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 engages in the development, deployment, and operation of networks, towers, cyber security software and data centers to support in-flight connectivity services, as well as in the provision of telecommunications services. It 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 601.68M
Enterprise Value 1.37B Income -5.29M Sales 817.73M
Book/sh 0.80 Cash/sh 1.03 Dividend Yield —
Payout 0.00% Employees 790 IPO —
P/E — Forward P/E 6.07 PEG —
P/S 0.74 P/B 5.63 P/C —
EV/EBITDA 7.01 EV/Sales 1.68 Quick Ratio 1.20
Current Ratio 1.74 Debt/Eq 849.53 LT Debt/Eq —
EPS (ttm) -0.05 EPS next Y 0.74 EPS Growth —
Revenue Growth 122.40% Earnings 2026-02-27 ROA 8.55%
ROE -6.63% ROIC — Gross Margin 47.60%
Oper. Margin 12.86% Profit Margin -0.65% Shs Outstand 133.85M
Shs Float 97.20M Short Float 37.74% Short Ratio 9.62
Short Interest — 52W High 16.82 52W Low 3.85
Beta 1.06 Avg Volume 2.72M Volume 152.84K
Target Price $10.67 Recom None Prev Close $4.50
Price $4.50 Change -0.11%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.67
Mean price target
2. Current target
$4.50
Latest analyst target
3. DCF / Fair value
$15.20
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.50
Low
$8.00
High
$13.00
Mean
$10.67

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 Url Text Insider Position Transaction Start Date Ownership Value
0 267737 — — THORNE OAKLEIGH Director and Beneficial Owner of more than 10% of a Class of Security — 2026-01-08 00:00:00 D nan
1 336927 — — THORNE OAKLEIGH Director — 2025-12-31 00:00:00 D nan
2 170000 — Purchase at price 5.24 - 5.35 per share. THORNE OAKLEIGH Officer, Director and Beneficial Owner — 2025-12-12 00:00:00 D 907300.0
3 3250 — — GOLDFINE LEIGH Officer — 2025-12-05 00:00:00 D nan
4 200000 — — MOORE CHRISTOPHER JOHN Chief Executive Officer — 2025-12-03 00:00:00 D nan
5 5000 — — OLSON HAYDEN Officer — 2025-12-03 00:00:00 D nan
6 10000 — — COTNER ZACHARY A. Chief Financial Officer — 2025-12-03 00:00:00 D nan
7 3067 — — GOLDFINE LEIGH Officer — 2025-11-28 00:00:00 D nan
8 89991 — Purchase at price 6.87 - 7.17 per share. TOWNSEND CHARLES C Director — 2025-11-19 00:00:00 D 627527.0
9 250 — Purchase at price 6.85 per share. MAYES MICHELE COLEMAN Director — 2025-11-18 00:00:00 D 1712.0
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.00-467.04K0.00-22.67M
TaxRateForCalcs0.240.210.130.27
NormalizedEBITDA93.95M174.26M162.44M131.61M
TotalUnusualItems0.00-2.22M0.00-83.96M
TotalUnusualItemsExcludingGoodwill0.00-2.22M0.00-83.96M
NetIncomeFromContinuingOperationNetMinorityInterest13.75M145.68M92.06M156.59M
ReconciledDepreciation18.97M16.70M12.58M15.48M
ReconciledCostOfRevenue166.60M132.95M135.90M102.19M
EBITDA93.95M172.04M162.44M47.65M
EBIT74.98M155.34M149.86M32.17M
NetInterestIncome-30.09M-25.65M-36.49M-67.28M
InterestExpense56.85M57.73M44.14M62.81M
InterestIncome29.26M34.47M10.71M191.00K
