Volato Group, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 09/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $78.6M | $39.1M | $35.6M | $96.7M | — |
| Cost of revenue | $63.9M | $32.2M | $30.8M | $94.3M | — |
| Selling, general & administrative | $10.7M | $15.5M | $9.2M | $11.6M | — |
| Operating expenses | — | — | — | $1.7M | — |
| Operating income | $4.0M | -$8.6M | -$4.4M | -$9.2M | — |
| Pretax income | $1.1M | -$21.7M | -$20.6M | -$9.5M | — |
| Income tax expense | $207,000 | -$507,000 | $2,000 | -$55,000 | — |
| Net income | $5.2M | -$40.6M | -$52.8M | -$9.4M | — |
| Balance Sheet | |||||
| Current assets | $9.8M | $43.3M | $46.5M | $10.7M | $2.1M |
| Total assets | $12.0M | $46.3M | $71.7M | $30.3M | $284.8M |
| Current liabilities | $13.7M | $62.2M | $47.6M | $30.2M | — |
| Total liabilities | $13.8M | $62.6M | $57.0M | $35.9M | — |
| Stockholders' equity | -$1.8M | -$16.3M | $14.8M | -$5.7M | -$7.3M |
| Cash Flow Statement | |||||
| Cash from operations | $3.5M | -$16.9M | -$30.4M | -$21.4M | — |
| Depreciation and amortization | $297,000 | $341,000 | $200,000 | $162,000 | — |
| Stock-based compensation | $605,000 | $211,000 | $82,000 | $17,000 | — |
| Capital expenditure | $211,000 | $145,000 | $637,000 | $259,000 | — |
| Free cash flow | $3.3M | -$17.1M | -$31.0M | -$21.7M | — |
| Dividends paid | $1.6M | — | — | — | — |
| Impairments | $35,000 | $0 | $0 | $0 | — |
Shares outstanding 30.9M · Free float 54.2%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.