---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-005061"
form_type: "8-K"
ticker: "GOGO"
cik: "0001537054"
company_name: "Gogo Inc."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:01:19.095517+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gogo reports record Q4 revenue $108.2M (+17% YoY); issues 2023 guidance and long-term targets

## Summary
- Q4 record revenue $108.2M (+17% YoY); Adj EBITDA $46.2M (+17%); net income $27.7M vs $209.1M prior year due to $187.7M tax benefit reversal.
- Full year 2022 record revenue $404.1M (+20%); Adj EBITDA $173.8M (+15%); 390 AVANCE units shipped in Q4 (record); ATG online 6,935.
- 2023 guidance: revenue $440-455M; Adj EBITDA $150-160M; Free Cash Flow $80-90M. Long-term targets: revenue CAGR 17% through 2027; FCF >$200M by 2025.
- ARPU $3,370 (+2% YoY); cash & short-term investments $175.3M. Gogo 5G launch expected Q4 2023; LEO Global Broadband in H2 2024.

## SEC filing metadata
- accession: 0000950170-23-005061
- form_type: 8-K
- ticker: GOGO
- cik: 0001537054
- company_name: Gogo Inc.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1537054/000095017023005061/0000950170-23-005061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1537054/000095017023005061/gogo-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-005061
- JSON: https://secwatch.observer/filing/0000950170-23-005061.json
- Plain text: https://secwatch.observer/filing/0000950170-23-005061.txt

## Key facts
- Earnings Releases
  Gogo Inc. reported 2023 results: revenue $440 million to $455 million. Guidance initiated.
  - Period: 2023
  - Revenue: $440 million to $455 million
  - Guidance: initiated
  - Result: guidance update
  source text: Total revenue in the range of $440 million to $455 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1537054/000095017023005061/0000950170-23-005061-index.htm
- Earnings Releases
  Gogo Inc. reported the fourth quarter ended December 31, 2022 results: revenue $108.2 million, net income $27.7 million, EPS $0.21.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $108.2 million
  - Net income: $27.7 million
  - EPS: $0.21
  - Result: reported results
  source text: Record Fourth Quarter Revenue of $108.2 million, up 17% Year-over-Year; Net Income from Continuing Operations of $27.7 million; and Record Adjusted EBITDA (1) of $46.2 million, up 17% Year-over-Year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1537054/000095017023005061/0000950170-23-005061-index.htm
- Earnings Releases
  Gogo Inc. reported the full-year ended December 31, 2022 results: revenue $404.1 million, net income $92.1 million.
  - Period: the full-year ended December 31, 2022
  - Revenue: $404.1 million
  - Net income: $92.1 million
  - Result: reported results
  source text: Record Full Year Revenue of $404.1 million, up 20% Year-over-Year; Net Income from Continuing Operations of $92.1 million; and Adjusted EBITDA of $173.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1537054/000095017023005061/0000950170-23-005061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
