Gogo Inc. (GOGO) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 226.32M | 230.56M | 223.59M | 226.04M | 230.31M | 137.8M | 100.53M | 102.06M | 104.32M | 97.81M | 97.95M | 103.22M | 98.6M | 108.16M | 105.32M | 97.84M | 92.75M | 92.3M | 87.17M | 82.38M |
| Revenue Growth % | -1.73% | 67.32% | 122.41% | 121.48% | 120.77% | 40.88% | 2.63% | -1.13% | 5.81% | -9.57% | -7% | 5.5% | 6.3% | 17.19% | 20.82% | 18.77% | 25.56% | 18.89% | 31.04% | 50.78% |
| Cost of Goods Sold | 148.44M | 68.02M | 91.59M | 119.06M | 94.05M | 63.43M | 34.22M | 35.3M | 33.66M | 37.91M | 30.44M | 34.36M | 34.92M | 37.81M | 36.56M | 32.62M | 28.91M | 28.36M | 25.35M | 26.11M |
| COGS % of Revenue | 65.59% | 29.5% | 40.97% | 52.67% | 40.84% | 46.03% | 34.04% | 34.59% | 32.26% | 38.76% | 31.07% | 33.28% | 35.42% | 34.95% | 34.71% | 33.34% | 31.18% | 30.72% | 29.08% | 31.7% |
| Gross Profit | 77.88M | 162.54M | 131.99M | 106.97M | 136.26M | 74.37M | 66.31M | 66.76M | 70.67M | 59.9M | 67.51M | 68.86M | 63.67M | 70.36M | 68.76M | 65.22M | 63.84M | 63.94M | 61.82M | 56.27M |
| Gross Margin % | 34.41% | 70.5% | 59.03% | 47.33% | 59.16% | 53.97% | 65.96% | 65.41% | 67.74% | 61.24% | 68.93% | 66.72% | 64.58% | 65.05% | 65.29% | 66.66% | 68.82% | 69.28% | 70.92% | 68.3% |
| Gross Profit Growth % | -42.85% | 118.55% | 99.04% | 60.25% | 92.83% | 24.17% | -1.78% | -3.06% | 10.98% | -14.87% | -1.81% | 5.6% | -0.25% | 10.03% | 11.23% | 15.91% | 23.97% | 27.61% | 33.38% | 50.11% |
| Operating Expenses | 44.38M | 148.34M | 103.25M | 71.01M | 101.07M | 98.53M | 47.24M | 45.08M | 35.99M | 35.02M | 34.2M | 34.82M | 31.75M | 31.66M | 32.42M | 32.88M | 28.89M | 31.62M | 30.91M | 26.66M |
| OpEx % of Revenue | 19.61% | 64.34% | 46.18% | 31.42% | 43.89% | 71.5% | 46.99% | 44.17% | 34.5% | 35.8% | 34.91% | 33.73% | 32.2% | 29.27% | 30.78% | 33.6% | 31.14% | 34.25% | 35.45% | 32.36% |
| Selling, General & Admin | 39.7M | 44.16M | 41.32M | 43.37M | 43.73M | 75.81M | 33.47M | 30.88M | 22.93M | 24.59M | 20.35M | 21.05M | 21.08M | 20.85M | 21.71M | 21.43M | 19.69M | 21.08M | 20.79M | 16.57M |
| SG&A % of Revenue | 17.54% | 19.15% | 18.48% | 19.19% | 18.99% | 55.01% | 33.29% | 30.26% | 21.98% | 25.15% | 20.78% | 20.4% | 21.38% | 19.27% | 20.62% | 21.9% | 21.23% | 22.84% | 23.85% | 20.12% |
| Research & Development | 6.49M | 14.06M | 15.68M | 12.52M | 13.88M | 15.49M | 9.76M | 10.3M | 9.22M | 10.42M | 9.15M | 9.23M | 7.88M | 8.24M | 7.99M | 7.95M | 5.41M | 6.88M | 5.96M | 6.54M |
