tradmap

GOGO Financials Gogo Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 27.5% per year over the past 5 years.
  • Operating margin has contracted, at 12.5% in the latest year.
  • Free cash flow has grown 3.1% per year over the past 5 years.

Financial health

  • Total debt ($836M) exceeds cash ($125M); net debt is $711M.
  • Total debt has grown slower than revenue (-6.8% vs 27.5% per year).
  • Operating income covered interest expense 1.7× in the latest year, up from 0.6× 5 years ago.
  • Total debt is 4.8× EBITDA.
Revenue & net income
-$250M $330M $910M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-93% -4% 85% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-163% 98% 358% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$192M -$64M $65M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $594M $1B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$337M -$33M $271M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $910M $13M 0.0% 12.5% 12.8% 1.0% $65M $836M $125M
2024 $445M $14M 84.8% 11.5% 19.8% 1.1% $28M $834M $42M
2023 $398M $146M 0.0% 31.2% 357.7% 18.6% $63M $595M $139M
2022 $404M $92M 0.0% 35.2% -90.4% 12.1% $59M $711M $151M
2021 $336M $153M 0.0% 35.9% -47.7% 23.6% $821M $42M
2020 $270M -$250M 0.0% 28.3% 39.0% -37.1% $1.2B $435M
2019 $309M -$146M 0.0% 31.2% 36.6% -12.0% $63M $1.1B $170M
2018 $290M -$162M 0.0% 28.4% 60.3% -12.8% -$85M $1.0B $184M
2017 $699M -$172M 0.0% -9.2% 89.8% -12.3% -$192M $1.0B $196M
2016 $597M -$125M 0.0% -4.5% 308.2% -10.0% -$83M $817M $117M
2015 -$108M -162.6% -10.7% $576M $147M
2014 -$85M -42.7% -11.2% $310M $131M
2013 -$111M -41.2% -16.2% -$87M $236M $266M
2012 -$33M 7.3% -7.6% -$37M $131M $113M
2011 $24M -6.7% -$23M $43M

Valuation over time

How the market has priced GOGO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 78.2 156.3 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 2.9 5.7 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is GOGO growing its revenue and profit?

Over the past 5 years, Gogo Inc.'s revenue has grown 27.5% per year. These are computed facts, not advice.

How much debt does GOGO have?

As of FY2025, Gogo Inc. reported $836M of total debt against $125M of cash; operating income covered interest expense 1.7×.

What is GOGO's profit margin?

In FY2025, gross margin was —, operating margin 12.5%, and net margin 1.4%.

What is GOGO's P/E ratio?

As of Sep '26, Gogo Inc. traded at a price-to-earnings ratio of about 27.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.