Growth & profitability
- Revenue has declined 6.7% per year over the past 3 years.
- Operating margin has expanded, at 5.0% in the latest year.
SOAR Financials Volato Group, Inc.
4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $79M | $5M | 18.7% | 5.0% | -279.8% | 43.3% | $3M | — | $0 |
| 2024 | $39M | -$41M | 17.6% | -22.1% | 248.8% | -87.8% | -$17M | — | — |
| 2023 | $36M | -$53M | 13.5% | -12.5% | -358.1% | -73.7% | -$31M | — | — |
| 2022 | $97M | -$9M | 2.5% | -9.5% | 165.2% | -31.0% | -$22M | — | — |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $965000 | -$2M | 69.7% | -261.1% | -59.2% | -15.2% | -$462000 | — | $0 |
| Mar '26 | $997000 | -$3M | 70.5% | -235.4% | 590.6% | -33.3% | -$3M | — | $0 |
| Dec '25 | $28M | -$6M | 22.2% | 11.2% | 326.1% | -50.4% | $6M | — | $0 |
| Sep '25 | $381000 | $7M | 67.7% | -673.0% | 174.1% | 52.6% | -$3M | — | — |
| Jun '25 | $25M | $4M | 15.2% | 3.5% | -51.0% | 27.6% | $848000 | — | — |
| Mar '25 | $25M | $455000 | 17.6% | 9.9% | -2.9% | 1.9% | -$312000 | — | — |
| Dec '24 | $369000 | -$2M | 93.5% | -750.9% | 11.6% | -4.1% | -$6M | — | — |
| Sep '24 | $38M | -$4M | 16.6% | 5.5% | 22.6% | -9.3% | -$3M | — | — |
| Jun '24 | $181000 | -$17M | 81.2% | -2017.1% | 112.8% | -25.9% | $276000 | — | — |
| Mar '24 | $48000 | -$17M | -8.3% | -9029.2% | -1026.6% | -25.5% | -$8M | — | — |
| Dec '23 | $20M | -$24M | 17.8% | 0.2% | -160.1% | -32.9% | -$6M | — | — |
| Sep '23 | $4M | -$12M | 8.7% | -50.2% | 34.0% | -16.8% | -$11M | — | — |
| Jun '23 | $13M | -$10M | -24.2% | -71.3% | 42.9% | -13.9% | -$6M | — | — |
| Mar '23 | $16M | -$8M | -10.8% | -50.5% | 57.0% | -2.6% | -$8M | — | — |
| Dec '22 | — | -$9M | — | — | 158.6% | -29.7% | — | — | — |
| Sep '22 | — | $247619 | — | — | -3.4% | 0.1% | — | — | — |
| Jun '22 | — | -$156141 | — | — | 2.2% | -0.1% | — | — | — |
| Mar '22 | — | -$466910 | — | — | 7.0% | -0.2% | — | — | — |
| Dec '21 | — | $181 | — | — | -0.0% | 0.0% | — | — | — |
| Sep '21 | — | -$117 | — | — | -0.5% | — | — | — | — |
Valuation over time
How the market has priced SOAR against its own fundamentals since 2023-12 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 6.5× (Dec '25) to 2.3× (Sep '26).
- The price-to-sales ratio has fallen from 50.3× (Dec '23) to 0.2× (Sep '26).
P/E
P/S
Frequently asked questions
Is SOAR growing its revenue and profit?
Over the past 3 years, Volato Group, Inc.'s revenue has declined 6.7% per year. These are computed facts, not advice.
How much debt does SOAR have?
As of FY2025, Volato Group, Inc. reported — of total debt against $0 of cash.
What is SOAR's profit margin?
In FY2025, gross margin was 18.7%, operating margin 5.0%, and net margin 6.6%.
What is SOAR's P/E ratio?
As of Sep '26, Volato Group, Inc. traded at a price-to-earnings ratio of about 2.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.