Filing Flows › Volato Group (SOAR) › Q2 2025
Volato Group (SOAR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Volato Group (SOAR) reported revenue of $24.9M for the second quarter 2025 (Q2 2025), up 137-fold from a year earlier and -2% from the quarter before. Operating margin was 3.5%, net earnings $3.6M (14.5% of revenue).
Volato Group, Q2 2025: revenue $24.9M (137× year over year), operating margin 3.5%, net earnings $3.6M, operating cash flow $848K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.9M | -2% | 137× |
| Operating profit | $872K | -65% | — |
| Net earnings | $3.6M | +692% | — |
| Operating cash flow | $848K | — | +157% |
What changed
Revenue was $24.9M in Q2 2025, up 13632% year over year and down 2% from the previous quarter. Aircraft sales was the largest line at 99% of revenue. Subscription added $174K year over year (up 96%), 1% of the total change.
Operating profit was $872K, a 3.5% margin (up 2020.6 points year over year). Total costs grew 526% against revenue growth of 13632%. Net earnings were $3.6M. The effective tax rate was 5.0%. Non-operating items added $2.9M, 77% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $848K (up 157% year over year), 24% of net earnings. Non-cash charges added back $84K of depreciation and amortization and $557K of share-based compensation. Working capital and other items used $3.4M.
Questions
What was Volato Group's revenue in the second quarter 2025?
Volato Group (SOAR) reported revenue of $24.9M for the second quarter 2025 (Q2 2025), up 137-fold from a year earlier and -2% from the quarter before.
Was Volato Group profitable in the second quarter 2025?
Operating profit was $872K (3.5% of revenue) and net earnings $3.6M.
Source: Volato Group 10-Q on SEC EDGAR.