Surf Air Mobility (SRFM) Debt to Equity (2022 - 2026)

Surf Air Mobility's (SRFM) quarterly Debt to Equity came in at -$0.08 in Q1 2026, down 25.37% year-on-year from -$0.11 in Q1 2025, and up 11.99% quarter-over-quarter from -$0.09 in Q4 2025.

Surf Air Mobility (SRFM) Debt to Equity (2022 - 2026) Analysis & Trends

Surf Air Mobility has disclosed Debt to Equity across 5 years of filings, most recently posting -$0.08 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at -$0.08, down 25.37% year-over-year; the trailing twelve-month figure through Mar 2026 was -$0.08 (down 25.37% YoY), and the FY2025 annual result was -$0.09, down 29.81% from the prior year.
  • Debt to Equity came in at -$0.08 for Q1 2026 at Surf Air Mobility, up from -$0.09 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.94 in Q3 2023 to a low of -$0.55 in Q2 2025.
  • The 5-year median for Debt to Equity is -$0.08 (2024), against an average of -$0.03.
  • Across the five-year window, Debt to Equity tumbled 15585.34% in 2023 and jumped 33.6% in 2024, its largest moves.
  • Surf Air Mobility's Debt to Equity stood at -$0.0 in 2022, then sank by 15585.34% to -$0.11 in 2023, then surged by 33.6% to -$0.07 in 2024, then slipped by 29.81% to -$0.09 in 2025, then climbed by 11.99% to -$0.08 in 2026.
  • The last three Debt to Equity figures came in at -$0.08 (Q1 2026), -$0.09 (Q4 2025), and -$0.08 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 0.13
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 0.70
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 0.78
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 0.71
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 1.43
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 0.88
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 4.66
10 Surf Air Mobility 89.56 Mn 85.39 Mn 23.65 Mn -0.08

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.08
Dec 31, 2025 -0.09
Sep 30, 2025 -0.08
Jun 30, 2025 -0.55
Mar 31, 2025 -0.06
Dec 31, 2024 -0.07
Sep 30, 2024 -0.08
Jun 30, 2024 -0.05
Mar 31, 2024 -0.08
Dec 31, 2023 -0.11
Sep 30, 2023 0.94
Dec 31, 2022 0.00