Filing Flows › Volato Group (SOAR) › Q3 2025
Volato Group (SOAR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Volato Group (SOAR) reported revenue of $381K for the third quarter 2025 (Q3 2025), -99% from a year earlier and -98% from the quarter before. Operating margin was -673.0%.
Volato Group, Q3 2025: revenue $381K (-99% year over year), operating margin -673.0%, net earnings $7.1M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $381K | -98% | -99% |
| Operating profit | −$2.6M | -394% | — |
| Net earnings | $7.1M | +98% | — |
| Operating cash flow | −$3.0M | -451% | — |
What changed
Revenue was $381K in Q3 2025, down 99% year over year and down 98% from the previous quarter.
Operating costs exceeded revenue by $2.6M, an operating margin of -673.0%. Total costs fell 92% while revenue fell 99%. Net earnings were $7.1M. The effective tax rate was 3.7%. Non-operating items added $10.0M, 135% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$3.0M. Non-cash charges added back $75K of depreciation and amortization and $1K of share-based compensation. Working capital and other items used $10.2M. Capital expenditures of $69K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was Volato Group's revenue in the third quarter 2025?
Volato Group (SOAR) reported revenue of $381K for the third quarter 2025 (Q3 2025), -99% from a year earlier and -98% from the quarter before.
Was Volato Group profitable in the third quarter 2025?
Operating loss was $2.6M (-673.0% of revenue) and net earnings $7.1M.
Source: Volato Group 10-Q on SEC EDGAR.