Growth Metrics

Surf Air Mobility (SRFM) Cost of Revenue (2022 - 2025)

Surf Air Mobility (SRFM) has disclosed Cost of Revenue for 4 consecutive years, with $97.2 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 5.73% to $97.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $102.4 million through Dec 2025, down 36.66% year-over-year, with the annual reading at $102.4 million for FY2025, 6.88% down from the prior year.
  • Cost of Revenue hit $97.2 million in Q4 2025 for Surf Air Mobility, up from $2.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $103.1 million in Q4 2024 to a low of -$12.3 million in Q4 2022.
  • Historically, Cost of Revenue has averaged $18.6 million across 4 years, with a median of $4.5 million in 2023.
  • Biggest five-year swings in Cost of Revenue: surged 4632.09% in 2024 and later crashed 94.2% in 2025.
  • Year by year, Cost of Revenue stood at -$12.3 million in 2022, then surged by 117.75% to $2.2 million in 2023, then soared by 4632.09% to $103.1 million in 2024, then dropped by 5.73% to $97.2 million in 2025.
  • Business Quant data shows Cost of Revenue for SRFM at $97.2 million in Q4 2025, $2.1 million in Q3 2025, and $1.5 million in Q2 2025.