Filing Flows › Volato Group (SOAR) › Q1 2025
Volato Group (SOAR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Volato Group (SOAR) reported revenue of $25.5M for the first quarter 2025 (Q1 2025), +93% from a year earlier. Operating margin was 9.9%, net earnings $455K (1.8% of revenue).
Volato Group, Q1 2025: revenue $25.5M (+93% year over year), operating margin 9.9%, net earnings $455K, operating cash flow −$312K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.5M | — | +93% |
| Operating profit | $2.5M | — | — |
| Net earnings | $455K | — | — |
| Operating cash flow | −$312K | — | — |
What changed
Revenue was $25.5M in Q1 2025, up 93% year over year. Aircraft sales was the largest line at 98% of revenue. Subscription added $335K year over year (up 698%), 3% of the total change.
Operating profit was $2.5M, a 9.9% margin (up 42.7 points year over year). Total costs grew 31% against revenue growth of 93%. Net earnings were $455K. The effective tax rate was 17.7%.
Operating cash flow was −$312K. Non-cash charges added back $85K of depreciation and amortization and $46K of share-based compensation. Working capital and other items used $898K.
Questions
What was Volato Group's revenue in the first quarter 2025?
Volato Group (SOAR) reported revenue of $25.5M for the first quarter 2025 (Q1 2025), +93% from a year earlier.
Was Volato Group profitable in the first quarter 2025?
Operating profit was $2.5M (9.9% of revenue) and net earnings $455K.
Source: Volato Group 10-Q on SEC EDGAR.