Growth Metrics

Surf Air Mobility (SRFM) EBITDA Margin (2022 - 2026)

Surf Air Mobility recorded quarterly EBITDA Margin of 45.5% in Q1 2026, up 50.83% quarter-over-quarter from 92.54% in Q4 2025, and up 2838.0% year-over-year from 1.55% in Q1 2025.

Surf Air Mobility's EBITDA Margin history runs 5 years deep, the most recent figure standing at 45.5% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 2838.0% year-over-year to 45.5%; the TTM figure through Mar 2026 stood at 60.24% (down 6471.0% YoY), while the FY2025 annual figure was 66.79%, down 5751.0% from the prior year.
  • EBITDA Margin came in at 45.5% for Q1 2026 at Surf Air Mobility, up from 92.54% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 192.43% in Q4 2024 to a low of 400.83% in Q4 2023.
  • A 5-year average of 138.46% and a median of 100.92% in 2025 frame the typical range for EBITDA Margin.
  • Across the five-year window, EBITDA Margin surged 59325 bps in 2024 and sank 28497 bps in 2025, its largest moves.
  • Surf Air Mobility's EBITDA Margin stood at 261.8% in 2022, then tumbled by 53 bps to 400.83% in 2023, then jumped by 148 bps to 192.43% in 2024, then plunged by 148 bps to 92.54% in 2025, then soared by 51 bps to 45.5% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 45.5%, 92.54%, and 51.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn -1.64%
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 3.45%
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 186.84%
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - 13.25%
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn -8.45%
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 9.97%
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 21.77%
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn -10.00%
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 12.07%
10 Surf Air Mobility 95.32 Mn 91.16 Mn 23.65 Mn -45.50%

Historic Data

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DateValue
Mar 31, 2026 -45.50%
Dec 31, 2025 -92.54%
Sep 30, 2025 -51.42%
Jun 30, 2025 -52.24%
Mar 31, 2025 -73.88%
Dec 31, 2024 192.43%
Sep 30, 2024 -26.56%
Jun 30, 2024 -74.33%
Mar 31, 2024 -109.29%
Dec 31, 2023 -400.83%
Sep 30, 2023 -284.09%
Jun 30, 2023 -210.49%
Mar 31, 2023 -216.81%
Dec 31, 2022 -261.80%
Sep 30, 2022 -216.43%
Jun 30, 2022 -291.54%