | 8.3% |
| Q1 26 | — | $-0.07 | ||
| Q4 25 | $-0.08 | $-0.06 | ||
| Q3 25 | $-0.01 | $0.07 | ||
| Q2 25 | $0.09 | $0.13 | ||
| Q1 25 | $0.09 | $-0.05 | ||
| Q4 24 | $-0.22 | $-0.24 | ||
| Q3 24 | $0.08 | $0.05 | ||
| Q2 24 | $0.01 | $0.11 |
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 | — |
| Total DebtLower is stronger | — | $3.3M |
| Stockholders' EquityBook value | $101.1M | $396.7M |
| Total Assets | $1.3B | $856.4M |
| Debt / EquityLower = less leverage | — | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $125.2M | — | ||
| Q3 25 | $133.6M | — | ||
| Q2 25 | $102.1M | — | ||
| Q1 25 | $70.3M | — | ||
| Q4 24 | $41.8M | — | ||
| Q3 24 | $176.7M | — | ||
| Q2 24 | $161.6M | — |
| Q1 26 | — | $3.3M | ||
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M |
| Q1 26 | — | $396.7M | ||
| Q4 25 | $101.1M | $405.9M | ||
| Q3 25 | $107.0M | $408.4M | ||
| Q2 25 | $102.8M | $398.4M | ||
| Q1 25 | $82.9M | $381.1M | ||
| Q4 24 | $69.3M | $387.2M | ||
| Q3 24 | $52.7M | $416.6M | ||
| Q2 24 | $52.0M | $408.1M |
| Q1 26 | — | $856.4M | ||
| Q4 25 | $1.3B | $823.2M | ||
| Q3 25 | $1.3B | $844.4M | ||
| Q2 25 | $1.3B | $822.1M | ||
| Q1 25 | $1.2B | $824.6M | ||
| Q4 24 | $1.2B | $794.2M | ||
| Q3 24 | $810.7M | $853.4M | ||
| Q2 24 | $802.7M | $830.0M |
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× |
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 | $-47.7M |
| Free Cash FlowOCF − Capex | $-25.4M | — |
| FCF MarginFCF / Revenue | -11.0% | — |
| Capex IntensityCapex / Revenue | 14.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-47.7M | ||
| Q4 25 | $8.5M | $23.3M | ||
| Q3 25 | $46.8M | $51.0M | ||
| Q2 25 | $36.7M | $36.0M | ||
| Q1 25 | $32.5M | $-46.9M | ||
| Q4 24 | $-38.3M | $6.2M | ||
| Q3 24 | $25.1M | $37.2M | ||
| Q2 24 | $24.9M | $52.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-25.4M | $14.1M | ||
| Q3 25 | $27.3M | $45.2M | ||
| Q2 25 | $33.5M | $29.1M | ||
| Q1 25 | $29.7M | $-50.3M | ||
| Q4 24 | $-42.6M | $-98.0K | ||
| Q3 24 | $20.7M | $33.2M | ||
| Q2 24 | $21.6M | $47.9M |
| Q1 26 | — | — | ||
| Q4 25 | -11.0% | 14.1% | ||
| Q3 25 | 12.2% | 27.9% | ||
| Q2 25 | 14.8% | 16.8% | ||
| Q1 25 | 12.9% | -45.2% | ||
| Q4 24 | -30.9% | -0.1% | ||
| Q3 24 | 20.6% | 22.1% | ||
| Q2 24 | 21.1% | 29.9% |
| Q1 26 | — | — | ||
| Q4 25 | 14.7% | 9.2% | ||
| Q3 25 | 8.7% | 3.6% | ||
| Q2 25 | 1.4% | 4.0% | ||
| Q1 25 | 1.2% | 3.1% | ||
| Q4 24 | 3.1% | 7.2% | ||
| Q3 24 | 4.4% | 2.7% | ||
| Q2 24 | 3.3% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | 2.87× | 2.25× | ||
| Q1 25 | 2.70× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.36× | 6.32× | ||
| Q2 24 | 29.74× | 3.95× |
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% |
SWIM
Segment breakdown not available.
