GOGO Chart
About

Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. The company offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions. It offers voice and data, in-flight entertainment, and other services. In addition, the company's infrastructure includes networks, towers, cyber security software and data centers to support in-flight connectivity services, as well as in the provision of telecommunications services. The company sells its products primarily to aircraft operators and original equipment manufacturers of business aviation aircraft through a distribution network of independent dealers. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Telecom Services Market Cap 593.95M
Enterprise Value 1.37B Income 12.92M Sales 910.49M
Book/sh 0.75 Cash/sh 0.95 Dividend Yield
Payout 0.00% Employees 680 IPO
P/E 49.00 Forward P/E 5.51 PEG
P/S 0.65 P/B 5.86 P/C
EV/EBITDA 7.26 EV/Sales 1.51 Quick Ratio 1.04
Current Ratio 1.60 Debt/Eq 895.69 LT Debt/Eq
EPS (ttm) 0.09 EPS next Y 0.80 EPS Growth
Revenue Growth 67.30% Earnings 2026-05-07 ROA 6.34%
ROE 15.16% ROIC Gross Margin 44.27%
Oper. Margin 6.00% Profit Margin 1.42% Shs Outstand 134.68M
Shs Float 98.01M Short Float 39.61% Short Ratio 13.75
Short Interest 52W High 16.82 52W Low 3.85
Beta 1.13 Avg Volume 2.27M Volume 2.60M
Target Price $9.33 Recom Buy Prev Close $4.31
Price $4.41 Change 2.32%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.33
Mean price target
2. Current target
$4.41
Latest analyst target
3. DCF / Fair value
$14.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.41
Low
$7.00
High
$13.00
Mean
$9.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-09 down William Blair Outperform → Market Perform
2025-03-17 main Roth MKM Buy → Buy $13
2024-09-17 main Roth MKM Buy → Buy $16
2024-09-03 main Morgan Stanley Equal-Weight → Equal-Weight $11
2024-08-08 main JP Morgan Neutral → Neutral $10
2024-04-16 main Morgan Stanley Equal-Weight → Equal-Weight $12
2023-12-12 main Roth MKM Buy → Buy $18
2023-11-08 main JP Morgan Neutral → Neutral $15
2023-08-14 main TD Cowen Outperform → Outperform $22
2023-08-08 main Roth MKM Buy → Buy $20
2022-11-01 up Morgan Stanley Underweight → Equal-Weight $15
2022-03-07 main JP Morgan — → Neutral $18
2021-10-07 up JP Morgan Underweight → Neutral $16
2021-10-06 down Morgan Stanley Equal-Weight → Underweight $14
2021-04-08 up Cowen & Co. Market Perform → Outperform $14
2021-04-05 up William Blair Market Perform → Outperform
2021-02-01 down JP Morgan Neutral → Underweight $10
2020-09-09 down Cowen & Co. Outperform → Market Perform $10
2020-03-24 main Morgan Stanley — → Underweight $1
2019-05-13 init Roth Capital — → Buy $10
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 250000 1138706.0 Purchase at price 4.54 - 4.57 per share. TOWNSEND CHARLES C Director 2026-03-12 00:00:00 D
1 3327 nan GOLDFINE LEIGH Officer 2026-03-03 00:00:00 D
2 10587 nan GORDON CRYSTAL L General Counsel 2026-03-03 00:00:00 D
3 267737 nan THORNE OAKLEIGH Director and Beneficial Owner of more than 10% of a Class of Security 2026-01-08 00:00:00 D
4 336927 nan THORNE OAKLEIGH Director 2025-12-31 00:00:00 D
5 170000 907300.0 Purchase at price 5.24 - 5.35 per share. THORNE OAKLEIGH Officer, Director and Beneficial Owner 2025-12-12 00:00:00 D
6 3250 nan GOLDFINE LEIGH Officer 2025-12-05 00:00:00 D
7 200000 nan MOORE CHRISTOPHER JOHN Chief Executive Officer 2025-12-03 00:00:00 D
8 5000 nan OLSON HAYDEN Officer 2025-12-03 00:00:00 D
9 10000 nan COTNER ZACHARY A. Chief Financial Officer 2025-12-03 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-2.48M0.00-467.04K0.00
TaxRateForCalcs0.210.240.210.13
NormalizedEBITDA172.81M93.95M174.26M162.44M
TotalUnusualItems-11.80M0.00-2.22M0.00
TotalUnusualItemsExcludingGoodwill-11.80M0.00-2.22M0.00
NetIncomeFromContinuingOperationNetMinorityInterest12.92M13.75M145.68M92.06M
ReconciledDepreciation60.28M18.97M16.70M12.58M
ReconciledCostOfRevenue507.40M166.60M132.95M135.90M
EBITDA161.01M93.95M172.04M162.44M
EBIT100.74M74.98M155.34M149.86M
NetInterestIncome-63.54M-30.09M-25.65M-36.49M
InterestExpense73.92M56.85M57.73M44.14M
InterestIncome13.88M29.26M34.47M10.71M
NormalizedIncome22.25M13.75M147.43M92.06M
NetIncomeFromContinuingAndDiscontinuedOperation12.92M13.75M145.68M92.06M
TotalExpenses796.41M393.44M273.41M261.74M
TotalOperatingIncomeAsReported114.08M51.27M124.17M142.33M
DilutedAverageShares136.59M131.46M133.28M133.92M
BasicAverageShares133.71M128.53M129.75M123.27M
DilutedEPS0.090.101.090.71
BasicEPS0.100.111.120.75
DilutedNIAvailtoComStockholders12.92M13.75M145.68M92.06M
NetIncomeCommonStockholders12.92M13.75M145.68M92.06M
NetIncome12.92M13.75M145.68M92.06M
NetIncomeIncludingNoncontrollingInterests12.92M13.75M145.68M92.06M
NetIncomeDiscontinuousOperations0.000.00-3.85M
NetIncomeContinuousOperations12.92M13.75M145.68M92.06M
TaxProvision13.89M4.39M-48.08M13.66M
PretaxIncome26.81M18.13M97.60M105.72M
OtherIncomeExpense-23.73M-3.04M-909.00K-123.00K
OtherNonOperatingIncomeExpenses-11.93M-3.04M1.31M-123.00K
SpecialIncomeCharges-11.80M0.00-2.22M0.00
OtherSpecialCharges2.22M83.96M
RestructuringAndMergernAcquisition11.80M0.000.00
NetNonOperatingInterestIncomeExpense-63.54M-30.09M-25.65M-36.49M
TotalOtherFinanceCost3.49M2.51M2.38M3.06M
InterestExpenseNonOperating73.92M56.85M57.73M44.14M
InterestIncomeNonOperating13.88M29.26M34.47M10.71M
OperatingIncome114.08M51.27M124.17M142.33M
OperatingExpense289.00M226.84M140.46M125.84M
DepreciationAmortizationDepletionIncomeStatement60.28M18.97M16.70M12.58M
DepreciationAndAmortizationInIncomeStatement60.28M18.97M16.70M12.58M
ResearchAndDevelopment56.14M44.77M36.68M29.59M
SellingGeneralAndAdministration172.58M163.09M87.08M83.67M
SellingAndMarketingExpense55.84M38.02M29.80M25.47M
GeneralAndAdministrativeExpense116.74M125.07M57.28M58.20M
OtherGandA116.74M125.07M57.28M58.20M
GrossProfit403.09M278.11M264.63M268.17M
CostOfRevenue507.40M166.60M132.95M135.90M
TotalRevenue910.49M444.71M397.58M404.07M
OperatingRevenue910.49M444.71M397.58M404.07M
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber0.0013.18M9.17M8.69M
OrdinarySharesNumber134.51M130.92M128.46M127.84M
ShareIssued134.51M144.10M137.63M136.53M
NetDebt710.87M792.32M455.71M546.87M
TotalDebt905.70M914.93M678.08M785.76M
TangibleBookValue-340.88M-390.84M-14.92M-151.36M
InvestedCapital937.21M903.40M635.48M595.55M
WorkingCapital162.68M141.06M242.60M239.78M
NetTangibleAssets-340.88M-390.84M-14.92M-151.36M
CapitalLeaseObligations69.62M80.85M83.33M88.33M
CommonStockEquity101.13M69.32M40.73M-101.87M
TotalCapitalization934.71M900.90M628.23M588.30M
TotalEquityGrossMinorityInterest101.13M69.32M40.73M-101.87M
StockholdersEquity101.13M69.32M40.73M-101.87M
GainsLossesNotAffectingRetainedEarnings44.00K5.57M15.80M30.13M
OtherEquityAdjustments44.00K5.57M15.80M30.13M
TreasuryStock0.00196.38M163.20M158.38M
RetainedEarnings-1.19B-1.20B-1.21B-1.36B
AdditionalPaidInCapital1.29B1.46B1.40B1.39B
CapitalStock13.00K14.00K14.00K14.00K
CommonStock13.00K14.00K14.00K14.00K
TotalLiabilitiesNetMinorityInterest1.20B1.16B740.81M861.39M
TotalNonCurrentLiabilitiesNetMinorityInterest933.41M977.88M668.82M777.02M
OtherNonCurrentLiabilities44.06M78.12M8.27M7.61M
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredTaxesLiabilities0.00
LongTermDebtAndCapitalLeaseObligation889.35M899.76M660.55M769.41M
LongTermCapitalLeaseObligation55.77M68.18M73.05M79.24M
LongTermDebt833.58M831.58M587.50M690.17M
LongTermProvisions6.03M4.86M
CurrentLiabilities269.23M182.03M72.00M84.37M
CurrentDeferredLiabilities35.19M30.41M1.00M3.42M
CurrentDeferredRevenue35.19M30.41M1.00M3.42M
CurrentDebtAndCapitalLeaseObligation16.35M15.18M17.53M16.34M
CurrentCapitalLeaseObligation13.85M12.68M10.28M9.09M
CurrentDebt2.50M2.50M7.25M7.25M
OtherCurrentBorrowings2.50M2.50M7.25M7.25M
PensionandOtherPostRetirementBenefitPlansCurrent28.17M20.67M10.39M19.23M
CurrentProvisions20.37M14.04M9.45M4.26M
PayablesAndAccruedExpenses169.14M101.74M33.63M41.12M
CurrentAccruedExpenses71.19M25.54M15.36M25.19M
InterestPayable132.00K2.18M469.00K9.88M
Payables97.95M76.20M18.26M15.93M
TotalTaxPayable5.44M8.97M2.17M2.28M
AccountsPayable92.51M67.23M16.09M13.65M
TotalAssets1.30B1.23B781.54M759.53M
TotalNonCurrentAssets871.86M906.14M466.94M435.38M
OtherNonCurrentAssets12.74M10.44M5.05M2.98M
NonCurrentDeferredAssets211.25M219.65M217.65M164.10M
NonCurrentDeferredTaxesAssets209.67M217.31M216.64M162.66M
NonCurrentAccountsReceivable29.50M17.42M9.62M13.38M
FinancialAssets1.11M6.66M10.29M25.58M
InvestmentsAndAdvances0.004.21M0.00
InvestmentinFinancialAssets0.004.21M0.00
GoodwillAndOtherIntangibleAssets442.00M460.16M55.65M49.49M
OtherIntangibleAssets248.82M275.33M55.03M48.89M
Goodwill193.19M184.83M620.00K600.00K
NetPPE175.26M187.59M168.68M179.86M
AccumulatedDepreciation-152.19M-134.54M-121.33M-107.37M
GrossPPE327.46M322.13M290.01M287.22M
Leases16.86M16.19M16.13M15.36M
OtherProperties251.21M257.66M254.73M254.62M
MachineryFurnitureEquipment59.39M41.73M19.15M17.24M
LandAndImprovements0.006.54M0.00
Properties0.000.000.000.00
CurrentAssets431.91M323.09M314.59M324.15M
OtherCurrentAssets24.64M19.84M13.09M7.21M
AssetsHeldForSaleCurrent26.25M16.62M0.00
PrepaidAssets2.54M3.51M2.61M2.90M
Inventory98.85M97.93M63.19M49.49M
FinishedGoods57.14M44.30M28.50M14.65M
WorkInProcess41.71M53.63M34.69M34.84M
Receivables154.41M143.42M96.67M89.20M
OtherReceivables41.23M26.86M48.44M34.99M
TaxesReceivable629.00K5.04M0.00
AccountsReceivable112.56M111.51M48.23M54.21M
AllowanceForDoubtfulAccountsReceivable-6.78M-4.47M-2.09M-1.78M
GrossAccountsReceivable119.34M115.98M50.32M55.99M
CashCashEquivalentsAndShortTermInvestments125.21M41.77M139.04M175.35M
OtherShortTermInvestments0.0024.80M0.00
