GOGO
Gogo Inc.
GOGO lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to hold roughly steady, though they disagree widely on how much.
NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
GOGO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Weak |
GOGO's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
GOGO PE Valuation
GOGO has no meaningful PE right now: it lost money over the past year.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
GOGO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect GOGO's earnings, revenue and profitability to hold roughly steady. However, they disagree widely on these estimates.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
NBIS has the edge over GOGO on the outlook, with more favorable revenue and profitability expectations.
GOGO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.11 | — |
| Q3 2026 | -$0.01 | +$0.04 |
| Q2 2026 | $0.00 | -100% |
| Q1 2026 | $0.10 | +$0.14 |
| Q4 2025 | $0.09 | -10% |
| Q3 2022 | $2.34 | +$2.89 |
| Q2 2022 | $2.35 | +$4.03 |
| Q1 2022 | $1.55 | +$3.65 |
| Q4 2021 | $1.28 | +$4.33 |
GOGO lost $0.01 per share over the past year, a smaller loss than the year before.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has the edge over GOGO in the latest year-over-year earnings comparison.
GOGO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $213.2M | -4.6% |
| Q2 2026 | $222.8M | -1.4% |
| Q1 2026 | $226.3M | -1.7% |
| Q4 2025 | $230.6M | +67% |
| Q3 2025 | $223.6M | +122% |
| Q2 2025 | $226M | +121% |
| Q1 2025 | $230.3M | +121% |
| Q4 2024 | $137.8M | +41% |
GOGO has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8% | -4.8 points |
| Q2 2026 | 13% | -2.6 points |
| Q1 2026 | 14% | -1.3 points |
| Q4 2025 | 6.2% | +24 points |
| Q3 2025 | 13% | -6.1 points |
| Q2 2025 | 16% | -5.3 points |
| Q1 2025 | 15% | -18 points |
| Q4 2024 | -18% | -43 points |
GOGO's operating margin was 8% last quarter, down 4.8 points from the same quarter a year ago.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
GOGO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $22.7M | -17% |
| Q2 2026 | $22.7M | -32% |
| Q1 2026 | -$33M | -211% |
| Q4 2025 | -$25.4M | +$17.2M |
| Q3 2025 | $27.3M | +32% |
| Q2 2025 | $33.5M | +56% |
| Q1 2025 | $29.7M | +5.4% |
| Q4 2024 | -$42.6M | -278% |
GOGO's free cash flow has turned negative after years in the green: −$13M over the past year.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
GOGO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +386K shares |
| 1 year | -0.2% | -261K shares |
| 3 years | +65% | +53.9M shares |
GOGO has 137M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $2.4M |
| Q3 2024 | $7.6M |
| Q2 2024 | $13M |
| Q1 2024 | $10.1M |
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over GOGO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
GOGO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.6x | High |
| Q2 2026 | 4.5x | High |
| Q1 2026 | 4.3x | High |
| Q4 2025 | 4.1x | High |
| Q3 2025 | 5.5x | High |
| Q2 2025 | 6.9x | High |
| Q1 2025 | 9.4x | High |
| Q4 2024 | 11.3x | High |
GOGO's net debt is about 4.6 years of its operating earnings (EBITDA), down from 5.5 years a year ago.
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
GOGO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 50.6 | Neutral |
GOGO's weekly RSI is 52 (neutral) and its Stochastic is 51 (neutral).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
GOGO PE vs Communication Services Sector
| Metric | GOGO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
GOGO has no meaningful PE right now: it lost money over the past year.
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
GOGO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.59 | 32% above |
| 20 week MA | $2.96 | 16% above |
| 50 week MA | $3.87 | 11% below |
| 100 week MA | $6.82 | 50% below |
| 200 week MA | $8.95 | 62% below |
GOGO has stronger trend alignment. GOGO is above 2 of 5 weekly averages versus NBIS above 1 of 4.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 17% above its 100-week average.
GOGO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.26 | $10.1 | +62% |
| 2021 | $10.1 | $13.8 | +37% |
| 2022 | $13.8 | $14.9 | +7.3% |
| 2023 | $14.9 | $10.1 | -32% |
| 2024 | $10.1 | $7.69 | -24% |
| 2025 | $7.69 | $4.61 | -40% |
| 2026 YTD | $4.61 | $3.43 | -26% |
GOGO has finished three years in a row lower, and it's down 26% so far in 2026.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over GOGO on returns for 2026, with the stronger performance.