Surf Air Mobility (SRFM) EBITDA Margin (2022 - 2026)
Surf Air Mobility's (SRFM) quarterly EBITDA Margin came in at 45.5% in Q1 2026, up 2838.0% year-on-year from 1.55% in Q1 2025, and up 50.83% quarter-over-quarter from 92.54% in Q4 2025.
Surf Air Mobility (SRFM) EBITDA Margin (2022 - 2026) Analysis & Trends
Surf Air Mobility has disclosed EBITDA Margin across 5 years of filings, most recently posting 45.5% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 45.5%, up 2838.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 60.24% (down 6471.0% YoY), and the FY2025 annual result 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.
- The 5-year median for EBITDA Margin is 100.92% (2025), against an average of 138.46%.
- Across the five-year window, EBITDA Margin jumped 59325 bps in 2024 and slumped 28497 bps in 2025, its largest moves.
- Surf Air Mobility's EBITDA Margin stood at 261.8% in 2022, then plunged by 53 bps to 400.83% in 2023, then soared by 148 bps to 192.43% in 2024, then sank by 148 bps to 92.54% in 2025, then surged by 51 bps to 45.5% in 2026.
- The last three EBITDA Margin figures came in at 45.5% (Q1 2026), 92.54% (Q4 2025), and 51.42% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -20.08% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -1.64% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 186.84% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 3.45% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 21.77% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -8.45% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 9.97% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -2.73% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -10.00% |
| 10 | Surf Air Mobility | 89.56 Mn | 85.39 Mn | 23.65 Mn | -45.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |