vs
Side-by-side financial comparison of Volato Group, Inc. (SOAR) and TELOS CORP (TLS). Click either name above to swap in a different company.
TELOS CORP is the larger business by last-quarter revenue ($46.8M vs $24.9M, roughly 1.9× Volato Group, Inc.). Volato Group, Inc. runs the higher net margin — 14.5% vs -34.9%, a 49.4% gap on every dollar of revenue. On growth, Volato Group, Inc. posted the faster year-over-year revenue change (13632.0% vs 77.4%).
Volato Aeronaves also known as Volato Aeronaves e Compósitos Ltda is a Brazilian aircraft manufacturer.
Telos Corporation is an information technology and cybersecurity company located in Ashburn, Virginia. Telos primarily serves government and enterprise clients, receiving a large number of its contracts from the United States Department of Defense. Customers are primarily military, intelligence and civilian agencies of the US government and NATO allies.
SOAR vs TLS — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $24.9M | $46.8M |
| Net Profit | $3.6M | $-16.3M |
| Gross Margin | 15.2% | 35.0% |
| Operating Margin | 3.5% | -39.6% |
| Net Margin | 14.5% | -34.9% |
| Revenue YoY | 13632.0% | 77.4% |
| Net Profit YoY | 121.3% | -74.8% |
| EPS (diluted) | $0.75 | $-0.22 |
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 | — | $46.8M | ||
| Q3 25 | — | $51.4M | ||
| Q2 25 | $24.9M | $36.0M | ||
| Q1 25 | $25.5M | $30.6M | ||
| Q4 24 | — | $26.4M | ||
| Q3 24 | $38.5M | $23.8M | ||
| Q2 24 | — | $28.5M | ||
| Q1 24 | — | $29.6M |
| Q4 25 | — | $-16.3M | ||
| Q3 25 | — | $-2.1M | ||
| Q2 25 | $3.6M | $-9.5M | ||
| Q1 25 | $455.0K | $-8.6M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | $-4.4M | $-28.1M | ||
| Q2 24 | — | $-7.8M | ||
| Q1 24 | — | $-7.4M |
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | 15.2% | 33.2% | ||
| Q1 25 | 17.6% | 39.8% | ||
| Q4 24 | — | 40.3% | ||
| Q3 24 | 16.6% | 13.2% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 37.0% |
| Q4 25 | — | -39.6% | ||
| Q3 25 | — | -4.8% | ||
| Q2 25 | 3.5% | -27.5% | ||
| Q1 25 | 9.9% | -29.5% | ||
| Q4 24 | — | -37.6% | ||
| Q3 24 | 5.5% | -121.4% | ||
| Q2 24 | — | -30.3% | ||
| Q1 24 | — | -28.5% |
| Q4 25 | — | -34.9% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | 14.5% | -26.5% | ||
| Q1 25 | 1.8% | -28.1% | ||
| Q4 24 | — | -35.4% | ||
| Q3 24 | -11.5% | -118.0% | ||
| Q2 24 | — | -27.2% | ||
| Q1 24 | — | -24.9% |
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | $0.75 | $-0.13 | ||
| Q1 25 | $0.03 | $-0.12 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | $-3.76 | $-0.39 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | — | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $53.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-7.1M | $96.0M |
| Total Assets | $13.0M | $139.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $53.2M | ||
| Q3 25 | — | $59.0M | ||
| Q2 25 | — | $57.0M | ||
| Q1 25 | — | $57.8M | ||
| Q4 24 | — | $54.6M | ||
| Q3 24 | — | $69.8M | ||
| Q2 24 | — | $80.1M | ||
| Q1 24 | — | $93.9M |
| Q4 25 | — | $96.0M | ||
| Q3 25 | — | $119.7M | ||
| Q2 25 | $-7.1M | $118.4M | ||
| Q1 25 | $-15.8M | $126.1M | ||
| Q4 24 | — | $127.1M | ||
| Q3 24 | $-19.6M | $129.5M | ||
| Q2 24 | — | $149.1M | ||
| Q1 24 | — | $154.4M |
| Q4 25 | — | $139.9M | ||
| Q3 25 | — | $164.3M | ||
| Q2 25 | $13.0M | $165.0M | ||
| Q1 25 | $23.4M | $158.1M | ||
| Q4 24 | — | $158.2M | ||
| Q3 24 | $47.9M | $166.3M | ||
| Q2 24 | — | $182.4M | ||
| Q1 24 | — | $195.4M |
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 | $848.0K | $8.0M |
| Free Cash FlowOCF − Capex | — | $8.0M |
| FCF MarginFCF / Revenue | — | 17.0% |
| Capex IntensityCapex / Revenue | 0.0% | 0.1% |
| Cash ConversionOCF / Net Profit | 0.24× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $29.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $9.1M | ||
| Q2 25 | $848.0K | $7.0M | ||
| Q1 25 | $-312.0K | $6.1M | ||
| Q4 24 | — | $-10.5M | ||
| Q3 24 | $-3.1M | $-7.1M | ||
| Q2 24 | — | $-8.0M | ||
| Q1 24 | — | $-350.0K |
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $8.7M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | $-3.2M | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | — | $-447.0K |
| Q4 25 | — | 17.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 19.0% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | -47.0% | ||
| Q3 24 | -8.2% | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | — | -1.5% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | 0.0% | 0.4% | ||
| Q1 25 | 0.0% | 0.4% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | 0.1% | 0.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.24× | — | ||
| Q1 25 | -0.69× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SOAR
Segment breakdown not available.
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
