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Side-by-side financial comparison of NATIONAL BANKSHARES INC (NKSH) 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 $15.3M, roughly 1.6× NATIONAL BANKSHARES INC). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs 14.5%, a 24.0% gap on every dollar of revenue. On growth, Volato Group, Inc. posted the faster year-over-year revenue change (13632.0% vs 24.7%).
Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.
Volato Aeronaves also known as Volato Aeronaves e Compósitos Ltda is a Brazilian aircraft manufacturer.
NKSH vs SOAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $15.3M | $24.9M |
| Net Profit | $5.9M | $3.6M |
| Gross Margin | — | 15.2% |
| Operating Margin | 47.4% | 3.5% |
| Net Margin | 38.5% | 14.5% |
| Revenue YoY | 24.7% | 13632.0% |
| Net Profit YoY | 91.0% | 121.3% |
| EPS (diluted) | $0.93 | $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.
| Q4 25 | $15.3M | — | ||
| Q3 25 | $14.2M | — | ||
| Q2 25 | $13.3M | $24.9M | ||
| Q1 25 | $12.8M | $25.5M | ||
| Q4 24 | $12.2M | — | ||
| Q3 24 | $11.7M | $38.5M | ||
| Q2 24 | $10.9M | — | ||
| Q1 24 | $10.4M | — |
| Q4 25 | $5.9M | — | ||
| Q3 25 | $4.4M | — | ||
| Q2 25 | $2.3M | $3.6M | ||
| Q1 25 | $3.2M | $455.0K | ||
| Q4 24 | $3.1M | — | ||
| Q3 24 | $2.7M | $-4.4M | ||
| Q2 24 | $-307.0K | — | ||
| Q1 24 | $2.2M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 17.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 16.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 47.4% | — | ||
| Q3 25 | 37.9% | — | ||
| Q2 25 | 20.0% | 3.5% | ||
| Q1 25 | 30.5% | 9.9% | ||
| Q4 24 | 30.1% | — | ||
| Q3 24 | 27.5% | 5.5% | ||
| Q2 24 | -4.4% | — | ||
| Q1 24 | 25.8% | — |
| Q4 25 | 38.5% | — | ||
| Q3 25 | 31.1% | — | ||
| Q2 25 | 17.2% | 14.5% | ||
| Q1 25 | 25.3% | 1.8% | ||
| Q4 24 | 25.1% | — | ||
| Q3 24 | 22.8% | -11.5% | ||
| Q2 24 | -2.8% | — | ||
| Q1 24 | 20.8% | — |
| Q4 25 | $0.93 | — | ||
| Q3 25 | $0.69 | — | ||
| Q2 25 | $0.36 | $0.75 | ||
| Q1 25 | $0.51 | $0.03 | ||
| Q4 24 | $0.50 | — | ||
| Q3 24 | $0.42 | $-3.76 | ||
| Q2 24 | $-0.05 | — | ||
| Q1 24 | $0.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $59.3M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $184.9M | $-7.1M |
| Total Assets | $1.8B | $13.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.3M | — | ||
| Q3 25 | $42.3M | — | ||
| Q2 25 | $92.8M | — | ||
| Q1 25 | $122.5M | — | ||
| Q4 24 | $108.1M | — | ||
| Q3 24 | $49.8M | — | ||
| Q2 24 | $98.9M | — | ||
| Q1 24 | $121.2M | — |
| Q4 25 | $184.9M | — | ||
| Q3 25 | $179.2M | — | ||
| Q2 25 | $168.7M | $-7.1M | ||
| Q1 25 | $167.3M | $-15.8M | ||
| Q4 24 | $156.4M | — | ||
| Q3 24 | $167.8M | $-19.6M | ||
| Q2 24 | $149.0M | — | ||
| Q1 24 | $139.4M | — |
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | $13.0M | ||
| Q1 25 | $1.8B | $23.4M | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | $47.9M | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.7B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $17.9M | $848.0K |
| Free Cash FlowOCF − Capex | $15.2M | — |
| FCF MarginFCF / Revenue | 99.2% | — |
| Capex IntensityCapex / Revenue | 17.9% | 0.0% |
| Cash ConversionOCF / Net Profit | 3.04× | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | $23.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.9M | — | ||
| Q3 25 | $6.1M | — | ||
| Q2 25 | $2.1M | $848.0K | ||
| Q1 25 | $2.6M | $-312.0K | ||
| Q4 24 | $9.4M | — | ||
| Q3 24 | $3.1M | $-3.1M | ||
| Q2 24 | $-3.0M | — | ||
| Q1 24 | $3.8M | — |
| Q4 25 | $15.2M | — | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $1.5M | — | ||
| Q1 25 | $1.6M | — | ||
| Q4 24 | $6.2M | — | ||
| Q3 24 | $2.2M | $-3.2M | ||
| Q2 24 | $-4.0M | — | ||
| Q1 24 | $3.5M | — |
| Q4 25 | 99.2% | — | ||
| Q3 25 | 37.4% | — | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | 12.5% | — | ||
| Q4 24 | 50.5% | — | ||
| Q3 24 | 18.5% | -8.2% | ||
| Q2 24 | -36.3% | — | ||
| Q1 24 | 33.8% | — |
| Q4 25 | 17.9% | — | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 4.1% | 0.0% | ||
| Q1 25 | 7.5% | 0.0% | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 8.3% | 0.1% | ||
| Q2 24 | 9.3% | — | ||
| Q1 24 | 3.0% | — |
| Q4 25 | 3.04× | — | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 0.90× | 0.24× | ||
| Q1 25 | 0.79× | -0.69× | ||
| Q4 24 | 3.07× | — | ||
| Q3 24 | 1.17× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.77× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