CashAndCashEquivalents125.21M41.77M139.04M150.55M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow49.33M14.37M54.88M53.49M
RepurchaseOfCapitalStock0.00-33.19M-4.82M-18.38M
RepaymentOfDebt-2.54M-6.09M-107.38M-7.43M
IssuanceOfDebt0.00245.00M0.000.00
CapitalExpenditure-75.16M-27.05M-24.09M-49.91M
InterestPaidSupplementalData77.81M56.15M68.14M41.21M
IncomeTaxPaidSupplementalData3.40M3.10M1.00M377.00K
EndCashPosition125.69M42.30M139.37M150.88M
BeginningCashPosition42.30M139.37M150.88M146.27M
EffectOfExchangeRateChanges168.00K29.00K94.00K13.00K
ChangesInCash83.22M-97.09M-11.61M4.60M
FinancingCashFlow-1.35M198.69M-120.43M-28.39M
CashFromDiscontinuedFinancingActivities0.000.000.00
CashFlowFromContinuingFinancingActivities-1.35M198.69M-120.43M-28.39M
NetOtherFinancingCharges-4.02M-21.10M
ProceedsFromStockOptionExercised1.19M-3.01M-8.23M-2.58M
NetCommonStockIssuance0.00-33.19M-4.82M-18.38M
CommonStockPayments0.00-33.19M-4.82M-18.38M
NetIssuancePaymentsOfDebt-2.54M238.91M-107.38M-7.43M
NetShortTermDebtIssuance0.000.00
ShortTermDebtPayments0.000.00
ShortTermDebtIssuance0.000.00
NetLongTermDebtIssuance-2.54M238.91M-107.38M-7.43M
LongTermDebtPayments-2.54M-6.09M-107.38M-7.43M
LongTermDebtIssuance0.00245.00M0.000.00
InvestingCashFlow-39.92M-337.20M29.86M-70.42M
CashFromDiscontinuedInvestingActivities0.000.00-7.80M
CashFlowFromContinuingInvestingActivities-39.92M-337.20M29.86M-70.42M
NetInvestmentPurchaseAndSale7.57M18.18M52.81M-20.50M
SaleOfInvestment10.57M23.18M107.20M4.29M
PurchaseOfInvestment-3.00M-5.00M-54.38M-24.80M
NetBusinessPurchaseAndSale-1.61M-332.72M0.000.00
PurchaseOfBusiness-1.61M-332.72M0.000.00
NetIntangiblesPurchaseAndSale-4.40M
PurchaseOfIntangibles-4.40M
NetPPEPurchaseAndSale-30.09M-9.11M-15.14M-43.91M
SaleOfPPE29.28M4.39M1.13M0.00
PurchaseOfPPE-59.38M-13.50M-16.27M-43.91M
CapitalExpenditureReported-15.78M-13.55M-7.82M-6.00M
OperatingCashFlow124.49M41.42M78.97M103.41M
CashFromDiscontinuedOperatingActivities0.000.00-1.21M
CashFlowFromContinuingOperatingActivities124.49M41.42M78.97M103.41M
ChangeInWorkingCapital-7.37M-28.50M-62.30M-39.76M
ChangeInOtherWorkingCapital-8.07M3.73M-5.36M-2.03M
ChangeInPayablesAndAccruedExpense30.37M1.57M-1.40M-10.92M
ChangeInAccruedExpense19.82M12.87M-5.06M-8.38M
ChangeInInterestPayable-2.05M1.72M-9.41M3.65M
ChangeInPayable10.55M-11.29M3.66M-2.54M
ChangeInAccountPayable10.55M-11.29M3.66M-2.54M
ChangeInPrepaidAssets-9.40M-13.42M-49.89M8.35M
ChangeInInventory-1.08M-16.22M-13.69M-15.52M
ChangeInReceivables-19.18M-4.17M8.05M-19.65M
ChangesInAccountReceivables-4.95M2.97M4.83M-17.48M
OtherNonCashItems19.07M5.66M4.30M3.67M
StockBasedCompensation24.07M20.78M21.29M19.07M
UnrealizedGainLossOnInvestmentSecurities3.55M793.00K-1.34M0.00
ProvisionandWriteOffofAssets1.50M3.80M1.23M1.05M
DeferredTax9.96M3.25M-49.17M13.17M
DeferredIncomeTax9.96M3.25M-49.17M13.17M
DepreciationAmortizationDepletion60.28M18.97M16.70M12.58M
DepreciationAndAmortization60.28M18.97M16.70M12.58M
OperatingGainsLosses504.00K2.93M2.59M1.58M
EarningsLossesFromEquityInvestments-1.34M0.000.00
NetIncomeFromContinuingOperations12.92M13.75M145.68M92.06M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for GOGO
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status