Growth Metrics

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

Surf Air Mobility's Cost of Revenue history spans 4 years, with the latest figure at $2.1 million for Q3 2025.

  • For Q3 2025, Cost of Revenue rose 104.17% year-over-year to $2.1 million; the TTM value through Sep 2025 reached $5.9 million, up 108.61%, while the annual FY2024 figure was $7.5 million, 25.07% down from the prior year.
  • Cost of Revenue for Q3 2025 was $2.1 million at Surf Air Mobility, up from $1.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $7.0 million in Q2 2023 and bottomed at -$49.3 million in Q3 2024.
  • The 4-year median for Cost of Revenue is $2.1 million (2025), against an average of -$2.8 million.
  • The largest YoY upside for Cost of Revenue was 115.85% in 2024 against a maximum downside of 1189.62% in 2024.
  • A 4-year view of Cost of Revenue shows it stood at $6.2 million in 2022, then plummeted by 490.62% to -$24.3 million in 2023, then skyrocketed by 102.66% to $645000.0 in 2024, then surged by 219.38% to $2.1 million in 2025.
  • Per Business Quant, the three most recent readings for SRFM's Cost of Revenue are $2.1 million (Q3 2025), $1.5 million (Q2 2025), and $1.7 million (Q1 2025).