Gogo Inc. reported significant financial growth in its fiscal year ending December 31, 2025, with total revenue reaching $910.5 million, a 104.7% increase from $444.7 million in 2024. This growth was primarily driven by a substantial rise in service revenue, which surged to $774.4 million from $364.3 million, largely due to the acquisition of Satcom Direct. Equipment revenue also saw a notable increase, climbing to $136.1 million from $80.4 million, attributed to both the Satcom Direct acquisition and the launch of Gogo Galileo products.
The company’s operating expenses rose to $796.4 million, up from $393.4 million in the previous year, reflecting the costs associated with the Satcom Direct acquisition and increased operational activities. Notably, the cost of service revenue escalated by 276.3% to $372.7 million, while the cost of equipment revenue increased by 99.3% to $134.7 million. Despite these rising costs, Gogo achieved an operating income of $114.1 million, compared to $51.3 million in 2024, indicating improved operational efficiency.
In terms of operational metrics, Gogo reported approximately 1,321 activated GEO broadband business aviation customer aircraft and 6,402 line-replaceable units for its ATG broadband services as of December 31, 2025. The company also launched Gogo Galileo, its first global LEO broadband satellite service, which is expected to enhance its market penetration, particularly in North America and internationally. The total number of customers increased to approximately 8,050, with the top ten customers accounting for 29% of service revenue.
Looking ahead, Gogo anticipates a decline in service revenue in the near term due to expected reductions in ATG services sold, but expects future growth as more aircraft come online for Gogo 5G and Gogo Galileo. The company is also focused on managing its operational costs and enhancing its product offerings to maintain its competitive edge in the in-flight connectivity market. Gogo's strategic initiatives, including the integration of Satcom Direct and the rollout of new technologies, are expected to drive long-term growth and profitability.
About Gogo Inc.
Gogo Inc. provides in-flight connectivity solutions for business and military aircraft, offering satellite and air-to-ground services, hardware, and software. Its core segments include legacy business aviation operations and the acquired Satcom Direct, serving global markets with tailored, purpose-built products, extensive distribution channels, and advanced satellite networks. The company emphasizes innovation, regulatory compliance, and a comprehensive support infrastructure to deliver reliable, high-performance connectivity.
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