NormalizedIncome13.75M147.43M92.06M217.88M
NetIncomeFromContinuingAndDiscontinuedOperation13.75M145.68M92.06M152.74M
TotalExpenses393.44M273.41M261.74M215.09M
TotalOperatingIncomeAsReported51.27M124.17M142.33M120.63M
DilutedAverageShares131.46M133.28M133.92M127.20M
BasicAverageShares128.53M129.75M123.27M103.40M
DilutedEPS0.101.090.711.28
BasicEPS0.111.120.751.46
DilutedNIAvailtoComStockholders13.75M145.68M92.06M152.74M
NetIncomeCommonStockholders13.75M145.68M92.06M152.74M
NetIncome13.75M145.68M92.06M152.74M
NetIncomeIncludingNoncontrollingInterests13.75M145.68M92.06M152.74M
NetIncomeDiscontinuousOperations0.000.00-3.85M
NetIncomeContinuousOperations13.75M145.68M92.06M156.59M
TaxProvision4.39M-48.08M13.66M-187.23M
PretaxIncome18.13M97.60M105.72M-30.64M
OtherIncomeExpense-3.04M-909.00K-123.00K-83.99M
OtherNonOperatingIncomeExpenses-3.04M1.31M-123.00K-25.00K
SpecialIncomeCharges0.00-2.22M0.00-83.96M
OtherSpecialCharges2.22M83.96M
NetNonOperatingInterestIncomeExpense-30.09M-25.65M-36.49M-67.28M
TotalOtherFinanceCost2.51M2.38M3.06M4.66M
InterestExpenseNonOperating56.85M57.73M44.14M62.81M
InterestIncomeNonOperating29.26M34.47M10.71M191.00K
OperatingIncome51.27M124.17M142.33M120.63M
OperatingExpense226.84M140.46M125.84M112.89M
DepreciationAmortizationDepletionIncomeStatement18.97M16.70M12.58M15.48M
DepreciationAndAmortizationInIncomeStatement18.97M16.70M12.58M15.48M
ResearchAndDevelopment44.77M36.68M29.59M24.87M
SellingGeneralAndAdministration163.09M87.08M83.67M72.54M
SellingAndMarketingExpense38.02M29.80M25.47M20.98M
GeneralAndAdministrativeExpense125.07M57.28M58.20M51.55M
OtherGandA125.07M57.28M58.20M51.55M
GrossProfit278.11M264.63M268.17M233.52M
CostOfRevenue166.60M132.95M135.90M102.19M
TotalRevenue444.71M397.58M404.07M335.72M
OperatingRevenue444.71M397.58M404.07M335.72M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber13.18M9.17M8.69M6.62M
OrdinarySharesNumber130.92M128.46M127.84M110.79M
ShareIssued144.10M137.63M136.53M117.41M
NetDebt792.32M455.71M546.87M658.47M
TotalDebt914.93M678.08M785.76M889.15M
TangibleBookValue-390.84M-14.92M-151.36M-369.69M
InvestedCapital903.40M635.48M595.55M484.23M
WorkingCapital141.06M242.60M239.78M61.40M
NetTangibleAssets-390.84M-14.92M-151.36M-369.69M
CapitalLeaseObligations80.85M83.33M88.33M84.77M
CommonStockEquity69.32M40.73M-101.87M-320.15M
TotalCapitalization900.90M628.23M588.30M374.61M
TotalEquityGrossMinorityInterest69.32M40.73M-101.87M-320.15M
StockholdersEquity69.32M40.73M-101.87M-320.15M
GainsLossesNotAffectingRetainedEarnings5.57M15.80M30.13M1.79M
OtherEquityAdjustments5.57M15.80M30.13M1.79M
TreasuryStock196.38M163.20M158.38M128.80M
RetainedEarnings-1.20B-1.21B-1.36B-1.45B
AdditionalPaidInCapital1.46B1.40B1.39B1.26B
CapitalStock14.00K14.00K14.00K11.00K
CommonStock14.00K14.00K14.00K11.00K
TotalLiabilitiesNetMinorityInterest1.16B740.81M861.39M967.84M
