Volato Group, Inc. (SOAR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 5.73M | 9.81M | 11.33M | 10.69M | 20.92M | 43.31M | 43.82M | 61.04M | 39.56M | 46.5M | 43.86M | 28.35M | 1.59M | 10.7M | 1.7M | 2.32M | 2.95M |
| Cash & Short-Term Investments | 1.9M | 7.63M | 4.35M | 4.71M | 2.58M | 2.16M | 3.76M | 5.41M | 6.44M | 14.49M | 7.91M | 5.37M | 1.19M | 5.78M | 1.52M | 1.86M | 2.22M |
| Cash Only | 1.9M | 4.7M | 4.35M | 4.71M | 2.58M | 2.16M | 3.76M | 5.41M | 6.44M | 14.49M | 7.91M | 5.37M | 1.19M | 5.78M | 1.52M | 1.86M | 2.22M |
| Short-Term Investments | 0 | 2.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.96M | 943K | 1.93M | 349K | 57K | 2K | 118K | 2.05M | 2.45M | 2.99M | 2.02M | 1.55M | 0 | 1.88M | 0 | 0 | 0 |
| Days Sales Outstanding | 131.07 | 4.75 | 275.28 | 0.74 | 0.1 | 3.88 | 2.48 | 13.52 | 5.15K | 11.74 | 44.98 | 10.85 | - | 4.82 | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.87M | 1.23M | 5.05M | 2.63M | 3.29M | 5.15M | 38.76M | 50.44M | 27.05M | 25.13M | 28.98M | 19.38M | 0 | 833K | 0 | 0 | 0 |
| Total Non-Current Assets | 2.17M | 2.14M | 2.26M | 2.36M | 2.49M | 2.98M | 4.11M | 4.29M | 28.61M | 25.21M | 9.87M | 11.15M | 288.25M | 19.56M | 282.68M | 281.92M | 281.55M |
| Property, Plant & Equipment | 501K | 451K | 480K | 570K | 737K | 850K | 972K | 1.95M | 2.04M | 2.12M | 2.36M | 6.75M | 0 | 1.92M | 0 | 0 | 0 |
| Fixed Asset Turnover | 2.09x | 59.81x | 0.73x | 38.03x | 32.11x | 1.56x | 27.60x | 7.60x | 0.02x | 8.76x | 0.80x | 1.93x | - | 18.69x | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 635K | 635K | 635K | 635K | 635K | 634.97K | 634.97K | 0 | 635K | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 1.2M | 1.34M | 1.36M | 1.38M | 1.39M | 1.41M | 1.42M | 0 | 1.61M | 0 | 0 | 0 |
| Long-Term Investments | 0 | 1.69M | 0 | 1.73M | 1.75M | 0 | 0 | 162K | 158K | 154K | 153.74K | 153.74K | 288.25M | 1.16M | 282.68M | 281.92M | 281.55M |
| Other Non-Current Assets | 1.67M | 0 | 1.78M | 63K | 1K | 300K | 1.16M | 191K | 24.41M | 20.91M | 5.31M | 2.12M | 0 | 14.22M | 0 | 0 | 0 |
| Total Assets | 7.91M | 11.95M | 13.59M | 13.05M | 23.41M | 46.3M | 47.93M | 65.33M | 68.17M | 71.71M | 53.73M | 39.5M | 289.84M | 30.26M | 284.38M | 284.25M | 284.5M |
| Asset Turnover | 0.10x | 2.18x | 0.03x | 1.36x | 0.73x | 0.03x | 0.71x | 0.23x | 0.00x | 0.31x | 0.08x | 0.08x | 0.10x | 0.23x | 0.05x | 0.06x | 0.08x |
| Asset Growth % | -66.23% | -74.18% | -71.65% | -80.03% | -65.66% | -35.44% | -10.79% | 65.41% | -76.48% | 137.01% | -81.11% | -86.1% | 1.88% | - | - | - | - |
| Total Current Liabilities | 8.28M | 13.72M | 9.39M | 20M | 39.12M | 62.2M | 66.41M | 79.25M | 51.27M | 47.64M | 18.35M | 48.4M | 1.25M | 30.16M | 231.55K | 215.57K | 192.47K |
| Accounts Payable | 0 | 3.39M | 0 | 3.3M | 5.51M | 5.71M | 7.65M | 13.14M | 10.9M | 9.86M | 10.64M | 7.59M | 0 | 3.66M | 0 | 0 | 0 |
| Days Payables Outstanding | - | 14.41 | - | 19 | 24.06 | 626.91 | 28.32 | 59.24 | 18.17K | 58.41 | 251.48 | 42.75 | - | 9.77 | - | - | - |
| Short-Term Debt | 292K | 4.27M | 3.11M | 1.47M | 13.21M | 32.91M | 30.59M | 36.73M | 21.01M | 20.34M | 1.02M | 36.53M | 0 | 24.05M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 3.43M | 2.82M | 1.91M | 6.84M | 9.32M | 11.54M | 11.77M | 29.02M | 0 | 0 | 0 | 3.23M | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.56M | 1.59M | 4.37M | 8.35M | 11.04M | 12.01M | 16.35M | 0 | 19.03M | 17.11M | 6.32M | 0 | 79.39K | 2.16M | 231.55K | 215.57K | 192.47K |
