Gogo Inc (GOGO) financials
Gogo revenue and earnings by year
Gogo's revenue was $910 million in the fiscal year to December 31, 2025, up 104.7% from the year before. Net income was $12.9 million, 1.4% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 4.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 910 | 445 | 398 | 404 | 336 | 270 | 309 | 290 | 699 | 597 |
| Revenue growth | 104.7% | 11.9% | -1.6% | 20.4% | 24.5% | -12.7% | 6.5% | -58.5% | 17.2% | — |
| Gross profit | 403 | 278 | 265 | 268 | 234 | 185 | 215 | 198 | 372 | 322 |
| Gross margin | 44.3% | 62.5% | 66.6% | 66.4% | 69.6% | 68.7% | 69.6% | 68.1% | 53.2% | 53.9% |
| Operating income | 114 | 51 | 124 | 142 | 121 | 76 | 97 | 82 | -64 | -27 |
| Operating margin | 12.5% | 11.5% | 31.2% | 35.2% | 35.9% | 28.3% | 31.2% | 28.4% | -9.2% | -4.5% |
| Net income | 13 | 14 | 146 | 92 | 153 | -250 | -146 | -162 | -172 | -125 |
| Net margin | 1.4% | 3.1% | 36.6% | 22.8% | 45.5% | -92.7% | -47.3% | -55.8% | -24.6% | -20.9% |
| Diluted EPS | $0.09 | $0.10 | $1.09 | $0.71 | $1.28 | — | — | — | — | — |
| Free cash flow | 94 | 32 | 64 | 53 | 58 | -142 | 58 | -93 | -220 | -112 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GOGO in Markets.
How Gogo makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Services | $191M | 85.8% |
| Equipment | $31.5M | 14.2% |
See also: GOGO valuation and P/E history · GOGO returns
No forecast, no recommendation. This page describes Gogo Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.