Surf Air Mobility (SRFM) Convertible Debt (2022 - 2026)
Surf Air Mobility (SRFM) posted Convertible Debt of $14.0 million for Q1 2026, down 44.29% sequentially from $25.2 million in Q4 2025, and up 123.43% YoY from $6.3 million in Q1 2025.
Surf Air Mobility (SRFM) Convertible Debt (2022 - 2026) Analysis & Trends
Surf Air Mobility has reported Convertible Debt for 5 years, with the latest figure at $14.0 million in Q1 2026.
- Quarterly Convertible Debt rose 123.43% year-over-year to $14.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.0 million (up 123.43% YoY) and the FY2025 annual result came in at $25.2 million, up 242.77% from the prior year.
- Convertible Debt declined to $14.0 million in Q1 2026 per SRFM's latest filing, from $25.2 million in the prior quarter.
- Over five years, Convertible Debt peaked at $25.2 million in Q4 2025 and troughed at $5.9 million in Q2 2025.
- A 5-year average of $10.5 million and a median of $7.5 million in 2023 frame the typical range for Convertible Debt.
- The widest YoY moves for Convertible Debt: up 242.77% in 2025, down 17.35% in 2025.
- Over 5 years, Convertible Debt stood at $13.1 million in 2022, then sank by 42.62% to $7.5 million in 2023, then retreated by 2.61% to $7.3 million in 2024, then soared by 242.77% to $25.2 million in 2025, then sank by 44.29% to $14.0 million in 2026.
- According to Business Quant data, Convertible Debt over the past three periods registered $14.0 million, $25.2 million, and $6.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.84 Bn | 49.18 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 29.12 Bn | 25.90 Bn | - |
| 3 | Southwest Airlines | 19.60 Bn | 15.81 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.32 Bn | 4.06 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.47 Bn | 1.81 Bn | 3.76 Bn |
| 6 | Skywest | 3.99 Bn | 3.39 Bn | 1.01 Bn |
| 7 | Allegiant Travel | 1.83 Bn | 779.71 Mn | 902.77 Mn |
| 8 | Jetblue Airways | 1.80 Bn | -220.00 Mn | 2.32 Bn |
| 9 | Frontier Group Holdings | 1.34 Bn | 380.02 Mn | - |
| 10 | Surf Air Mobility | 70.75 Mn | 52.32 Mn | 62,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.04 Mn |
| Mar 31, 2026 | 14.03 Mn |
| Dec 31, 2025 | 25.18 Mn |
| Sep 30, 2025 | 6.64 Mn |
| Jun 30, 2025 | 5.88 Mn |
| Mar 31, 2025 | 6.28 Mn |
| Dec 31, 2024 | 7.35 Mn |
| Sep 30, 2024 | 8.04 Mn |
| Sep 30, 2023 | 7.54 Mn |
| Dec 31, 2022 | 13.15 Mn |