GOGO
Gogo Inc.

Gogo Inc.GOGO

Communication Services · Telecom Services
2.11USD
+1.93%
Oct 23, 2026
GOGO overview ready
Airborne Connectivity Infrastructure and Managed Services for Aviation
Gogo is an airborne connectivity infrastructure and managed-service provider to business aviation and an increasingly meaningful military/government aviation customer base; it integrates ATG, LEO and GEO connectivity, aircraft hardware, cybersecurity and support rather than owning the satellite constellations.
Strong narrative exposure
Exposed to the National Security Space Systems narrative through Resilient SATCOM and National Security Launch — infrastructure supplier.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Mixed fundamentals
Ev / ebitda is strong, while free cash flow yield is weak.
Primary risk
Dependence on aviation industry demand and travel trends.
Market Oct 22Filing Jun 30Price action Oct 22Research Aug 20

Conviction Level

NarrativeHeat7.0ThemeHeat7.4PriceAction1.4Valuation3.5CompanyPosition7.3BusinessQuality5.9
Price
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Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$281.9M
Avg Volume (60D)
1.8M
60 sessions
Revenue Growth YoY
+104.7%
FY2025 vs FY2024
Gross Margin
+34.6%
Trailing twelve months
Operating Margin
+11.5%
Trailing twelve months
Free Cash Flow Yield
-3.0%
Distance from 200DMA
-43.9%
Next Earnings
2026-11-05
P/E
N/M
EV / EBITDA
6.2x
EV / Sales
1.1x
Market metrics as of Oct 21, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is cheap. The published stance is held at fair because no positive free cash flow behind the low multiple.
Gogo Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
Gogo is an airborne connectivity infrastructure and managed-service provider to business aviation and an increasingly meaningful military/government aviation customer base; it integrates ATG, LEO and GEO connectivity, aircraft hardware, cybersecurity and support rather than owning the satellite constellations.
Opportunity
Moderate opportunity
Defense and government demand for resilient, secure satellite communications and assured access to space-based connectivity in contested or mission-critical operating environments.
Key risk
Dependence on aviation industry demand and travel trends.

Narrative & Theme

National Security Space Systems
Part of Resilient SATCOM and National Security Launch, with moderate fit.
Its military/government connectivity business is a genuine adjacent beneficiary of demand for secure, resilient airborne SATCOM.
Narrative HeatHeating up7.0 / 10
Theme HeatHeating up7.4 / 10

Business & Markets

Communication Services · Telecom Services
What they do

Gogo Inc. provides broadband connectivity services to the aviation industry by integrating networks, antennas, airborne equipment, and software to deliver in-flight voice, data, and entertainment services.

How it earns

The company generates revenue primarily through subscription and usage-based fees for its in-flight connectivity and related services.

Products & services
In-flight connectivity systems
Airborne antennas and equipment
In-flight entertainment services
Aviation partner support and engineering services
Customers & end markets
Business aviation operators
Commercial airlines
Military and government aviation customers
Market position

Niche provider specializing in airborne connectivity infrastructure and managed services with a growing military/government customer base.

Demand drivers
Medium cyclicality

Demand is linked to aviation industry health, which is sensitive to economic cycles and travel trends.