Surf Air Mobility Inc.

Surf Air Mobility Inc.

SRFM
Surf Air Mobility Inc.US flagNew York Stock Exchange
1.13
USD
-0.03
- -
113.45MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.07
1.68
2.89
10.73
9.25
- -
2.33
Basic EPS, GAAP
-3.34
-5.1
-10.6
-44.46
-5.8
- -
-2.4
Free Cash Flow per Basic Share
-1.29
-3.45
-4.04
-12.8
-5.3
- -
-1.51
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-34.42
-39.51
-50.14
-106.87
-52.47
- -
-17.15
Tangible Book Value per Share
-20.99
-25.4
-32.56
-18.8
-11.23
- -
-1.62
Basic Weighted Avg Shares
7
7
7
6
13
- -
47
Sales/Revenue/Turnover
8
12
20
61
119
107
109
Operating Margin (%)
-276.77
-282.68
-251.08
-225.97
-50.46
-72.14
-65.95
Depreciation Expense
3
1
1
4
8
9
10
Net Income, GAAP
-23
-36
-74
-251
-75
-111
-112
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-312.49
-303.31
-366.79
-414.34
-62.72
-103.75
-103.39
Working Capital
-35
-54
-49
-122
-56
-103
-112
LT Debt
- -
- -
13
27
80
49
36
Total Equity
-142
-173
-222
-77
-120
-55
-57
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
11
51
54
LT Borrowings
68
40
28
LT Finance Leases
10
9
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
73
78
Market Capitalization
115
52
54

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
22
31
21
Cash, Cash Equivalents & STI
7
13
4
Accounts Receivable, Net
5
4
4
Inventories
- -
- -
- -
Total Current Liabilities
88
134
133
Payables & Accruals
55
56
56
ST Debt
11
51
54
Deferred Revenue
16
18
19

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-2.79%
-54.28%
Free Cash Flow
- -
68.11%
6.03%
Net Income, GAAP
- -
75.02%
47.59%
Sales/Revenue/Turnover
- -
82.84%
-10.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31
32
28
28
119
2025
24
27
29
26
107
2026
26
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3.35
-2.31
-0.94
- -
-5.8
2025
-1.09
-1.34
-0.64
- -
- -
2026
-0.26
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Deanna White
Full Time Employees
556
Sector
Industrials
Industry
Airlines, Airports & Air Services
Address
12111 South Crenshaw Boulevard Hawthorne CA United States of America 90250
IPO Date
Jul 28, 2023
Business
Surf Air Mobility Inc. operates as an advanced aerospace company specializing in the design, manufacture, and operation of electric and hybrid-electric aircraft. The company’s core products and services include the development of electric vertical takeoff and landing (eVTOL) aircraft; hybrid-electric regional aircraft; air vehicle platforms; integrated aircraft and battery systems; and sustainability-focused urban air mobility solutions. Surf Air Mobility addresses markets such as regional air travel, urban air mobility, and commuter aviation primarily in North America and expanding globally. Founded in 2015 and headquartered in Hawthorne, California, the company emphasizes innovation in electrified aircraft technology through its multiple proprietary aircraft models and operational services. In the past two years, Surf Air Mobility has made significant strategic advances including launching new aircraft models with enhanced hybrid-electric propulsion systems aimed at reducing emissions and operational costs. The company entered key partnerships to accelerate certification and commercial deployment of its aircraft while expanding its service network. Additionally, Surf Air Mobility raised capital through recent funding rounds to support manufacturing scale-up, research and development expansion, and market footprint growth. These developments mark a shift toward scaling integrated electric aircraft solutions that align with global sustainability goals in aviation. The business operates across the aerospace and urban air mobility industry segments with offerings categorized under aircraft manufacturing, aviation service operations, and supporting technologies. Its target customers include regional airlines, air mobility service operators, and logistics firms seeking low-emission transportation alternatives. Subsidiaries include operating and technology divisions that focus on vertical takeoff aircraft and regional hybrid-electric models, reinforcing its technological versatility and operational breadth. Overall, Surf Air Mobility leverages advanced electric propulsion, aircraft design expertise, and strategic alliances to position itself as a leading innovator in sustainable aviation solutions, driven by robust product development and increased capital investment aimed at market expansion and operational scalability.

Company News

APIChat
  • Surf Air Mobility to Present at the 2026 Jefferies Innovative Aerospace Virtual Summit on June 8, 2026

  • Surf Air Mobility Elects Shawn Pelsinger as Chairman of the Board of Directors

  • Surf Air Mobility Releases Videos Showcasing Internal Impact of SurfOS

  • Surf Air Mobility Q1 Earnings Call Highlights

  • Stonegate Capital Partners Updates Coverage On Surf Air Mobility Inc. (SRFM) 1Q26

  • Surf Air Mobility Joins FAA-Sponsored Center for Advanced Aviation Technologies Consortium

  • Surf Air Mobility Joins FAA-Sponsored Center for Advanced Aviation Technologies Consortium

  • Surf Air Mobility Inc. (SRFM) Q1 2026 Earnings Call Transcript

  • Surf Air Mobility Inc. (SRFM) Reports Q1 Loss, Tops Revenue Estimates

  • Surf Air Mobility Stock Climbs After Q1 Report — Here's Why

  • Surf Air Mobility Reports First Quarter 2026 Financial Results, Outperforming Adjusted EBITDA Guidance

  • Surf Air Mobility Announces Details of SurfOS Commercial Launch Plan

  • Surf Air Mobility Inc. (SRFM) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

  • Surf Air Mobility to Announce First Quarter 2026 Financial Results on May 11, 2026

  • Surf Air Mobility Announces New SurfOS Modules to Reduce Fuel Costs and Optimize Crew Reserves for Airline Operations

  • Surf Air Mobility Co-Founders, Officers, and Directors Backing 2026 Plan with Common Stock Purchases

  • Surf Air Mobility Announces Closing of $15 Million Registered Direct Offering of Common Stock

  • Surf Air Mobility Could Transform Into A Growth Story This Year

  • Letter to Surf Air Mobility Inc. Shareholders from Chairman of the Board, CEO, and Co-Founder

  • Surf Air Mobility Announces $15 Million Registered Direct Offering of Common Stock And New $15 Million Asset-Backed Loan