| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 13,085 | -9,996 | -1,930 | 24,849 |
| Depreciation and amortization | 15,139 | 15,805 | 15,214 | 29,260 |
| Loss on asset disposals, abandonments and write-downs | -208 | -460 | -26 | -18 |
| Provision for expected credit losses | 1,855 | 1,010 | -1,455 | 1,949 |
| Deferred income taxes | 7,273 | 388 | 440 | 9,129 |
| Stock-based compensation expense | 4,833 | 5,552 | 6,662 | 11,858 |
| Amortization of deferred financing costs and interest rate caps | 1,356 | 1,322 | 1,267 | 2,929 |
| Accretion of debt discount | -462 | -459 | -446 | -847 |
| Change in fair value of earnout liability | 4,943 | 7,100 | -15,000 | -3,900 |
| Change in fair value of convertible note investment | 230 | -4,010 | 458 | 0 |
| Loss on extinguishment of debt | NaN | 0 | NaN | NaN |
| Accounts receivable | 4,341 | -724 | 2,569 | 3,109 |
| Inventories | 2,939 | 17,139 | -6,075 | -9,983 |
| Prepaid expenses and other current assets | 11,590 | -1,071 | -1,133 | 11,608 |
| Contract assets | 4,665 | 4,801 | 3,541 | 5,888 |
| Accounts payable | -2,051 | 11,481 | 4,187 | -5,117 |
| Accrued liabilities | -20,941 | 4,714 | 12,709 | 4,447 |
| Deferred revenue | 973 | 2,956 | -4,397 | -3,999 |
| Accrued interest | -5 | -6 | 0 | -2,046 |
| Other non-current assets and liabilities | 715 | 2,407 | 2,005 | -1,781 |
| Net cash (used in) provided by operating activities | -7,236 | 8,503 | 46,804 | 69,183 |
| Purchases of property and equipment | 25,721 | 33,904 | 19,544 | 5,929 |
| Acquisition of intangible assetscapitalized software | 2,292 | 6,525 | 3,082 | 6,177 |
| Acquisition of satcom direct, net of cash acquired | NaN | 0 | 0 | 1,612 |
| Proceeds from fcc reimbursement program for property, equipment and intangibles | 14,886 | 25,499 | 3,374 | 409 |
| Proceeds from interest rate caps | 1,180 | 1,482 | 3,000 | 6,088 |
| Redemptions of short-term investments | NaN | 0 | NaN | NaN |
| Purchases of short-term investments | NaN | 0 | NaN | NaN |
| Purchases of convertible note and equity investment | NaN | 3,000 | 0 | 0 |
| Proceeds from sale of equity investment | NaN | 0 | NaN | NaN |
| Net cash used in investing activities | -11,947 | -16,448 | -16,252 | -7,221 |
| Proceeds from term loan, net of discount | NaN | 0 | NaN | NaN |
| Payment of debt issuance costs | NaN | 0 | NaN | NaN |
| Repurchases of common stock | NaN | 0 | 0 | 0 |
| Payments on term loan | 625 | 625 | 625 | 1,250 |
| Payments on financing leases | 15 | 8 | 33 | 0 |
| Stock-based compensation activity | -1,971 | 390 | 1,819 | -1,019 |
| Net cash used in financing activities | -2,611 | -243 | 1,161 | -2,269 |
| Effect of exchange rate changes on cash | 129 | -160 | -229 | 557 |
| (decrease) increase in cash, cash equivalents and restricted cash | -21,665 | -8,348 | 31,484 | 60,250 |
| Cash, cash equivalents and restricted cash at beginning of period | 125,690 | 134,038 | 42,304 | NaN |
| Cash, cash equivalents and restricted cash at end of period | 104,025 | 125,690 | 134,038 | NaN |
| Less current restricted cash | 87 | 88 | NaN | NaN |
| Less non-current restricted cash | 394 | 396 | NaN | NaN |
| Cash and cash equivalents at end of period | 103,544 | 125,206 | NaN | NaN |
Gogo Inc. (GOGO)
Gogo Inc. (GOGO)