Surf Air Mobility (SRFM) Net Income (2022 - 2026)
Surf Air Mobility (SRFM) posted Net Income of -$20.3 million for Q1 2026, up 45.06% sequentially from -$36.9 million in Q4 2025, and down 9.73% YoY from -$22.4 million in Q1 2025.
Surf Air Mobility (SRFM) Net Income (2022 - 2026) Analysis & Trends
Surf Air Mobility has reported Net Income for 5 years, with the latest figure at -$20.3 million in Q1 2026.
- Quarterly Net Income fell 9.73% year-over-year to -$20.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$112.4 million (down 174.67% YoY) and the FY2025 annual result came in at -$110.6 million, down 86.11% from the prior year.
- Net Income advanced to -$20.3 million in Q1 2026 per SRFM's latest filing, from -$36.9 million in the prior quarter.
- Over five years, Net Income peaked at $16.8 million in Q4 2024 and troughed at -$112.2 million in Q4 2023.
- A 5-year average of -$31.5 million and a median of -$24.1 million in 2022 frame the typical range for Net Income.
- The sharpest annual moves came in 2023 and 2024: Net Income slumped 427.91% in 2023, then soared 114.95% in 2024.
- Over 5 years, Net Income stood at -$21.2 million in 2022, then plunged by 427.91% to -$112.2 million in 2023, then jumped by 114.95% to $16.8 million in 2024, then tumbled by 319.92% to -$36.9 million in 2025, then surged by 45.06% to -$20.3 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$20.3 million, -$36.9 million, and -$27.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 1.60 Bn |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 753.33 Mn |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 233.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | 86.39 Mn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | -76.00 Mn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 100.70 Mn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | -4.82 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | -247.00 Mn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | -90.00 Mn |
| 10 | Surf Air Mobility | 70.57 Mn | 52.14 Mn | 62,000.00 | -28.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -28.13 Mn |
| Mar 31, 2026 | -20.26 Mn |
| Dec 31, 2025 | -36.88 Mn |
| Sep 30, 2025 | -27.21 Mn |
| Jun 30, 2025 | -28.00 Mn |
| Mar 31, 2025 | -18.47 Mn |
| Dec 31, 2024 | 16.77 Mn |
| Sep 30, 2024 | -12.23 Mn |
| Jun 30, 2024 | -26.98 Mn |
| Mar 31, 2024 | -36.97 Mn |
| Dec 31, 2023 | -112.17 Mn |
| Sep 30, 2023 | -74.61 Mn |
| Jun 30, 2023 | -44.52 Mn |
| Mar 31, 2023 | -20.60 Mn |
| Dec 31, 2022 | -21.25 Mn |
| Sep 30, 2022 | -21.14 Mn |
| Jun 30, 2022 | -18.75 Mn |