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| 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 |