SURF AIR MOBILITY INC.SRFMEarnings & Financial Report
Surf Air Mobility Inc. is an American aviation company focused on regional flying. The company plans to develop electric and hybrid powertrains to upgrade existing aircraft. Surf Air Mobility is also developing AI-enabled SurfOS operating system for the regional air mobility industry. Surf Air Mobility is the parent company of Surf Air, Surf On Demand, and two airlines, Mokulele Airlines and Southern Airways Express.
SRFM Q3 2025 Key Financial Metrics
Revenue
$29.2M
Gross Profit
N/A
Operating Profit
$-16.5M
Net Profit
$-27.2M
Gross Margin
N/A
Operating Margin
-56.6%
Net Margin
-93.3%
YoY Growth
2.8%
EPS
$-0.64
Financial Flow
SURF AIR MOBILITY INC. Q3 2025 Financial Summary
SURF AIR MOBILITY INC. reported revenue of $29.2M for Q3 2025, with a net profit of $-27.2M (-93.3% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $29.2M |
|---|---|
| Net Profit | $-27.2M |
| Gross Margin | N/A |
| Operating Margin | -56.6% |
| Report Period | Q3 2025 |
SURF AIR MOBILITY INC. Annual Revenue by Year
SURF AIR MOBILITY INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $119.4M).
| Year | Annual Revenue |
|---|---|
| 2024 | $119.4M |
| 2023 | $60.5M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.8M | $30.6M | $32.4M | $28.4M | $28.0M | $23.5M | $27.4M | $29.2M |
| YoY Growth | N/A | 456.1% | 422.5% | 29.2% | 4.5% | -23.2% | -15.2% | 2.8% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $111.0M | $108.8M | $105.5M | $97.9M | $124.1M | $105.3M | $129.0M | $106.8M |
| Liabilities | $188.5M | $215.1M | $233.6M | $233.5M | $244.1M | $240.9M | $244.5M | $199.3M |
| Equity | $-77.5M | $-106.3M | $-128.1M | $-135.6M | $-120.0M | $-135.6M | $-115.5M | $-92.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-12.8M | $-5.6M | $-12.3M | $-23.6M | $-15.8M | $-10.6M | $-19.3M |
