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Gogo (GOGO) investor relations material
Gogo Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was $213.234M, down 4.6% YoY; Adjusted EBITDA was $40.982M and net loss was $3.2M.
Galileo shipments reached a record 172 units, with 297 aircraft online, as the shift toward global LEO and GEO connectivity continued.
FY 2026 guidance was reiterated; ATG spectrum licenses were renewed for 10 years and Term Loan B maturity was extended to October 2030.
Financial highlights
Revenue was $213.234M versus $223.585M in Q3 2025; service revenue was $182.729M versus $189.956M, and equipment revenue was $30.505M versus $33.629M.
Operating income was $17.151M versus $28.743M; net loss was $3.200M versus $1.930M.
Adjusted EBITDA was $40.982M versus $56.2M; Free Cash Flow was $28.125M and operating cash flow was $26.330M.
9M revenue was $662.4M versus $679.9M; Adjusted EBITDA was $148.0M versus $179.9M, and net income was $7.9M versus $22.9M.
Q3 net loss included a $6.1M non-cash increase in Satcom Direct earnout fair value.
Outlook and guidance
FY 2026 revenue guidance remains $870M–$895M, with ~84% service and ~16% equipment revenue; Adjusted EBITDA guidance remains $175M–$185M.
FY 2026 Free Cash Flow guidance remains $65M–$85M, including $25M of strategic investments, net of FCC reimbursement; net capex guidance is $20M.
Guidance assumes $35M of FCC reimbursements versus $45M previously; some reimbursements and related spending shift to 2027.
FCC legacy ATG transition deadline was extended to May 8, 2027; ~300 Classic units remained to transition at Q3 end.
Service revenue is expected to decline near term as ATG and GEO aircraft decline, then grow with Galileo and Gogo 5G adoption.
- Q2 2026 revenue was $222.8M, with military/government growth offsetting ATG declines.GOGO
Q2 2026 - Q1 2026 revenue was $226.3M, net income $13.1M, and 2026 guidance was reaffirmed.GOGO
Q1 2026 - LEO and 5G rollouts drive growth, with major fleet wins and focus on deleveraging.GOGO
Morgan Stanley Technology, Media & Telecom Conference 2026 - Shareholders will vote on directors, executive pay, equity plan expansion, and auditor ratification.GOGO
Proxy filing - Virtual annual meeting to vote on directors, compensation, equity plan, and auditor.GOGO
Proxy filing - Strong 2025 results and new product launches set stage for robust 2026 growth.GOGO
Q4 2025 - Q2 2025 revenue jumped 121% year-over-year, with raised 2025 guidance and strong integration progress.GOGO
Q2 2025 - Acquisition creates a unique global multi-orbit IFC leader with strong growth and synergy potential.GOGO
M&A Announcement - Q3 revenue up 3% to $100.5M; Satcom Direct deal to expand scale and multi-orbit growth.GOGO
Q3 2024
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