Surf Air Mobility (SRFM) Cost of Revenue (2022 - 2026)

Surf Air Mobility has disclosed Cost of Revenue across 5 years of filings, most recently posting $2.0 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $2.0 million, up 18.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $31.2 million (up 144.15% YoY), and the FY2025 annual result was $102.4 million, up 1262.47% from the prior year.
• Cost of Revenue came in at $2.0 million for Q1 2026 at Surf Air Mobility, down from $25.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $27.6 million in Q4 2023 to a low of -$76.2 million in Q4 2024.
• The 5-year median for Cost of Revenue is $2.0 million (2025), against an average of $1.7 million.
• Across the five-year window, Cost of Revenue jumped 522.7% in 2023 and plunged 376.0% in 2024, its largest moves.
• Surf Air Mobility's Cost of Revenue stood at $21.2 million in 2022, then surged by 30.36% to $27.6 million in 2023, then tumbled by 376.0% to -$76.2 million in 2024, then jumped by 133.7% to $25.7 million in 2025, then slumped by 92.34% to $2.0 million in 2026.
• The last three Cost of Revenue figures came in at $2.0 million (Q1 2026), $25.7 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.