7Baggers

Gogo Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -169.91-112.74-55.561.6158.78115.96173.13230.31Milllion

Gogo Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 
                                                   
  revenue:                                                 
  service revenue193,965,000 198,612,000 118,811,000 81,857,000 81,929,000 81,673,000 80,908,000 79,546,000 79,062,000 78,499,000 77,346,000 75,252,000 73,064,000 70,667,000 69,257,000 66,204,000 64,767,000 59,355,000 158,663,000 53,324,000 74,279,000 150,782,000 167,211,000 158,399,000 173,731,000 165,012,000 160,037,000 160,376,000 159,056,000 150,678,000 464,559,000 153,347,000 154,076,000 146,495,000 385,194,000 129,099,000 127,587,000 118,720,000 115,931,000 107,243,000 101,395,000 95,406,000 241,161,000 81,586,000 79,165,000 72,291,000 186,591,000 63,790,000 62,000,000 
  equipment revenue32,073,000 31,695,000 18,988,000 18,672,000 20,130,000 22,649,000 16,902,000 18,403,000 24,159,000 20,098,000 30,817,000 30,066,000 24,772,000 22,083,000 23,043,000 20,968,000 17,608,000 14,514,000 44,530,000 13,201,000 22,361,000 33,693,000 54,099,000 42,783,000 39,954,000 34,537,000 57,187,000 56,881,000 68,402,000 81,147,000 61,657,000 19,527,000 18,724,000 18,911,000 64,089,000 18,168,000 19,952,000 23,026,000 21,848,000 19,164,000 19,796,000 20,105,000 63,295,000 22,449,000 20,364,000 23,403,000 56,154,000 21,589,000 17,437,000 
  total revenue226,038,000 230,307,000 137,799,000 100,529,000 102,059,000 104,322,000 97,810,000 97,949,000 103,221,000 98,597,000 108,163,000 105,318,000 97,836,000 92,750,000 92,300,000 87,172,000 82,375,000 73,869,000 203,193,000 66,525,000 96,640,000 184,475,000 221,310,000 201,182,000 213,685,000 199,549,000 217,224,000 217,257,000 227,458,000 231,825,000 526,216,000 172,874,000 172,800,000 165,406,000 449,283,000 147,267,000 147,539,000 141,746,000 137,779,000 126,407,000 121,191,000 115,511,000 304,456,000 104,035,000 99,529,000 95,694,000 242,745,000 85,379,000 79,437,000 
  yoy121.48% 120.77% 40.88% 2.63% -1.13% 5.81% -9.57% -7.00% 5.50% 6.30% 17.19% 20.82% 18.77% 25.56% -54.58% 31.04% -14.76% -59.96% -8.19% -66.93% -54.77% -7.55% 1.88% -7.40% -6.06% -13.92% -58.72% 25.67% 31.63% 40.16% 17.12% 17.39% 17.12% 16.69% 226.09% 16.50% 21.74% 22.71% -54.75% 21.50% 21.76% 20.71% 25.42% 21.85% 25.29%     
  qoq-1.85% 67.13% 37.07% -1.50% -2.17% 6.66% -0.14% -5.11% 4.69% -8.84% 2.70% 7.65% 5.48% 0.49% 5.88% 5.82% 11.51% -63.65% 205.44% -31.16% -47.61% -16.64% 10.00% -5.85% 7.08% -8.14% -0.02% -4.48% -1.88% -55.94% 204.39% 0.04% 4.47% -63.18% 205.08% -0.18% 4.09% 2.88% 9.00% 4.30% 4.92% -62.06% 192.65% 4.53% 4.01% -60.58% 184.31% 7.48%  
  operating expenses:                                                 
  cost of service revenue91,383,000 94,047,000 43,249,000 19,051,000 18,871,000 17,871,000 17,836,000 18,116,000 16,819,000 16,797,000 16,744,000 17,297,000 15,752,000 14,634,000 13,846,000 12,985,000 15,177,000 14,095,000 33,438,000 11,635,000 42,223,000 70,755,000 84,342,000 73,891,000 71,494,000 68,121,000 73,569,000 69,476,000 73,650,000 74,947,000 200,480,000 67,854,000 69,127,000 64,813,000 169,713,000 56,365,000 53,396,000 54,854,000 52,397,000 45,477,000 44,382,000 45,547,000 127,188,000 42,747,000 41,567,000 39,628,000 97,068,000 35,191,000 31,135,000 
