Gogo Inc.

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

GOGO$3.62-6.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

	For the Years Ended December 31,
	2025	2024	2023
Revenue:
Service revenue	$774,393	$364,270	$318,015
Equipment revenue	136,098	80,439	79,562
Total revenue	910,491	444,709	397,577
Operating expenses:
Cost of service revenue (exclusive of items shown below)	372,728	99,042	69,568
Cost of equipment revenue (exclusive of items shown below)	134,676	67,561	63,383
Engineering, design and development	56,143	44,772	36,683
Sales and marketing	55,841	38,020	29,797
General and administrative	116,741	125,071	57,280
Depreciation and amortization	60,279	18,972	16,701
Total operating expenses	796,408	393,438	273,412
Operating income	114,083	51,271	124,165
Other expense (income):
Interest income	(4,676)	(8,336)	(7,403)
Interest expense	68,217	38,431	33,056
Change in fair value of earnout liability	11,800	—	—
Loss on extinguishment of debt	—	—	2,224
Other (income) expense, net	11,930	3,042	(1,315)
Total other expense	87,271	33,137	26,562
Income before income taxes	26,812	18,134	97,603
Income tax provision (benefit)	13,889	4,388	(48,075)
Net income	$12,923	$13,746	$145,678
Net income attributable to common stock per share:
Basic	$0.10	$0.11	$1.12
Diluted	$0.09	$0.10	$1.09
Weighted average number of shares
Basic	133,707	128,533	129,753
Diluted	136,593	131,455	133,283

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.