← Gogo Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $117.3m | $196.4m | $184.2m | $170.0m | $435.3m | $145.9m | $150.6m | $139.0m | $41.8m | $125.2m | |
| Prepaid Expense and Other Assets, Current | $24.9m | $20.3m | $34.7m | $36.3m | $8.9m | $32.3m | $45.1m | $64.1m | $55.3m | $69.0m | |
| Cash, Cash Equivalents, and Short-term Investments | $455.8m | $409.1m | $223.5m | $170.0m | — | — | $175.3m | $139.0m | — | — | |
| Short-term Investments | $338.5m | $212.8m | $39.3m | — | — | — | $24.8m | $0 | — | — | |
| Inventory, Net | $50.3m | $45.5m | $193.0m | $117.1m | $28.1m | $34.0m | $49.5m | $63.2m | $97.9m | $98.9m | |
| Assets, Current | $604.7m | $592.9m | $585.5m | $424.8m | $512.2m | $249.9m | $324.1m | $314.6m | $323.1m | $431.9m | |
| Property, Plant and Equipment, Net | $519.8m | $656.0m | $511.9m | $560.3m | $63.5m | $63.7m | $104.6m | $98.1m | $119.1m | $117.3m | |
| Goodwill | $620k | $600k | $600k | $600k | $600k | $600k | $600k | $600k | $184.8m | $193.2m | |
| Intangible Assets, Net (Excluding Goodwill) | $85.2m | $86.5m | $82.9m | $75.9m | $52.1m | $48.9m | $48.9m | $55.0m | $275.3m | $248.8m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $63.4m | $33.7m | $71.0m | $75.3m | $70.6m | $68.5m | $58.0m | |
| Other Assets, Noncurrent | $28.1m | $67.1m | $84.2m | $89.7m | $11.5m | $28.4m | $43.4m | $26.0m | $36.9m | $44.9m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $73.7m | $117.9m | $134.3m | $101.4m | $39.8m | $37.7m | $54.2m | $48.2m | $111.5m | $112.6m | |
| Accrued Liabilities, Current | $132.1m | $201.8m | $212.5m | $174.1m | $83.0m | $59.9m | $60.1m | $47.6m | $81.9m | $139.0m | |
| Assets | $1.2b | $1.4b | $1.3b | $1.2b | $673.6m | $647.7m | $759.5m | $781.5m | $1.2b | $1.3b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $12.2m | $8.1m | $7.4m | $9.1m | $10.3m | $12.7m | $13.8m | |
| Accounts Payable, Current | $31.7m | $27.1m | $23.9m | $17.2m | $11.0m | $17.2m | $13.6m | $16.1m | $67.2m | $92.5m | |
| Long-term Debt, Current Maturities | — | — | — | — | $341.0m | $109.6m | $7.2m | $7.2m | $2.5m | $2.5m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $77.8m | $38.0m | $77.3m | $79.2m | $73.0m | $68.2m | $55.8m | |
| Long-term Debt, Excluding Current Maturities | $800.7m | $1.0b | $1.0b | $1.1b | $828.0m | $694.8m | $690.2m | $587.5m | $831.6m | $833.6m | |
| Deferred Revenue, Current | $32.7m | $43.4m | $38.6m | $34.8m | $3.1m | $1.8m | $3.4m | $1.0m | $30.4m | $35.2m | |
| Deferred Revenue, Noncurrent | $39.0m | $73.2m | $21.5m | $21.9m | $3.1m | $1.8m | $3.4m | $1.0m | $30.4m | $35.2m | |
| Liabilities, Current | $251.1m | $316.3m | $299.7m | $252.6m | $438.1m | $188.5m | $84.4m | $72.0m | $182.0m | $269.2m | |
| Other Liabilities, Noncurrent | $90.7m | $134.7m | $80.2m | $46.5m | $10.6m | $7.2m | $7.6m | $8.3m | $78.1m | $44.1m | |
| Deferred Tax Liabilities, Net | $8.3m | $6.0m | $2.2m | $2.3m | $2.1m | $185.1m | $162.7m | $216.6m | $212.6m | $208.2m | |
| Liabilities | $1.3b | $1.6b | $1.5b | $1.6b | $1.3b | $967.8m | $861.4m | $740.8m | $1.2b | $1.2b | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $9k | $9k | $9k | $9k | $9k | $11k | $14k | $14k | $14k | $13k | |
| Retained Earnings (Accumulated Deficit) | ($917.4m) | ($1.1b) | ($1.2b) | ($1.4b) | ($1.6b) | ($1.5b) | ($1.4b) | ($1.2b) | ($1.2b) | ($1.2b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($2.2m) | ($933k) | ($3.6m) | ($2.3m) | ($1.0m) | $1.8m | $30.1m | $15.8m | $5.6m | $44k | |
| Additional Paid in Capital, Common Stock | $879.1m | $898.7m | $963.5m | $979.5m | $1.1b | $1.3b | $1.4b | $1.4b | $1.5b | $1.3b | |
| Stockholders' Equity Attributable to Parent | ($40.4m) | ($191.6m) | ($268.8m) | ($398.9m) | ($641.1m) | ($320.2m) | ($101.9m) | $40.7m | $69.3m | $101.1m | |
| Liabilities and Equity | $1.2b | $1.4b | $1.3b | $1.2b | $673.6m | $647.7m | $759.5m | $781.5m | $1.2b | $1.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.