Volato (SOARW) Operating Expenses (2022 - 2026)

Volato's Operating Expenses history runs 5 years deep, the most recent figure standing at $3.3 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 85.43% year-over-year to $3.3 million; the TTM figure through Mar 2026 stood at $55.0 million (down 17.02% YoY), while the FY2025 annual figure was $74.6 million, up 56.43% from the prior year.
• Operating Expenses was $3.3 million for Q1 2026 at Volato, down from $24.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $104.5 million in Q4 2022 to a low of $362596.0 in Q3 2022.
• Historically, Operating Expenses has averaged $17.8 million across 5 years, with a median of $5.5 million in 2023.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 4676.02% in 2023, then sank 91.89% in 2025.
• A 5-year view of Operating Expenses shows it stood at $104.5 million in 2022, then tumbled by 81.25% to $19.6 million in 2023, then plunged by 83.98% to $3.1 million in 2024, then soared by 687.07% to $24.7 million in 2025, then plunged by 86.47% to $3.3 million in 2026.
• The last three Operating Expenses figures came in at $3.3 million (Q1 2026), $24.7 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.