Quarterly ResultAug 6, 2026, 07:02 AM
Gogo Q2 Total Revenue $222.8M; Net Loss $2.0M; Adj. EBITDA $53.7M
AI Summary
Gogo Inc. announced its second quarter 2026 financial results, reporting total revenue of $222.8 million and a net loss of $2.0 million. Adjusted EBITDA reached $53.7 million, showing a slight sequential increase. The company highlighted strong performance in its Military/Government segment, with service revenue up 40% year-over-year, and continued progress in the deployment of its Gogo Galileo and 5G technologies. Gogo also updated its full-year 2026 financial guidance for total revenue, Adjusted EBITDA, and Free Cash Flow.
Key Highlights
- Total Revenue was $222.8 million, down 1% YoY and 2% sequentially.
- Service Revenue reached $191.3 million, up 2% sequentially.
- Military/Government service revenue grew 40% YoY to $39.9 million.
- Net loss was $2.0 million, compared to $12.8 million profit in Q2 2025.
- Adjusted EBITDA was $53.7 million, up approximately 1% sequentially.
- Gogo Galileo units shipped totaled 108, with cumulative 518 units.
- Gogo 5G unit shipments ramped to 138 units sold in Q2 2026.
- Updated 2026 Total Revenue guidance to $870 million - $895 million.
Price Impact
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