Filing Flows › Gogo (GOGO) › Q3 2025
Gogo (GOGO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Gogo (GOGO) reported revenue of $224M for the third quarter 2025 (Q3 2025), +122% from a year earlier and -1% from the quarter before. Operating margin was 12.9%, net loss $1.9M (0.9% of revenue).
Gogo, Q3 2025: revenue $224M (+122% year over year), operating margin 12.9%, net loss $1.9M, operating cash flow $46.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $224M | -1% | +122% |
| Operating profit | $28.7M | -20% | — |
| Net earnings | −$1.9M | -115% | — |
| Operating cash flow | $46.8M | +27% | +86% |
| Free cash flow | $27.3M | -19% | +32% |
What changed
Revenue was $223.6M in Q3 2025, up 122% year over year and down 1% from the previous quarter. Service was the largest line at 85% of revenue. Service added $108.1M year over year (up 132%), 88% of the total change.
Operating profit was $28.7M, a 12.9% margin (down 6.1 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, below the 19% margin then. Total costs grew 139% against revenue growth of 122%. The fastest-growing cost line was Other operating costs (+261%). The quarter ended with a net loss of $1.9M, after a profit of $12.8M the previous quarter. Net interest and other expense of $29.3M was the main reason.
Operating cash flow was $46.8M (up 86% year over year). Non-cash charges added back $15.2M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items added $26.9M. Capital expenditures of $19.5M left free cash flow of $27.3M.
Questions
What was Gogo's revenue in the third quarter 2025?
Gogo (GOGO) reported revenue of $224M for the third quarter 2025 (Q3 2025), +122% from a year earlier and -1% from the quarter before.
Was Gogo profitable in the third quarter 2025?
Operating profit was $28.7M (12.9% of revenue) and net loss $1.9M.
Source: Gogo 10-Q on SEC EDGAR.