vs

Side-by-side financial comparison of Gogo Inc. (GOGO) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.

Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $230.6M, roughly 1.1× Gogo Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs -4.3%, a 15.0% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 2.4%). Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 12.8%).

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...

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

GOGO vs TGLS — Head-to-Head

Bigger by revenue
TGLS
TGLS
1.1× larger
TGLS
$245.3M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+64.9% gap
GOGO
67.3%
2.4%
TGLS
Higher net margin
TGLS
TGLS
15.0% more per $
TGLS
10.6%
-4.3%
GOGO
More free cash flow
TGLS
TGLS
$36.8M more FCF
TGLS
$11.4M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
12.8%
TGLS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOGO
GOGO
TGLS
TGLS
Revenue
$230.6M
$245.3M
Net Profit
$-10.0M
$26.1M
Gross Margin
40.0%
Operating Margin
6.2%
18.3%
Net Margin
-4.3%
10.6%
Revenue YoY
67.3%
2.4%
Net Profit YoY
64.6%
-44.5%
EPS (diluted)
$-0.08
$0.57

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
TGLS
TGLS
Q4 25
$230.6M
$245.3M
Q3 25
$223.6M
$260.5M
Q2 25
$226.0M
$255.5M
Q1 25
$230.3M
$222.3M
Q4 24
$137.8M
$239.6M
Q3 24
$100.5M
$238.3M
Q2 24
$102.1M
$219.7M
Q1 24
$104.3M
$192.6M
Net Profit
GOGO
GOGO
TGLS
TGLS
Q4 25
$-10.0M
$26.1M
Q3 25
$-1.9M
$47.2M
Q2 25
$12.8M
$44.1M
Q1 25
$12.0M
$42.2M
Q4 24
$-28.2M
$47.0M
Q3 24
$10.6M
$49.5M
Q2 24
$839.0K
$35.0M
Q1 24
$30.5M
$29.7M
Gross Margin
GOGO
GOGO
TGLS
TGLS
Q4 25
40.0%
Q3 25
42.7%
Q2 25
87.8%
44.7%
Q1 25
87.3%
43.9%
Q4 24
44.5%
Q3 24
45.8%
Q2 24
40.8%
Q1 24
38.8%
Operating Margin
GOGO
GOGO
TGLS
TGLS
Q4 25
6.2%
18.3%
Q3 25
12.9%
25.1%
Q2 25
15.9%
24.0%
Q1 25
15.3%
26.7%
Q4 24
-17.5%
28.0%
Q3 24
19.0%
28.4%
Q2 24
21.2%
23.3%
Q1 24
33.2%
21.3%
Net Margin
GOGO
GOGO
TGLS
TGLS
Q4 25
-4.3%
10.6%
Q3 25
-0.9%
18.1%
Q2 25
5.7%
17.3%
Q1 25
5.2%
19.0%
Q4 24
-20.5%
19.6%
Q3 24
10.6%
20.8%
Q2 24
0.8%
15.9%
Q1 24
29.2%
15.4%
EPS (diluted)
GOGO
GOGO
TGLS
TGLS
Q4 25
$-0.08
$0.57
Q3 25
$-0.01
$1.01
Q2 25
$0.09
$0.94
Q1 25
$0.09
$0.90
Q4 24
$-0.22
$1.00
Q3 24
$0.08
$1.05
Q2 24
$0.01
$0.75
Q1 24
$0.23
$0.63

Balance Sheet & Financial Strength

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

Metric
GOGO
GOGO
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$125.2M
$104.1M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$101.1M
$713.1M
Total Assets
$1.3B
$1.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOGO
GOGO
TGLS
TGLS
Q4 25
$125.2M
$104.1M
Q3 25
$133.6M
$127.1M
Q2 25
$102.1M
$140.9M
Q1 25
$70.3M
$160.2M
Q4 24
$41.8M
$137.5M
Q3 24
$176.7M
$124.8M
Q2 24
$161.6M
$129.5M
Q1 24
$152.8M
$138.8M
Total Debt
GOGO
GOGO
TGLS
TGLS
Q4 25
$174.4M
Q3 25
$114.7M
Q2 25
$110.6M
Q1 25
$110.6M
Q4 24
$111.1M
Q3 24
$126.8M
Q2 24
$144.7M
Q1 24
$160.9M
Stockholders' Equity
GOGO
GOGO
TGLS
TGLS
Q4 25
$101.1M
$713.1M
Q3 25
$107.0M
$764.0M
Q2 25
$102.8M
$736.0M
Q1 25
$82.9M
$685.1M
Q4 24
$69.3M
$631.2M
Q3 24
$52.7M
$613.3M
Q2 24
$52.0M
$574.8M
Q1 24
$62.4M
$573.6M
Total Assets
GOGO
GOGO
TGLS
TGLS
Q4 25
$1.3B
$1.3B
Q3 25
$1.3B
$1.2B
Q2 25
$1.3B
$1.2B
Q1 25
$1.2B
$1.1B
Q4 24
$1.2B
$1.0B
Q3 24
$810.7M
$996.3M
Q2 24
$802.7M
$942.5M
Q1 24
$809.0M
$981.6M
Debt / Equity
GOGO
GOGO
TGLS
TGLS
Q4 25
0.24×
Q3 25
0.15×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
0.18×
Q3 24
0.21×
Q2 24
0.25×
Q1 24
0.28×

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
TGLS
TGLS
Operating Cash FlowLast quarter
$8.5M
$31.0M
Free Cash FlowOCF − Capex
$-25.4M
$11.4M
FCF MarginFCF / Revenue
-11.0%
4.7%
Capex IntensityCapex / Revenue
14.7%
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$65.1M
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOGO
GOGO
TGLS
TGLS
Q4 25
$8.5M
$31.0M
Q3 25
$46.8M
$40.0M
Q2 25
$36.7M
$17.9M
Q1 25
$32.5M
$46.9M
Q4 24
$-38.3M
$61.1M
Q3 24
$25.1M
$41.5M
Q2 24
$24.9M
$34.5M
Q1 24
$29.7M
$33.4M
Free Cash Flow
GOGO
GOGO
TGLS
TGLS
Q4 25
$-25.4M
$11.4M
Q3 25
$27.3M
$21.2M
Q2 25
$33.5M
$-14.7M
Q1 25
$29.7M
$16.5M
Q4 24
$-42.6M
$35.4M
Q3 24
$20.7M
$17.8M
Q2 24
$21.6M
$14.2M
Q1 24
$28.2M
$23.6M
FCF Margin
GOGO
GOGO
TGLS
TGLS
Q4 25
-11.0%
4.7%
Q3 25
12.2%
8.2%
Q2 25
14.8%
-5.7%
Q1 25
12.9%
7.4%
Q4 24
-30.9%
14.8%
Q3 24
20.6%
7.5%
Q2 24
21.1%
6.5%
Q1 24
27.0%
12.2%
Capex Intensity
GOGO
GOGO
TGLS
TGLS
Q4 25
14.7%
8.0%
Q3 25
8.7%
7.2%
Q2 25
1.4%
12.7%
Q1 25
1.2%
13.7%
Q4 24
3.1%
10.7%
Q3 24
4.4%
9.9%
Q2 24
3.3%
9.2%
Q1 24
1.4%
5.1%
Cash Conversion
GOGO
GOGO
TGLS
TGLS
Q4 25
1.19×
Q3 25
0.85×
Q2 25
2.87×
0.41×
Q1 25
2.70×
1.11×
Q4 24
1.30×
Q3 24
2.36×
0.84×
Q2 24
29.74×
0.98×
Q1 24
0.97×
1.13×

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%

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

Related Comparisons