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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

Bigger by revenue
TRIP
TRIP
1.8× larger
TRIP
$411.0M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+67.3% gap
GOGO
67.3%
0.0%
TRIP
Higher net margin
GOGO
GOGO
4.9% more per $
GOGO
-4.3%
-9.2%
TRIP
More free cash flow
GOGO
GOGO
$96.6M more FCF
GOGO
$-25.4M
$-122.0M
TRIP
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
2.0%
TRIP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOGO
GOGO
TRIP
TRIP
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.

Revenue
GOGO
GOGO
TRIP
TRIP
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
Net Profit
GOGO
GOGO
TRIP
TRIP
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
Gross Margin
GOGO
GOGO
TRIP
TRIP
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%
Operating Margin
GOGO
GOGO
TRIP
TRIP
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%
Net Margin
GOGO
GOGO
TRIP
TRIP
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%
EPS (diluted)
GOGO
GOGO
TRIP
TRIP
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
GOGO
GOGO
TRIP
TRIP
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.

Cash + ST Investments
GOGO
GOGO
TRIP
TRIP
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
Total Debt
GOGO
GOGO
TRIP
TRIP
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
Stockholders' Equity
GOGO
GOGO
TRIP
TRIP
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
Total Assets
GOGO
GOGO
TRIP
TRIP
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
Debt / Equity
GOGO
GOGO
TRIP
TRIP
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
GOGO
GOGO
TRIP
TRIP
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.

Operating Cash Flow
GOGO
GOGO
TRIP
TRIP
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
Free Cash Flow
GOGO
GOGO
TRIP
TRIP
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
FCF Margin
GOGO
GOGO
TRIP
TRIP
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%
Capex Intensity
GOGO
GOGO
TRIP
TRIP
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%
Cash Conversion
GOGO
GOGO
TRIP
TRIP
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
GOGO

Services$191.9M83%
Products$38.7M17%
Fcc Reimbursement Program$2.0M1%

TRIP
TRIP

Third Party$327.0M80%
The Fork$58.0M14%
Other$26.0M6%

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