Gogo Inc. (GOGO) Financial Statements
Industry: Communications Services (Other)
In fiscal 2025, Gogo reported revenue of $910.5M, up 104.7% from $444.7M the year before. Net income was $12.9M (a 1.4% net margin), or $0.09 per diluted share. Gross margin was 12.5% and operating margin was 12.5%. Operating activities generated $124.5M of cash, leaving $65.1M of free cash flow. At fiscal year end, Gogo held $1.30B in total assets against $1.20B in total liabilities, including $125.2M of cash and equivalents.
Open the full interactive Gogo financials → Quarterly statements, key ratios, valuation history and price charts.
Gogo Key Stats
| Share Price | $2.17 |
|---|---|
| Market Cap | $296.3M |
| P/E Ratio | 24.2 |
| Revenue YoY Growth | +104.7% |
| 52-Week Range | $2.11 – $9.77 |
| Shares Outstanding | 136.2 million (basic, 2026 Q2) |
Gogo Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $269.7M | $335.7M | $404.1M | $397.6M | $444.7M | $910.5M |
| Cost of Goods Sold | $193.4M | $215.1M | $261.7M | $273.4M | $393.4M | $796.4M |
| Gross Profit | $76.4M | $120.6M | $142.3M | $124.2M | $377.1M | $114.1M |
| Operating Income | $76.4M | $120.6M | $142.3M | $124.2M | $51.3M | $114.1M |
| Pre-Tax Income | -$48.7M | -$30.6M | $105.7M | $97.6M | $18.1M | $26.8M |
| Income Tax | -$146,000 | -$187.2M | $13.7M | -$48.1M | $4.4M | $13.9M |
| Net Income | -$250.0M | $152.7M | $92.1M | $145.7M | $13.7M | $12.9M |
| Diluted EPS | -$3.04 | $1.28 | $0.71 | $1.09 | $0.10 | $0.09 |
Gogo Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $223.6M | $230.6M | $226.3M | $222.8M |
| Net Income | -$1.9M | -$10.0M | $13.1M | -$2.0M |
| Diluted EPS | -$0.01 | -$0.07 | $0.10 | -$0.01 |
Gogo Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $435.3M | $145.9M | $150.6M | $139.0M | $41.8M | $125.2M |
| Current Assets | $512.2M | $249.9M | $324.1M | $314.6M | $323.1M | $431.9M |
| Total Assets | $673.6M | $647.7M | $759.5M | $781.5M | $1.23B | $1.30B |
| Current Liabilities | $438.1M | $188.5M | $84.4M | $72.0M | $182.0M | $269.2M |
| Total Long-Term Debt | $1.17B | $804.4M | $697.4M | $594.8M | $834.1M | $836.1M |
| Total Liabilities | $1.31B | $967.8M | $861.4M | $740.8M | $1.16B | $1.20B |
| Shareholders' Equity | -$641.1M | -$320.2M | -$101.9M | $40.7M | $69.3M | $101.1M |
Gogo Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $4.5M | $66.7M | $103.4M | $79.0M | $41.4M | $124.5M |
| Cash From Investing | — | — | — | — | -$337.2M | -$39.9M |
| Cash From Financing | — | — | — | — | $198.7M | -$1.4M |
| Free Cash Flow | $2.7M | $62.4M | $59.5M | $62.7M | $27.9M | $65.1M |
Figures from Gogo's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Gogo financials page for every line item.
Gogo Company Profile
| Ticker | GOGO |
|---|---|
| Exchange | Nasdaq |
| Industry | Communications Services (Other) |
| Headquarters | Broomfield, Colorado |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001537054 |
Frequently Asked Questions
What was Gogo's revenue in fiscal 2025?
Gogo (GOGO) reported revenue of $910.5M for fiscal 2025.
What is Gogo's annual revenue history?
Gogo's annual revenue by fiscal year: 2020: $269.7M; 2021: $335.7M; 2022: $404.1M; 2023: $397.6M; 2024: $444.7M; 2025: $910.5M.
What was Gogo's net income in fiscal 2025?
Gogo reported net income of $12.9M for fiscal 2025.
What was Gogo's earnings per share (EPS) in fiscal 2025?
Gogo's diluted EPS was $0.09 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Gogo generate in fiscal 2025?
Gogo generated $65.1M of free cash flow in fiscal 2025.
What was Gogo's revenue last quarter?
In its most recent reported quarter (2026 Q2), Gogo reported revenue of $222.8M.
How much debt does Gogo have?
Gogo reported $836.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Gogo are outstanding?
Gogo reported a weighted average of 136.2 million basic shares outstanding in 2026 Q2.
What is Gogo's market cap?
Based on its latest closing price, Gogo (GOGO) has a market capitalization of about $296.3M.
When does Gogo's fiscal year end?
Gogo's fiscal year end, as registered with the SEC, is December 31.
Where is Gogo headquartered?
Gogo lists its business address in Broomfield, Colorado in its SEC filings.