Surf Air Mobility (SRFM) EBT (2022 - 2026)
Surf Air Mobility's (SRFM) quarterly EBT came in at -$20.3 million in Q1 2026, down 9.62% year-on-year from -$22.5 million in Q1 2025, and up 45.25% quarter-over-quarter from -$37.1 million in Q4 2025.
Surf Air Mobility (SRFM) EBT (2022 - 2026) Analysis & Trends
Surf Air Mobility has disclosed EBT across 5 years of filings, most recently posting -$20.3 million for Q1 2026.
- EBT for Q1 2026 came in at -$20.3 million, down 9.62% year-over-year; the trailing twelve-month figure through Mar 2026 was -$112.7 million (down 98.79% YoY), and the FY2025 annual result was -$110.9 million, down 47.53% from the prior year.
- EBT came in at -$20.3 million for Q1 2026 at Surf Air Mobility, up from -$37.1 million in the prior quarter.
- In the past five years, EBT ranged from a high of $1.1 million in Q4 2024 to a low of -$110.7 million in Q4 2023.
- The 5-year median for EBT is -$25.4 million (2022), against an average of -$32.8 million.
- Across the five-year window, EBT jumped 100.97% in 2024 and plunged 3555.73% in 2025, its largest moves.
- Surf Air Mobility's EBT stood at -$23.8 million in 2022, then slumped by 364.81% to -$110.7 million in 2023, then surged by 100.97% to $1.1 million in 2024, then slumped by 3555.73% to -$37.1 million in 2025, then soared by 45.25% to -$20.3 million in 2026.
- The last three EBT figures came in at -$20.3 million (Q1 2026), -$37.1 million (Q4 2025), and -$27.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -576.83 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -214.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 13.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 285.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 191.96 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -317.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 107.77 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -89.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -336.00 Mn |
| 10 | Surf Air Mobility | 89.56 Mn | 85.39 Mn | 23.65 Mn | -20.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -20.30 Mn |
| Dec 31, 2025 | -37.08 Mn |
| Sep 30, 2025 | -27.28 Mn |
| Jun 30, 2025 | -28.06 Mn |
| Mar 31, 2025 | -18.52 Mn |
| Dec 31, 2024 | 1.07 Mn |
| Sep 30, 2024 | -12.24 Mn |
| Jun 30, 2024 | -27.02 Mn |
| Mar 31, 2024 | -37.01 Mn |
| Dec 31, 2023 | -110.73 Mn |
| Sep 30, 2023 | -78.18 Mn |
| Jun 30, 2023 | -44.52 Mn |
| Mar 31, 2023 | -20.60 Mn |
| Dec 31, 2022 | -23.82 Mn |
| Sep 30, 2022 | -21.14 Mn |
| Jun 30, 2022 | -18.75 Mn |