  cost of equipment revenue27,681,000 29,326,000 20,178,000 15,165,000 16,432,000 15,786,000 15,400,000 12,320,000 17,537,000 18,126,000 21,063,000 19,261,000 16,868,000 14,281,000 14,510,000 12,368,000 10,932,000 8,282,000 30,756,000 8,543,000 15,376,000 26,040,000 40,596,000 28,830,000 35,571,000 29,731,000 51,641,000 53,960,000 64,350,000 52,293,000 43,228,000 15,326,000 14,649,000 11,648,000 38,123,000 10,527,000 12,477,000 13,748,000 11,183,000 9,744,000 10,173,000 9,458,000 27,619,000 11,906,000 8,627,000 9,986,000 26,125,000 9,614,000 8,048,000 
  engineering, design and development12,522,000 13,875,000 15,493,000 9,759,000 10,304,000 9,216,000 10,424,000 9,154,000 9,226,000 7,879,000 8,241,000 7,988,000 7,952,000 5,406,000 6,882,000 5,958,000 6,541,000 5,493,000 20,717,000 4,510,000 15,409,000 22,863,000 28,093,000 28,877,000 26,912,000 24,728,000 31,886,000 30,018,000 28,409,000 29,777,000 101,973,000 31,313,000 35,685,000 36,264,000 70,878,000 25,835,000 24,718,000 21,648,000 31,705,000 21,367,000 17,280,000 17,085,000 48,927,000 16,193,000 15,789,000 14,099,000 38,365,000 11,322,000 12,333,000 
  sales and marketing14,741,000 14,210,000 12,150,000 8,551,000 9,036,000 8,283,000 8,049,000 7,015,000 7,856,000 6,877,000 6,932,000 6,240,000 6,068,000 6,231,000 6,892,000 5,538,000 4,826,000 3,729,000 11,377,000 3,758,000 5,880,000 9,652,000 11,510,000 12,334,000 12,994,000 12,318,000 13,532,000 13,963,000 15,427,000 15,901,000 47,723,000 16,294,000 16,564,000 14,395,000 46,303,000 14,874,000 16,750,000 14,742,000 22,092,000 12,345,000 11,465,000 10,241,000 28,271,000 10,354,000 9,687,000 8,042,000 22,989,000 7,608,000 7,060,000 
  general and administrative28,633,000 29,519,000 63,655,000 24,917,000 21,848,000 14,651,000 16,546,000 13,336,000 13,199,000 14,199,000 13,914,000 15,474,000 15,357,000 13,458,000 14,185,000 15,250,000 11,746,000 10,373,000 41,928,000 12,539,000 22,505,000 27,166,000 19,568,000 20,740,000 27,081,000 22,454,000 23,117,000 24,860,000 21,133,000 25,159,000 69,607,000 24,064,000 23,549,000 22,549,000 63,266,000 21,661,000 22,388,000 20,989,000 10,101,000 26,813,000 25,646,000 24,193,000 60,402,000 21,102,000 19,855,000 17,572,000 50,122,000 18,878,000 16,214,000 
  depreciation and amortization15,117,000 14,143,000 7,229,000 4,015,000 3,887,000 3,841,000 4,679,000 4,692,000 4,539,000 2,791,000 2,574,000 2,716,000 3,499,000 3,791,000 3,658,000 4,160,000 3,547,000 4,117,000 10,846,000 3,320,000 48,690,000 32,670,000 28,809,000 29,292,000 29,967,000 30,749,000 33,170,000 32,590,000 31,938,000 35,919,000 109,666,000 35,824,000 30,562,000 30,435,000 78,863,000 26,779,000 24,906,000 24,357,000 25,222,000 22,224,000 20,813,000 18,777,000 47,435,000 17,016,000 14,882,000 15,687,000 41,845,000 13,664,000 13,709,000 
  total operating expenses190,077,000 195,120,000 161,954,000 81,458,000 80,378,000 69,648,000 72,934,000 64,633,000 69,176,000 66,669,000 69,468,000 68,976,000 65,496,000 57,801,000 59,973,000 56,259,000 52,769,000 46,089,000 149,062,000 44,305,000 151,070,000 235,535,000 212,918,000 193,964,000 204,019,000 188,101,000 226,915,000 224,867,000 234,907,000 233,996,000 572,677,000 190,675,000 190,136,000 180,104,000 467,146,000 156,041,000 154,635,000 150,338,000 152,700,000 137,970,000 129,759,000 125,301,000 339,842,000 119,318,000 110,407,000 105,014,000 276,514,000 96,277,000 88,499,000 
  operating income35,961,000 35,187,000 -24,155,000 19,071,000 21,681,000 34,674,000 24,876,000 33,316,000 34,045,000 31,928,000 38,695,000 36,342,000 32,340,000 34,949,000 32,327,000 30,913,000 29,606,000 27,780,000 54,131,000 22,220,000 -54,430,000 -51,060,000 8,392,000 7,218,000 9,666,000 11,448,000 -9,691,000 -7,610,000 -7,449,000 -2,171,000 -46,461,000 -17,801,000 -17,336,000 -14,698,000 -17,863,000 -8,774,000 -7,096,000 -8,592,000 -14,921,000 -11,563,000 -8,568,000 -9,790,000 -35,386,000 -15,283,000 -10,878,000 -9,320,000 -33,769,000 -10,898,000 -9,062,000 
