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
DateValue
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