GOGO · XBRL financial data

Gogo financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (GOGO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	270	336	404	398	445	910
Cost of revenue	—	—	—	—	68	—
Research and development	25	25	30	37	45	56
General and administrative	54	52	58	57	125	117
Operating income (loss)	76	121	142	124	51	114
Interest income	1	0	2	7	8	5
Interest expense	126	67	39	33	38	68
Other income (expense)	0	(0)	(0)	1	(3)	(12)
Income tax expense (benefit)	(0)	(187)	14	(48)	4	14
Net income (loss)	(250)	153	92	146	14	13
Earnings per share, basic USD per share	(3.04)	1.46	0.75	1.12	0.11	0.10
Earnings per share, diluted USD per share	(3.04)	1.28	0.71	1.09	0.10	0.09
Weighted average shares, basic millions of shares	0	0	0	0	0	0
Weighted average shares, diluted millions of shares	0	0	0	0	0	0

Fiscal years (GOGO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	435	146	151	139	42	125
Short-term investments	—	0	25	0	—	—
Accounts receivable	40	38	54	48	112	113
Inventory	28	34	49	63	98	99
Prepaid and other current assets	9	32	45	64	55	69
Total current assets	512	250	324	315	323	432
Property and equipment, net	63	64	105	98	119	117
Right-of-use asset	34	71	75	71	68	58
Goodwill	1	1	1	1	185	193
Total assets	674	648	760	782	1,229	1,304
Accounts payable	11	17	14	16	67	93
Accrued liabilities	83	60	60	48	82	139
Current portion of long-term debt	341	110	7	7	3	3
Total current liabilities	438	189	84	72	182	269
Long-term debt	828	695	690	588	832	834
Lease liability, non-current	38	77	79	73	68	56
Total liabilities	1,315	968	861	741	1,160	1,203
Accumulated deficit	(1,630)	(1,452)	(1,360)	(1,214)	(1,200)	(1,187)
Total stockholders' equity	(641)	(320)	(102)	41	69	101
Total liabilities and equity	674	648	760	782	1,229	1,304
Common shares outstanding (cover page) millions of shares	86	111	128	128	131	135

Fiscal years (GOGO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(250)	153	92	146	14	13
Stock-based compensation	8	13	19	21	21	24
Depreciation and amortization	14	15	13	17	19	60
Net cash from operating activities	—	—	103	79	41	124
Purchases of property and equipment	2	4	44	16	14	59
Net cash from investing activities	—	—	(70)	30	(337)	(40)
Share repurchases	0	0	18	5	33	0
Net cash from financing activities	—	—	(28)	(120)	199	(1)
Net change in cash	258	(290)	5	(12)	(97)	83

SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Gogo	63	223	32*	135.5M	—	Q2 FY26 10-QJun 30, 2026
Globalstar	410	65	125*	not reported	—	Q2 FY26 10-QJun 30, 2026
Calix	56	302	6.3*	61.8M	—	Q3 FY26 10-QSep 26, 2026
Cogent Communications Holdings	184	not reported	3.2*	51.2M	—	Q2 FY26 10-QJun 30, 2026
Iridium Communications	98	246	96*	106.2M	—	Q3 FY26 10-QSep 30, 2026
Spire Global	39	18	(23)*	not reported	3.9 quarters	Q2 FY26 10-QJun 30, 2026
EchoStar	13,437	1,128	113*	not reported	—	Q3 FY26 10-QSep 30, 2026
Viasat	1,736	1,157	261	137.8M	—	Q1 FY27 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.