| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 22,919 | 24,849 |
| Depreciation and amortization | 44,474 | 29,260 |
| Loss on asset disposals, abandonments and write-downs | -44 | -18 |
| Provision for expected credit losses | 494 | 1,949 |
| Deferred income taxes | 9,569 | 9,129 |
| Stock-based compensation expense | 18,520 | 11,858 |
| Amortization of deferred financing costs and interest rate caps | 4,196 | 2,929 |
| Accretion of debt discount | -1,293 | -847 |
| Change in fair value of earnout liability | -18,900 | -3,900 |
| Change in fair value of convertible note investment | 458 | 0 |
| Accounts receivable | 5,678 | 3,109 |
| Inventories | -16,058 | -9,983 |
| Prepaid expenses and other current assets | 10,475 | 11,608 |
| Contract assets | 9,429 | 5,888 |
| Accounts payable | -930 | -5,117 |
| Accrued liabilities | 17,156 | 4,447 |
| Deferred revenue | -8,396 | -3,999 |
| Accrued interest | -2,046 | -2,046 |
| Other non-current assets and liabilities | 224 | -1,781 |
| Net cash provided by operating activities | 115,987 | 69,183 |
| Purchases of property and equipment | 25,473 | 5,929 |
| Acquisition of intangible assetscapitalized software | 9,259 | 6,177 |
| Acquisition of satcom direct, net of cash acquired | 1,612 | 1,612 |
| Proceeds from fcc reimbursement program for property, equipment and intangibles | 3,783 | 409 |
| Proceeds from interest rate caps | 9,088 | 6,088 |
| Purchases of convertible note | 0 | 0 |
| Net cash used in investing activities | -23,473 | -7,221 |
| Payments on term loan | 1,875 | 1,250 |
| Repurchase of common stock | 0 | 0 |
| Payments on financing leases | 33 | 0 |
| Stock-based compensation activity | 800 | -1,019 |
| Net cash used in financing activities | -1,108 | -2,269 |
| Effect of exchange rate changes on cash | 328 | 557 |
| Increase in cash, cash equivalents and restricted cash | 91,734 | 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)