Surf Air Mobility (SRFM) Gross Margin (2022 - 2026)

Surf Air Mobility has disclosed Gross Margin across 5 years of filings, most recently posting 92.32% for Q1 2026.

• Gross Margin for Q1 2026 came in at 92.32%, down 64.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 71.28% (down 9166.0% YoY), and the FY2025 annual result was 3.92%, down 8978.0% from the prior year.
• Gross Margin came in at 92.32% for Q1 2026 at Surf Air Mobility, up from 2.9% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 371.67% in Q4 2024 to a low of 259.21% in Q4 2022.
• The 5-year median for Gross Margin is 84.78% (2023), against an average of 65.67%.
• Across the five-year window, Gross Margin jumped 37455 bps in 2024 and tumbled 36876 bps in 2025, its largest moves.
• Surf Air Mobility's Gross Margin stood at 259.21% in 2022, then surged by 99 bps to 2.88% in 2023, then surged by 13003 bps to 371.67% in 2024, then sank by 99 bps to 2.9% in 2025, then soared by 3079 bps to 92.32% in 2026.
• The last three Gross Margin figures came in at 92.32% (Q1 2026), 2.9% (Q4 2025), and 92.94% (Q3 2025), per Business Quant data.