Volato Group, Inc. (SOAR)
NYSE: SOAR · Air Transportation, Nonscheduled · Chamblee, GA · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Mar 12, 2026 | Mar 31, 2025 | Mar 26, 2024 | Feb 27, 2023 | Mar 29, 2022 |
| Revenue | 78,559,000 | 39,064,000r | 35,573,000r | 96,706,000 | · |
| Cost of revenue | 63,871,000 | 32,181,000r | 30,779,000r | 94,280,000 | · |
| Selling, general and administrative | 10,728,000 | 15,506,000r | 9,235,000r | 11,611,000 | · |
| Total operating expenses | · | · | · | 1,736,604 | · |
| Total costs and expenses | 74,599,000 | 47,687,000r | 40,014,000r | 105,891,000 | · |
| Operating income | 3,960,000 | -8,623,000r | -4,440,000r | -9,185,000r | · |
| Interest and investment income | · | · | · | 4,060,596 | · |
| Interest income (expense), net | -4,848,000 | -7,493,000 | -3,358,000 | -866,000 | · |
| Share of profit of equity-method investments | · | · | 22,000 | -45,000 | · |
| Other income (expense), net | 10,139,000 | 212,000 | · | · | · |
| Total non-operating income (expense) | -2,899,000 | -13,068,000 | -16,194,000r | -270,000r | · |
| Income before income taxes | 1,061,000 | -21,691,000r | -20,634,000r | -9,455,000r | · |
| Income tax expense | 207,000 | -507,000 | 2,000 | -55,000r | · |
| Income from continuing operations | 854,000 | -21,184,000r | -20,636,000 | · | · |
| Income from discontinued operations | 4,319,000 | -19,461,000r | -32,186,000 | · | · |
| Net income including non-controlling interests | · | · | -52,822,000 | -9,400,000 | · |
| Net income to non-controlling interests | · | · | 0 | -33,000 | · |
| Net income | 5,173,000 | -40,645,000 | -52,822,000 | -9,367,000r | · |
| Earnings per share, basic | 1.18 | -24.42 | -86.62r | -20.75b | · |
| Earnings per share, diluted | 1.18 | -24.42 | -86.62r | -20.75b | · |
| Weighted average shares, basic | 4,386,829 | 1,664,502 | 609,800r | 450,755b | · |
| Weighted average shares, diluted | 4,386,829 | 1,664,502 | 609,800r | 450,755b | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-25 reverse split of Feb 2025.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding