GOGO vs IRDM
Gogo Inc. and Iridium Communications Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | GOGO | IRDM |
|---|---|---|
| Revenue | $910.5M | $871.7M |
| Net income | $12.9M | $114.4M |
| Gross margin | · | · |
| Net margin | 1.4% | 13.1% |
| Return on equity | 15.2% | 22.0% |
| Diluted EPS | $0.09 | $1.06 |
| Dividend / share | · | · |
| Payout ratio | · | 55.0% |
| Free cash flow | $65.1M | $299.8M |
| Equity | $101.1M | $462.6M |
| Net debt / equity | 7.03× | 3.60× |
| Current ratio | 1.60× | 2.48× |
| Revenue CAGR 5y | 27.5% | 8.4% |
| Profit CAGR 5y | · | · |
GOGO and IRDM book revenue within 15% of each other, and IRDM keeps more of each dollar of revenue as profit (13.1% against 1.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | GOGO | IRDM |
|---|---|---|
| FY2025 | $910.5M | $871.7M |
| FY2024 | $444.7M | $830.7M |
| FY2023 | $397.6M | $790.7M |
| FY2022 | $404.1M | $721.0M |
| FY2021 | $335.7M | $614.5M |
| FY2020 | $269.7M | $583.4M |
| FY2019 | $309.0M | $560.4M |
| FY2018 | $290.2M | $523.0M |
| FY2017 | $699.1M | $448.0M |
| FY2016 | $596.5M | $433.6M |
Bottom line
| Fiscal year | GOGO | IRDM |
|---|---|---|
| FY2025 | $12.9M | $114.4M |
| FY2024 | $13.7M | $112.8M |
| FY2023 | $145.7M | $15.4M |
| FY2022 | $92.1M | $8.7M |
| FY2021 | $152.7M | $-9.3M |
| FY2020 | $-250.0M | $-56.1M |
| FY2019 | $-146.0M | $-162.0M |
| FY2018 | $-162.0M | $-13.4M |
| FY2017 | $-172.0M | $233.9M |
| FY2016 | $-124.5M | $111.0M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$38,832,000 | GOGO |
| FY2024 | −$385,973,000 | IRDM |
| FY2023 | −$393,146,000 | IRDM |
| FY2022 | −$316,967,000 | IRDM |
| FY2021 | −$278,784,000 | IRDM |
| FY2020 | −$313,721,000 | IRDM |
| FY2019 | −$251,459,000 | IRDM |
| FY2018 | −$232,855,000 | IRDM |
| FY2017 | +$251,044,000 | GOGO |
| FY2016 | +$162,910,000 | GOGO |
| FY2015 | +$89,510,000 | GOGO |
| FY2014 | −$66,000 | IRDM |
| FY2013 | −$54,525,000 | IRDM |
| FY2012 | −$150,005,000 | IRDM |
| FY2011 | −$224,151,000 | IRDM |
The higher-revenue side has changed between GOGO and IRDM over this period. The gap has narrowed since the earliest year compared.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −11.7 pp | IRDM |
| FY2024 | −10.5 pp | IRDM |
| FY2023 | +34.7 pp | GOGO |
| FY2022 | +21.6 pp | GOGO |
| FY2021 | +48.2 pp | GOGO |
| FY2020 | −8.4 pp | IRDM |
| FY2019 | +0.3 pp | GOGO |
| FY2018 | −15.5 pp | IRDM |
| FY2017 | −76.8 pp | IRDM |
| FY2016 | −46.5 pp | IRDM |
| FY2015 | −23.2 pp | IRDM |
| FY2014 | −39.0 pp | IRDM |
| FY2013 | −50.3 pp | IRDM |
| FY2012 | −30.9 pp | IRDM |
| FY2011 | +4.1 pp | GOGO |
The higher net margin has changed hands between GOGO and IRDM over this period.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GOGO's net margin has been more volatile than IRDM's over the 15 comparable fiscal years — 24.0 percentage points of standard deviation against 17.5.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between GOGO and IRDM over these 15 fiscal years — GOGO led in 5 and IRDM in 10.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GOGO's return on equity has been more volatile than IRDM's over the 4 comparable fiscal years — 42.7 percentage points of standard deviation against 8.2.
4 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between GOGO and IRDM over these 4 fiscal years — GOGO led in 1 and IRDM in 3.
4 of 17 comparable fiscal years — a year missing data on either side is not counted.