Quarterly ResultAug 6, 2026, 04:08 PM
Gogo Q2 Total Revenue $222.8M; Net Loss $2.0M; Updates 2026 Guidance
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. Despite a decrease in total revenue year-over-year, military/government service revenue saw a significant 40% increase, and Adjusted EBITDA grew sequentially. The company also provided an update on its Gogo Galileo and 5G ramp-up, along with several new certifications and contracts, and updated its full-year 2026 financial guidance.
Key Highlights
- Total revenue of $222.8 million, decreased 1% compared to Q2 2025.
- Service revenue of $191.3 million, increased 2% sequentially.
- Military / Government service revenue of $39.9 million, up 40% compared to Q2 2025.
- Net loss of $2.0 million, compared to net income of $12.8 million in Q2 2025.
- Adjusted EBITDA of $53.7 million, up approximately 1% sequentially.
- Gogo Galileo units shipped totaled 108, up 17% sequentially.
- Updated 2026 total revenue guidance to $870 million to $895 million.
- Updated 2026 Adjusted EBITDA guidance to $175 million to $185 million.
- Updated 2026 Free Cash Flow guidance to $65 million to $85 million.
- Galileo HDX earned FAA and EASA certification for Dassault Falcon Jet 7X and 8X aircraft.
Price Impact
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