GlobeNewswire·Nov 6, 2026, 8:30 AM ET

Gogo Announces Third Quarter Results

GOGO

Gogo Inc. completed an amendment & extension of its ~$600 million Term Loan B facility, extending maturity to October 2030 & committing to $75 million in principal repayments by end of 2027.
The FCC renewed Gogo's exclusive, nationwide low-band air-to-ground spectrum licenses through 2036.
Total revenue for Q3 2026 reached $213.2 million, while the company reported a net loss of $3.2 million & adjusted EBITDA of $41.0 million.
Gogo shipped 172 Galileo units in Q3 2026, a 95% increase year-over-year, with total Galileo online units reaching 297 (up 1550%).
Military/government service revenue grew 36% to $37.2 million, while business aviation service revenue declined 10% to $145.6 million.
Net cash provided by operating activities was $26.3 million, & free cash flow for the quarter was $28.1 million.
Textron Aviation selected Gogo Galileo HDX as standard equipment for its Citation Longitude, Latitude, & Ascend jets.
PlaneSense committed to equipping its entire fleet of 71 Pilatus aircraft with Gogo Galileo HDX for LEO connectivity by end of 2027.
Gogo received a significant OEM order from Bombardier for 10 Galileo FDX & 15 Galileo HDX units for demonstration & future deliveries.
TransMedics contracted to equip 22 Embraer Phenom 300E aircraft with Galileo HDX for organ transport missions, with full deployment expected by mid-2027.
Gogo unveiled a long-term Galileo roadmap targeting download speeds 5x & upload speeds 10x current levels over six years.
The FCC granted a six-month extension for Gogo's "Rip & Replace" network program, now due May 8, 2027.
Gogo reiterated 2026 financial guidance expecting total revenue of $870-$895 million, adjusted EBITDA of $175-$185 million, & free cash flow of $65-$85 million.

Company: Gogo Inc.
Keywords: Nasdaq:GOGO, Gogo Inc.