Volato (SOARW) Cost of Revenue (2023 - 2026)
Volato (SOARW) recorded quarterly Cost of Revenue of $294000.0 in Q1 2026, down 98.64% quarter-over-quarter from $21.7 million in Q4 2025, and down 98.6% on a YoY basis from $21.0 million in Q1 2025.
Volato (SOARW) Cost of Revenue (2023 - 2026) Analysis & Trends
Volato's Cost of Revenue history runs 4 years deep, the most recent figure standing at $294000.0 for Q1 2026.
- In Q1 2026, Cost of Revenue fell 98.6% year-over-year to $294000.0; the TTM figure through Mar 2026 stood at $43.2 million (down 18.71% YoY), while the FY2025 annual figure was $63.9 million, up 98.47% from the prior year.
- Cost of Revenue was $294000.0 for Q1 2026 at Volato, down from $21.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $32.1 million in Q3 2024 to a low of $24000.0 in Q4 2024.
- Historically, Cost of Revenue has averaged $11.5 million across 4 years, with a median of $16.1 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue tumbled 99.85% in 2024, then surged 90204.17% in 2025.
- A 4-year view of Cost of Revenue shows it stood at $16.1 million in 2023, then sank by 99.85% to $24000.0 in 2024, then soared by 90204.17% to $21.7 million in 2025, then plunged by 98.64% to $294000.0 in 2026.
- The last three Cost of Revenue figures came in at $294000.0 (Q1 2026), $21.7 million (Q4 2025), and $123000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Pacific Airport | 6,659.14 Bn | 6,658.57 Bn | 9.82 Bn | 1.55 Bn |
| 2 | Joby Aviation | 9.01 Bn | 9.01 Bn | 5.44 Mn | 18.80 Mn |
| 3 | Southeast Airport | 4.62 Bn | 4.02 Bn | - | - |
| 4 | Central North Airport | 2.05 Bn | 1.93 Bn | - | - |
| 5 | Wheels Up Experience | 259.93 Mn | 126.00 Mn | - | - |
| 6 | Volato | 5.42 Mn | 3.15 Mn | 703,000.00 | 294,000.00 |
| 7 | AerSale | 3.97 Mn | -405,177.49 | - | - |
| 8 | Corporacion America Airports | 11,914.50 | -674.98 Mn | 198.55 Mn | 339.07 Mn |
| 9 | Icts International N V | - | - | - | - |
| 10 | Volato | - | - | 703,000.00 | 294,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 294,000.00 |
| Mar 31, 2026 | 294,000.00 |
| Dec 31, 2025 | 21.67 Mn |
| Dec 31, 2025 | 21.67 Mn |
| Sep 30, 2025 | 123,000.00 |
| Sep 30, 2025 | 123,000.00 |
| Jun 30, 2025 | 21.09 Mn |
| Jun 30, 2025 | 21.09 Mn |
| Mar 31, 2025 | 20.99 Mn |
| Mar 31, 2025 | 20.99 Mn |
| Dec 31, 2024 | 24,000.00 |
| Dec 31, 2024 | 24,000.00 |
| Sep 30, 2024 | 32.07 Mn |
| Sep 30, 2024 | 32.07 Mn |
| Jun 30, 2024 | 34,000.00 |
| Jun 30, 2024 | 34,000.00 |
| Mar 31, 2024 | 52,000.00 |
| Mar 31, 2024 | 52,000.00 |
| Dec 31, 2023 | 16.15 Mn |
| Dec 31, 2023 | 16.15 Mn |