Gogo Q2 revenue up 121% YoY to $226mln, adjusted EBITDA up 103% YoY.

• Gogo reports Q2 2025 total revenue of $226.0mln, up 121% YoY. • Service revenue increases 137% YoY to $194.0mln. • Net income reaches $12.8mln and adjusted EBITDA grows 103% YoY to $61.7mln. • 77 HDX shipments recorded year-to-date. • 5G launch planned for Q4 2025. • Financial guidance increased to reflect global tariffs impact.

Gogo Inc. (NASDAQ: GOGO) announced its financial results for the second quarter of 2025, revealing significant growth across key metrics. The company's total revenue for the quarter reached $226.0 million, marking a 121% year-over-year (YoY) increase [1]. Service revenue, a critical component of Gogo's operations, surged 137% YoY to $194.0 million. Net income for the period was $12.8 million, while adjusted EBITDA grew 103% YoY to $61.7 million [1].

The quarter also saw 77 HDX shipments year-to-date, indicating robust demand for Gogo's advanced connectivity solutions. Notably, Gogo reiterated its plans to launch 5G services in the fourth quarter of 2025, following successful testing of 5G connectivity [1].

In response to the strong Q2 performance, Gogo has updated its 2025 financial guidance to reflect the potential impact of global tariffs. The new guidance includes a total revenue range of $870 million to $910 million, an adjusted EBITDA range of $200 million to $220 million, and a free cash flow range of $60 million to $90 million [1].

The company's CEO, Chris Moore, commented, "Our first half results demonstrate the strategic value and well-executed integration of the Satcom Direct-Gogo merger. We see significant demand for broadband performance improvements in our markets and we’re well positioned to meet that demand as we bring Gogo 5G and Galileo to market this year."

Zac Cotner, CFO of Gogo, added, "As a result of strong first half results, we’re increasing our 2025 financial guidance to the high-end of our previous ranges for revenue, Adjusted EBITDA and Free Cash Flow. We expect 2026 Free Cash Flow growth driven by integration synergies, new product revenue, the wind-down of our three-year product investment cycle, and a potential refinancing in the coming quarters."

Gogo's stock performance and market positioning will continue to be closely watched by investors as the company prepares for its 5G launch and navigates the complexities of global tariffs.

References:
[1] https://ir.gogoair.com/news-releases/news-release-details/gogo-announces-second-quarter-2025-results