Filing Flows › Volato Group (SOAR) › Q4 2025
Volato Group (SOAR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 12, 2026
Volato Group (SOAR) reported revenue of $27.8M for the fourth quarter 2025 (Q4 2025), up 75-fold from a year earlier and up 73-fold from the quarter before. Operating margin was 11.2%, net loss $6.0M (21.7% of revenue).
Volato Group, Q4 2025: revenue $27.8M (75× year over year), operating margin 11.2%, net loss $6.0M, operating cash flow $5.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.8M | 73× | 75× |
| Operating profit | $3.1M | — | — |
| Net earnings | −$6.0M | -184% | — |
| Operating cash flow | $5.9M | — | — |
| Free cash flow | $5.8M | — | — |
What changed
Revenue was $27.8M in Q4 2025, up 7445% year over year and up 7207% from the previous quarter. Aircraft sales was the largest line at 99% of revenue.
Operating profit was $3.1M, a 11.2% margin (up 762.2 points year over year). Total costs grew 687% against revenue growth of 7445%. The fastest-growing cost line was Cost of revenue (+90204%). The quarter ended with a net loss of $6.0M, after a profit of $7.1M the previous quarter. Net interest and other expense of $8.7M was the main reason.
Operating cash flow was $5.9M. Non-cash charges added back $53K of depreciation and amortization and $1K of share-based compensation. Working capital and other items added $11.9M. Capital expenditures of $142K left free cash flow of $5.8M.
Questions
What was Volato Group's revenue in the fourth quarter 2025?
Volato Group (SOAR) reported revenue of $27.8M for the fourth quarter 2025 (Q4 2025), up 75-fold from a year earlier and up 73-fold from the quarter before.
Was Volato Group profitable in the fourth quarter 2025?
Operating profit was $3.1M (11.2% of revenue) and net loss $6.0M.
Source: Volato Group 10-K on SEC EDGAR.