earnings
confidence high
sentiment negative
materiality 0.75
Gogo Q2 net loss $2M; military service revenue up 40% YoY; guidance lowered on litigation costs
Gogo Inc.
2026-Q2 EPS
reported $0.08
vs consensus $0.07
▲ beat
(+12.0%)
- Total revenue $222.8M, down 1% YoY; service revenue $191.3M, up 2% sequentially.
- Military/Government service revenue $39.9M, up 40% YoY and 20% sequentially.
- Net loss of $2.0M vs net income of $12.8M in Q2 2025; Adjusted EBITDA $53.7M, down 13% YoY.
- Updated FY2026 guidance: revenue $870-895M, Adj. EBITDA $175-185M (includes $22M litigation expense, up from $8M).
- Cash $63.1M; used $40M for Satcom Direct earn-out and $21.1M debt repayment in Q2.