Surf Air Mobility (SRFM) Gross Margin (2022 - 2026)
Surf Air Mobility's Gross Margin came in at 0.21% for Q2 2026, down 12.09 percentage points from 12.30% a year earlier but up 1.51 percentage points from the prior quarter.
Surf Air Mobility (SRFM) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Surf Air Mobility reported Gross Margin of 1.81%, down 2.74 percentage points year-over-year; for FY2025, it came in at 3.92%, down 4.02 percentage points from FY2024.
- Gross Margin carries a three-year change of +26.37 percentage points (FY2022 to FY2025).
- Going back by year, Gross Margin was 7.95% in FY2024 (+10.28 pp), -2.34% in FY2023 (+20.11 pp) and -22.44% in FY2022.
- The five-year range for quarterly Gross Margin is -32.83% (Q2 2022) to 14.33% (Q2 2024).
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -2.20 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2023 (a gain of 28.49 percentage points), and the weakest in Q2 2026 (a drop of 12.09 percentage points).
- Business Quant data shows SRFM's Gross Margin at -1.30% (Q1 2026), 2.90% (Q4 2025) and 5.18% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | - |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | - |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | - |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | - |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | - |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | - |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | - |
| 10 | Surf Air Mobility | 86.58 Mn | 44.26 Mn | 62,000.00 | 0.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21% |
| Mar 31, 2026 | -1.30% |
| Dec 31, 2025 | 2.90% |
| Sep 30, 2025 | 5.18% |
| Jun 30, 2025 | 12.30% |
| Mar 31, 2025 | -5.11% |
| Dec 31, 2024 | 6.52% |
| Sep 30, 2024 | 3.14% |
| Jun 30, 2024 | 14.33% |
| Mar 31, 2024 | 6.97% |
| Dec 31, 2023 | -2.88% |
| Sep 30, 2023 | 6.18% |
| Jun 30, 2023 | -13.79% |
| Mar 31, 2023 | -20.76% |
| Dec 31, 2022 | -24.49% |
| Sep 30, 2022 | -22.31% |
| Jun 30, 2022 | -32.83% |
Surf Air Mobility Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SRFM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SRFM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SRFM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();