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
DateValue
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