| R&D % of Revenue | 2.87% | 6.1% | 7.01% | 5.54% | 6.02% | 11.24% | 9.71% | 10.1% | 8.83% | 10.66% | 9.35% | 8.94% | 7.99% | 7.62% | 7.58% | 8.13% | 5.83% | 7.46% | 6.83% | 7.94% |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 33.5M | 14.19M | 28.74M | 35.96M | 35.19M | -24.16M | 19.07M | 21.68M | 34.67M | 24.88M | 33.32M | 34.05M | 31.93M | 38.7M | 36.34M | 32.34M | 34.95M | 32.33M | 30.91M | 29.61M |
| Operating Margin % | 14.8% | 6.16% | 12.86% | 15.91% | 15.28% | -17.53% | 18.97% | 21.24% | 33.24% | 25.43% | 34.01% | 32.98% | 32.38% | 35.77% | 34.51% | 33.06% | 37.68% | 35.02% | 35.46% | 35.94% |
| Operating Income Growth % | -4.79% | 158.75% | 50.72% | 65.86% | 1.48% | -197.1% | -42.76% | -36.32% | 8.6% | -35.71% | -8.33% | 5.27% | -8.64% | 19.7% | 17.56% | 9.23% | 25.81% | 105.96% | 39.12% | 72.95% |
| EBITDA | 48.64M | 30M | 43.96M | 51.08M | 49.33M | -16.93M | 23.09M | 25.57M | 38.52M | 29.55M | 38.01M | 38.58M | 34.72M | 41.27M | 39.06M | 35.84M | 38.74M | 35.98M | 35.07M | 33.15M |
| EBITDA Margin % | 21.49% | 13.01% | 19.66% | 22.6% | 21.42% | -12.28% | 22.96% | 25.05% | 36.92% | 30.22% | 38.8% | 37.38% | 35.21% | 38.15% | 37.09% | 36.63% | 41.77% | 38.99% | 40.23% | 40.25% |
| EBITDA Growth % | -1.4% | 277.22% | 90.41% | 99.77% | 28.08% | -157.27% | -39.26% | -33.73% | 10.93% | -28.38% | -2.69% | 7.66% | -10.38% | 14.68% | 11.36% | 8.1% | 21.45% | 82.25% | 37.33% | 63.03% |
| D&A (Non-Cash Add-back) | 15.14M | 15.8M | 15.21M | 15.12M | 14.14M | 7.23M | 4.01M | 3.89M | 3.84M | 4.68M | 4.69M | 4.54M | 2.79M | 2.57M | 2.72M | 3.5M | 3.79M | 3.66M | 4.16M | 3.55M |
| EBIT | 33.5M | 8.98M | 17.12M | 35.51M | 35.54M | -21.53M | 25.93M | 14.95M | 55.63M | 27.35M | 41.74M | 40.62M | 39.58M | 44.68M | 38.87M | 32.23M | 34.08M | 31.42M | 29.87M | -50.85M |
| Net Interest Income | -15.69M | -16.14M | -16.2M | -15.23M | -15.97M | -10.49M | -7.25M | -5.99M | -6.36M | -6.36M | -6.4M | -5.83M | -7.06M | -7.97M | -8.09M | -9.58M | -10.84M | -10.85M | -10.91M | -16.29M |
| Interest Income | 1.15M | 1.43M | 1.48M | 1.18M | 590K | 1.75M | 2.42M | 2.12M | 2.05M | 1.89M | 1.62M | 1.97M | 1.92M | 1.46M | 690K | 194K | 47K | 46K | 34K | 54K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 21.03M | -8.59M | -563K | 16.98M | 18.98M | -36.4M | 12.15M | 971K | 41.41M | 19.1M | 27.64M | 26.02M | 24.84M | 30.71M | 28.16M | 22.72M | 24.13M | 21.46M | 19.86M | -66.12M |
| Pretax Margin % | 9.29% | -3.73% | -0.25% | 7.51% | 8.24% | -26.42% | 12.09% | 0.95% | 39.7% | 19.53% | 28.22% | 25.21% | 25.19% | 28.39% | 26.73% | 23.22% | 26.02% | 23.25% | 22.78% | -80.26% |
| Income Tax | 7.95M | 1.41M | 1.37M | 4.17M | 6.94M | -8.19M | 1.52M | 132K | 10.92M | 4.64M | 6.73M | -63.83M | 4.39M | 3.04M | 7.98M | 702K | 1.94M | -187.67M | 131K | 277K |
| Effective Tax Rate % | 37.79% | -16.35% | -242.81% | 24.58% | 36.57% | 22.49% | 12.52% | 13.59% | 26.37% | 24.27% | 24.34% | -245.28% | 17.67% | 9.9% | 28.34% | 3.09% | 8.03% | -874.36% | 0.66% | -0.42% |
| Net Income | 13.09M | -10M | -1.93M | 12.81M | 12.04M | -28.21M | 10.63M | 839K | 30.49M | 14.47M | 20.91M | 89.85M | 20.45M | 27.67M | 20.18M | 22.02M | 22.2M | 218.71M | 10.96M | -69.25M |
| Net Margin % | 5.78% | -4.34% | -0.86% | 5.67% | 5.23% | -20.47% | 10.57% | 0.82% | 29.23% | 14.79% | 21.35% | 87.05% | 20.74% | 25.58% | 19.16% | 22.5% | 23.93% | 236.95% | 12.57% | -84.06% |
| Net Income Growth % | 8.66% | 64.57% | -118.16% | 1426.46% | -60.51% | -295.02% | -49.17% | -99.07% | 49.1% | -47.72% | 3.65% | 308.09% | -7.87% | -87.35% | 84.1% | 131.79% | 388.82% | 25782.72% | 113.68% | 19.46% |
| Net Income (Continuing) | 13.09M | -10M | -1.93M | 12.81M | 12.04M | -28.21M | 10.63M | 839K | 30.49M | 14.47M | 20.91M | 89.85M | 20.45M | 27.67M | 20.18M | 22.02M | 22.2M | 209.14M | 19.73M | -66.39M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | -1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.10 | -0.07 | -0.01 | 0.09 | 0.09 | -0.22 | 0.08 | 0.01 | 0.23 | 0.11 | 0.16 | 0.67 | 0.15 | 0.21 | 0.15 | 0.16 | 0.17 | 1.60 | 0.10 | -0.63 |
| EPS Growth % | 7.42% | 66.32% | -117.55% | - | -61.3% | -300% | -49.06% | -99.04% | 53.33% | -47.62% | 6.67% | 318.75% | -11.76% | -86.88% | 50% | 125.4% | 287.22% | 15900% | 110.31% | 40% |
| EPS (Basic) | 0.10 | -0.07 | -0.01 | 0.10 | 0.09 | -0.22 | 0.08 | 0.01 | 0.24 | 0.11 | 0.16 | 0.69 | 0.16 | 0.22 | 0.16 | 0.17 | 0.17 | 1.98 | 0.10 | -0.64 |
| Diluted Shares Outstanding | 136.85M | 134.88M | 134.66M | 136.9M | 135.31M | 128.66M | 130.39M | 131.73M | 132.44M | 132.93M | 133.32M | 133.23M | 133.6M | 133.05M | 134.22M | 134.72M | 134.09M | 134.03M | 133.16M | 109.06M |
| Basic Shares Outstanding | 135.66M | 134.88M | 134.66M | 133.65M | 132.47M | 128.53M | 127.92M | 128.29M | 129.27M | 130.06M | 129.95M | 129.81M | 129.14M | 128.45M | 129.91M | 129.12M | 134.09M | 109.91M | 109.34M | 108.84M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |