Volato Group, Inc. (SOAR) Revenue History
Annual and quarterly revenue from 2021 to 2024
Compound Annual Growth Rate (CAGR)
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SOAR Revenue Growth
SOAR Revenue Analysis (2021–2024)
As of May 9, 2026, Volato Group, Inc. (SOAR) generated trailing twelve-month (TTM) revenue of $52.1 million, reflecting significant decline in growth of -99.1% year-over-year. The most recent quarter (Q3 2025) recorded $381,000 in revenue, down 98.5% sequentially.
Looking at the longer-term picture, SOAR's historical revenue data shows a 3-year CAGR of +252.6%. The company achieved its highest annual revenue of $96.7 million in 2022.
When compared to Industrials sector peers including FLYX (+14.9% YoY), SRFM (-10.8% YoY), and AIRO, SOAR has underperformed the peer group in terms of revenue growth. Compare SOAR vs FLYX →
SOAR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SOARCurrent | $52M | -99.1% | - | -20.2% | |
 FLYX | $376M | +14.9% | - | -13.3% | |
 SRFM | $107M | -10.8% | +70.0% | -72.1% | |
 AIRO | $87M | - | - | -20.1% | |
 JBLU | $9.1B | -0.5% | +25.1% | -4.1% | |
 ULCC | $3.7B | -0.5% | +24.4% | -4.0% |
SOAR Historical Revenue Data (2021–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $46.3M | +30.1% | $7.5M | 16.2% | $-9,365,000 | -20.2% |
| 2023 | $35.6M | -63.2% | $4.8M | 13.5% | $-4,440,000 | -12.5% |
| 2022 | $96.7M | +9059.1% | $2.4M | 2.5% | $-9,185,000 | -9.5% |
| 2021 | $1.1M | - | $203K | 19.2% | $-2,194,885 | -207.9% |
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Start ComparisonSOAR — Frequently Asked Questions
Quick answers to the most common questions about buying SOAR stock.
Is SOAR's revenue growth accelerating or slowing?
SOAR revenue declined -99.1% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $52M. This reverses the prior growth trend.
What is SOAR's long-term revenue growth rate?
Volato Group, Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -99.1% is below this long-term average.
How is SOAR's revenue distributed by segment?
SOAR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2021-2024 are available for download. Segment mix reveals concentration and diversification trends.