Volato (SOAR) Gross Margin (2023 - 2026)
Volato's Gross Margin was 70.51% in Q1 2026, up 52.87 percentage points from 17.64% a year earlier and up 48.36 percentage points from the prior quarter.
Volato (SOAR) Gross Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Volato's Gross Margin was 20.15% through Mar 31, 2026, up 2.50 percentage points year-over-year; for FY2025, it came in at 18.70%, up 1.08 percentage points from FY2024.
- Gross Margin has now increased for three consecutive years, with a three-year change of +16.19 percentage points (FY2022 to FY2025).
- In earlier years, Gross Margin was 17.62% in FY2024 (+4.14 pp), 13.48% in FY2023 (+10.97 pp) and 2.51% in FY2022.
- The Q1 2026 figure marks the highest quarterly Gross Margin since Q4 2024.
- Compared with a year earlier, Gross Margin was higher in six of the last eight quarters, with an average year-over-year change of +22.69 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2024 (a gain of 105.41 percentage points); the worst was Q4 2025 (a drop of 71.34 percentage points).
- Per Business Quant data, SOAR's Gross Margin in the three quarters before Q1 2026 was 22.15% (Q4 2025), 67.72% (Q3 2025) and 15.16% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | Volato | 11.14 Mn | 11.14 Mn | - | - |
Historic 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% |
Volato Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SOAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SOAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SOAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();