| Current Ratio | 0.69x | 0.72x | 1.21x | 0.53x | 0.53x | 0.70x | 0.66x | 0.77x | 0.77x | 0.98x | 2.39x | 0.59x | 1.28x | 0.35x | 7.36x | 10.78x | 15.33x |
| Quick Ratio | 0.69x | 0.72x | 1.21x | 0.53x | 0.53x | 0.70x | 0.66x | 0.77x | 0.77x | 0.98x | 2.39x | 0.59x | 1.28x | 0.35x | 7.36x | 10.78x | 15.33x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 73K | 85K | 96K | 107K | 118K | 433K | 1.16M | 1.09M | 15.21M | 9.32M | 19.75M | 14.09M | 229.58K | 5.77M | 9.66M | 9.66M | 9.66M |
| Long-Term Debt | 73K | 0 | 96K | 0 | 0 | 0 | 0 | 0 | 14.03M | 8.05M | 18.4M | 12.65M | 0 | 4.17M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 85K | 0 | 107K | 118K | 128K | 139K | 783K | 875K | 965K | 1.05M | 1.13M | 0 | 1.29M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 305K | 305K | 305K | 0 | 305K | 0 | 305K | 229.58K | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 719K | 0 | 305K | 0 | 305K | 0 | 0 | 305K | 0 | 0 | 0 |
| Total Liabilities | 8.35M | 13.8M | 9.48M | 20.11M | 39.24M | 62.63M | 67.57M | 80.34M | 66.48M | 56.96M | 38.1M | 62.49M | 1.48M | 35.93M | 9.89M | 9.88M | 9.85M |
| Total Debt | 365K | 4.36M | 3.2M | 1.62M | 13.37M | 33.07M | 30.77M | 37.87M | 36.25M | 29.68M | 20.78M | 50.62M | 0 | 29.8M | 0 | 0 | 0 |
| Net Debt | -1.54M | -340K | -1.15M | -3.08M | 10.8M | 30.91M | 27.01M | 32.46M | 29.8M | 15.2M | 12.87M | 45.25M | -1.19M | 24.02M | -1.52M | -1.86M | -2.22M |
| Debt / Equity | - | - | 0.78x | - | - | - | - | - | 21.40x | 2.01x | 1.33x | - | - | - | - | - | - |
| Debt / EBITDA | - | 1.37x | - | 1.68x | 5.12x | - | 16.14x | - | - | 456.69x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | -0.11x | - | -3.19x | 4.13x | - | 14.16x | - | - | 233.83x | - | - | - | - | - | - | - |
| Interest Coverage | -86.93x | - | - | 3.34x | 1.05x | -3.04x | 0.57x | -12.75x | -3.81x | 0.04x | -2.28x | -12.41x | -7.41x | -1.29x | - | -11.86x | - |
| Total Equity | -446K | -1.85M | 4.11M | -7.06M | -15.83M | -16.33M | -19.63M | -15M | 1.69M | 14.75M | 15.63M | -23M | 288.36M | -5.67M | 274.49M | 274.37M | 274.65M |
| Equity Growth % | 97.18% | 88.68% | 120.91% | 52.92% | -1034.65% | -210.73% | -225.62% | 34.76% | -99.41% | 360.2% | -94.31% | -108.38% | 5% | - | - | - | - |
| Book Value per Share | -0.00 | -0.04 | 0.69 | -1.52 | -5.01 | -8.86 | -16.63 | -12.78 | 1.45 | 13.15 | 11.67 | -25.18 | 319.87 | -6.29 | 198.91 | 198.82 | 199.02 |
| Total Shareholders' Equity | -446K | -1.85M | 4.11M | -7.06M | -15.83M | -16.33M | -19.63M | -15M | 1.69M | 14.75M | 15.63M | -23M | 288.36M | -5.67M | 274.49M | 274.37M | 274.65M |
| Common Stock | 6K | 5K | 5K | 5K | 5K | 5K | 3K | 3K | 3K | 3K | 7.32K | 7.31K | 286.8M | 1K | 282.19M | 281.66M | 281.52M |
| Retained Earnings | -103.41M | -100.77M | -93.11M | -100.25M | -103.85M | -104.31M | -102.41M | -97.97M | -81.05M | -63.66M | -40.04M | -28.21M | 1.56M | -10.84M | -7.7M | -7.29M | -6.87M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15K | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15K | 0 | 0 | -15K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |