Volato Group, Inc. (SOAR) Financial Statements
Industry: Air Transportation, Nonscheduled
In fiscal 2025, Volato reported revenue of $78.6M, up 69.7% from $46.3M the year before. Net income was $5.2M (a 6.6% net margin), or $1.18 per diluted share. Gross margin was 18.7% and operating margin was 5.0%. Operating activities generated $3.5M of cash, leaving $3.3M of free cash flow. At fiscal year end, Volato held $12.0M in total assets against $13.8M in total liabilities.
Open the full interactive Volato financials → Quarterly statements, key ratios, valuation history and price charts.
Volato Key Stats
| Share Price | $0.25 |
|---|---|
| Market Cap | $8.5M |
| P/E Ratio | 0.2 |
| Revenue YoY Growth | +69.7% |
| 52-Week Range | $0.13 – $3.57 |
| Shares Outstanding | 34.8 million (basic, 2026 Q2) |
Volato Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $73.3M | $46.3M | $78.6M |
| Cost of Goods Sold | — | $110.8M | $55.7M | $74.6M |
| Gross Profit | — | -$8.7M | $7.5M | $14.7M |
| Operating Income | -$1.7M | -$37.5M | -$9.4M | $4.0M |
| Pre-Tax Income | $2.3M | -$52.8M | -$22.4M | $1.1M |
| Income Tax | $773,259 | $2,000 | -$507,000 | $207,000 |
| Net Income | $1.6M | -$52.8M | -$40.6M | $5.2M |
| Diluted EPS | $1.25 | -$86.50 | -$24.42 | $1.18 |
Volato Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $381,000 | $27.8M | $997,000 | $152,000 |
| Net Income | $7.1M | -$6.0M | -$2.6M | -$2.1M |
| Diluted EPS | $1.26 | -$1.37 | -$0.18 | -$0.06 |
Volato Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Current Assets | $1.8M | $46.5M | $43.3M | $9.8M |
| Total Assets | $287.4M | $71.7M | $46.3M | $12.0M |
| Current Liabilities | $905,676 | $47.6M | $62.2M | $13.7M |
| Total Long-Term Debt | — | $8.1M | — | — |
| Total Liabilities | $905,676 | $57.0M | $62.6M | $13.8M |
| Shareholders' Equity | $2.0M | $14.8M | -$16.3M | -$1.8M |
Volato Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$1.2M | -$30.4M | -$16.9M | $3.5M |
| Cash From Investing | $0 | $1.8M | -$115,000 | -$8.1M |
| Cash From Financing | $0 | $37.5M | $4.3M | $5.3M |
| Free Cash Flow | — | -$30.6M | -$17.0M | $3.3M |
Figures from Volato's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Volato financials page for every line item.
Volato Company Profile
| Ticker | SOAR |
|---|---|
| Exchange | NYSE, OTC |
| Industry | Air Transportation, Nonscheduled |
| Headquarters | Chamblee, Georgia |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001853070 |
Frequently Asked Questions
What was Volato's revenue in fiscal 2025?
Volato (SOAR) reported revenue of $78.6M for fiscal 2025.
What is Volato's annual revenue history?
Volato's annual revenue by fiscal year: 2022: $0; 2023: $73.3M; 2024: $46.3M; 2025: $78.6M.
What was Volato's net income in fiscal 2025?
Volato reported net income of $5.2M for fiscal 2025.
What was Volato's earnings per share (EPS) in fiscal 2025?
Volato's diluted EPS was $1.18 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Volato generate in fiscal 2025?
Volato generated $3.3M of free cash flow in fiscal 2025.
What was Volato's revenue last quarter?
In its most recent reported quarter (2026 Q2), Volato reported revenue of $152,000.
How many shares of Volato are outstanding?
Volato reported a weighted average of 34.8 million basic shares outstanding in 2026 Q2.
What is Volato's market cap?
Based on its latest closing price, Volato (SOAR) has a market capitalization of about $8.5M.
When does Volato's fiscal year end?
Volato's fiscal year end, as registered with the SEC, is December 31.
Where is Volato headquartered?
Volato lists its business address in Chamblee, Georgia in its SEC filings.