SOAR AI, Inc.
- SOAR · NYSE
- Air Transportation, Nonscheduled
- North Canton, OH
- 13 employees
- CIK 0001853070
Updated from SEC filings through
Top things to know
Revenue, FY2025$78.6M+101.1% vs FY2024Operating margin5.0%Operating income $4.0MEmployees13As of December 31, 2025Next earningsNovember 12, 2026AnnouncedLatest 8-KAmendments to articles or bylaws; change in fiscal yearFiled October 21, 2026Leadership changeItem 5.02 filedSeptember 21, 2026, last 90 days
Executives
- Christopher Ensey Chief Executive Officer 3, 2026-10-13
- Mark Heinen Chief Financial Officer 8-K, 2026-07-23
- Michael Patrick Prachar Chief Operating Officer 4, 2026-03-31
SOAR AI, Inc. is a U.S. public company in air transportation, nonscheduled (SIC 4522), headquartered in North Canton, OH. It trades as SOAR on NYSE. Revenue was $78.6M in the fiscal year ending December 31, 2025, +101.1% from the year before. It reported about 13 employees. Christopher Ensey is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $78.6M 10-K, 2026-03-12 | $39.1M 10-K, 2026-03-12 | $35.6M 10-K, 2025-03-31 | $0 10-K, 2023-02-27 |
| Operating income | $4.0M 10-K, 2026-03-12 | -$8.6M 10-K, 2026-03-12 | -$4.4M 10-K, 2025-03-31 | -$9.2M 10-K, 2024-03-26 |
| SG&A | $10.7M 10-K, 2026-03-12 | $15.5M 10-K, 2026-03-12 | $9.2M 10-K, 2025-03-31 | $11.6M 10-K, 2024-03-26 |
| Net income | $5.2M 10-K, 2026-03-12 | -$40.6M 10-K, 2026-03-12 | -$52.8M 10-K, 2025-03-31 | -$9.4M 10-K, 2024-03-26 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Christopher Ensey | Chief Executive Officer | 3, 2026-10-13 |
| Mark Heinen | Chief Financial Officer | 8-K, 2026-07-23 |
| Michael Patrick Prachar | Chief Operating Officer | 4, 2026-03-31 |
| David Allen | member of the Board | 8-K, 2026-07-23 |
| Chris Burger | Director | 10-K, 2026-03-12 |
| Michael Nichols | Director | 10-K, 2026-03-12 |
| Nicholas Cooper | Director | 10-K, 2026-03-12 |
What SOAR AI, Inc. does
Volato is an aviation technology company that connects travelers to private, on-demand flight access and develops proprietary software platforms for enterprise and operational applications. Historically, we generated revenue through our aircraft ownership program, a focused commercial strategy that included deposit products, charter flights, and aircraft management services. Our aviation experience led to the development of proprietary software products and applications, including “Mission Control,” “Vaunt,” and “Parslee.”
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 53.6 million (as of August 3, 2026) | 10-Q, August 14, 2026 |
|---|---|---|
| Public float | $4.6M (as of June 30, 2025) | 10-K/A, April 30, 2026 |
| Reportable segments | 1 (period ending June 30, 2026) | 10-Q, August 14, 2026 |
| Latest proxy statement | Meeting November 4, 2026 (filed November 4, 2026) | DEF 14A, November 4, 2026 |
| Auditor | Elliott Davis (Charlotte, North Carolina) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| June 30, 2025 | Nicholas James Cooper Director | Sale | 26,186 | $34K | Form 4, July 1, 2025 |
Recent 8-K events
- 8-K filed 2026-10-21
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-09
- Item 1.01 Entry into a material definitive agreement
- Item 3.02 Unregistered sales of equity securities
- Item 3.03 Material modification to rights of security holders
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- 8-K filed 2026-09-28
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-21
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-11
- Item 1.01 Entry into a material definitive agreement
- Item 2.01 Completion of acquisition or disposition of assets
- Item 2.03 Creation of a direct financial obligation
- Item 3.02 Unregistered sales of equity securities
- Item 3.03 Material modification to rights of security holders
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- 8-K filed 2026-09-04
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-08-28
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-23
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-06
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-02
- Item 8.01 Other events
Frequently asked questions about SOAR AI, Inc.
- What does SOAR AI, Inc. do?
- In its own words, from Item 1 of its 10-K: "Volato is an aviation technology company that connects travelers to private, on-demand flight access and develops proprietary software platforms for enterprise and operational applications. Historically, we generated revenue through our aircraft ownership program, a focused commercial strategy that included deposit products, charter flights, and aircraft management services. Our aviation experience led to the development of proprietary software products and applications, including “Mission Control,” “Vaunt,” and “Parslee.”"
- What is SOAR AI, Inc.'s revenue?
- $78.6M for the fiscal year ending December 31, 2025, from its 10-K filed March 12, 2026.
- Is SOAR AI, Inc. profitable?
- SOAR AI, Inc. reported net income of $5.2M for the fiscal year ending December 31, 2025.
- How many employees does SOAR AI, Inc. have?
- About 13 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of SOAR AI, Inc.?
- Christopher Ensey, Chief Executive Officer, as named in a 3 filed October 13, 2026.
- Who is the CFO of SOAR AI, Inc.?
- Mark Heinen, Chief Financial Officer, as named in a 8-K filed July 23, 2026.
- Where is SOAR AI, Inc. headquartered?
- North Canton, OH.
- What is SOAR AI, Inc.'s stock ticker?
- SOAR, SOARW on NYSE.
- What industry is SOAR AI, Inc. in?
- Air Transportation, Nonscheduled, SIC code 4522.
- What is SOAR AI, Inc.'s website?
- flyvolato.com.
- When does SOAR AI, Inc. report earnings next?
- November 12, 2026. Source: pg_future_events.
- Is SOAR AI, Inc. a public company?
- Yes. SOAR AI, Inc. files with the SEC under CIK 0001853070 and trades as SOAR.
- Who audits SOAR AI, Inc.?
- Elliott Davis, Charlotte, North Carolina, as named in its latest annual report (10-K).
- How many shares of SOAR AI, Inc. are outstanding?
- 53.6 million shares as of August 3, 2026, from its 10-Q filed August 14, 2026.
- What is SOAR AI, Inc.'s public float?
- $4.6M as of June 30, 2025, as reported on the cover of its 10-K/A filed April 30, 2026.
- How many business segments does SOAR AI, Inc. report?
- 1 reportable segment for the period ending June 30, 2026, from its 10-Q filed August 14, 2026.
- When is SOAR AI, Inc.'s annual shareholder meeting?
- November 4, 2026, per its proxy statement (DEF 14A) filed November 4, 2026.
- Have SOAR AI, Inc. insiders traded stock recently?
- Since June 30, 2025, officers and directors reported 1 open-market sale worth about $34K and 0 purchases on Forms 4 and 5. The most recent: Nicholas James Cooper (Director) sold 26,186 shares on June 30, 2025.