Volato (SOARW) Gross Margin (2023 - 2026)

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 was 70.51% for Q1 2026 at Volato, up from 22.15% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 93.5% in Q4 2024 to a low of 24.2% in Q2 2023.
• Historically, Gross Margin has averaged 28.28% across 4 years, with a median of 17.64% in 2025.
• The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 10541 bps in 2024, then tumbled 7134 bps in 2025.
• A 4-year view of Gross Margin shows it stood at 17.79% in 2023, then surged by 426 bps to 93.5% in 2024, then tumbled by 76 bps to 22.15% in 2025, then surged by 218 bps to 70.51% in 2026.
• The last three Gross Margin figures came in at 70.51% (Q1 2026), 22.15% (Q4 2025), and 67.72% (Q3 2025), per Business Quant data.