TotalNonCurrentLiabilitiesNetMinorityInterest977.88M668.82M777.02M779.33M
OtherNonCurrentLiabilities78.12M8.27M7.61M2.38M
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredTaxesLiabilities0.00
LongTermDebtAndCapitalLeaseObligation899.76M660.55M769.41M772.09M
LongTermCapitalLeaseObligation68.18M73.05M79.24M77.33M
LongTermDebt831.58M587.50M690.17M694.76M
LongTermProvisions6.03M4.86M
CurrentLiabilities182.03M72.00M84.37M188.52M
CurrentDeferredLiabilities30.41M1.00M3.42M1.82M
CurrentDeferredRevenue30.41M1.00M3.42M1.82M
CurrentDebtAndCapitalLeaseObligation15.18M17.53M16.34M117.06M
CurrentCapitalLeaseObligation12.68M10.28M9.09M7.44M
CurrentDebt2.50M7.25M7.25M109.62M
OtherCurrentBorrowings2.50M7.25M7.25M109.62M
PensionandOtherPostRetirementBenefitPlansCurrent20.67M10.39M19.23M13.79M
CurrentProvisions14.04M9.45M4.26M2.45M
PayablesAndAccruedExpenses101.74M33.63M41.12M53.39M
CurrentAccruedExpenses25.54M15.36M25.19M34.19M
InterestPayable2.18M469.00K9.88M6.23M
Payables76.20M18.26M15.93M19.20M
TotalTaxPayable8.97M2.17M2.28M2.00M
AccountsPayable67.23M16.09M13.65M17.20M
TotalAssets1.23B781.54M759.53M647.69M
TotalNonCurrentAssets906.14M466.94M435.38M397.77M
OtherNonCurrentAssets10.44M5.05M2.98M1.99M
NonCurrentDeferredAssets219.65M217.65M164.10M187.01M
NonCurrentDeferredTaxesAssets217.31M216.64M162.66M185.13M
NonCurrentAccountsReceivable17.42M9.62M13.38M13.22M
FinancialAssets6.66M10.29M25.58M11.36M
InvestmentsAndAdvances4.21M0.00
InvestmentinFinancialAssets4.21M0.00
GoodwillAndOtherIntangibleAssets460.16M55.65M49.49M49.53M
OtherIntangibleAssets275.33M55.03M48.89M48.93M
Goodwill184.83M620.00K600.00K600.00K
NetPPE187.59M168.68M179.86M134.66M
AccumulatedDepreciation-134.54M-121.33M-107.37M-105.23M
GrossPPE322.13M290.01M287.22M239.89M
Leases16.19M16.13M15.36M13.54M
OtherProperties257.66M254.73M254.62M213.59M
MachineryFurnitureEquipment41.73M19.15M17.24M12.76M
LandAndImprovements6.54M0.00
Properties0.000.000.000.00
CurrentAssets323.09M314.59M324.15M249.91M
OtherCurrentAssets19.84M13.09M7.21M5.08M
AssetsHeldForSaleCurrent16.62M0.00
PrepaidAssets3.51M2.61M2.90M2.52M
Inventory97.93M63.19M49.49M33.98M
FinishedGoods44.30M28.50M14.65M12.41M
WorkInProcess53.63M34.69M34.84M21.57M
Receivables143.42M96.67M89.20M62.42M
OtherReceivables26.86M48.44M34.99M24.69M
TaxesReceivable5.04M0.00
AccountsReceivable111.51M48.23M54.21M37.73M
AllowanceForDoubtfulAccountsReceivable-4.47M-2.09M-1.78M-894.00K
GrossAccountsReceivable115.98M50.32M55.99M38.62M
CashCashEquivalentsAndShortTermInvestments41.77M139.04M175.35M145.91M
OtherShortTermInvestments0.0024.80M0.00
CashAndCashEquivalents41.77M139.04M150.55M145.91M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow14.37M54.88M53.49M56.83M
RepurchaseOfCapitalStock-33.19M-4.82M-18.38M0.00
RepaymentOfDebt-6.09M-107.38M-7.43M-1.03B
IssuanceOfDebt245.00M0.000.00721.38M
CapitalExpenditure-27.05M-24.09M-49.91M-8.66M
InterestPaidSupplementalData56.15M68.14M41.21M71.11M
