Income Statement
VOLATO GROUP, INC.
SOAR
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY |
|---|---|---|---|---|
|
Revenue
|
78.56 | 46.29 | 73.34 | - |
|
Cost of Revenue
|
63.87 | 38.79 | 82.03 | - |
|
Gross Profit
|
14.69 | 7.50 | -8.69 | - |
|
Operating Expenses
|
10.73 | 16.86 | 28.82 | 1.74 |
|
Research & Development
|
- | - | - | - |
|
Selling, General & Administrative
|
10.73 | 16.86 | 28.82 | - |
|
Other Operating Expenses
|
- | - | - | - |
|
Operating Income
|
3.96 | -9.37 | -37.51 | -1.74 |
|
Non-Operating Income
|
-2.90 | -13.07 | -15.31 | 4.06 |
|
Interest Income
|
- | - | - | 4.06 |
|
Interest Expense
|
0.11 | 1.70 | 0.37 | - |
|
Other Non-Op Income / Expense
|
10.14 | 0.16 | 0.02 | - |
|
Income Before Tax
|
1.06 | -22.43 | -52.82 | 2.32 |
|
Income Tax Expense
|
-4.11 | 18.21 | 0.00 | 0.77 |
|
Non-Controlling Interest
|
- | - | 0.00 | - |
|
Net Income
|
5.17 | -40.65 | -52.82 | 1.55 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY |
|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - |
|
EBITDA
|
4.26 | -9.02 | -37.31 | -1.74 |
|
Earnings Per Share (Basic)
|
1.18 | -24.42 | -3.46 | 0.05 |
|
Diluted EPS
|
1.18 | -24.42 | -3.46 | 0.05 |
|
Weighted Average Shares
|
4.39 | 1.66 | 15.25 | 27.60 |
|
Diluted Weighted Avg Shares
|
4.39 | 1.66 | 15.25 | 27.60 |
|
Comprehensive Income
|
- | - | - | - |