Volato (SOAR) Gross Margin (2023 - 2026)
Volato (SOAR) posted quarterly Gross Margin of 70.51% for Q1 2026, up 5287.0% year-over-year from 1.31% in Q1 2025, and up 218.31% quarter-over-quarter from 22.15% in Q4 2025.
Volato (SOAR) Gross Margin (2023 - 2026) Analysis & Trends
Volato's Gross Margin history runs 4 years deep, the most recent figure standing at 70.51% for Q1 2026.
- In Q1 2026, Gross Margin rose 5287.0% year-over-year to 70.51%; the TTM figure through Mar 2026 stood at 20.15% (up 250.0% YoY), while the FY2025 annual figure was 18.7%, up 108.0% from the prior year.
- Gross Margin for Q1 2026 stood at 70.51%, up from 22.15% in the prior quarter.
- The five-year high for Gross Margin was 93.5% in Q4 2024, with the low at 24.2% in Q2 2023.
- The 4-year median for Gross Margin is 17.64% (2025), against an average of 28.3%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 10541 bps in 2024, then slumped 7134 bps in 2025.
- Volato's Gross Margin stood at 17.79% in 2023, then jumped by 426 bps to 93.5% in 2024, then slumped by 76 bps to 22.15% in 2025, then jumped by 218 bps to 70.51% in 2026.
- Business Quant data shows SOAR's Gross Margin at 70.51% in Q1 2026, 22.15% in Q4 2025, and 67.72% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - | - |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn | 26.76% |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 Mn | 36.93% |
| 5 | AerSale | 263.27 Mn | 253.21 Mn | - | - |
| 6 | Icts International N V | 217.05 Mn | 189.86 Mn | - | - |
| 7 | Wheels Up Experience | 171.38 Mn | 37.46 Mn | - | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 | -79.17% |
| 9 | Volato | 2.16 Mn | -115,021.80 | 703,000.00 | 70.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.51% |
| Dec 31, 2025 | 22.15% |
| Sep 30, 2025 | 67.72% |
| Jun 30, 2025 | 15.16% |
| Mar 31, 2025 | 17.64% |
| Dec 31, 2024 | 93.50% |
| Sep 30, 2024 | 16.63% |
| Jun 30, 2024 | 81.22% |
| Mar 31, 2024 | -8.33% |
| Dec 31, 2023 | 17.79% |
| Sep 30, 2023 | 8.73% |
| Jun 30, 2023 | -24.20% |
| Mar 31, 2023 | -10.59% |