Gogo Inc. (GOGO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 430.47M | 431.91M | 423.61M | 385.86M | 354.27M | 323.09M | 347.41M | 344.94M | 335.31M | 314.59M | 286.83M | 256.76M | 335.45M | 324.15M | 290.41M | 300M | 271.05M | 249.91M | 240.47M | 188.4M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 103.54M | 125.21M | 133.64M | 102.08M | 70.28M | 41.77M | 176.68M | 161.55M | 152.82M | 139.04M | 86.16M | 97.2M | 163.27M | 150.55M | 152.16M | 163.99M | 152.83M | 145.91M | 133.23M | 109.17M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.66M | 0 | 24.73M | 24.8M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 47.28 | 49.13 | 48.63 | 45.92 | 45.82 | 55.08 | 45.54 | 45.95 | 42.58 | 45.9 | 46.94 | 42.88 | 46.05 | 43.99 | 40.97 | 40.31 | 38.73 | 38.92 | 42.4 | 42.11 |
| Inventory | 101.79M | 98.85M | 81.89M | 87.96M | 93.8M | 97.93M | 74.85M | 69.06M | 69.3M | 63.19M | 62.79M | 60.25M | 54.5M | 49.49M | 46.6M | 42.54M | 36.47M | 33.98M | 29.96M | 27.42M |
| Days Inventory Outstanding | 60.83 | 122.22 | 85.3 | 69.46 | 91.74 | 125.31 | 193.47 | 178.32 | 179.1 | 152.84 | 185.96 | 151.97 | 133.99 | 116.91 | 112.16 | 110.21 | 109.63 | 103.73 | 104.12 | 97.56 |
| Other Current Assets | 109.99M | 56.8M | 50.23M | 47.19M | 40M | 45.98M | 16.14M | 15.38M | 17.88M | 13.09M | 37.36M | 37.42M | 36.55M | 7.21M | 32.27M | 22.05M | 13.26M | 5.08M | 8.08M | 6.06M |
| Total Non-Current Assets | 850.72M | 871.86M | 871.49M | 877.12M | 884.11M | 906.14M | 463.32M | 457.74M | 473.65M | 466.94M | 480.45M | 488.75M | 423.79M | 435.38M | 438.23M | 423.56M | 414.22M | 397.77M | 202.73M | 163.64M |
| Property, Plant & Equipment | 172.11M | 175.26M | 176.17M | 179.53M | 183.28M | 187.59M | 161M | 162.51M | 165.85M | 168.68M | 172.52M | 176.18M | 178.15M | 179.86M | 174.38M | 156.97M | 142.57M | 134.66M | 129.81M | 90.36M |
| Fixed Asset Turnover | 1.30x | 1.31x | 1.26x | 1.25x | 1.24x | 0.79x | 0.62x | 0.62x | 0.62x | 0.57x | 0.56x | 0.58x | 0.55x | 0.61x | 0.64x | 0.65x | 0.67x | 0.70x | 0.79x | 0.89x |
| Goodwill | 193.19M | 193.19M | 192.64M | 192.17M | 185.23M | 184.83M | 600K | 600K | 600K | 620K | 600K | 600K | 600K | 600K | 620K | 600K | 620K | 600K | 620K | 600K |
| Intangible Assets | 233.38M | 248.82M | 255.71M | 263.54M | 269.48M | 275.33M | 64.27M | 60.43M | 57.25M | 55.03M | 52.1M | 50.52M | 49.82M | 48.89M | 49.6M | 48.22M | 48.54M | 48.93M | 47.54M | 48.83M |
| Long-Term Investments | 0 | 31M | 27.5M | 0 | 23.29M | 4.21M | 3.76M | 3.44M | 18.13M | 0 | 5.77M | 0 | 0 | 0 | 46.23M | 38.47M | 40.87M | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 1.28B | 1.3B | 1.3B | 1.26B | 1.24B | 1.23B | 810.74M | 802.68M | 808.95M | 781.54M | 767.29M | 745.51M | 759.24M | 759.53M | 728.64M | 723.57M | 685.27M | 647.69M | 443.2M | 352.04M |
