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Volato Group (SOAR) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Volato Group (SOAR) Q2 2026 earnings results →
Q2 2026 Revenue down 96% year over year to $965K · 213¢ of every $1 of revenue lost · operating margin -261.1%
Volato Group made $965K in Q2 2026 (-96% Y/Y). Operating margin -261.1%, net loss $2.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
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What changed this quarter
Revenue was $1.0M in Q2 2026, down 96% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $2.5M, an operating margin of -261.1%. Total costs fell 85% while revenue fell 96%. The fastest-growing cost line was SG&A (+10%). The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $2.6M loss.
Operating cash flow was −$282K. Non-cash charges added back $62K of depreciation and amortization. Working capital and other items added $1.7M. Capital expenditures of $180K exceeded it, leaving free cash flow of −$462K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $965K | -96% | -261.1% | −$2.1M | −$282K |
| Q1 2026 | 10-Q | May 15, 2026 | $997K | -96% | -235.4% | −$2.6M | −$2.6M |
| Q4 2025 | 10-K | Mar 12, 2026 | $27.8M | 75× | 11.2% | −$6.0M | $5.9M |
| Q3 2025 | 10-Q | Nov 13, 2025 | $381K | -99% | -673.0% | $7.1M | −$3.0M |
| Q2 2025 | 10-Q | Aug 14, 2025 | $24.9M | 137× | 3.5% | $3.6M | $848K |
| Q1 2025 | 10-Q | May 15, 2025 | $25.5M | +93% | 9.9% | $455K | −$312K |
Charts
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🌏Named in Asian annual reportsinteractive
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⚖️Fair value by methodinteractive
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Customers and suppliers named in filings
Buys from
- MSFT · Stated in 10-K (named, share not stated) · source
- AAPL · Stated in 10-K (named, share not stated) · source
- GOOGL · Stated in 10-K (named, share not stated) · source
About Volato Group
Volato is an aviation technology company that connects travelers to private, on-demand flight access and develops proprietary software platforms for enterprise and operational applications. Historically, we generated revenue through our aircraft ownership program, a focused commercial strategy that included deposit products, charter flights, and aircraft management services. Our aviation experience led to the development of proprietary software products and applications, including “Mission Control,” “Vaunt,” and “Parslee.” Mission Control is an internal operations platform that supports the management of fractional ownership, charter, and related aviation services. Vaunt is an experiential private aviation platform that connects travelers to private, empty leg flights and is our primary revenue-generating business.
In its own words, from its 10-K, filed Mar 12, 2026.
Volato Group against its Air Transportation, Nonscheduled peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -96% against the peers' median +13%. Operating margin: -261.1% against the peers' median -43.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| SOAR Volato Group | Q2 2026 | $965K | -96% | -261.1% |
| VTOL Bristow Group | Q3 2026 | $438M | +13% | 10.9% |
| UP Wheels Up Experience | Q3 2026 | $165M | -11% | -30.5% |
| FLYX Flyexclusive | Q2 2026 | $111M | +22% | -5.2% |
| SRFM Surf Air Mobility | Q3 2026 | $36.5M | +25% | -43.8% |
| JTAI Jet.AI | Q2 2026 | $5.3M | +139% | -50.4% |
| CRTD Creatd | Q2 2026 | $174K | -12% | n/m |
Source: Volato Group 10-Q on SEC EDGAR · CIK 1853070 · Air Transportation, Nonscheduled
13F: who owns SOAR and who is buying
More on SOAR
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results