← Gogo Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $596.5m |
$699.1m
+17.19%
|
$893.8m
+27.85%
|
$835.7m
-6.49%
|
$269.7m
-67.73%
|
$335.7m
+24.47%
|
$404.1m
+20.36%
|
$397.6m
-1.61%
|
$444.7m
+11.85%
|
$910.5m
+104.74%
|
$903.3m
-0.79%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | $22.0m | $19.0m | $16.0m | $12.0m | — | |
| Cost of Revenue | $538.3m |
$669.7m
+24.42%
|
$826.4m
+23.40%
|
$709.2m
-14.19%
|
$138.9m
-80.41%
|
$163.5m
+17.74%
|
$203.5m
+24.46%
|
$216.1m
+6.19%
|
$67.6m
-68.74%
|
$679.7m
+906.00%
|
$527.5m
-22.39%
|
|
| Gross Profit (derived) | $58.3m |
$29.4m
-49.55%
|
$67.3m
+129.00%
|
$126.6m
+87.93%
|
$130.8m
+3.36%
|
$172.2m
+31.62%
|
$200.5m
+16.46%
|
$181.4m
-9.52%
|
$377.1m
+107.86%
|
$230.8m
-38.80%
|
$375.8m
+62.81%
|
|
| Research and Development Expense | $45.9m | $78.1m | $72.7m | $71.5m | $25.2m | $24.9m | $29.6m | $36.7m | $44.8m | $56.1m | $45.9m | |
| Selling and Marketing Expense | $61.2m | $64.0m | $58.8m | $49.2m | $15.1m | $21.0m | $25.5m | $29.8m | $38.0m | $55.8m | $162.5m | |
| General and Administrative Expense | $84.9m | $93.7m | $94.3m | $89.8m | $54.5m | $51.6m | $58.2m | $57.3m | $125.1m | $116.7m | $108.8m | |
| Amortization of Intangible Assets | $21.6m | $24.9m | $26.5m | $19.6m | $6.3m | $7.5m | $4.7m | $2.0m | $3.9m | $39.9m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | ($26.6m) |
($64.3m)
-141.25%
|
($26.9m)
+58.11%
|
$36.7m
+236.41%
|
$76.4m
+107.90%
|
$120.6m
+57.99%
|
$142.3m
+17.99%
|
$124.2m
-12.76%
|
$51.3m
-58.71%
|
$114.1m
+122.51%
|
$104.3m
-8.60%
|
|
| Interest Expense, Debt | $62.3m | $89.9m | $100.3m | $110.6m | $106.0m | $62.4m | $43.5m | $55.8m | $53.7m | $70.1m | $71.5m | |
| Other Nonoperating Income (Expense) | $72k | ($750k) | ($233k) | $2.6m | $9k | ($25k) | ($123k) | $1.3m | ($3.0m) | ($11.9m) | — | |
| Interest Expense (non-operating) | $83.6m | $111.9m | $122.8m | $130.6m | $125.8m | $67.5m | $38.9m | $33.1m | $38.4m | $68.2m | $71.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($108.4m) | ($138.9m) | ($128.4m) | ($131.2m) | ($45.8m) | ($27.6m) | $105.5m | $97.2m | $20.2m | $29.5m | $18.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($123.2m) | ($174.0m) | ($165.3m) | ($145.0m) | ($48.7m) | ($30.6m) | $105.7m | $97.6m | $18.1m | $26.8m | $18.6m | |
| Current Income Tax Expense (Benefit) | $475k | $284k | $528k | $829k | $86k | $90k | $488k | $1.1m | $1.1m | $3.9m | $19.5m | |
| Income Tax Expense (Benefit) | $1.3m | ($2.0m) | ($3.3m) | $1.0m | ($146k) | ($187.2m) | $13.7m | ($48.1m) | $4.4m | $13.9m | $19.5m | |
| Net Income (Loss) Attributable to Parent | ($124.5m) |
($172.0m)
-38.14%
|
($162.0m)
+5.79%
|
($146.0m)
+9.89%
|
($250.0m)
-71.25%
|
$152.7m
+161.09%
|
$92.1m
-39.73%
|
$145.7m
+58.24%
|
$13.7m
-90.56%
|
$12.9m
-5.99%
|
($850k)
-106.58%
|
|
| Earnings Per Share, Basic | — | — | ($2.02) | ($1.81) | ($3.04) | $1.46 | $0.75 | $1.12 | $0.11 | $0.10 | ($0.01) | |
| Earnings Per Share, Diluted | ($1.58) | ($2.17) | ($2.02) | ($1.81) | ($3.04) | $1.28 | $0.71 | $1.09 | $0.10 | $0.09 | ($0.01) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | $2 | $1 | $1 | $0 | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($2) | ($2) | ($2) | ($2) | ($3) | $1 | $1 | $1 | $0 | $0 | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 81k | 82k | 103k | 123k | 130k | 129k | 134k | 135.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 81k | 82k | 127k | 134k | 133k | 131k | 137k | 137.1m | |
| Additional Financial Items | ||||||||||||
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | ($48.6m) | $156.6m | $92.1m | $145.7m | $13.7m | $12.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($48.6m) | $156.6m | $92.1m | $145.7m | $13.7m | $12.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | ($201.5m) | ($3.9m) | $0 | $0 | — | — | — |