Gogo Inc (GOGO)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 13,746 | 56,426 | 66,709 | 155,719 | 145,678 | 158,881 | 158,144 | 90,312 | 92,059 | 283,098 | 273,881 | 182,616 | 152,735 | -65,129 | -156,212 | -172,943 | -250,036 | -273,232 | -215,999 | -213,983 |
| Revenue (ttm) | US$ in thousands | 444,709 | 404,720 | 402,140 | 403,302 | 397,577 | 407,930 | 415,299 | 409,914 | 404,067 | 388,204 | 370,058 | 354,597 | 335,716 | 321,050 | 300,403 | 314,668 | 425,274 | 568,950 | 703,607 | 820,652 |
| Net profit margin | 3.09% | 13.94% | 16.59% | 38.61% | 36.64% | 38.95% | 38.08% | 22.03% | 22.78% | 72.93% | 74.01% | 51.50% | 45.50% | -20.29% | -52.00% | -54.96% | -58.79% | -48.02% | -30.70% | -26.07% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $13,746K ÷ $444,709K
= 3.09%
Net profit margin is a key profitability metric that indicates the percentage of revenue that translates into net income after all expenses have been deducted. For Gogo Inc, the net profit margin has shown significant fluctuations over the reporting periods.
Starting from negative values in March 2020 (-26.07%) and progressively declining until December 2021 (-58.79%), the company experienced a period of consistently negative profitability. However, the trend reversed dramatically in subsequent periods, with a notable improvement in profitability, reaching positive values by December 2022 (22.78%).
The company continued to improve its net profit margin throughout 2023 and 2024, with values ranging from 3.09% to 38.95%. This improvement indicates effective cost management, increased sales, or both, leading to higher profitability. The positive trend suggests that Gogo Inc has been able to enhance its operational efficiency and generate higher profits relative to its revenue in recent periods.
Peer comparison
Dec 31, 2024