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Side-by-side financial comparison of FrontView REIT, Inc. (FVR) and Volato Group, Inc. (SOAR). Click either name above to swap in a different company.

Volato Group, Inc. is the larger business by last-quarter revenue ($24.9M vs $16.5M, roughly 1.5× FrontView REIT, Inc.). Volato Group, Inc. runs the higher net margin — 14.5% vs -24.9%, a 39.4% gap on every dollar of revenue.

FVR vs SOAR — Head-to-Head

Bigger by revenue
SOAR
SOAR
1.5× larger
SOAR
$24.9M
$16.5M
FVR
Higher net margin
SOAR
SOAR
39.4% more per $
SOAR
14.5%
-24.9%
FVR

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FVR
FVR
SOAR
SOAR
Revenue
$16.5M
$24.9M
Net Profit
$-4.1M
$3.6M
Gross Margin
15.2%
Operating Margin
3.5%
Net Margin
-24.9%
14.5%
Revenue YoY
13632.0%
Net Profit YoY
121.3%
EPS (diluted)
$-0.19
$0.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FVR
FVR
SOAR
SOAR
Q4 25
$16.5M
Q3 25
$16.8M
Q2 25
$17.6M
$24.9M
Q1 25
$16.2M
$25.5M
Q3 24
$14.5M
$38.5M
Q4 23
$3.2M
Q3 23
$3.7M
Q2 23
$13.0M
Net Profit
FVR
FVR
SOAR
SOAR
Q4 25
$-4.1M
Q3 25
$4.0M
Q2 25
$-2.9M
$3.6M
Q1 25
$-833.0K
$455.0K
Q3 24
$-2.4M
$-4.4M
Q4 23
Q3 23
$-11.8M
Q2 23
$-9.9M
Gross Margin
FVR
FVR
SOAR
SOAR
Q4 25
Q3 25
Q2 25
15.2%
Q1 25
17.6%
Q3 24
16.6%
Q4 23
Q3 23
8.7%
Q2 23
-24.2%
Operating Margin
FVR
FVR
SOAR
SOAR
Q4 25
Q3 25
Q2 25
3.5%
Q1 25
9.9%
Q3 24
5.5%
Q4 23
Q3 23
-50.2%
Q2 23
-71.3%
Net Margin
FVR
FVR
SOAR
SOAR
Q4 25
-24.9%
Q3 25
23.9%
Q2 25
-16.5%
14.5%
Q1 25
-5.1%
1.8%
Q3 24
-16.7%
-11.5%
Q4 23
Q3 23
-323.6%
Q2 23
-75.8%
EPS (diluted)
FVR
FVR
SOAR
SOAR
Q4 25
$-0.19
Q3 25
$0.19
Q2 25
$-0.16
$0.75
Q1 25
$-0.06
$0.03
Q3 24
$-3.76
Q4 23
Q3 23
$-0.71
Q2 23
$-0.86

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FVR
FVR
SOAR
SOAR
Cash + ST InvestmentsLiquidity on hand
$13.5M
Total DebtLower is stronger
$314.3M
Stockholders' EquityBook value
$391.2M
$-7.1M
Total Assets
$854.4M
$13.0M
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVR
FVR
SOAR
SOAR
Q4 25
$13.5M
Q3 25
$19.6M
Q2 25
$8.4M
Q1 25
$3.3M
Q3 24
Q4 23
Q3 23
Q2 23
Total Debt
FVR
FVR
SOAR
SOAR
Q4 25
$314.3M
Q3 25
$307.1M
Q2 25
$316.9M
Q1 25
$310.2M
Q3 24
Q4 23
Q3 23
Q2 23
Stockholders' Equity
FVR
FVR
SOAR
SOAR
Q4 25
$391.2M
Q3 25
$385.2M
Q2 25
$369.9M
$-7.1M
Q1 25
$324.7M
$-15.8M
Q3 24
$1.0K
$-19.6M
Q4 23
$14.8M
Q3 23
$-34.8M
Q2 23
$-23.0M
Total Assets
FVR
FVR
SOAR
SOAR
Q4 25
$854.4M
Q3 25
$846.8M
Q2 25
$856.5M
$13.0M
Q1 25
$860.8M
$23.4M
Q3 24
$1.0K
$47.9M
Q4 23
$71.7M
Q3 23
$70.4M
Q2 23
$70.9M
Debt / Equity
FVR
FVR
SOAR
SOAR
Q4 25
0.80×
Q3 25
0.80×
Q2 25
0.86×
Q1 25
0.96×
Q3 24
Q4 23
Q3 23
Q2 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FVR
FVR
SOAR
SOAR
Operating Cash FlowLast quarter
$42.1M
$848.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVR
FVR
SOAR
SOAR
Q4 25
$42.1M
Q3 25
$8.3M
Q2 25
$9.3M
$848.0K
Q1 25
$8.1M
$-312.0K
Q3 24
$-3.1M
Q4 23
$-30.4M
Q3 23
$-10.9M
Q2 23
$-5.6M
Free Cash Flow
FVR
FVR
SOAR
SOAR
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
$-3.2M
Q4 23
$-31.0M
Q3 23
$-11.1M
Q2 23
$-5.9M
FCF Margin
FVR
FVR
SOAR
SOAR
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
-8.2%
Q4 23
-958.0%
Q3 23
-304.7%
Q2 23
-45.6%
Capex Intensity
FVR
FVR
SOAR
SOAR
Q4 25
Q3 25
Q2 25
0.0%
Q1 25
0.0%
Q3 24
0.1%
Q4 23
19.7%
Q3 23
7.4%
Q2 23
2.2%
Cash Conversion
FVR
FVR
SOAR
SOAR
Q4 25
Q3 25
2.06×
Q2 25
0.24×
Q1 25
-0.69×
Q3 24
Q4 23
Q3 23
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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