NYSE$SOAR

Volato Group Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Volato Group Inc reported a net loss of $2.6 million for the first quarter of 2026 as it transitioned to a software-focused business model.

Volato Group Inc recorded revenue of $997 thousand for Q1 2026, primarily from its Vaunt subscription platform, with no aircraft sales. The company posted an operating loss of $2.3 million and a net loss of $2.6 million, reflecting ongoing restructuring and a focus on proprietary software amid a going concern qualification.

  • Revenue declined sharply to $997 thousand from $25.5 million year-over-year due to exit from aircraft sales operations.
  • Net loss widened to $2.6 million as the company shifted focus to software subscriptions and AI platforms.
  • Total liabilities reduced to $8.4 million following debt conversions and asset sales.
  • Company raised $3.6 million via ATM equity sales in April 2026 and advanced merger with M2i Global.

Headline financials

Total Revenue

$997K

Previous: $25.5M-96.1%
EPS (adj)

-$0.18

Previous: $0.03-700.0%
Total Liabilities

$8.35M

Previous: $39.2M-78.7%
Capital Expenditures

-$176K

Previous: $0.00
Free Cash Flow

-$2.75M

No prior period
Net Income

-$2.63M

Previous: $500K-626.8%
Operating Income

-$2.35M

Previous: $2.7M-186.9%
Gross Profit

$703K

Previous: $4.5M-84.4%
Cash & Equivalents

$0.00

No prior period
Total Assets

$7.91M

No prior period

Revenue & EPS history

Volato · Revenue · Quarterly

$997K

Q1 2026-96.1%vs Q1 2025

Forward guidance

Management plans to fund operations through equity and debt financings while advancing the M2i merger and software products.

Tailwinds

  • Completed intellectual property sale to flyExclusive for $1.3 million
  • Reduced debt through conversions of convertible notes
  • Approved merger with M2i by shareholders in May 2026

Headwinds

  • Substantial doubt about going concern due to working capital deficit
  • NYSE American non-compliance notice received in March 2026
  • Limited cash position of $1.9 million at quarter end

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+7.7%

Avg return

Earnings day

-0.3%

Avg return

5 days after

-15.9%

Avg return

30 days after

57%

8 / 14 earnings

Positive

+132.2%

Q3 2024

Best reaction

-17.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.6%-6.7%
Q4 2025-17.4%-9.1%-14.4%
Q3 2025-2.9%-15.5%-15.5%
Q2 2025+11.5%-11.4%+3.2%
Q1 2025+2.5%+2.4%-33.7%
Q4 2024+1.8%+0.9%-8.5%
Q3 2024+132.2%+46.8%+19.7%
Q2 2024-14.6%-12.4%-2.0%
Q1 2024+7.3%+8.7%-55.3%
Q4 2023-6.7%-8.0%-52.3%
Q3 2023+0.1%+0.0%-51.2%
Q2 2023+0.0%+0.0%+1.1%
Q1 2023+0.0%+0.0%+0.8%
Q4 2022+0.3%+0.4%+1.0%

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