Gogo (GOGO) Operating Leases (2019 - 2026)
Gogo (GOGO) reported Operating Leases of $50.07 million for Q2 2026, down 19.5% from $62.21 million a year earlier and down 5.3% from the prior quarter.
Analysis
Gogo (GOGO) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Gogo posted Operating Leases of $55.77 million, down 18.2% from FY2024.
- Operating Leases has declined for three consecutive years, though with a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- By year, Operating Leases came in at $68.18 million in FY2024 (-6.7%), $73.05 million in FY2023 (-7.8%), $79.24 million in FY2022 (+2.5%) and $77.33 million in FY2021 (+103.4%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q2 2021.
- Year over year, Operating Leases has now declined in each of the last 13 quarters, with an average decline of 13.2% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q2 2022 (growth of 124.8%); the low point was Q2 2026 (a decline of 19.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $52.87 million (Q1 2026), $55.77 million (Q4 2025) and $58.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - |
| 10 | Gogo | 291.32 Mn | -134.14 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.07 Mn |
| Mar 31, 2026 | 52.87 Mn |
| Dec 31, 2025 | 55.77 Mn |
| Sep 30, 2025 | 58.74 Mn |
| Jun 30, 2025 | 62.21 Mn |
| Mar 31, 2025 | 65.22 Mn |
| Dec 31, 2024 | 68.18 Mn |
| Sep 30, 2024 | 68.01 Mn |
| Jun 30, 2024 | 69.47 Mn |
| Mar 31, 2024 | 71.78 Mn |
| Dec 31, 2023 | 73.05 Mn |
| Sep 30, 2023 | 74.48 Mn |
| Jun 30, 2023 | 75.96 Mn |
| Mar 31, 2023 | 77.27 Mn |
| Dec 31, 2022 | 79.24 Mn |
| Sep 30, 2022 | 80.12 Mn |
| Jun 30, 2022 | 77.74 Mn |
| Mar 31, 2022 | 77.07 Mn |
| Dec 31, 2021 | 77.33 Mn |
| Sep 30, 2021 | 77.77 Mn |
API Access
Gogo Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=GOGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "GOGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=GOGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();