Gogo Q4 revenue rises 67%, loss shrinks, helped by Satcom Direct acquisition

Reuters02-27
Gogo Q4 revenue rises 67%, loss shrinks, helped by Satcom Direct acquisition

Overview

  • Aviation broadband provider's Q4 revenue rose 67% yr/yr, beating analyst expectations

  • Company reported Q4 net loss of $10 mln, impacted by litigation settlement costs but is smaller than year-ago period

  • Company activated first 5G aircraft in December 2025

Outlook

  • Company expects 2026 revenue between $905 mln and $945 mln

  • Gogo projects 2026 adjusted EBITDA between $198 mln and $218 mln

  • Company forecasts 2026 free cash flow between $90 mln and $110 mln

Result Drivers

  • SATCOM DIRECT ACQUISITION - Gogo's Q4 results include the impact of the Satcom Direct acquisition, contributing to revenue growth

  • GALILEO EQUIPMENT SALES - Galileo equipment shipments increased 80% compared to Q3 2025, reflecting strong demand for the new satellite service

  • ATG EQUIPMENT SALES - Record ATG equipment units sold in Q4, up 8% compared to Q3 2025, indicating strong market demand

Company press release: ID:nGNX6b50V2

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$230.60 mln

$222.65 mln (3 Analysts)

Q4 EPS

-$0.07

Q4 Net Income

-$10 mln

Q4 Adjusted EBITDA

$37.80 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the wireless telecommunications services peer group is "buy."

  • Wall Street's median 12-month price target for Gogo Inc is $11.00, about 152.9% above its February 26 closing price of $4.35

  • The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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