Volato Group, Inc. (SOAR) Stock

Volato Group, Inc. (SOAR) is a Industrials stock trading at $0.16 (as of 2026-08-24), with a market capitalization of $4.98M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Volato Group, Inc. operates a private aviation business offering fractional aircraft ownership, aircraft management, jet card programs, deposits, and charter services. The company serves customers seeking access to its fleet, which as of December 31, 2023 included 24 HondaJets and 6 aircraft it managed.

Understand Volato Group, Inc.: how it makes money

Volato Group provides private aviation services, including fractional aircraft ownership, aircraft management, jet cards, deposits, and charter programs, and it makes money by selling customer access to flights and related aircraft management services.

Profitability is primarily driven by how well recurring customer programs (fractional ownership, jet cards, deposits) and variable charter demand translate into aircraft utilization and efficient aircraft management across Volato's fleet and managed aircraft.

Business quality (Weak): Clear business model description, but the data provided does not include reportable segment breakdowns or tracked operating KPIs to directly validate how utilization and unit economics are trending.

Valuation: At 0× earnings, SOAR trades 99% below the Transportation average (18×). Note: one-time items can distort reported P/E.

Bull case

  • Multiple ways to monetize private aviation: The company offers fractional ownership, aircraft management, jet cards, deposits, and charter programs, which can diversify revenue streams within the same aviation platform.
  • Fleet and managed-aircraft model: As of December 31, 2023, Volato operated a fleet of 24 HondaJets and managed an additional fleet of 6 aircraft, supporting a blend of operational ownership and managed services.

Bear case

  • Heavy losses at the operating level: For the period ending 2026-03-31, operating margin is -235.4%, indicating substantial operating losses.
  • Demand and utilization sensitivity: Because offerings include charter programs and flight access, results can be pressured if aircraft utilization or demand weakens, increasing the risk that fixed costs and operating expenses are not covered.
Valuation — source: SEC EDGAR (first-party)
Price$0.16
Market Cap$4.98M
Price / Book1.44
Price / Sales1.97
FCF Yield-225.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$78.56M
Net Margin6.6%
Revenue Growth (YoY)69.7%
EPS Growth (YoY)-104.8%
FCF Growth (YoY)-119.2%
Financial Health — source: SEC EDGAR
Altman Z-Score-4.26 (distress)
Valuation vs Sector & Industry
Sector P/E (Industrials)26.0
Industry P/E (Transportation)17.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderQUADRANT CAPITAL GROUP LLC ($48966.00)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryTransportation
CEOMatthew Dennis Liotta
Employees12
CountryUS
IPO Date2022-01-21

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SOAR earnings history · SOAR institutional & insider holders · SOAR KPIs & operating metrics · SOAR financials · SOAR investor presentations & press releases · SOAR SEC filings · SOAR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.