Communication Services · Telecommunications Services
Price
$3.18
Market Cap
$430.1M
Employees
790
Beta
1.11
Avg Volume
1,814,429
CEO
Christopher J. Moore
Business Description
Gogo Inc. stands as a premier provider of in-flight broadband connectivity solutions, catering to the aviation industry both within the United States and internationally. Its operations are strategically divided into three key segments: Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company's expertise lies in developing, constructing, and managing advanced air-to-ground networks. They also engineer and maintain specialized in-flight systems, utilizing their proprietary hardware and software to deliver tailored internet access and wireless entertainment options. Gogo's offerings include a comprehensive suite of integrated equipment, network infrastructure, and internet connectivity products. Furthermore, they provide sophisticated smart cabin systems that seamlessly combine connectivity, in-flight entertainment (IFE), and voice communication capabilities. Their extensive portfolio encompasses the entire lifecycle of in-flight networks, systems, and services, supported by dedicated aviation partner assistance and robust production operations. Additionally, Gogo offers satellite-enabled voice and data services. Founded in 1991, Gogo Inc. is headquartered in Broomfield, Colorado.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
32.92
Stock Price: $3.18
EPS (Diluted): 0.10
EPS (Diluted): 0.10
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
6.16
Stock Price: $3.18
Total Equity: $101.13M
Shares: 136,593,000
Total Equity: $101.13M
Shares: 136,593,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
9.40
Market Cap: $430.06M
Total Debt: $905.79M
Cash: $125.21M
EBITDA: $155.31M
Total Debt: $905.79M
Cash: $125.21M
EBITDA: $155.31M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$1.5B
Market Cap: $430.06M
Total Debt: $905.79M
Cash: $125.21M
Total Debt: $905.79M
Cash: $125.21M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
59.1%
Gross Profit: $537.76M
Revenue: $910.49M
Revenue: $910.49M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
12.5%
Operating Income: $114.08M
Revenue: $910.49M
Revenue: $910.49M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
1.4%
Net Income: $12.92M
Revenue: $910.49M
Revenue: $910.49M
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
12.8%
Net Income: $12.92M
Total Equity: $101.13M
Total Equity: $101.13M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
6.2%
Operating Income: $114.08M
Tax Rate: 51.8%
Equity: $101.13M
Total Debt: $905.79M
Cash: $125.21M
Tax Rate: 51.8%
Equity: $101.13M
Total Debt: $905.79M
Cash: $125.21M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.60
Current Assets: $431.91M
Current Liabilities: $269.23M
Current Liabilities: $269.23M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
8.96
Short-Term Debt: $16.44M
Long-Term Debt: $889.35M
Total Debt: $905.79M
Total Equity: $101.13M
Long-Term Debt: $889.35M
Total Debt: $905.79M
Total Equity: $101.13M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$6.67
Revenue: $910.49M
Shares: 136,593,000
Shares: 136,593,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.74
Total Equity: $101.13M
Shares: 136,593,000
Shares: 136,593,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$0.48
Operating CF: $124.49M
CapEx: -$59.38M
Shares: 136,593,000
CapEx: -$59.38M
Shares: 136,593,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $3.18
Stock Price: $3.18
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $12.92M
Net Income: $12.92M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares GOGO against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 7:31pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $335.7M | $404.1M | $397.6M | $444.7M | $910.5M |
| Cost of Revenue | $102.2M | $135.9M | $133.0M | $166.6M | $372.7M |
| Gross Profit | $233.5M | $268.2M | $264.6M | $278.1M | $537.8M |
| Operating Expenses | $112.9M | $125.8M | $140.5M | $226.8M | $423.7M |
| Operating Income | $120.6M | $142.3M | $124.2M | $51.3M | $114.1M |
| Net Income | $152.7M | $92.1M | $145.7M | $13.7M | $12.9M |
| EBITDA | $52.3M | $157.2M | $147.4M | $75.5M | $155.3M |
| EPS | $1.46 | $0.75 | $1.12 | $0.11 | $0.10 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:31pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $145.9M | $150.6M | $139.0M | $41.8M | $125.2M |
| Total Current Assets | $249.9M | $324.1M | $314.6M | $323.1M | $431.9M |
| Total Assets | $647.7M | $759.5M | $781.5M | $1.2B | $1.3B |
| Current Liabilities | $188.5M | $84.4M | $72.0M | $182.0M | $269.2M |
| Long-Term Debt | $694.8M | $690.2M | $587.5M | $831.6M | $889.4M |
| Total Liabilities | $967.8M | $861.4M | $740.8M | $1.2B | $1.2B |
| Total Equity | -$320.2M | -$101.9M | $40.7M | $69.3M | $101.1M |
| Retained Earnings | -$1.5B | -$1.4B | -$1.2B | -$1.2B | -$1.2B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:31pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $65.5M | $103.4M | $79.0M | $41.4M | $124.5M |
| Capital Expenditure | -$8.7M | -$49.9M | -$24.1M | -$13.5M | -$59.4M |
| Free Cash Flow | $56.8M | $53.5M | $54.9M | $27.9M | $65.1M |
| Acquisitions (net) | $1.0M | $1.7M | $0 | -$332.7M | -$1.6M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | -$18.4M | -$4.8M | -$33.2M | $0 |
| Net Change in Cash | -$289.6M | $4.6M | -$11.5M | -$97.1M | $83.4M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 5:40pm (15h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$902.8M $894.6M – $907.8M
|
$914.6M $910.1M – $921.4M
|
$950.7M $924.0M – $966.9M
|
$1.1B $1.1B – $1.1B
|
| EBITDA |
$226.8M $224.7M – $228.0M
|
$229.7M $228.6M – $231.4M
|
$238.8M $232.1M – $242.9M
|
$269.1M $269.1M – $269.1M
|
| Net Income |
$26.4M $23.5M – $29.4M
|
$44.3M $31.7M – $66.8M
|
$61.8M $45.2M – $103.2M
|
$79.0M $77.5M – $80.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:31pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +20.4% | -1.6% | +11.9% | +104.7% |
| Gross Profit Growth | +14.8% | -1.3% | +5.1% | +93.4% |
| Operating Income Growth | +18.0% | -12.8% | -58.7% | +122.5% |
| Net Income Growth | -39.7% | +58.2% | -90.6% | -6.0% |
| EBITDA Growth | +200.4% | -6.2% | -48.7% | +105.6% |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for GOGO — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30