Volato (SOAR) has had the highest return this year by a micro-cap US stock, returning 927.6%.

ASSET	YEAR	% RETURN
Volato (SOAR)	2025	927.6%
Dominari (DOMH)	2025	673.47%
NewGenIvf Group Limited Class A Ordinary Shares (NIVF)	2025	530.81%
Magic Empire Global (MEGL)	2025	283.4%
Jiuzi (JZXN)	2025	259.29%
Wang & Lee Group, Inc Ordinary Shares (WLGS)	2025	244.83%
Cyclo Therapeutics (CYTHW)	2025	242.86%
Rapid Micro Biosystems (RPID)	2025	207.69%
Oncology Institute (TOI)	2025	177.78%
Lottery, Inc Common Stock (LTRY)	2025	171.57%
Neuronetics (STIM)	2025	170.3%
Invivyd (IVVD)	2025	163.83%
Reborn Coffee (REBN)	2025	162.57%
Chromocell Therapeutics (CHRO)	2025	161.19%
Firefly Neuroscience (AIFF)	2025	155.07%
HWH International (HWH)	2025	151.82%
Mobile Global Esports (MGAM)	2025	150%
Yoshiharu Global (YOSH)	2025	145.45%
Biomerica (BMRA)	2025	142.32%
Nuvve (NVVEW)	2025	136.22%
Noodles (NDLS)	2025	132.02%
JX Luxventure (JXG)	2025	128%
Creative Medical Technology (CELZ)	2025	112.99%
Cumberland Pharmaceuticals (CPIX)	2025	106.56%
Skyline Builders Group Holding Limited Class A Ordinary Shares (SKBL)	2025	104.55%

Micro-cap stocks are treated as having a market cap of <= $300M.