Gogo (LTS:0IYQ) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0IYQ Gogo Inc LTS:0IYQ
67 GF Score
Price $3.80
GF Value $17.95
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Gogo Scaled Net Operating Assets?

Gogo LTS:0IYQ +4.11% 67 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates LTS:0IYQ with a GF Score™ of 67/100 and a GF Value™ of $17.95 (Possible Value Trap). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Gogo's operating assets for the quarter that ended in Mar. 2026 was $1,177.7 Mil. Gogo's operating liabilities for the quarter that ended in Mar. 2026 was $260.0 Mil. Gogo's Total Assets for the quarter that ended in Dec. 2025 was $1,303.8 Mil. Therefore, Gogo's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


Gogo Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Gogo's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gogo Scaled Net Operating Assets Chart

Gogo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.79 0.76 1.21 0.72

Gogo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.74 0.70 0.68 0.70

LTS:0IYQ vs ATNI, CABO, GLTK: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Gogo's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gogo Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Gogo's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Gogo's Scaled Net Operating Assets falls into.


LTS:0IYQ
67GF Score
Gogo Inc LTS:0IYQ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gogo Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Gogo's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1178.566-296.942)/1229.231
=0.72

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1303.772 - 125.206
=1178.566

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1202.643 - 889.351 - 16.35
=296.942

Gogo's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1177.65-260.008)/1303.772
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1281.194 - 103.544
=1177.65

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1163.174 - 865.914 - 37.252
=260.008

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.70 mean?
Gogo (LTS:0IYQ) has a Scaled Net Operating Assets of 0.70 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Gogo and its competitors.
Is Gogo's Scaled Net Operating Assets too high?
Gogo's current Scaled Net Operating Assets is 0.70. Overall, Gogo has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gogo's Scaled Net Operating Assets compare to ATNI and CABO?
Gogo's Scaled Net Operating Assets of 0.70 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Gogo and its competitors. Gogo's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gogo stock overvalued right now?
Based on GuruFocus' analysis, Gogo (LTS:0IYQ) is currently considered Possible Value Trap. The stock's GF Value™ is $17.95, compared to a current price of $3.80 — trading 78.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.70. Gogo's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Gogo (LTS:0IYQ), the current Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gogo (LTS:0IYQ) Overvalued in 2026?

Based on GuruFocus' analysis, Gogo stock appears to be undervalued. The current stock price of $3.80 is trading 78.8% below its estimated GF Value™ of $17.95. GuruFocus considers Gogo to be Possible Value Trap.

Key valuation signals for LTS:0IYQ:

  • Scaled Net Operating Assets: 0.70
  • GF Value™: $17.95 vs. price of $3.80 (78.8% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the LTS:0IYQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gogo Business Description

Other Exchanges GOGO:USAG0G:Germany
Address 105 Edgeview Drive, Suite 300, Broomfield, CO, USA, 80021
Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services, and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped. Geographically, it operates in United States; and International as well.
67GF Score

Get the complete analysis for LTS:0IYQ

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.80
Price
$17.95
GF Value