Surf Air Mobility (SRFM) EBT (2022 - 2026)
Surf Air Mobility (SRFM) reported EBT of -$20.3 million for Q1 2026, down 9.62% on a YoY basis from -$22.5 million in Q1 2025, and up 45.25% sequentially from -$37.1 million in Q4 2025.
Surf Air Mobility (SRFM) EBT (2022 - 2026) Analysis & Trends
Surf Air Mobility (SRFM) has 5 years of EBT data on file, last reported at -$20.3 million in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 9.62% year-over-year to -$20.3 million; the trailing twelve-month figure through Mar 2026 stood at -$112.7 million (down 98.79% YoY), and the FY2025 full-year result was -$110.9 million, down 47.53% from the prior year.
- EBT advanced to -$20.3 million in Q1 2026, 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.
- A 5-year average of -$32.8 million and a median of -$25.4 million in 2022 frame the typical range for EBT.
- Across the five-year window, EBT jumped 100.97% in 2024 and slumped 3555.73% in 2025, its largest moves.
- Tracing SRFM's EBT over 5 years: stood at -$23.8 million in 2022, then tumbled by 364.81% to -$110.7 million in 2023, then jumped by 100.97% to $1.1 million in 2024, then tumbled by 3555.73% to -$37.1 million in 2025, then surged by 45.25% to -$20.3 million in 2026.
- Business Quant data shows SRFM's EBT at -$20.3 million in Q1 2026, -$37.1 million in Q4 2025, and -$27.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 630,502.00 |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | 674.76 Mn |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 2.01 Bn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 306.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | -185.00 Mn |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 191.96 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | -317.00 Mn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 138.85 Mn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | -336.00 Mn |
| 10 | Surf Air Mobility | 60.58 Mn | 56.41 Mn | -333,000.00 | -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 |