For the quarter ending 2025-09-30, GOGO had $31,484K increase in cash & cash equivalents over the period. $27,260K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | -1,930 | 24,849 |
| Depreciation and amortization | 15,214 | 29,260 |
| Loss on asset disposals, abandonments and write-downs | -26 | -18 |
| Provision for expected credit losses | -1,455 | 1,949 |
| Deferred income taxes | 440 | 9,129 |
| Stock-based compensation expense | 6,662 | 11,858 |
| Amortization of deferred financing costs and interest rate caps | 1,267 | 2,929 |
| Accretion of debt discount | -446 | -847 |
| Change in fair value of earnout liability | -15,000 | -3,900 |
| Change in fair value of convertible note investment | 458 | 0 |
| Accounts receivable | 2,569 | 3,109 |
| Inventories | -6,075 | -9,983 |
| Prepaid expenses and other current assets | -1,133 | 11,608 |
| Contract assets | 3,541 | 5,888 |
| Accounts payable | 4,187 | -5,117 |
| Accrued liabilities | 12,709 | 4,447 |
| Deferred revenue | -4,397 | -3,999 |
| Accrued interest | 0 | -2,046 |
| Other non-current assets and liabilities | 2,005 | -1,781 |
| Net cash provided by operating activities | 46,804 | 69,183 |
| Purchases of property and equipment | 19,544 | 5,929 |
| Acquisition of intangible assetscapitalized software | 3,082 | 6,177 |
| Acquisition of satcom direct, net of cash acquired | 0 | 1,612 |
| Proceeds from fcc reimbursement program for property, equipment and intangibles | 3,374 | 409 |
| Proceeds from interest rate caps | 3,000 | 6,088 |
| Purchases of convertible note | 0 | 0 |
| Net cash used in investing activities | -16,252 | -7,221 |
| Payments on term loan | 625 | 1,250 |
| Repurchase of common stock | 0 | 0 |
| Payments on financing leases | 33 | 0 |
| Stock-based compensation activity | 1,819 | -1,019 |
| Net cash used in financing activities | 1,161 | -2,269 |
| Effect of exchange rate changes on cash | -229 | 557 |
| Increase in cash, cash equivalents and restricted cash | 31,484 | 60,250 |
| Cash and cash equivalents at beginning of period | 42,304 | - |
| Cash and cash equivalents at end of period | 134,038 | - |
Gogo Inc. (GOGO)
Gogo Inc. (GOGO)