  yoy65.86% 1.48% -197.10% -42.76% -36.32% 8.60% -35.71% -8.33% 5.27% -8.64% 19.70% 17.56% 9.23% 25.81% -40.28% 39.12% -154.39% -154.41% 545.03% 207.84% -663.11% -546.02% -186.60% -194.85% -229.76% -627.31% -79.14% -57.25% -57.03% -85.23% 160.10% 102.88% 144.31% 71.07% 19.72% -24.12% -17.18% -12.24% -57.83% -24.34% -21.24% 5.04% 4.79% 40.24% 20.04%     
  qoq2.20% -245.67% -226.66% -12.04% -37.47% 39.39% -25.33% -2.14% 6.63% -17.49% 6.47% 12.37% -7.47% 8.11% 4.57% 4.41% 6.57% -48.68% 143.61% -140.82% 6.60% -708.44% 16.26% -25.33% -15.57% -218.13% 27.35% 2.16% 243.11% -95.33% 161.00% 2.68% 17.95% -17.72% 103.59% 23.65% -17.41% -42.42% 29.04% 34.96% -12.48% -72.33% 131.54% 40.49% 16.72% -72.40% 209.86% 20.26%  
  operating margin %15.91% 15.28% -17.53% 18.97% 21.24% 33.24% 25.43% 34.01% 32.98% 32.38% 35.77% 34.51% 33.06% 37.68% 35.02% 35.46% 35.94% 37.61% 26.64% 33.40% -56.32% -27.68% 3.79% 3.59% 4.52% 5.74% -4.46% -3.50% -3.27% -0.94% -8.83% -10.30% -10.03% -8.89% -3.98% -5.96% -4.81% -6.06% -10.83% -9.15% -7.07% -8.48% -11.62% -14.69% -10.93% -9.74% -13.91% -12.76% -11.41% 
  other income:                                                 
  interest income-1,182,000 -590,000 -1,749,000 -2,419,000 -2,120,000 -2,048,000 -1,894,000 -1,622,000 -1,971,000 -1,916,000 -1,455,000 -690,000 -194,000 -47,000 -46,000 -34,000 -54,000 -57,000 -686,000 -36,000 -81,000 -606,000 -844,000 -987,000 -1,230,000 -1,149,000 -985,000 -903,000 -1,328,000 -1,076,000 -2,281,000 -683,000 -771,000 -545,000 -783,000 -852,000 -166,000 -46,000 -116,000 -49,000 -11,000 -5,000 -50,000 -11,000 -9,000 -15,000 -50,000 -14,000 -14,000 
  interest expense16,411,000 16,558,000 12,238,000 9,670,000 8,113,000 8,410,000 8,249,000 8,025,000 7,806,000 8,976,000 9,430,000 8,781,000 9,772,000 10,889,000 10,895,000 10,943,000 16,340,000 29,294,000 94,588,000 31,199,000 31,280,000 31,174,000 31,128,000 30,740,000 36,150,000 32,554,000 30,871,000 30,743,000 30,641,000 30,554,000 84,359,000 27,585,000 27,226,000 26,943,000 58,799,000 24,848,000 17,557,000 16,296,000 16,259,000 16,734,000 15,801,000 10,095,000 23,368,000 9,370,000 7,381,000 7,248,000 21,782,000 7,490,000 10,370,000 
  change in fair value of earnout liability3,900,000                                                 
  other income-149,000 234,000 1,756,000 -332,000 14,717,000 -13,099,000 -582,000 -728,000 -36,000 31,000 11,000 95,000 43,000 -26,000 14,000 143,000 -127,000 -5,000 -21,000 12,000 233,000 2,993,000 177,000 143,000 443,000 -3,365,000 292,000 72,000 374,000 -505,000 522,000 228,000 56,000 38,000 -106,000 34,000 3,000 -174,000 287,000 377,000 -8,000 -82,000 44,000 -35,000 23,000 40,000 4,000 -2,000 -1,000 
  total other income18,980,000 16,202,000 12,245,000 6,919,000 20,710,000 -6,737,000 5,773,000 5,675,000 8,023,000 7,091,000 7,986,000 8,186,000 9,621,000 10,816,000 10,863,000 11,052,000 95,723,000 33,629,000 93,881,000 31,175,000 31,432,000 33,561,000 30,461,000 29,896,000 93,325,000 28,040,000 49,831,000 29,912,000 29,687,000 28,973,000 82,600,000 27,130,000 26,511,000 26,436,000 72,524,000 24,030,000 32,877,000 15,207,000 18,681,000 17,062,000 15,782,000 10,008,000 23,362,000 9,324,000 7,395,000 7,273,000 58,041,000 7,474,000 46,660,000 
