SRFM
Surf Air Mobility Inc.
NYSE: SRFM · INDUSTRIALS · AIRLINES
$1.37
+24.55% today
Updated 2026-05-06
Market cap
$107.68M
P/E ratio
—
P/S ratio
1.01x
EPS (TTM)
$-3.15
Dividend yield
—
52W range
$1 – $10
Volume
3.6M
Surf Air Mobility Inc. (SRFM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $7.50M | $11.80M | $20.27M | $60.51M | $119.42M | $106.56M |
| Revenue growth (YoY) | — | +57.3% | +71.8% | +198.4% | +97.4% | -10.8% |
| Cost of revenue | $11.03M | $15.55M | $25.85M | $65.68M | $109.93M | $102.38M |
| Gross profit | $-3.53M | $-3.75M | $-5.58M | $-5.17M | $9.49M | $4.18M |
| Gross margin | -47.0% | -31.8% | -27.5% | -8.6% | 7.9% | 3.9% |
| R&D | $2.18M | $2.96M | $3.29M | $20.85M | $24.04M | $10.30M |
| SG&A | $13.49M | $22.86M | $36.82M | $100.67M | $29.85M | $53.28M |
| Operating income | $-20.76M | $-33.35M | $-50.90M | $-196.77M | $-60.26M | $-76.87M |
| Operating margin | -276.8% | -282.7% | -251.1% | -325.2% | -50.5% | -72.1% |
| EBITDA | $-19.04M | $-32.59M | $-72.74M | $-247.27M | $-58.24M | $-67.58M |
| EBITDA margin | -253.9% | -276.3% | -358.8% | -408.7% | -48.8% | -63.4% |
| EBIT | $-21.87M | $-33.64M | $-73.77M | $-251.03M | $-66.58M | $-76.87M |
| Interest expense | $1.56M | $2.14M | $596000.00 | $2.97M | $8.62M | $13.21M |
| Income tax | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-23.44M | $-35.78M | $-74.36M | $-250.70M | $-74.91M | $-110.56M |
| Net income growth (YoY) | — | -52.7% | -107.8% | -237.1% | +70.1% | -47.6% |
| Profit margin | -312.5% | -303.3% | -366.8% | -414.3% | -62.7% | -103.8% |