Financial Statements — GOGO
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.10 | 0.13 | 0.10 | 0.07 | 0.18 | 0.16 | 0.15 | 0.09 | 0.10 | 0.16 | 0.15 | 0.16 | 0.15 | 0.13 | 0.11 | 0.46 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | 0.02 | 0.00 | 0.02 | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.12 | 0.11 | 0.11 | 0.12 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory | 0.10 | 0.08 | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 |
| Total Current Assets | 0.43 | 0.42 | 0.39 | 0.35 | 0.35 | 0.34 | 0.34 | 0.29 | 0.26 | 0.34 | 0.29 | 0.30 | 0.27 | 0.24 | 0.19 | 0.53 |
| Property, Plant & Equipment | 0.12 | 0.12 | 0.12 | 0.12 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.08 | 0.07 | 0.06 | 0.06 | 0.06 |
| Goodwill | 0.19 | 0.19 | 0.19 | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.20 | 0.22 | 0.23 | 0.24 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Non-current Assets | 0.85 | 0.87 | 0.88 | 0.88 | 0.46 | 0.46 | 0.47 | 0.48 | 0.49 | 0.42 | 0.44 | 0.42 | 0.41 | 0.20 | 0.16 | 0.16 |
| Total Assets | 1.28 | 1.30 | 1.26 | 1.24 | 0.81 | 0.80 | 0.81 | 0.77 | 0.75 | 0.76 | 0.73 | 0.72 | 0.69 | 0.44 | 0.35 | 0.69 |
| Accounts Payable | 0.08 | 0.07 | 0.06 | 0.07 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.26 | 0.24 | 0.23 | 0.19 | 0.10 | 0.09 | 0.08 | 0.06 | 0.06 | 0.07 | 0.08 | 0.09 | 0.19 | 0.22 | 0.19 | 0.11 |
| Long-term Debt | 0.81 | 0.83 | 0.83 | 0.83 | 0.58 | 0.59 | 0.59 | 0.59 | 0.59 | 0.69 | 0.71 | 0.71 | 0.82 | 0.82 | 0.82 | 1.18 |
| Total Non-current Liabilities | 0.90 | 0.94 | 0.93 | 0.96 | 0.66 | 0.66 | 0.67 | 0.67 | 0.67 | 0.77 | 0.78 | 0.78 | 0.78 | 0.78 | 0.74 | 1.21 |
| Total Liabilities | 1.16 | 1.19 | 1.16 | 1.16 | 0.76 | 0.75 | 0.75 | 0.73 | 0.74 | 0.85 | 0.86 | 0.87 | 0.97 | 1.00 | 0.93 | 1.32 |
| Retained Earnings | (1.17) | (1.18) | (1.18) | (1.19) | (1.17) | (1.18) | (1.18) | (1.23) | (1.25) | (1.34) | (1.39) | (1.41) | (1.43) | (1.67) | (1.68) | (1.61) |
| Total Stockholder Equity | 0.12 | 0.11 | 0.10 | 0.08 | 0.05 | 0.05 | 0.06 | 0.03 | 0.01 | (0.09) | (0.13) | (0.15) | (0.28) | (0.56) | (0.58) | (0.63) |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 226.32 | 230.56 | 223.59 | 226.04 | 230.31 | 137.80 | 100.53 | 102.06 | 104.32 | 97.81 | 97.95 | 103.22 | 98.60 | 108.16 | 105.32 | 97.84 | 92.75 | 92.30 | 87.17 | 82.38 |
| Cost of Revenue | -- | -- | -- | 27.68 | 29.33 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | 198.36 | 200.98 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 6.50 | 14.00 | 15.70 | 12.50 | 13.90 | 15.50 | 9.80 | 10.30 | 9.20 | 10.40 | 9.20 | 9.20 | 7.90 | 8.20 | 8.00 | 8.00 | 5.40 | 6.90 | 6.00 | 6.50 |