  income before income taxes16,981,000 18,985,000 -36,400,000 12,152,000 971,000 41,411,000 19,625,000 27,641,000 26,022,000 24,837,000           -85,862,000 -84,621,000 -22,069,000 -22,678,000 -83,659,000 -16,592,000 -59,522,000 -37,522,000 -37,136,000 -31,144,000 -129,061,000 -44,931,000 -43,847,000 -41,134,000 -90,387,000 -32,804,000 -39,973,000 -23,799,000            
  income tax provision4,174,000 6,943,000    10,921,000    4,388,000 2,654,750 7,980,000 702,000 1,937,000   277,000 35,000 -16,250 -65,000 117,000 157,000         87,500 350,000 362,000 233,000 845,000 469,000 221,000 307,000 277,000 245,000 422,000 294,000 891,000 292,000 389,000 273,000 761,000 346,000 267,000 
  net income12,807,000 12,042,000 -28,213,000 10,630,000 839,000 30,490,000 14,467,000 20,913,000 89,849,000 20,449,000 27,670,000 20,176,000 22,017,000 22,196,000 218,709,000 10,959,000 -69,248,000 -7,685,000 -169,912,000 -80,124,000 -85,979,000 -84,778,000 -22,351,000 -22,891,000 -83,963,000 -16,799,000 -59,688,000 -37,717,000 -37,207,000 -27,419,000 -126,714,000 -45,281,000 -44,209,000 -41,367,000 -91,232,000 -33,273,000 -40,194,000 -24,106,000 -33,879,000 -28,870,000 -24,772,000 -20,092,000 -59,639,000 -24,899,000 -18,662,000 -16,866,000 -92,571,000 -18,718,000 -55,989,000 
  yoy1426.46% -60.51% -295.02% -49.17% -99.07% 49.10% -47.72% 3.65% 308.09% -7.87% -87.35% 84.10% -131.79% -388.82% -228.72% -113.68% -19.46% -90.94% 660.20% 250.02% 2.40% 404.66% -62.55% -39.31% 125.66% -38.73% -52.90% -16.70% -15.84% -33.72% 38.89% 36.09% 9.99% 71.60% 169.29% 15.25% 62.26% 19.98% -43.19% 15.95% 32.74% 19.13% -35.57% 33.02% -66.67%     
  qoq6.35% -142.68% -365.41% 1166.98% -97.25% 110.76% -30.82% -76.72% 339.38% -26.10% 37.14% -8.36% -0.81% -89.85% 1895.70% -115.83% 801.08% -95.48% 112.06% -6.81% 1.42% 279.30% -2.36% -72.74% 399.81% -71.86% 58.25% 1.37% 35.70% -78.36% 179.84% 2.42% 6.87% -54.66% 174.19% -17.22% 66.74% -28.85% 17.35% 16.54% 23.29% -66.31% 139.52% 33.42% 10.65% -81.78% 394.56% -66.57%  
  net income margin %5.67% 5.23% -20.47% 10.57% 0.82% 29.23% 14.79% 21.35% 87.05% 20.74% 25.58% 19.16% 22.50% 23.93% 236.95% 12.57% -84.06% -10.40% -83.62% -120.44% -88.97% -45.96% -10.10% -11.38% -39.29% -8.42% -27.48% -17.36% -16.36% -11.83% -24.08% -26.19% -25.58% -25.01% -20.31% -22.59% -27.24% -17.01% -24.59% -22.84% -20.44% -17.39% -19.59% -23.93% -18.75% -17.62% -38.14% -21.92% -70.48% 
  net income attributable to common stock per share:                                                 
  basic0.1 0.09 -0.22 0.08 0.01 0.24 0.253 0.16 0.69 0.16                                        
  diluted0.09 0.09 -0.22 0.08 0.01 0.23 0.245 0.16 0.67 0.15                                        
  weighted-average number of shares:                                                 
  basic133,647 132,472 128,533 127,918 128,295 129,272 129,753 129,951 129,814 129,136 123,268 129,914 123,252 111,414 103,400 109,345                                  
  diluted136,897 135,314 131,455 130,389 131,731 132,441 133,283 133,320 133,228 133,602 133,923 134,221 134,718 134,095 127,205 133,160                                  
  loss on extinguishment of debt      556,000  2,224,000                57,962,000            15,406,000             
  income tax benefit  -8,187,000 1,522,000 132,000  4,636,000 6,728,000 -63,827,000      -187,673,000 131,000       282,000 213,000 304,000 207,000 166,000 195,000 71,000 -3,725,000                    
  loss on extinguishment of debt and settlement of convertible notes                79,564,000                                 
  income from continuing operations before income taxes          30,709,000 28,156,000 22,719,000 24,133,000 21,464,000 19,861,000 -66,117,000 -5,849,000 -39,750,000 -8,955,000                              
