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Mar 31, 2025
Gogo Q1 2025 Earnings Report
Gogo reported a revenue surge and positive net income, driven by the Satcom Direct acquisition and strong service demand.
Key Takeaways
Gogo delivered a robust Q1 2025, with total revenue more than doubling year-over-year and positive net income of $12 million, aided by the integration of Satcom Direct and operational efficiencies.
Total revenue increased to $230.3 million, driven by Satcom Direct's contribution.
Net income was $12 million, rebounding from a loss in the previous quarter.
Received FAA PMA approval for Galileo FDX antenna ahead of schedule.
Reiterated full-year guidance despite global tariff impacts.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Gogo reaffirmed its FY2025 guidance, expecting revenue between $870M–$910M and improved Free Cash Flow, while factoring in tariff-related pressures.
Positive Outlook
- Revenue guidance maintained at $870M to $910M
- Adjusted EBITDA expected between $200M to $220M
- Free Cash Flow forecasted at $60M to $90M
- 5G product launch expected in Q4 2025
- Ongoing benefits from Satcom Direct integration and new product rollout
Challenges Ahead
- Global tariffs could impact cost structure
- Capital expenditures forecasted at $60M, partially reimbursed
- Ongoing amortization from Satcom Direct acquisition affecting net income
- Decreased free cash flow compared to prior year
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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