Gogo Inc. (GOGO) Q1 2026 Earnings Call Transcript

Gogo (GOGO) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.18 per share a year ago.

Although the revenue and EPS for Gogo (GOGO) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Total Revenue of $226.3 million; Equipment Revenue up 22% Year-Over-Year to $38.6 million on Record ATG Unit Sales Net Income of $13.1 million, Adjusted EBITDA 1 of $53.3 million, up 41% Sequentially Gogo Galileo and 5G Expected to Ramp in 2026 BROOMFIELD, Colo., May 07, 2026 (GLOBE NEWSWIRE) -- Gogo Inc. (NASDAQ: GOGO) (“Gogo” or the “Company”), a leading global provider of broadband connectivity services for the business and military/government aviation markets, today announced its financial results for the quarter ended March 31, 2026.

BROOMFIELD, Colo., April 28, 2026 (GLOBE NEWSWIRE) -- Gogo Inc. (NASDAQ: GOGO), the leading global provider of broadband connectivity services for the business aviation, military, and government markets, announced today that it will release its first quarter 2026 financial results before the market opens on May 7, 2026.

Verizon Communications (VZ) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.19 per share a year ago.

Now that GOGO has finally launched its 5G platform and LEO services. More revenue growth is to be expected, as this will increase broadband penetration to Business aviation and the military. The firm continues to have high debt levels, which results in poor bottom-line performance, but management has stated it will focus on deleveraging the balance sheet. With fundamentals likely to increase in the coming quarters, the market presents us with the opportunity to purchase this stock at the EBITDA multiple of 7.11 vs. the sector multiple of 10.19.

JPMorgan Chase and Co. reduced its position in shares of Gogo Inc. (NASDAQ: GOGO) by 33.4% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 342,549 shares of the technology company's stock after selling 171,821 shares during the period. JPMorgan Chase and Co.

Gogo Inc. (GOGO) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

Gogo (NASDAQ: GOGO) reported fourth-quarter 2025 results that management said were largely in line with expectations, while highlighting progress on a product transition aimed at repositioning the company as a global, multi-orbit in-flight connectivity provider for business aviation and military/government customers. On the call, CEO Chris Moore emphasized 2025 execution around new products-Gogo 5G and Gogo