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

Gogo

27/02/2026 12:11

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.)