Surf Air Mobility (SRFM) Free Cash Flow (2022 - 2026)

Surf Air Mobility's (SRFM) quarterly Free Cash Flow came in at -$13.0 million in Q1 2026, up 20.72% year-on-year from -$10.8 million in Q1 2025, and up 12.39% quarter-over-quarter from -$14.9 million in Q4 2025.

Surf Air Mobility (SRFM) Free Cash Flow (2022 - 2026) Analysis & Trends

Surf Air Mobility has disclosed Free Cash Flow across 5 years of filings, most recently posting -$13.0 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$13.0 million, up 20.72% year-over-year; the trailing twelve-month figure through Mar 2026 was -$61.5 million (down 3.18% YoY), and the FY2025 annual result was -$64.9 million, down 14.48% from the prior year.
  • Free Cash Flow came in at -$13.0 million for Q1 2026 at Surf Air Mobility, up from -$14.9 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$5.6 million in Q4 2022 to a low of -$26.7 million in Q4 2023.
  • The 5-year median for Free Cash Flow is -$13.5 million (2024), against an average of -$14.6 million.
  • Across the five-year window, Free Cash Flow slumped 378.03% in 2023 and surged 47.57% in 2024, its largest moves.
  • Surf Air Mobility's Free Cash Flow stood at -$5.6 million in 2022, then plunged by 378.03% to -$26.7 million in 2023, then increased by 13.03% to -$23.3 million in 2024, then soared by 36.05% to -$14.9 million in 2025, then climbed by 12.39% to -$13.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$13.0 million (Q1 2026), -$14.9 million (Q4 2025), and -$22.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 1.43 Bn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 201.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 788.00 Mn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn -949.97 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 391.00 Mn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 130.43 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - 251.00 Mn
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -6.00 Mn
10 Surf Air Mobility 89.56 Mn 85.39 Mn 23.65 Mn -13.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.03 Mn
Mar 31, 2026 -13.03 Mn
Dec 31, 2025 -14.87 Mn
Dec 31, 2025 -14.87 Mn
Sep 30, 2025 -22.34 Mn
Sep 30, 2025 -22.34 Mn
Jun 30, 2025 -11.24 Mn
Jun 30, 2025 -11.24 Mn
Mar 31, 2025 -16.43 Mn
Mar 31, 2025 -16.43 Mn
Dec 31, 2024 -23.25 Mn
Dec 31, 2024 -23.25 Mn
Sep 30, 2024 -13.78 Mn
Sep 30, 2024 -13.78 Mn
Jun 30, 2024 -6.11 Mn
Jun 30, 2024 -6.11 Mn
Mar 31, 2024 -13.53 Mn
Mar 31, 2024 -13.53 Mn
Dec 31, 2023 -26.74 Mn
Dec 31, 2023 -26.74 Mn