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

Seaport Entertainment Group Inc. is the larger business by last-quarter revenue ($29.5M vs $24.9M, roughly 1.2× Volato Group, Inc.). Volato Group, Inc. runs the higher net margin — 14.5% vs -125.0%, a 139.5% gap on every dollar of revenue.

SEG vs SOAR — Head-to-Head

Bigger by revenue
SEG
SEG
1.2× larger
SEG
$29.5M
$24.9M
SOAR
Higher net margin
SOAR
SOAR
139.5% more per $
SOAR
14.5%
-125.0%
SEG

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
SEG
SEG
SOAR
SOAR
Revenue
$29.5M
$24.9M
Net Profit
$-36.9M
$3.6M
Gross Margin
15.2%
Operating Margin
-120.5%
3.5%
Net Margin
-125.0%
14.5%
Revenue YoY
13632.0%
Net Profit YoY
121.3%
EPS (diluted)
$-2.90
$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
SEG
SEG
SOAR
SOAR
Q4 25
$29.5M
Q3 25
$45.0M
Q2 25
$39.8M
$24.9M
Q1 25
$16.1M
$25.5M
Q3 24
$39.4M
$38.5M
Q2 24
$33.7M
Q4 23
$3.2M
Q3 23
$3.7M
Net Profit
SEG
SEG
SOAR
SOAR
Q4 25
$-36.9M
Q3 25
$-33.2M
Q2 25
$-14.8M
$3.6M
Q1 25
$-31.9M
$455.0K
Q3 24
$-32.5M
$-4.4M
Q2 24
$-35.0M
Q4 23
Q3 23
$-11.8M
Gross Margin
SEG
SEG
SOAR
SOAR
Q4 25
Q3 25
Q2 25
15.2%
Q1 25
17.6%
Q3 24
16.6%
Q2 24
Q4 23
Q3 23
8.7%
Operating Margin
SEG
SEG
SOAR
SOAR
Q4 25
-120.5%
Q3 25
-75.2%
Q2 25
-40.2%
3.5%
Q1 25
-203.5%
9.9%
Q3 24
-51.0%
5.5%
Q2 24
-75.3%
Q4 23
Q3 23
-50.2%
Net Margin
SEG
SEG
SOAR
SOAR
Q4 25
-125.0%
Q3 25
-73.7%
Q2 25
-37.1%
14.5%
Q1 25
-198.4%
1.8%
Q3 24
-82.5%
-11.5%
Q2 24
-103.9%
Q4 23
Q3 23
-323.6%
EPS (diluted)
SEG
SEG
SOAR
SOAR
Q4 25
$-2.90
Q3 25
$-2.61
Q2 25
$-1.16
$0.75
Q1 25
$-2.51
$0.03
Q3 24
$-5.89
$-3.76
Q2 24
$-6.34
Q4 23
Q3 23
$-0.71

Balance Sheet & Financial Strength

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

Metric
SEG
SEG
SOAR
SOAR
Cash + ST InvestmentsLiquidity on hand
$77.8M
Total DebtLower is stronger
$38.3M
Stockholders' EquityBook value
$456.5M
$-7.1M
Total Assets
$650.1M
$13.0M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SEG
SEG
SOAR
SOAR
Q4 25
$77.8M
Q3 25
$106.2M
Q2 25
$123.3M
Q1 25
$129.9M
Q3 24
$23.7M
Q2 24
$3.3M
Q4 23
Q3 23
Total Debt
SEG
SEG
SOAR
SOAR
Q4 25
$38.3M
Q3 25
$39.3M
Q2 25
$100.6M
Q1 25
$101.6M
Q3 24
$103.3M
Q2 24
$157.1M
Q4 23
Q3 23
Stockholders' Equity
SEG
SEG
SOAR
SOAR
Q4 25
$456.5M
Q3 25
$485.8M
Q2 25
$517.9M
$-7.1M
Q1 25
$531.2M
$-15.8M
Q3 24
$433.8M
$-19.6M
Q2 24
$380.7M
Q4 23
$14.8M
Q3 23
$-34.8M
Total Assets
SEG
SEG
SOAR
SOAR
Q4 25
$650.1M
Q3 25
$699.1M
Q2 25
$717.2M
$13.0M
Q1 25
$718.4M
$23.4M
Q3 24
$622.8M
$47.9M
Q2 24
$610.1M
Q4 23
$71.7M
Q3 23
$70.4M
Debt / Equity
SEG
SEG
SOAR
SOAR
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.19×
Q1 25
0.19×
Q3 24
0.24×
Q2 24
0.41×
Q4 23
Q3 23

Cash Flow & Capital Efficiency

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

Metric
SEG
SEG
SOAR
SOAR
Operating Cash FlowLast quarter
$-23.1M
$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
SEG
SEG
SOAR
SOAR
Q4 25
$-23.1M
Q3 25
$-5.3M
Q2 25
$-754.0K
$848.0K
Q1 25
$-20.5M
$-312.0K
Q3 24
$-8.8M
$-3.1M
Q2 24
Q4 23
$-30.4M
Q3 23
$-10.9M
Free Cash Flow
SEG
SEG
SOAR
SOAR
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
$-3.2M
Q2 24
Q4 23
$-31.0M
Q3 23
$-11.1M
FCF Margin
SEG
SEG
SOAR
SOAR
Q4 25
Q3 25
Q2 25
Q1 25
Q3 24
-8.2%
Q2 24
Q4 23
-958.0%
Q3 23
-304.7%
Capex Intensity
SEG
SEG
SOAR
SOAR
Q4 25
Q3 25
Q2 25
0.0%
Q1 25
0.0%
Q3 24
0.1%
Q2 24
Q4 23
19.7%
Q3 23
7.4%
Cash Conversion
SEG
SEG
SOAR
SOAR
Q4 25
Q3 25
Q2 25
0.24×
Q1 25
-0.69×
Q3 24
Q2 24
Q4 23
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

SEG
SEG

Sponsorships Events And Entertainment$12.5M43%
Hospitality$12.2M41%
Rental$4.1M14%
Other$631.0K2%

SOAR
SOAR

Segment breakdown not available.

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