earnings
confidence high
sentiment neutral
materiality 0.65
Gogo Q1 revenue $226.3M, equipment up 22% on record ATG sales; reaffirms FY guidance
Gogo Inc.
2026-Q1 EPS reported
$0.10
revenue$226,319,000
- Total revenue $226.3M (-2% YoY); equipment revenue $38.6M (+22% YoY) on record 511 ATG units sold.
- Net income $13.1M vs $12.0M YoY; Adjusted EBITDA $53.3M (+41% sequentially, -14% YoY) includes $6.1M litigation expense.
- Gogo Galileo cumulative shipments 410 units; AOL 111 (+50% QoQ); NetJets Europe rollout expected H1 2026.
- Cash $103.5M; repaid $21.1M debt in April; also made $40M earn-out payment for Satcom Direct acquisition.
- Reaffirms FY2026 guidance: revenue $905-945M, Adj. EBITDA $198-218M, FCF $90-110M.