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Side-by-side financial comparison of Gogo Inc. (GOGO) and TripAdvisor, Inc. (TRIP). Click either name above to swap in a different company.
TripAdvisor, Inc. is the larger business by last-quarter revenue ($411.0M vs $230.6M, roughly 1.8× Gogo Inc.). Gogo Inc. runs the higher net margin — -4.3% vs -9.2%, a 4.9% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs 0.0%). Gogo Inc. produced more free cash flow last quarter ($-25.4M vs $-122.0M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% CAGR vs 2.0%).
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...
Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.
GOGO vs TRIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $230.6M | $411.0M |
| Net Profit | $-10.0M | $-38.0M |
| Gross Margin | — | 91.5% |
| Operating Margin | 6.2% | -8.3% |
| Net Margin | -4.3% | -9.2% |
| Revenue YoY | 67.3% | 0.0% |
| Net Profit YoY | 64.6% | -3900.0% |
| EPS (diluted) | $-0.08 | $-0.32 |
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 | $411.0M | ||
| Q3 25 | $223.6M | $553.0M | ||
| Q2 25 | $226.0M | $529.0M | ||
| Q1 25 | $230.3M | $398.0M | ||
| Q4 24 | $137.8M | $411.0M | ||
| Q3 24 | $100.5M | $532.0M | ||
| Q2 24 | $102.1M | $497.0M | ||
| Q1 24 | $104.3M | $395.0M |
| Q4 25 | $-10.0M | $-38.0M | ||
| Q3 25 | $-1.9M | $53.0M | ||
| Q2 25 | $12.8M | $36.0M | ||
| Q1 25 | $12.0M | $-11.0M | ||
| Q4 24 | $-28.2M | $1.0M | ||
| Q3 24 | $10.6M | $39.0M | ||
| Q2 24 | $839.0K | $24.0M | ||
| Q1 24 | $30.5M | $-59.0M |
| Q4 25 | — | 91.5% | ||
| Q3 25 | — | 92.6% | ||
| Q2 25 | 87.8% | 92.1% | ||
| Q1 25 | 87.3% | 93.2% | ||
| Q4 24 | — | 93.4% | ||
| Q3 24 | — | 92.5% | ||
| Q2 24 | — | 92.8% | ||
| Q1 24 | — | 93.7% |
| Q4 25 | 6.2% | -8.3% | ||
| Q3 25 | 12.9% | 12.7% | ||
| Q2 25 | 15.9% | 11.2% | ||
| Q1 25 | 15.3% | -3.8% | ||
| Q4 24 | -17.5% | 0.2% | ||
| Q3 24 | 19.0% | 13.2% | ||
| Q2 24 | 21.2% | 7.2% | ||
| Q1 24 | 33.2% | -3.8% |
| Q4 25 | -4.3% | -9.2% | ||
| Q3 25 | -0.9% | 9.6% | ||
| Q2 25 | 5.7% | 6.8% | ||
| Q1 25 | 5.2% | -2.8% | ||
| Q4 24 | -20.5% | 0.2% | ||
| Q3 24 | 10.6% | 7.3% | ||
| Q2 24 | 0.8% | 4.8% | ||
| Q1 24 | 29.2% | -14.9% |
| Q4 25 | $-0.08 | $-0.32 | ||
| Q3 25 | $-0.01 | $0.43 | ||
| Q2 25 | $0.09 | $0.28 | ||
| Q1 25 | $0.09 | $-0.08 | ||
| Q4 24 | $-0.22 | $0.03 | ||
| Q3 24 | $0.08 | $0.27 | ||
| Q2 24 | $0.01 | $0.17 | ||
| Q1 24 | $0.23 | $-0.43 |
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 | $1.0B |
| Total DebtLower is stronger | — | $819.0M |
| Stockholders' EquityBook value | $101.1M | $645.0M |
| Total Assets | $1.3B | $2.6B |
