Gogo Inc. (GOGO) — Financial statements
Income statement, balance sheet, and cash flow for Gogo Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 910↑104.7% | 445↑11.9% | 398↓1.6% | 404↑20.4% | 336 | |
| Cost of Revenue | 373↑123.7% | 167↑25.3% | 133↓2.2% | 136↑33.0% | 102 | |
| Gross Profit | 538↑93.4% | 278↑5.1% | 265↓1.3% | 268↑14.8% | 234 | |
| Operating Expenses | ||||||
| R&D Expenses | 56↑25.4% | 45↑22.1% | 37↑24.0% | 30↑18.9% | 25 | |
| General & Administrative Expenses | 117↑63.1% | 72↑25.0% | 57↓1.6% | 58↑12.9% | 52 | |
| Selling & Marketing Expenses | 56↑46.9% | 38↑27.6% | 30↑17.0% | 25↑21.4% | 21 | |
| SG&A Expenses | 173↑57.4% | 110↑25.9% | 87↑4.1% | 84↑15.4% | 73 | |
| Other Expenses | 195↑169.1% | 72↑333.8% | 17↑32.8% | 13↓18.7% | 15 | |
| Operating Expenses | 424↑86.8% | 227↑61.5% | 140↑11.6% | 126↑11.5% | 113 | |
| Total Costs & Expenses | 796↑102.4% | 393↑43.9% | 273↑4.5% | 262↑21.7% | 215 | |
| Operating Results | ||||||
| Operating Income | 114↑122.5% | 51↓58.7% | 124↓12.8% | 142↑18.0% | 121 | |
| Depreciation & Amortization | 60↑217.7% | 19↑13.6% | 17↑32.8% | 13↓18.7% | 15 | |
| EBITDA | 155↑105.6% | 76↓46.4% | 141↓10.4% | 157↑200.4% | 52 | |
| EBIT | 95↑68.0% | 57↓54.4% | 124↓14.1% | 145↑292.6% | 37 | |
| Interest & Other Income | ||||||
| Net Interest Income | -64↓111.1% | -30↓17.3% | -26↑29.7% | -36↑45.8% | -67 | |
| Interest Income | 5↓43.9% | 8↑12.6% | 7↑210.3% | 2↑1149.2% | 0.19 | |
| Interest Expense | 68↑77.5% | 38↑16.3% | 33↓15.0% | 39↓42.4% | 67 | |
| Non-Operating Income | 19↑459.9% | -5 | 0.00↑100.0% | -2↓102.7% | 84 | |
| Other Income / Expenses | -87↓163.4% | -33↓24.8% | -27↑27.4% | -37↑75.8% | -151 | |
| Income Before Tax | 27↑47.9% | 18↓81.4% | 98↓7.7% | 106↑445.0% | -31 | |
| Income Tax Expense | 14↑216.5% | 4↑109.1% | -48↓452.0% | 14↑107.3% | -187 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 13↓6.0% | 14↓90.6% | 146↑58.2% | 92↓41.2% | 157 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -4 | |
| Net Income | 13↓6.0% | 14↓90.6% | 146↑58.2% | 92↓39.7% | 153 | |
| Bottom-Line Net Income | 13↓6.0% | 14↓90.6% | 146↑58.2% | 92↓39.7% | 153 | |
| EPS (Basic) | 0.10↓12.2% | 0.11↓90.2% | 1.12↑49.3% | 0.75↓48.6% | 1.46 | |
| EPS (Diluted) | 0.09↓5.4% | 0.10↓90.8% | 1.09↑53.5% | 0.71↓44.5% | 1.28 | |
| Weighted Average Shares | 134↑4.0% | 129↓0.9% | 130↑5.3% | 123↑19.2% | 103 | |
| Weighted Average Diluted Shares | 137↑3.9% | 131↓1.4% | 133↓0.5% | 134↑5.3% | 127 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.