Surf Air Mobility (SRFM) Convertible Debt (2022 - 2026)
Surf Air Mobility (SRFM) reported Convertible Debt of $14.0 million for Q1 2026, up 123.43% on a YoY basis from $6.3 million in Q1 2025, and down 44.29% sequentially from $25.2 million in Q4 2025.
Surf Air Mobility (SRFM) Convertible Debt (2022 - 2026) Analysis & Trends
Surf Air Mobility (SRFM) has 5 years of Convertible Debt data on file, last reported at $14.0 million in Q1 2026.
- For the quarter ending Q1 2026, Convertible Debt rose 123.43% year-over-year to $14.0 million; the trailing twelve-month figure through Mar 2026 stood at $14.0 million (up 123.43% YoY), and the FY2025 full-year result was $25.2 million, up 242.77% from the prior year.
- Convertible Debt declined to $14.0 million in Q1 2026, from $25.2 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $25.2 million in Q4 2025 to a low of $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.
- Peak annual rise in Convertible Debt reached 242.77% in 2025, while the deepest fall reached 17.35% in 2025.
- Tracing SRFM's Convertible Debt over 5 years: stood at $13.1 million in 2022, then slumped by 42.62% to $7.5 million in 2023, then dropped by 2.61% to $7.3 million in 2024, then soared by 242.77% to $25.2 million in 2025, then slumped by 44.29% to $14.0 million in 2026.
- Business Quant data shows SRFM's Convertible Debt at $14.0 million in Q1 2026, $25.2 million in Q4 2025, and $6.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn |
| 10 | Surf Air Mobility | 60.58 Mn | 56.41 Mn | -333,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |