Surf Air Mobility (SRFM) Free Cash Flow (2022 - 2026)
Surf Air Mobility recorded quarterly Free Cash Flow of -$13.0 million in Q1 2026, up 12.39% quarter-over-quarter from -$14.9 million in Q4 2025, and up 20.72% year-over-year from -$10.8 million in Q1 2025.
Surf Air Mobility's Free Cash Flow history runs 5 years deep, the most recent figure standing at -$13.0 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 20.72% year-over-year to -$13.0 million; the TTM figure through Mar 2026 stood at -$61.5 million (down 3.18% YoY), while the FY2025 annual figure 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.
- A 5-year average of -$14.6 million and a median of -$13.5 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow sank 378.03% in 2023 and soared 47.57% in 2024, its largest moves.
- Surf Air Mobility's Free Cash Flow stood at -$5.6 million in 2022, then tumbled by 378.03% to -$26.7 million in 2023, then rose by 13.03% to -$23.3 million in 2024, then jumped by 36.05% to -$14.9 million in 2025, then grew by 12.39% to -$13.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$13.0 million, -$14.9 million, and -$22.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 1.43 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 788.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 201.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 251.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 391.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 130.43 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | -949.97 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -6.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 222.64 Mn |
| 10 | Surf Air Mobility | 95.32 Mn | 91.16 Mn | 23.65 Mn | -13.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | -24.50 Mn |
| Sep 30, 2023 | -24.50 Mn |
| Jun 30, 2023 | -11.65 Mn |
| Jun 30, 2023 | -11.65 Mn |
| Mar 31, 2023 | -9.07 Mn |
| Mar 31, 2023 | -9.07 Mn |
| Dec 31, 2022 | -5.59 Mn |
| Dec 31, 2022 | -5.59 Mn |
| Sep 30, 2022 | -7.09 Mn |
| Sep 30, 2022 | -7.09 Mn |