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Gogo Inc.（GOGO）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
Gogo Inc.的季度营收约是BRC Group Holdings, Inc.的1.2倍（$230.6M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs -4.3%，领先52.3%），Gogo Inc.同比增速更快（67.3% vs -21.9%），过去两年Gogo Inc.的营收复合增速更高（48.7% vs -15.4%）
Gogo Inc.是美国公务机机载宽带互联网及连接服务提供商，总部位于科罗拉多州布鲁姆菲尔德。截至目前，已有超过2500架商用飞机和6600架公务机安装了该公司的机载Wi-Fi服务。该公司曾面向民航业提供机上WiFi服务，2020年12月已将这块民航业务以4亿美元出售给国际通信卫星组织。
GOGO vs RILY — 直观对比
营收规模更大
GOGO
是对方的1.2倍
$188.3M
营收增速更快
GOGO
高出89.2%
-21.9%
净利率更高
RILY
高出52.3%
-4.3%
两年增速更快
GOGO
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $230.6M | $188.3M |
| 净利润 | $-10.0M | $90.3M |
| 毛利率 | — | 79.5% |
| 营业利润率 | 6.2% | 32.3% |
| 净利率 | -4.3% | 47.9% |
| 营收同比 | 67.3% | -21.9% |
| 净利润同比 | 64.6% | 1710.8% |
| 每股收益（稀释后） | $-0.08 | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GOGORILY
| Q4 25 | $230.6M | $188.3M | ||
| Q3 25 | $223.6M | $215.3M | ||
| Q2 25 | $226.0M | $188.2M | ||
| Q1 25 | $230.3M | $197.2M | ||
| Q4 24 | $137.8M | $241.0M | ||
| Q3 24 | $100.5M | $225.5M | ||
| Q2 24 | $102.1M | $256.0M | ||
| Q1 24 | $104.3M | $263.4M |
净利润GOGORILY
| Q4 25 | $-10.0M | $90.3M | ||
| Q3 25 | $-1.9M | $91.1M | ||
| Q2 25 | $12.8M | $139.5M | ||
| Q1 25 | $12.0M | $-10.0M | ||
| Q4 24 | $-28.2M | $-5.6M | ||
| Q3 24 | $10.6M | $-284.4M | ||
| Q2 24 | $839.0K | $-433.6M | ||
| Q1 24 | $30.5M | $-49.2M |
毛利率GOGORILY
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | 87.8% | 81.3% | ||
| Q1 25 | 87.3% | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
营业利润率GOGORILY
| Q4 25 | 6.2% | 32.3% | ||
| Q3 25 | 12.9% | 30.4% | ||
| Q2 25 | 15.9% | 5.7% | ||
| Q1 25 | 15.3% | -31.2% | ||
| Q4 24 | -17.5% | -69.2% | ||
| Q3 24 | 19.0% | -36.4% | ||
| Q2 24 | 21.2% | -90.8% | ||
| Q1 24 | 33.2% | -6.1% |
净利率GOGORILY
| Q4 25 | -4.3% | 47.9% | ||
| Q3 25 | -0.9% | 42.3% | ||
| Q2 25 | 5.7% | 74.1% | ||
| Q1 25 | 5.2% | -5.1% | ||
| Q4 24 | -20.5% | -2.3% | ||
| Q3 24 | 10.6% | -126.1% | ||
| Q2 24 | 0.8% | -169.4% | ||
| Q1 24 | 29.2% | -18.7% |
每股收益（稀释后）GOGORILY
| Q4 25 | $-0.08 | $2.78 | ||
| Q3 25 | $-0.01 | $2.91 | ||
| Q2 25 | $0.09 | $4.50 | ||
| Q1 25 | $0.09 | $-0.39 | ||
| Q4 24 | $-0.22 | $-0.01 | ||
| Q3 24 | $0.08 | $-9.39 | ||
| Q2 24 | $0.01 | $-14.35 | ||
| Q1 24 | $0.23 | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $125.2M | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $101.1M | $-171.5M |
| 总资产 | $1.3B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GOGORILY
| Q4 25 | $125.2M | $226.6M | ||
| Q3 25 | $133.6M | $184.2M | ||
| Q2 25 | $102.1M | $267.4M | ||
| Q1 25 | $70.3M | $138.3M | ||
| Q4 24 | $41.8M | $146.9M | ||
| Q3 24 | $176.7M | $159.2M | ||
| Q2 24 | $161.6M | $236.9M | ||
| Q1 24 | $152.8M | $190.7M |
总债务GOGORILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GOGORILY
| Q4 25 | $101.1M | $-171.5M | ||
| Q3 25 | $107.0M | $-260.5M | ||
| Q2 25 | $102.8M | $-351.7M | ||
| Q1 25 | $82.9M | $-496.8M | ||
| Q4 24 | $69.3M | $-488.2M | ||
| Q3 24 | $52.7M | $-497.6M | ||
| Q2 24 | $52.0M | $-218.3M | ||
| Q1 24 | $62.4M | $228.4M |
总资产GOGORILY
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $810.7M | $2.2B | ||
| Q2 24 | $802.7M | $3.2B | ||
| Q1 24 | $809.0M | $5.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $8.5M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $-25.4M | — |
| 自由现金流率自由现金流/营收 | -11.0% | — |
| 资本支出强度资本支出/营收 | 14.7% | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 过去12个月自由现金流最近4个季度 | $65.1M | — |
8季度趋势，按日历期对齐
经营现金流GOGORILY
| Q4 25 | $8.5M | $26.2M | ||
| Q3 25 | $46.8M | $-60.6M | ||
| Q2 25 | $36.7M | $-25.6M | ||
| Q1 25 | $32.5M | $184.0K | ||
| Q4 24 | $-38.3M | $-2.7M | ||
| Q3 24 | $25.1M | $19.5M | ||
| Q2 24 | $24.9M | $111.5M | ||
| Q1 24 | $29.7M | $135.4M |
自由现金流GOGORILY
| Q4 25 | $-25.4M | — | ||
| Q3 25 | $27.3M | — | ||
| Q2 25 | $33.5M | — | ||
| Q1 25 | $29.7M | — | ||
| Q4 24 | $-42.6M | — | ||
| Q3 24 | $20.7M | — | ||
| Q2 24 | $21.6M | — | ||
| Q1 24 | $28.2M | — |
自由现金流率GOGORILY
| Q4 25 | -11.0% | — | ||
| Q3 25 | 12.2% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 12.9% | — | ||
| Q4 24 | -30.9% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 21.1% | — | ||
| Q1 24 | 27.0% | — |
资本支出强度GOGORILY
| Q4 25 | 14.7% | — | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.3% | — | ||
| Q1 24 | 1.4% | — |
现金转化率GOGORILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | 2.87× | -0.18× | ||
| Q1 25 | 2.70× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.36× | — | ||
| Q2 24 | 29.74× | — | ||
| Q1 24 | 0.97× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GOGO
| Services | $191.9M | 83% |
| Products | $38.7M | 17% |
| Fcc Reimbursement Program | $2.0M | 1% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