| Asset Turnover | 0.18x | 0.18x | 0.17x | 0.18x | 0.19x | 0.14x | 0.12x | 0.13x | 0.13x | 0.13x | 0.13x | 0.14x | 0.13x | 0.15x | 0.15x | 0.14x | 0.14x | 0.17x | 0.22x | 0.16x |
| Asset Growth % | 3.46% | 6.06% | 59.74% | 57.34% | 53.09% | 57.28% | 5.66% | 7.67% | 6.55% | 2.9% | 5.3% | 3.03% | 10.79% | 17.27% | 64.4% | 105.54% | -0.36% | -3.85% | -54.98% | -66.94% |
| Total Current Liabilities | 259.35M | 269.23M | 243.72M | 225.61M | 192.17M | 182.03M | 97.01M | 87.36M | 79.87M | 72M | 62.5M | 62.41M | 73.39M | 84.37M | 77.94M | 91.67M | 188.3M | 188.52M | 220.4M | 188.12M |
| Accounts Payable | 81.69M | 92.51M | 74.39M | 64.77M | 67.38M | 67.23M | 26.45M | 25.27M | 22.82M | 16.09M | 15.33M | 17.35M | 14.49M | 13.65M | 18.41M | 20.66M | 18.12M | 17.2M | 13.97M | 14.72M |
| Days Payables Outstanding | 52.81 | 112.87 | 69.89 | 50.5 | 64.41 | 67.94 | 69.53 | 61.99 | 52.61 | 38.12 | 49.38 | 42.16 | 36.25 | 39.01 | 49.17 | 54.09 | 54.97 | 50.58 | 52.07 | 45.39 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 117.71M | 125.08M | 90.81M | 41.82M | 41.78M | 29.51M | 25.89M | 20.14M | 17.69M | 19.83M | 10.4M | 10.27M | 11.3M | 21.54M | 29.43M | 11.72M | 42.66M | 16.24M | 39.89M | 27.54M |
| Current Ratio | 1.66x | 1.60x | 1.74x | 1.71x | 1.84x | 1.77x | 3.58x | 3.95x | 4.20x | 4.37x | 4.59x | 4.11x | 4.57x | 3.84x | 3.73x | 3.27x | 1.44x | 1.33x | 1.09x | 1.00x |
| Quick Ratio | 1.27x | 1.24x | 1.40x | 1.32x | 1.36x | 1.24x | 2.81x | 3.16x | 3.33x | 3.49x | 3.58x | 3.15x | 3.83x | 3.26x | 3.13x | 2.81x | 1.25x | 1.15x | 0.96x | 0.86x |
| Cash Conversion Cycle | 55.3 | 58.49 | 64.04 | 64.87 | 73.15 | 112.45 | 169.48 | 162.28 | 169.08 | 160.62 | 183.52 | 152.69 | 143.8 | 121.9 | 103.97 | 96.42 | 93.39 | 92.06 | 94.45 | 94.27 |
| Total Non-Current Liabilities | 903.83M | 933.41M | 944.42M | 934.57M | 963.27M | 977.88M | 661M | 663.3M | 666.65M | 668.82M | 671.25M | 673.89M | 773.99M | 777.02M | 778.98M | 777.52M | 778.02M | 779.33M | 783.05M | 741.2M |
| Long-Term Debt | 865.91M | 889.35M | 833.03M | 832.51M | 832.03M | 831.58M | 583.86M | 585.06M | 586.27M | 587.5M | 588.73M | 590.05M | 688.99M | 690.17M | 691.34M | 692.48M | 693.62M | 694.76M | 695.89M | 697.03M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 1.16B | 1.2B | 1.19B | 1.16B | 1.16B | 1.16B | 758.01M | 750.67M | 746.51M | 740.81M | 733.75M | 736.3M | 847.38M | 861.39M | 856.93M | 869.19M | 966.32M | 967.84M | 1B | 929.32M |
| Total Debt | 889.5M | 961.58M | 908.63M | 910.31M | 912.4M | 914.93M | 670.29M | 672.34M | 675.99M | 678.08M | 680.2M | 682.65M | 782.95M | 785.76M | 787.45M | 785.57M | 888.27M | 889.15M | 890.25M | 849M |
| Net Debt | 785.96M | 836.37M | 774.98M | 808.23M | 842.12M | 873.17M | 493.62M | 510.79M | 523.17M | 539.05M | 594.04M | 585.45M | 619.68M | 635.21M | 635.29M | 621.57M | 735.44M | 743.24M | 757.01M | 739.82M |
| Debt / Equity | 7.54x | 9.51x | 8.50x | 8.86x | 11.00x | 13.20x | 12.71x | 12.93x | 10.83x | 16.65x | 20.28x | 74.10x | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 18.29x | 32.06x | 20.67x | 17.82x | 18.50x | - | 29.03x | 26.30x | 17.55x | 22.94x | 17.90x | 17.69x | 22.55x | 19.04x | 20.16x | 21.92x | 22.93x | 24.71x | 25.38x | 25.61x |
| Net Debt / EBITDA | 16.16x | 27.88x | 17.63x | 15.82x | 17.07x | - | 21.38x | 19.98x | 13.58x | 18.24x | 15.63x | 15.17x | 17.85x | 15.39x | 16.27x | 17.34x | 18.98x | 20.65x | 21.58x | 22.32x |
| Interest Coverage | 1.99x | 0.51x | 0.97x | 2.16x | 2.15x | -1.76x | 2.68x | 1.84x | 6.61x | 3.32x | 5.20x | 5.20x | 4.41x | 4.74x | 4.43x | 3.30x | 3.13x | 2.88x | 2.73x | -3.11x |
| Total Equity | 118.02M | 101.13M | 106.96M | 102.79M | 82.95M | 69.32M | 52.72M | 52.01M | 62.44M | 40.73M | 33.54M | 9.21M | -88.14M | -101.87M | -128.29M | -145.63M | -281.04M | -320.15M | -560.24M | -577.28M |
| Equity Growth % | 42.28% | 45.88% | 102.86% | 97.63% | 32.85% | 70.22% | 57.19% | 464.6% | 170.84% | 139.98% | 126.15% | 106.33% | 68.64% | 68.18% | 77.1% | 74.77% | 55.5% | 50.06% | 13.44% | -1.45% |
| Book Value per Share | 0.86 | 0.75 | 0.79 | 0.75 | 0.61 | 0.54 | 0.40 | 0.39 | 0.47 | 0.31 | 0.25 | 0.07 | -0.66 | -0.77 | -0.96 | -1.08 | -2.10 | -2.39 | -4.21 | -5.29 |
| Total Shareholders' Equity | 118.02M | 101.13M | 106.96M | 102.79M | 82.95M | 69.32M | 52.72M | 52.01M | 62.44M | 40.73M | 33.54M | 9.21M | -88.14M | -101.87M | -128.29M | -145.63M | -281.04M | -320.15M | -560.24M | -577.28M |
| Common Stock | 14K | 13K | 13K | 15K | 14K | 14K | 14K | 14K | 14K | 14K | 14K | 14K | 14K | 14K | 13K | 13K | 11K | 11K | 11K | 11K |
| Retained Earnings | -1.17B | -1.19B | -1.18B | -1.18B | -1.19B | -1.2B | -1.17B | -1.18B | -1.18B | -1.21B | -1.23B | -1.25B | -1.34B | -1.36B | -1.39B | -1.41B | -1.43B | -1.45B | -1.67B | -1.68B |
| Treasury Stock | 0 | 0 | 0 | -196.38M | -196.38M | -196.38M | -194.16M | -186.49M | -173.36M | -163.2M | -158.38M | -158.38M | -158.38M | -158.38M | -158.38M | -140M | -128.8M | -128.8M | -128.8M | -128.8M |
| Accumulated OCI | 285K | 44K | 960K | 2.23M | 3.55M | 5.57M | 4.96M | 11.99M | 14.97M | 15.8M | 23.91M | 25.15M | 23.04M | 30.13M | 33.45M | 22.42M | 17.96M | 1.79M | -1.34M | -1.3M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |