Gogo Q2 2026 turns to net loss of $2 million; revenue slips 2% to $222.8 million vs Q1 2026
Reuters2026/08/06 12:19Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Gogo posted a GAAP net loss of USD 2.01 million in Q2 2026, swinging from a GAAP net profit of USD 12.81 million a year earlier.
- Revenue slipped to USD 222.81 million from USD 226.04 million a year earlier.
- Non-GAAP adjusted EBITDA fell to USD 53.65 million from USD 61.72 million a year earlier; non-GAAP free cash flow dropped to USD 21.6 million from USD 33.54 million.
- Service revenue edged down to USD 191.27 million from USD 193.97 million, while equipment revenue dipped to USD 31.54 million from USD 32.07 million.
- Military/government service revenue rose to USD 39.9 million, described as a record quarter driven by increased demand and usage.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gogo Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.
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