---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-022039"
form_type: "8-K"
ticker: "GOGO"
cik: "0001537054"
company_name: "Gogo Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:45:24.226514+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gogo Q4 revenue down 10% to $97.8M; service revenue up 5% to record $80.9M

## Summary
- Net income of $14.5M (diluted EPS $0.11), down 48% vs Q4 2022; Adjusted EBITDA $35.1M down 24%.
- Record Q4 service revenue $80.9M (+5% YoY); equipment revenue $16.9M (-45% YoY); ARPU $3,387.
- ATG aircraft online 7,205 (+4% YoY); AVANCE AOL 3,976 (+21% YoY, 55% of total).
- Signed new 10-year connectivity agreement with NetJets; Gogo Galileo and Gogo 5G launches expected later 2024.
- FY 2024 guidance: revenue $410-425M, Adj. EBITDA $110-125M, FCF $20-40M; reiterates long-term FCF target $150-200M in 2025.

## SEC filing metadata
- accession: 0000950170-24-022039
- form_type: 8-K
- ticker: GOGO
- cik: 0001537054
- company_name: Gogo Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1537054/000095017024022039/0000950170-24-022039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1537054/000095017024022039/gogo-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-022039
- JSON: https://secwatch.observer/filing/0000950170-24-022039.json
- Plain text: https://secwatch.observer/filing/0000950170-24-022039.txt

## Key facts
- Earnings Releases
  Gogo Inc. reported FY 2025 and long-term (2023-2028) results: revenue 15-17% compound annual growth rate from 2023 through 2028. Guidance reaffirmed.
  - Period: FY 2025 and long-term (2023-2028)
  - Revenue: 15-17% compound annual growth rate from 2023 through 2028
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Gogo's ability to reiterate its $150 million to $200 million Free Cash Flow target in 2025 and target long-term revenue growth of approximately 15-17% from 2023-2028 is supported by our upcoming product roll outs, Gogo Galileo and Gogo 5G
  evidence_url: https://www.sec.gov/Archives/edgar/data/1537054/000095017024022039/0000950170-24-022039-index.htm

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