Filing Flows › Volato Group (SOAR) › Q1 2026
Volato Group (SOAR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Volato Group (SOAR) reported revenue of $997K for the first quarter 2026 (Q1 2026), -96% from a year earlier and -96% from the quarter before. Operating margin was -235.4%, net loss $2.6M (264.2% of revenue).
Volato Group, Q1 2026: revenue $997K (-96% year over year), operating margin -235.4%, net loss $2.6M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $997K | -96% | -96% |
| Operating profit | −$2.3M | -175% | -193% |
| Net earnings | −$2.6M | — | -679% |
| Operating cash flow | −$2.6M | -143% | — |
What changed
Revenue was $1.0M in Q1 2026, down 96% year over year and down 96% from the previous quarter.
Operating costs exceeded revenue by $2.3M, an operating margin of -235.4%. Total costs fell 85% while revenue fell 96%. The fastest-growing cost line was SG&A (+55%). The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $6.0M loss.
Operating cash flow was −$2.6M. Non-cash charges added back $58K of depreciation and amortization and $30K of share-based compensation. Capital expenditures of $176K exceeded it, leaving free cash flow of −$2.7M.
Questions
What was Volato Group's revenue in the first quarter 2026?
Volato Group (SOAR) reported revenue of $997K for the first quarter 2026 (Q1 2026), -96% from a year earlier and -96% from the quarter before.
Was Volato Group profitable in the first quarter 2026?
Operating loss was $2.3M (-235.4% of revenue) and net loss $2.6M.
Source: Volato Group 10-Q on SEC EDGAR.