Gogo (GOGO) Gross Margin (2012 - 2026)
Gogo (GOGO) reported Gross Margin of 94.04% for Q1 2026, up 21.0% on a YoY basis from 77.72% in Q1 2025, and little changed quarter-over-quarter from 94.18% in Q4 2025.
Gogo (GOGO) Gross Margin (2012 - 2026) Analysis & Trends
Gogo has reported Gross Margin for 15 years, with the latest figure at 94.04% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 21.0% year-over-year to 94.04%; the trailing twelve-month figure through Mar 2026 stood at 93.92% (up 162.0% YoY), and the FY2025 full-year result was 93.87%, up 242.0% from the prior year.
- Gross Margin for Q1 2026 stood at 94.04%, roughly flat from 94.18% in the prior quarter.
- The five-year high for Gross Margin was 94.18% in Q4 2025, with the low at 91.15% in Q2 2024.
- Historically, Gross Margin has averaged 92.95% across 5 years, with a median of 93.28% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 182 bps — and 2025, when it surged 299 bps.
- Gogo's Gross Margin stood at 93.59% in 2022, then dropped by 2 bps to 91.77% in 2023, then dropped by 1 bps to 91.18% in 2024, then grew by 3 bps to 94.18% in 2025, then decreased by 0 bps to 94.04% in 2026.
- The last three Gross Margin figures came in at 94.04% (Q1 2026), 94.18% (Q4 2025), and 93.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 80.13% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 44.91% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 75.12% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 37.92% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | Gogo | 514.14 Mn | 409.41 Mn | 212.83 Mn | 94.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 94.04% |
| Dec 31, 2025 | 94.18% |
| Sep 30, 2025 | 93.98% |
| Jun 30, 2025 | 93.48% |
| Mar 31, 2025 | 93.83% |
| Dec 31, 2024 | 91.18% |
| Sep 30, 2024 | 91.49% |
| Jun 30, 2024 | 91.15% |
| Mar 31, 2024 | 92.06% |
| Dec 31, 2023 | 91.77% |
| Sep 30, 2023 | 92.84% |
| Jun 30, 2023 | 92.39% |
| Mar 31, 2023 | 93.03% |
| Dec 31, 2022 | 93.59% |
| Sep 30, 2022 | 94.08% |
| Jun 30, 2022 | 93.80% |
| Mar 31, 2022 | 93.28% |
| Dec 31, 2021 | 94.30% |
| Sep 30, 2021 | 93.65% |
| Jun 30, 2021 | 94.14% |