OverviewSuggest Edit

Gogo is a provider of in-flight broadband internet service and other connectivity services for commercial and business aircraft. Its solutions integrate Gogo’s proprietary hardware and software on the aircraft with satellite and ground-based networks engineered to meet the needs of global aviation. The company supports aircraft operators globally with services ranging from installation and maintenance to monitoring and management of connectivity services. It also provides software platforms for an expanding suite of passenger and aircraft operator applications.

TypePublic
Founded2006
HQChicago, IL, US
Websitegogoair.com
Employee Ratings4
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)1,115(-3%)
Revenue (FY, 2020)$269.7 M(-67%)
Share Price (Sept 2021)$12.1(-3%)
Cybersecurity ratingDMore

Key People/Management at Gogo

Oakleigh Thorne

Oakleigh Thorne

President & CEO
Sergio Aguirre

Sergio Aguirre

President, Business Aviation
Mike Syverson

Mike Syverson

Senior Vice President, Technology and Operations
Andy Geist

Andy Geist

SVP, Business Aviation
Barry Rowan

Barry Rowan

EVP and Chief Financial Officer
Dave Glenn

Dave Glenn

SVP, Customer Operations, VP, Customer Operations
Show more

Gogo Office Locations

Gogo has offices in Chicago and Broomfield
Chicago, IL, US (HQ)
111 N Canal St
Broomfield, CO, US
105 Edgeview Dr
Show all (2)

Gogo Financials and Metrics

Gogo Revenue

Gogo's revenue was reported to be $269.72 m in FY, 2020
USD

Revenue (Q1, 2021)

73.9m

Net income (Q1, 2021)

(5.9m)

EBIT (Q1, 2021)

27.8m

Market capitalization (14-Sept-2021)

1.3b

Closing stock price (14-Sept-2021)

12.1

Cash (31-Mar-2021)

455.2m

EV

2.1b
Gogo's current market capitalization is $1.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

699.1m893.8m835.7m269.7m

Revenue growth, %

28%(6%)

Cost of goods sold

326.9m513.9m432.6m

Gross profit

372.2m379.9m403.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

231.8m227.5m217.3m199.5m213.7m201.2m184.5m96.6m66.5m73.9m

Cost of goods sold

127.2m138.0m123.4m97.9m107.1m102.7m96.8m57.6m20.2m

Gross profit

104.6m89.5m93.8m101.7m106.6m98.5m87.7m39.0m46.3m

Gross profit Margin, %

45%39%43%51%50%49%48%40%70%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

196.4m184.2m170.0m435.3m

Accounts Receivable

117.9m134.3m101.4m39.8m

Prepaid Expenses

20.3m34.7m36.3m8.9m

Inventories

45.5m193.0m117.1m28.1m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(172.0m)(162.0m)(146.0m)(48.6m)

Depreciation and Amortization

145.5m133.6m118.8m14.2m

Inventories

4.7m(50.8m)29.1m7.1m

Accounts Payable

3.4m(3.9m)(4.1m)5.0m
Quarterly
USDFY, 2017

Revenue/Employee

562.0k

Debt/Equity

-5.2 x

Debt/Assets

0.7 x

Financial Leverage

-7.3 x
Show all financial metrics

Gogo Operating Metrics

FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

ARPA (Commercial Aviation - North America)

$11.3 k$11.14 k$11.48 k$11.15 k$11.39 k$11.79 k$11.78 k$11.1 k

ATG Units Sold

9232021981657371891972108312502812961.06 k187186293909125100167

Annualized ARPA (Commercial Aviation - North America)

$140 k$103 k$113 k$114 k$111 k$126 k$136 k$112 k$122 k$99 k$37 k

Average Equipment Revenue per Satellite Unit Sold

$41 k$43 k$44 k$45 k$43 k$47 k$42 k$38 k$43 k$41 k$39 k$41 k$39 k$40 k$49 k$39 k$39 k$60 k$53 k$78 k
Show all operating metrics

Gogo Acquisitions / Subsidiaries

Company NameDateDeal Size
AC BidCo LLC
Gogo Air International GmbH
Gogo Air Mexico, S. de R.L. de C.V.
Gogo Air Pty. Ltd.
Gogo Brasil Participações Ltda.
Gogo Brasil Telecomunicações Ltda.
Gogo Business Aviation LLC
Gogo Connectivity Ltd.
Gogo Finance Co. Inc.
Gogo France SaS
Show more

Gogo Revenue Breakdown

Embed Graph

Gogo revenue breakdown by business segment: 37.0% from Business Aviation, 17.8% from Commercial Aviation Rest of World and 45.2% from Commercial Aviation North America

Gogo Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Gogo Online and Social Media Presence

Embed Graph

Gogo Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    B

    72/100

  • Compensation

    B

    75/100

  • Diversity

    C-

    64/100

Learn more on Comparably

Gogo News and Updates

Gogo Announces Second Quarter 2021 Financial Results

CHICAGO, Aug. 5, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended June 30, 2021. Q2 2021 Highlights Total...

