Gogo Inc ( (GOGO) ) has released its Q3 earnings. Here is a breakdown of the information Gogo Inc presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Gogo Inc. is a leading global provider of broadband connectivity services, specializing in business and military/government mobility aviation markets, offering innovative solutions through Air-to-Ground technology and satellite constellations.
In its third-quarter 2025 earnings report, Gogo Inc. announced a significant increase in total revenue, reaching $223.6 million, a 122% rise year-over-year, driven by the acquisition of Satcom Direct and robust service revenue growth. Despite this revenue surge, the company reported a net loss of $1.9 million, influenced by acquisition-related expenses.
Key financial highlights include a 132% year-over-year increase in service revenue to $190 million and an 80% rise in equipment revenue. The company achieved an all-time record of 437 ATG equipment shipments and is on track to launch its new high-speed 5G Air-to-Ground network by the end of 2025. Adjusted EBITDA rose by 61% year-over-year to $56.2 million, while free cash flow improved to $30.6 million.
Looking ahead, Gogo Inc. maintains a positive outlook, reiterating its 2025 financial guidance at the high end of the ranges for revenue, adjusted EBITDA, and free cash flow. The company anticipates significant growth in 2026, driven by new product launches and strategic initiatives, positioning itself for continued success in the connectivity market.