Income Statement - Volato Group, Inc. (SOAR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | |
|---|---|---|---|---|---|
| Total revenue | 78.56 | 46.29 | 35.57 | 96.71 | 1.06 |
| Cost of revenue | 63.87 | 38.79 | 30.78 | 94.28 | 0.85 |
| Gross profit | 14.69 | 7.50 | 4.79 | 2.43 | 0.20 |
| Total operating expenses | 10.73 | 16.86 | 9.23 | 11.61 | 2.40 |
| Operating income | 3.96 | -9.37 | -4.44 | -9.19 | -2.19 |
| Non-operating income (net) | -2.90 | -13.07 | -16.19 | -0.27 | 0.69 |
| Income before tax | 1.06 | -22.43 | -20.63 | -9.46 | -1.51 |
| Income tax expense | 0.21 | -0.51 | 0.00 | -0.06 | 0.01 |
| Net income | 5.17 | -40.65 | -52.82 | -9.37 | -1.47 |
Show Quarterly Income Statement
Income Statement - Volato Group, Inc. (SOAR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Jun-21 | Mar-21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1.00 | 27.84 | 0.38 | 24.86 | 25.48 | 1.42 | 40.27 | 15.13 | 0.05 | 19.64 | 3.65 | 13.02 | 15.67 | 35.91 | 14.08 | 18.30 | 23.36 | |||
| Cost of revenue | 0.29 | 21.67 | 0.12 | 21.09 | 20.99 | 0.98 | 33.77 | 18.47 | 0.05 | 16.15 | 3.34 | 16.16 | 17.36 | 34.50 | 15.41 | 17.48 | 22.19 | |||
| Gross profit | 0.70 | 6.17 | 0.26 | 3.77 | 4.50 | 0.44 | 6.50 | -3.34 | 0.00 | 3.49 | 0.32 | -3.15 | -1.70 | 1.41 | -1.33 | 0.82 | 1.17 | |||
| Total operating expenses | 3.05 | 3.04 | 2.82 | 2.90 | 1.97 | 3.38 | 4.65 | 9.74 | 4.33 | 3.45 | 2.15 | 6.13 | 6.22 | 4.02 | 3.39 | 2.51 | 2.10 | 0.38 | 0.00 | 0.00 |
| Operating income | -2.35 | 3.13 | -2.56 | 0.87 | 2.53 | -2.94 | 1.85 | -13.08 | -4.33 | 0.04 | -1.83 | -9.28 | -7.91 | -2.60 | -4.72 | -1.69 | -0.93 | -0.38 | 0.00 | 0.00 |
| Non-operating income (net) | -0.23 | -8.00 | 5.17 | 2.00 | -2.07 | -4.70 | -3.18 | -3.83 | -1.36 | -14.40 | -0.73 | -0.58 | 0.40 | -0.47 | -0.13 | -0.06 | 0.16 | 0.00 | 0.00 | 0.00 |
| Income before tax | -2.58 | -4.87 | 2.60 | 2.87 | 0.46 | -7.63 | -1.33 | -16.91 | -5.70 | -14.36 | -2.56 | -9.86 | -7.52 | -3.07 | -4.85 | -1.75 | -0.77 | -0.38 | 0.00 | 0.00 |
| Income tax expense | 0.01 | -0.35 | 0.27 | 0.19 | 0.10 | -0.53 | 0.01 | 0.01 | 0.01 | 0.00 | 0.18 | 0.88 | 0.63 | 0.03 | 0.15 | 0.00 | -0.04 | |||
| Net income | -2.63 | -6.03 | 7.15 | 3.60 | 0.46 | -1.90 | -4.44 | -16.92 | -17.39 | -23.62 | -11.83 | -9.86 | -7.52 | -3.09 | -4.85 | -1.75 | -0.71 | -0.38 | 0.00 | 0.00 |