| Selling, General & Admin | 26.21 | 30.73 | 27.86 | 28.63 | 29.52 | 63.66 | 24.92 | 21.85 | 14.65 | 16.55 | 13.34 | 13.20 | 14.20 | 13.91 | 15.47 | 15.36 | 13.46 | 14.19 | 15.25 | 11.75 |
| Total Operating Expenses | -- | -- | -- | 162.40 | 165.79 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | 31.69 | 14.19 | 28.74 | 35.96 | 35.19 | (24.15) | 19.07 | 21.68 | 34.67 | 24.88 | 33.32 | 34.05 | 31.93 | 38.70 | 36.34 | 32.34 | 34.95 | 32.33 | 30.91 | 29.61 |
| Interest Expense | 16.85 | 17.57 | 17.68 | 16.41 | 16.56 | 12.24 | 9.67 | 8.11 | 8.41 | 8.25 | 8.03 | 7.81 | 8.98 | 9.43 | 8.78 | 9.77 | 10.89 | 10.90 | 10.94 | 16.34 |
| Pretax Income | 21.03 | (8.59) | (0.56) | 16.98 | 18.99 | (36.40) | 12.15 | 0.97 | 41.41 | 19.10 | 27.64 | 26.02 | 24.84 | 30.71 | 28.16 | 22.72 | 24.13 | 21.46 | 19.86 | (66.12) |
| Tax Provision | 7.95 | 1.41 | 1.37 | 4.17 | 6.94 | (8.19) | 1.52 | 0.13 | 10.92 | 4.64 | 6.73 | (63.83) | 4.39 | 3.04 | 7.98 | 0.70 | 1.94 | (187.67) | 0.13 | 0.28 |
| Net Income | 13.09 | (10.00) | (1.93) | 12.81 | 12.04 | (28.21) | 10.63 | 0.84 | 30.49 | 14.47 | 20.91 | 89.85 | 20.45 | 27.67 | 20.18 | 22.02 | 22.20 | 218.71 | 10.96 | (69.25) |
| Basic EPS | 0.10 | (0.08) | (0.01) | 0.10 | 0.09 | (0.22) | 0.08 | 0.01 | 0.24 | 0.11 | 0.16 | 0.69 | 0.16 | 0.21 | 0.16 | 0.18 | 0.20 | 2.11 | 0.10 | -- |
| Diluted EPS | 0.10 | (0.08) | (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 | 0.17 | 0.18 | 1.93 | 0.16 | -- |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (7.24) | 8.50 | 46.80 | 36.71 | 32.47 | (38.32) | 25.13 | 24.95 | 29.66 | -- | 27.70 | 15.63 | 18.51 | 31.47 | 27.70 | 26.37 | 17.87 | 30.34 | 26.75 | (14.97) |
| Capital Expenditures | 25.72 | 33.90 | 19.54 | 3.18 | 2.75 | 4.25 | 4.42 | 3.39 | 1.45 | 2.26 | 3.60 | 7.29 | 3.11 | 8.73 | 17.71 | 9.88 | 7.60 | 1.43 | 1.55 | 0.92 |
| Free Cash Flow* | (32.96) | (25.40) | 27.26 | 33.53 | 29.72 | (42.57) | 20.72 | 21.56 | 28.21 | -- | 24.10 | 8.33 | 15.40 | 22.74 | 9.99 | 16.49 | 10.27 | 28.91 | 25.21 | (15.90) |
| Investing Cash Flow | (11.95) | (16.45) | (16.25) | (4.79) | (2.43) | (333.98) | (0.54) | (0.08) | (2.60) | -- | (27.33) | 22.36 | 1.56 | -- | -- | -- | -- | -- | -- | -- |
| Financing Cash Flow | (2.61) | (0.24) | 1.16 | (0.69) | (1.57) | 237.59 | (9.45) | (16.16) | (13.30) | -- | (2.41) | (104.02) | (7.44) | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
