Gogo Inc. (GOGO)

Gogo Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	102.09	41.77	139.04	150.55	145.91	435.35
Short-Term Investments	-	-	-	24.8	-	-
Trading Asset Securities	-	9.52	23.23	28.5	0.93	-
Cash & Short-Term Investments	102.09	51.28	162.26	203.84	146.84	435.35
Cash Growth	-43.43%	-68.39%	-20.40%	38.82%	-66.27%	156.06%
Accounts Receivable	112.73	119.12	55.17	60.7	42.26	42.25
Other Receivables	-	14.78	18.27	-	1.94	-
Receivables	112.73	133.9	73.45	60.7	44.2	42.25
Inventory	87.96	101.45	65.79	52.39	36.5	28.24
Prepaid Expenses	66.45	-	-	-	-	-
Restricted Cash	-	-	-	-	-	0.53
Other Current Assets	16.63	36.47	13.09	7.21	22.38	5.87
Total Current Assets	385.86	323.09	314.59	324.15	249.91	512.23
Property, Plant & Equipment	179.53	187.59	168.68	179.86	134.66	97.18
Long-Term Investments	-	10.87	10.3	25.58	11.36	-
Goodwill	192.17	184.83	0.62	0.62	0.62	0.62
Other Intangible Assets	263.54	275.33	55.03	48.89	48.93	52.07
Long-Term Accounts Receivable	-	17.42	9.63	13.38	13.22	9.78
Long-Term Deferred Tax Assets	208.81	217.31	216.64	162.66	185.13	-
Long-Term Deferred Charges	-	2.34	1.01	1.45	1.88	-
Other Long-Term Assets	33.07	10.44	5.05	2.96	1.97	1.71
Total Assets	1,263	1,229	781.54	759.53	647.69	673.59
Accounts Payable	64.77	67.23	16.09	13.65	17.2	11.01
Accrued Expenses	122.08	39.7	18.78	35.67	27.5	41.9
Current Portion of Long-Term Debt	2.5	2.5	7.25	7.25	109.62	341
Current Portion of Leases	-	12.75	10.28	9.09	7.44	8.09
Current Income Taxes Payable	-	8.97	2.17	2.28	2	2.02
Current Unearned Revenue	36.26	30.41	1	3.42	1.83	12.51
Other Current Liabilities	-	20.47	16.41	13.01	22.93	21.6
Total Current Liabilities	225.61	182.03	72	84.37	188.52	438.14
Long-Term Debt	832.51	831.58	587.5	690.17	694.76	827.97
Long-Term Leases	62.21	68.25	73.05	79.24	77.33	38.02
Long-Term Deferred Tax Liabilities	-	4.7	-	-	-	2.11
Other Long-Term Liabilities	39.85	73.35	8.27	7.61	7.24	8.47
Total Liabilities	1,160	1,160	740.81	861.4	967.84	1,315
Common Stock	0.02	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,472	1,460	1,402	1,386	1,258	1,089
Retained Earnings	-1,175	-1,200	-1,214	-1,360	-1,452	-1,630
Treasury Stock	-196.38	-196.38	-163.2	-158.38	-128.8	-98.86
Comprehensive Income & Other	2.23	5.57	15.8	30.13	1.79	-1.01
Shareholders' Equity	102.79	69.32	40.73	-101.87	-320.15	-641.11
Total Liabilities & Equity	1,263	1,229	781.54	759.53	647.69	673.59
Total Debt	897.22	915.08	678.08	785.76	889.15	1,215
Net Cash (Debt)	-795.13	-863.8	-515.82	-581.92	-742.32	-779.73
Net Cash Per Share	-5.96	-6.57	-3.87	-4.35	-5.84	-9.48
Filing Date Shares Outstanding	133.65	131.35	128.07	127.91	110.88	86.4
Total Common Shares Outstanding	133.65	130.92	128.46	127.84	110.79	85.99
Working Capital	160.25	141.07	242.6	239.78	61.4	74.09
Book Value Per Share	0.77	0.53	0.32	-0.80	-2.89	-7.46
Tangible Book Value	-352.92	-390.84	-14.92	-151.38	-369.71	-693.81
Tangible Book Value Per Share	-2.64	-2.99	-0.12	-1.18	-3.34	-8.07
Land	-	6.54	-	-	-	-
Machinery	-	230.93	203.33	196.61	155.36	150.87
Leasehold Improvements	-	16.19	16.13	15.36	13.55	12.01

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q