Gogo Inc. to Report Second Quarter 2021 Financial Results on August 5, 2021

CHICAGO, July 15, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it will release its financial results for the second quarter of 2021 before the market opens on August 5,...

Gogo in-flight internet has been renamed Intelsat

The next time you're on a plane, searching for a Wi-Fi connection while soaring thousands of feet above the ground, don't look for the Gogo name. The longstanding standard of in-flight internet, Gogo Commercial Aviation, has been rebranded to Intelsat.

Business Jet Market Size Forecast 2028 | Increasing Installation of Gogo Avance L5 for In-flight Connectivity to Aid Growth, says Fortune Business Insights™

Top companies covered in the business jet market report are Airbus SE (Leiden, the Netherlands), The Boeing Company (Illinois, the U.S.), Bombardier, Inc. (Montreal, Canada), Embraer SA (State of São Paulo, Brazil), Textron Inc. (Rhode Island, the U.S.), Gulfstream Aerospace (Georgia, the U.S.), Das…

Lifshitz Law Firm, P.C. Announces Investigations of Clover Health Investments, Corp. (NASDAQ: CLOV), Gogo Inc. (NASDAQ: GOGO), Jeld-Wen Holding, Inc. (NYSE: JELD), Merit Medical Systems, Inc. (NasdaqGS: MMSI), and Zoom Video Communications Inc. (NASDAQ: ZM)

NEW YORK, May 2, 2021 /PRNewswire/ -- Clover Health Investments, Corp. (NASDAQ: CLOV) Lifshitz Law Firm, P.C. announces an investigation into CLOV in connection with (a) its receipt of a Civil Investigative Demand from the Department of Justice; (b) whether CLOV adequately disclosed that...

Thinking about buying stock in Arbutus Biopharma, BrightSphere Investment Group, Commscope Holding, Gogo Inc, or Jaguar Health?

NEW YORK, April 8, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ABUS, BSIG, COMM, GOGO, and JAGX. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
Show more

Gogo Blogs

Gogo AVANCE L3 Becomes Factory Option on Cirrus G2+ Vision Jet

G2+ Vision Jet is First to Add Gogo Connectivity in the Personal Jet Category

Gogo Gives 5G Progress Update

Key Milestones Achieved in Gogo 5G Network and System Development

Gogo AVANCE L5 and L3 Now Flying on 2,000 Business Aircraft

AVANCE Systems Combined Have Flown Nearly 600,000 Flights Since Launch

Gogo Appoints Chief Strategy Officer and Senior Vice President of Product and Marketing in Two Newly Created Roles to Support Continued Growth Trajectory

Gustavo Nader joins Gogo as Chief Strategy Officer; Melissa Hale to serve as Senior Vice President of Product and Marketing

Gogo Announces First Quarter 2021 Financial Results

Continued Momentum in Aircraft Online and Service Revenue Drive Top and Bottom Line Growth
Show more

Gogo Frequently Asked Questions

  • When was Gogo founded?

    Gogo was founded in 2006.

  • Who are Gogo key executives?

    Gogo's key executives are Oakleigh Thorne, Sergio Aguirre and Mike Syverson.

  • How many employees does Gogo have?

    Gogo has 1,115 employees.

  • What is Gogo revenue?

    Latest Gogo annual revenue is $269.7 m.

  • What is Gogo revenue per employee?

    Latest Gogo revenue per employee is $241.9 k.

  • Who are Gogo competitors?

    Competitors of Gogo include Thales, Collins Aerospace and Inmarsat.

  • Where is Gogo headquarters?

    Gogo headquarters is located at 111 N Canal St, Chicago.

  • Where are Gogo offices?

    Gogo has offices in Chicago and Broomfield.

  • How many offices does Gogo have?

    Gogo has 2 offices.