SOAR · XBRL financial data
Volato Group financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (SOAR's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Revenue | 0 | — | — | — |
| Revenue from contracts with customers | 96,706 | 73,338 | 46,288 | 78,559 |
| Cost of revenue | 94,280 | 82,025 | 38,792 | 63,871 |
| Selling, general and administrative | 11,611 | 28,822 | 16,861 | 10,728 |
| Total operating expenses | 1,737 | — | — | — |
| Operating income (loss) | (1,737) | (37,509) | (9,365) | 3,960 |
| Interest income | 4,061 | — | — | — |
| Other income (expense) | — | — | 212 | 10,139 |
| Income tax expense (benefit) | 773 | 2 | (507) | 207 |
| Net income (loss) | 1,551 | (52,822) | (40,645) | 5,173 |
| Earnings per share, basic‡ USD per share | (20.75) | (86.50) | (610.50) | 1.18 |
| Earnings per share, diluted‡ USD per share | (20.75) | (86.50) | (610.50) | 1.18 |
| Weighted average shares, basic‡ thousands of shares | 451 | 610 | 67 | 4,387 |
| Weighted average shares, diluted‡ thousands of shares | 451 | 610 | 67 | 4,387 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-25 stock split (February 2025); filings made before it reported them unadjusted.
- † Share count changed about 1/15 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 214x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (SOAR's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,342 | 16,722 | 4,000 | 0 |
| Accounts receivable | 1,880 | 2,990 | 2 | 101 |
| Prepaid and other current assets | 2,211 | 3,897 | 1,070 | 572 |
| Total current assets | 1,809 | 46,498 | 43,314 | 9,810 |
| Property and equipment, net | — | — | — | 323 |
| Right-of-use asset | 1,574 | 1,278 | 167 | 128 |
| Goodwill | 635 | 635 | 635 | — |
| Total assets | 287,391 | 71,712 | 46,299 | 11,954 |
| Accrued liabilities | 906 | — | — | — |
| Total current liabilities | 906 | 47,637 | 62,200 | 13,718 |
| Total deposits | — | — | — | 70 |
| Lease liability, non-current | 1,291 | 965 | 128 | 85 |
| Total liabilities | 906 | 56,961 | 62,633 | 13,803 |
| Retained earnings (accumulated deficit) | 2,036 | (63,662) | (104,307) | (100,771) |
| Total stockholders' equity | 2,037 | 14,751 | (16,334) | (1,849) |
| Total liabilities and equity | 287,391 | 71,712 | 46,299 | 11,954 |
| Common shares outstanding (cover page)‡ thousands of shares | 451 | 1,170 | 76 | 16,243 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-25 stock split (February 2025); filings made before it reported them unadjusted.
- † Share count changed about 1/15 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 214x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (SOAR's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Net income (loss) | 1,551 | (52,822) | (40,645) | 5,173 |
| Stock-based compensation | 17 | 82 | 211 | 605 |
| Depreciation and amortization | 162 | 200 | 341 | 297 |
| Net cash from operating activities | (1,237) | (30,394) | (16,919) | 3,492 |
| Purchases of property and equipment | 259 | 637 | 145 | 211 |
| Net cash from investing activities | 0 | 1,776 | (115) | (8,076) |
| Proceeds from issuing common stock | 0 | — | — | 463 |
| Net cash from financing activities | 0 | 37,461 | 4,311 | 5,282 |
| Net change in cash | 6,271 | 8,843 | (12,723) | 698 |
- † Share count changed about 1/15 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 214x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 4522 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 4522 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Fewer than three companies fall in that range, so the list adds same-SIC (4522) companies nearest in public float, each marked “added: same SIC”.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Volato Group | 0 | 152 | (282)* | 53.6M | — | 10-QJun 30, 2026 |
| Jet.AI | 10,609 | 5,320 | (2,660)* | 3.6M | 4.0 quarters | 10-QJun 30, 2026 |
| Flyexclusive | 14,236 | 111,124 | 2,746* | 49.9M | — | 10-QJun 30, 2026 |
| Creatdadded: same SIC | 335 | 174 | not reported | 3.3M | — | 10-QJun 30, 2026 |
| Wheels Up Experienceadded: same SIC | 86,309 | 181,999 | (91,629)* | 36.3M | 0.9 quarters | 10-QJun 30, 2026 |
| Surf Air Mobilityadded: same SIC | 18,429 | not reported | (1,155)* | 119.1M | 16.0 quarters | 10-QJun 30, 2026 |
| Bristow Groupadded: same SIC | 233,378 | 437,920 | not reported | 29.1M | — | 10-QSep 30, 2026 |
| Star Jets Internationaladded: same SIC | not reported | not reported | not reported | not reported | — | — |
Not investment advice. Not affiliated with the U.S. SEC.