  net income from continuing operations          27,670,000 20,176,000 22,017,000 22,196,000 209,137,000 19,730,000 -66,394,000 -5,884,000 -39,669,000 -8,890,000                              
  net income from discontinued operations, net of tax              9,572,000 -8,771,000 -2,854,000 -1,801,000 -130,243,000 -71,234,000                              
  net income attributable to common stock per share - basic:                                                 
  continuing operations          0.22 0.16 0.18 0.2 2.02 0.18                                  
  discontinued operations              0.09 -0.08                                  
  net income attributable to common stock per share - basic          0.133 0.16 0.18 0.2 -0.163 0.1                                  
  net income attributable to common stock per share - diluted:                                                 
  net income attributable to common stock per share - diluted          0.125 0.15 0.17 0.18 -0.163 0.16                                  
  weighted-average number of shares                                                 
  basic133,647 132,472 128,533 127,918 128,295 129,272 129,753 129,951 129,814 129,136 123,268 129,914 123,252 111,414 103,400 109,345                                  
  diluted136,897 135,314 131,455 130,389 131,731 132,441 133,283 133,320 133,228 133,602 133,923 134,221 134,718 134,095 127,205 133,160                                  
  loss on settlement of convertible notes                 4,397,000                                
  net income attributable to common stock per share – basic and diluted:                                                 
  net income from discontinued operations                -0.02 -0.02 -1.59 -0.86                              
  weighted-average number of shares—basic and diluted                109,060 84,649 82,266 82,707 81,757 81,205 80,766 80,908 80,702 80,446 80,038 80,196 79,783 79,696 79,407 79,543 79,334 79,139 78,915 79,003 78,849 78,738 79,701 78,633 78,478 83,126 85,147 85,226 85,085 84,995 47,832 84,097 14,585 
  impairment of long-lived assets                    987,000 46,389,000                            
  net income attributable to common stock per share—basic and diluted                    -1.05 -1.04 -0.27 -0.28 -1.04 -0.21 -0.74 -0.47 -0.47 -0.34 -1.6 -0.57 -0.56 -0.52 -1.16 -0.42 -0.51 -0.31 -0.43 -0.37 -0.32 -0.24 -0.7 -0.29 -0.22 -0.2 -2.83 -0.22 -4.98 
  adjustment of deferred financing costs                                    77,000 -869,000            
  income before incomes taxes                                      -18,193,250 -28,625,000 -24,350,000 -19,798,000 -6,151,750 -24,607,000 -18,273,000 -16,593,000 -4,593,000 -18,372,000 -55,722,000 
  fair value derivative adjustment                                                36,305,000 
  class a and class b senior convertible preferred stock return                                                -13,994,000 
  accretion of preferred stock                                                -2,595,000 
  net income attributable to common stock                                          -59,639,000 -24,899,000 -18,662,000 -16,866,000 -127,133,000 -18,718,000 -72,578,000 

We provide you with 20 years income statements for Gogo stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Gogo stock. Explore the full financial landscape of Gogo stock with our expertly curated income statements.

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