Gogo Inc ( (GOGO) ) has released its Q2 earnings. Here is a breakdown of the information Gogo Inc presented to its investors.
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Gogo Inc. is a leading provider of broadband connectivity services for business and military/government aviation markets, offering a unique combination of Air-to-Ground technology and satellite constellations to ensure global connectivity.
In its second quarter of 2025, Gogo Inc. reported a significant increase in total revenue, reaching $226 million, a 121% rise compared to the previous year, driven by the acquisition of Satcom Direct. The company also saw a substantial increase in service revenue, which grew by 137% year-over-year.
Key financial highlights include a net income of $12.8 million, a dramatic increase from $0.8 million in the previous year, and an adjusted EBITDA of $61.7 million, up 103% year-over-year. The company also reported a free cash flow of $33.5 million, reflecting strong operational cash generation. Gogo continues to expand its AVANCE ATG aircraft online, which grew by 14% year-over-year.
Looking ahead, Gogo Inc. is optimistic about its future, reiterating its 5G launch timing for the fourth quarter of 2025 and increasing its financial guidance for the year. The company expects continued growth driven by integration synergies and new product revenues, positioning itself to meet the increasing demand for broadband performance improvements in its markets.