Surf Air Mobility (SRFM)

NYSE Market Closed

Surf Air Mobility Inc. is an aviation company focused on regional air travel, commuter airline operations, and technology intended to modernize short-haul flying. The company operates scheduled commercial air service in the United States, selling seats to passengers on regional routes and serving markets that are often less connected by larger airlines. Its business also includes on-demand charter services, where customers book flights on a request basis, and a developing marketplace model aimed at making regional private and semi-private air travel easier to access.

Surf Air Mobility reports its activities in a single Air Mobility segment. Revenue comes from scheduled passenger flights, charter operations, and Essential Air Service awards from the US Department of Transportation. The EAS programme subsidizes air service to smaller communities that might otherwise lose scheduled airline connectivity, making it an important part of the regional aviation ecosystem. This gives the company exposure to both commercial passenger demand and government-supported routes.

A key element of Surf Air Mobility’s strategy is the electrification of regional aviation. The company is working on aviation software, powertrain technology, and related services intended to support hybrid or electric aircraft operations over time. Its focus is on the regional market, where shorter flight distances may make electrified aircraft more practical than in long-haul aviation. The goal is to reduce operating costs, lower emissions, and improve the economics of serving smaller airports.

As a public company, Surf Air Mobility is tied to the evolution of regional air mobility, pilot and aircraft availability, fuel and maintenance costs, regulatory certification, and passenger adoption of new travel models. Its profile combines an operating airline business with a longer-term technology and electrification strategy.

1.09 USD
1.09 USD
−0.04 (-3.54%)
Pre-market

Last updated

Market Cap
109.43M
P/E
P/FCF
P/S
1.01
Enterprise Value
181.55M
Sector
Industrials
Industry
Air Transportation, Nonscheduled
Address
12111 S. CRENSHAW BLVD., HAWTHORNE, CA, 90250
Market Cap
109.43M
Enterprise Value
181.55M
P/E
P/B
-1.73
P/S
1.01
EV / EBITDA
-2.93
EV / Sales
1.67
EPS
-1.12
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-68.04M
ROE
177.79%
ROA
-92.99%
Debt / Equity
-1.21
Current Ratio
0.16
Quick Ratio
0.16
Cash
0.03
Avg Volume
4.89M
Fundamentals Snapshot Price
1.09

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 25.61M 26.45M 29.17M 27.43M 23.51M
Gross profit -333K 768K 1.51M 3.37M -1.2M
Operating income -13.36M -25.88M -16.5M -15.93M -18.57M
EBITDA -10.8M -23.59M -14.08M -13.49M -16.42M
Net income -20.26M -36.88M -27.21M -28M -18.47M
Basic EPS -0.26 -0.41 -0.64 -1.34 -1.09
Diluted EPS -0.26 -0.41 -0.64 -1.34 -1.09

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 120.83M 131.68M 106.79M 128.98M 105.27M
Total liabilities 177.42M 186.54M 199.34M 244.47M 240.91M
Total equity -63.2M -54.86M -92.56M -115.48M -135.64M
Cash & equivalents 4.16M 12.67M 7.06M 22.57M 6.63M
Current assets 21.06M 30.92M 22.01M 38.72M 19.98M
Current liabilities 132.93M 133.61M 88.13M 97.08M 92.07M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -12.25M -18.37M -19.34M -10.64M -15.8M
Investing cash flow -3.54M -2.41M -2.28M -1.81M 782K
Financing cash flow 7.35M 36.43M 1.19M 32.8M 542K
Change in cash -8.44M 15.65M -20.43M 20.35M -14.48M
Kind Filing Date Link
edgar index PRE 14A — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
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edgar index SCHEDULE 13G/A — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
edgar index 10-Q — SURF AIR MOBILITY INC. View Filing
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edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
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form 4 Form 4 — Reeves Oliver View Filing
form 4 Form 4 — White Deanna Leigh View Filing
edgar index SCHEDULE 13G — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
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edgar index 424B5 — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — White Deanna Leigh View Filing
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form 4 Form 4 — D'AGOSTINO JOHN J. View Filing
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form 4 Form 4 — ALBERT CARL A View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
form 4 Form 4 — Reeves Oliver View Filing
form 4 Form 4 — Reeves Oliver View Filing
form 4 Form 4 — White Deanna Leigh View Filing
form 4 Form 4 — White Deanna Leigh View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
form 4 Form 4 — White Deanna Leigh View Filing
form 4 Form 4 — Reeves Oliver View Filing
edgar index EFFECT — SURF AIR MOBILITY INC. View Filing
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edgar index CORRESP — SURF AIR MOBILITY INC. View Filing
edgar index S-3 — SURF AIR MOBILITY INC. View Filing
edgar index RW — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
edgar index 10-K — SURF AIR MOBILITY INC. View Filing
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edgar index SCHEDULE 13G/A — SURF AIR MOBILITY INC. View Filing
edgar index SCHEDULE 13G/A — SURF AIR MOBILITY INC. View Filing
edgar index SCHEDULE 13G/A — SURF AIR MOBILITY INC. View Filing
edgar index SCHEDULE 13G — SURF AIR MOBILITY INC. View Filing
edgar index 4 — SURF AIR MOBILITY INC. View Filing
form 4 Form 4 — White Deanna Leigh View Filing
edgar index 424B5 — SURF AIR MOBILITY INC. View Filing
edgar index D — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G — SURF AIR MOBILITY INC. View Filing
edgar index EFFECT — SURF AIR MOBILITY INC. View Filing
edgar index S-3/A — SURF AIR MOBILITY INC. View Filing
edgar index CORRESP — SURF AIR MOBILITY INC. View Filing
edgar index S-3 — SURF AIR MOBILITY INC. View Filing
edgar index 424B5 — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
edgar index 8-K — SURF AIR MOBILITY INC. View Filing
edgar index 10-Q — SURF AIR MOBILITY INC. View Filing
eight k text 8-K — 8-K View Filing