Surf Air Mobility (SRFM) EBT (2022 - 2026)
Surf Air Mobility (SRFM) posted EBT of -$20.3 million for Q1 2026, up 45.25% sequentially from -$37.1 million in Q4 2025, and down 9.62% YoY from -$22.5 million in Q1 2025.
Surf Air Mobility (SRFM) EBT (2022 - 2026) Analysis & Trends
Surf Air Mobility has reported EBT for 5 years, with the latest figure at -$20.3 million in Q1 2026.
- Quarterly EBT fell 9.62% year-over-year to -$20.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$112.7 million (down 98.79% YoY) and the FY2025 annual result came in at -$110.9 million, down 47.53% from the prior year.
- EBT advanced to -$20.3 million in Q1 2026 per SRFM's latest filing, from -$37.1 million in the prior quarter.
- Over five years, EBT peaked at $1.1 million in Q4 2024 and troughed at -$110.7 million in Q4 2023.
- A 5-year average of -$32.8 million and a median of -$25.4 million in 2022 frame the typical range for EBT.
- The sharpest annual moves came in 2024 and 2025: EBT soared 100.97% in 2024, then plunged 3555.73% in 2025.
- Over 5 years, EBT stood at -$23.8 million in 2022, then slumped by 364.81% to -$110.7 million in 2023, then jumped by 100.97% to $1.1 million in 2024, then slumped by 3555.73% to -$37.1 million in 2025, then surged by 45.25% to -$20.3 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$20.3 million, -$37.1 million, and -$27.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 2.01 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 689.16 Mn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 306.00 Mn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 77.28 Mn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -214.00 Mn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 138.85 Mn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -271.00 Mn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | -5.22 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -94.00 Mn |
| 10 | Surf Air Mobility | 69.11 Mn | 50.68 Mn | 62,000.00 | -28.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -28.19 Mn |
| 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 |