| Debt / EquityLower = less leverage | — | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.2M | $1.0B | ||
| Q3 25 | $133.6M | $1.2B | ||
| Q2 25 | $102.1M | $1.2B | ||
| Q1 25 | $70.3M | $1.2B | ||
| Q4 24 | $41.8M | $1.1B | ||
| Q3 24 | $176.7M | $1.1B | ||
| Q2 24 | $161.6M | $1.2B | ||
| Q1 24 | $152.8M | $1.2B |
| Q4 25 | — | $819.0M | ||
| Q3 25 | — | $821.0M | ||
| Q2 25 | — | $822.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $831.0M | ||
| Q3 24 | — | $832.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $101.1M | $645.0M | ||
| Q3 25 | $107.0M | $707.0M | ||
| Q2 25 | $102.8M | $627.0M | ||
| Q1 25 | $82.9M | $643.0M | ||
| Q4 24 | $69.3M | $943.0M | ||
| Q3 24 | $52.7M | $944.0M | ||
| Q2 24 | $52.0M | $857.0M | ||
| Q1 24 | $62.4M | $825.0M |
| Q4 25 | $1.3B | $2.6B | ||
| Q3 25 | $1.3B | $2.8B | ||
| Q2 25 | $1.3B | $2.9B | ||
| Q1 25 | $1.2B | $2.8B | ||
| Q4 24 | $1.2B | $2.6B | ||
| Q3 24 | $810.7M | $2.7B | ||
| Q2 24 | $802.7M | $2.8B | ||
| Q1 24 | $809.0M | $2.7B |
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.88× | ||
| 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 | $-103.0M |
| Free Cash FlowOCF − Capex | $-25.4M | $-122.0M |
| FCF MarginFCF / Revenue | -11.0% | -29.7% |
| Capex IntensityCapex / Revenue | 14.7% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.1M | $163.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.5M | $-103.0M | ||
| Q3 25 | $46.8M | $44.0M | ||
| Q2 25 | $36.7M | $202.0M | ||
| Q1 25 | $32.5M | $102.0M | ||
| Q4 24 | $-38.3M | $-3.0M | ||
| Q3 24 | $25.1M | $-43.0M | ||
| Q2 24 | $24.9M | $51.0M | ||
| Q1 24 | $29.7M | $139.0M |
| Q4 25 | $-25.4M | $-122.0M | ||
| Q3 25 | $27.3M | $25.0M | ||
| Q2 25 | $33.5M | $177.0M | ||
| Q1 25 | $29.7M | $83.0M | ||
| Q4 24 | $-42.6M | $-26.0M | ||
| Q3 24 | $20.7M | $-63.0M | ||
| Q2 24 | $21.6M | $36.0M | ||
| Q1 24 | $28.2M | $123.0M |
| Q4 25 | -11.0% | -29.7% | ||
| Q3 25 | 12.2% | 4.5% | ||
| Q2 25 | 14.8% | 33.5% | ||
| Q1 25 | 12.9% | 20.9% | ||
| Q4 24 | -30.9% | -6.3% | ||
| Q3 24 | 20.6% | -11.8% | ||
| Q2 24 | 21.1% | 7.2% | ||
| Q1 24 | 27.0% | 31.1% |
| Q4 25 | 14.7% | 4.6% | ||
| Q3 25 | 8.7% | 3.4% | ||
| Q2 25 | 1.4% | 4.7% | ||
| Q1 25 | 1.2% | 4.8% | ||
| Q4 24 | 3.1% | 5.6% | ||
| Q3 24 | 4.4% | 3.8% | ||
| Q2 24 | 3.3% | 3.0% | ||
| Q1 24 | 1.4% | 4.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | 2.87× | 5.61× | ||
| Q1 25 | 2.70× | — | ||
| Q4 24 | — | -3.00× | ||
| Q3 24 | 2.36× | -1.10× | ||
| Q2 24 | 29.74× | 2.13× | ||
| 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% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |