Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $597M | $699M | $290M | $309M | $270M | $336M | $404M | $398M | $445M | $910M |
| Revenue growth | — | 17.2% | -58.5% | 6.5% | -12.7% | 24.5% | 20.4% | -1.6% | 11.9% | 104.7% |
| Operating income | -$26.6M | -$64.3M | $82.4M | $96.5M | $76.4M | $121M | $142M | $124M | $51.3M | $114M |
| Operating margin | -4.5% | -9.2% | 28.4% | 31.2% | 28.3% | 35.9% | 35.2% | 31.2% | 11.5% | 12.5% |
| Net income | -$125M | -$172M | -$162M | -$146M | -$250M | $153M | $92.1M | $146M | $13.7M | $12.9M |
| Net margin | -20.9% | -24.6% | -55.8% | -47.3% | -92.7% | 45.5% | 22.8% | 36.6% | 3.1% | 1.4% |
| EPS (diluted) | -$1.58 | -$2.17 | -$2.02 | -$1.81 | -$3.04 | $1.28 | $0.71 | $1.09 | $0.10 | $0.09 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $65.0M | $60.3M | -$82.3M | $64.1M | $4.51M | $66.7M | $103M | $79.0M | $41.4M | $124M |
| Capital expenditures | $148M | $252M | $2.73M | $1.49M | $1.82M | $4.26M | $43.9M | $16.3M | $13.5M | $59.4M |
| Free cash flow | -$83.3M | -$192M | -$85.0M | $62.6M | $2.69M | $62.4M | $59.5M | $62.7M | $27.9M | $65.1M |
| Share buybacks | — | — | — | — | $0.00 | $0.00 | $18.4M | $4.82M | $33.2M | $0.00 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $117M | $196M | $184M | $170M | $435M | $41.8M | $151M | $139M | $41.8M | $125M |
| Total assets | $1.25B | $1.40B | $1.27B | $1.21B | $674M | $648M | $760M | $782M | $1.23B | $1.30B |
| Total liabilities | $1.29B | $1.59B | $1.53B | $1.61B | $1.31B | $968M | $861M | $741M | $1.16B | $1.20B |
| Long-term debt | $801M | $1.00B | $1.02B | $1.10B | $828M | $695M | $690M | $588M | $832M | $834M |
| Shareholders' equity | -$40.4M | -$192M | -$269M | -$399M | -$641M | -$320M | -$102M | $40.7M | $69.3M | $101M |
| Retained earnings | -$917M | -$1.09B | -$1.23B | -$1.38B | -$1.63B | -$1.45B | -$1.36B | -$1.21B | -$1.20B | -$1.19B |
| Shares (wtd avg diluted) | 86.3M | 86.8M | 87.6M | 80.8B | 82.3B | 127K | 134K | 133K | 131K | 137K |
Every figure is extracted from Gogo Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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