IncomeTaxPaidSupplementalData3.10M1.00M377.00K376.00K
EndCashPosition42.30M139.37M150.88M146.27M
BeginningCashPosition139.37M150.88M146.27M435.87M
EffectOfExchangeRateChanges29.00K94.00K13.00K40.00K
ChangesInCash-97.09M-11.61M4.60M-289.64M
FinancingCashFlow198.69M-120.43M-28.39M-331.04M
CashFromDiscontinuedFinancingActivities0.000.000.00
CashFlowFromContinuingFinancingActivities198.69M-120.43M-28.39M-331.04M
NetOtherFinancingCharges-4.02M-21.10M
ProceedsFromStockOptionExercised-3.01M-8.23M-2.58M-4.39M
NetCommonStockIssuance-33.19M-4.82M-18.38M0.00
CommonStockPayments-33.19M-4.82M-18.38M0.00
NetIssuancePaymentsOfDebt238.91M-107.38M-7.43M-305.54M
NetShortTermDebtIssuance0.000.00
ShortTermDebtPayments0.000.00
ShortTermDebtIssuance0.000.00
NetLongTermDebtIssuance238.91M-107.38M-7.43M-305.54M
LongTermDebtPayments-6.09M-107.38M-7.43M-1.03B
LongTermDebtIssuance245.00M0.000.00721.38M
InvestingCashFlow-337.20M29.86M-70.42M-24.09M
CashFromDiscontinuedInvestingActivities0.000.00-7.80M
CashFlowFromContinuingInvestingActivities-337.20M29.86M-70.42M-16.29M
NetInvestmentPurchaseAndSale18.18M52.81M-20.50M-8.63M
SaleOfInvestment23.18M107.20M4.29M0.00
PurchaseOfInvestment-5.00M-54.38M-24.80M-8.63M
NetBusinessPurchaseAndSale-332.72M0.000.00
PurchaseOfBusiness-332.72M0.000.00
NetIntangiblesPurchaseAndSale-4.40M
PurchaseOfIntangibles-4.40M
NetPPEPurchaseAndSale-9.11M-15.14M-43.91M-3.26M
SaleOfPPE4.39M1.13M0.001.00M
PurchaseOfPPE-13.50M-16.27M-43.91M-4.26M
CapitalExpenditureReported-13.55M-7.82M-6.00M-4.40M
OperatingCashFlow41.42M78.97M103.41M65.49M
CashFromDiscontinuedOperatingActivities0.000.00-1.21M
CashFlowFromContinuingOperatingActivities41.42M78.97M103.41M66.70M
ChangeInWorkingCapital-28.50M-62.30M-39.76M-20.86M
ChangeInOtherWorkingCapital3.73M-5.36M-2.03M253.00K
ChangeInPayablesAndAccruedExpense1.57M-1.40M-10.92M9.30M
ChangeInAccruedExpense12.87M-5.06M-8.38M5.50M
ChangeInInterestPayable1.72M-9.41M3.65M-8.60M
ChangeInPayable-11.29M3.66M-2.54M3.81M
ChangeInAccountPayable-11.29M3.66M-2.54M3.81M
ChangeInPrepaidAssets-13.42M-49.89M8.35M-20.84M
ChangeInInventory-16.22M-13.69M-15.52M-5.86M
ChangeInReceivables-4.17M8.05M-19.65M-3.71M
ChangesInAccountReceivables2.97M4.83M-17.48M1.93M
OtherNonCashItems5.66M4.30M3.67M5.08M
StockBasedCompensation20.78M21.29M19.07M13.35M
UnrealizedGainLossOnInvestmentSecurities793.00K-1.34M0.00
ProvisionandWriteOffofAssets3.80M1.23M1.05M284.00K
DeferredTax3.25M-49.17M13.17M-187.32M
DeferredIncomeTax3.25M-49.17M13.17M-187.32M
DepreciationAmortizationDepletion18.97M16.70M12.58M15.48M
DepreciationAndAmortization18.97M16.70M12.58M15.48M
OperatingGainsLosses2.93M2.59M1.58M84.10M
EarningsLossesFromEquityInvestments-1.34M0.000.00
NetIncomeFromContinuingOperations13.75M145.68M92.06M156.59M
SEC Filings

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

Public Trades for GOGO
Date User Asset Broker Type Position Size Entry Price Patterns