Volato

Q1 FY2026 EarningsQ2 FY26 preliminary results show Vaunt cash sales reached $2.2M, up 199% YoY and 56% QoQ. Annual Recurring Revenue (ARR) surged 250% YoY to $4.7M, while paid membership grew 71% YoY to 2,743. The balance sheet significantly improved by eliminating all convertible debt, with total liabilities (excl. deferred revenue) dropping 75% YoY to $5M. The company ended the quarter with $8.4M in cash and is pursuing a strategic AI-focused merger in Q3 2026.