Surf Air Mobility (SRFM) Net Margin (2022 - 2026)
Surf Air Mobility (SRFM) posted Net Margin of 79.11% for Q1 2026, up 43.27% sequentially from 139.44% in Q4 2025, and down 55.0% YoY from 175.8% in Q1 2025.
Surf Air Mobility (SRFM) Net Margin (2022 - 2026) Analysis & Trends
Surf Air Mobility has reported Net Margin for 5 years, with the latest figure at 79.11% in Q1 2026.
- Quarterly Net Margin fell 55.0% year-over-year to 79.11% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 103.39% (down 6697.0% YoY) and the FY2025 annual result came in at 103.75%, down 5401.0% from the prior year.
- Net Margin grew to 79.11% in Q1 2026 per SRFM's latest filing, from 139.44% in the prior quarter.
- Over five years, Net Margin peaked at 59.78% in Q4 2024 and troughed at 718.64% in Q2 2023.
- A 5-year average of 232.83% and a median of 130.07% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 29986 bps in 2023, then soared 63528 bps in 2024.
- Over 5 years, Net Margin stood at 360.36% in 2022, then dropped by 16 bps to 417.97% in 2023, then soared by 114 bps to 59.78% in 2024, then sank by 333 bps to 139.44% in 2025, then soared by 43 bps to 79.11% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 79.11%, 139.44%, and 93.28% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 8.12% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 14.23% |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 2.76% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.16% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -1.87% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 9.13% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -9.16% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | -0.51% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -7.04% |
| 10 | Surf Air Mobility | 69.11 Mn | 50.68 Mn | 62,000.00 | -95.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -95.34% |
| Mar 31, 2026 | -79.11% |
| Dec 31, 2025 | -139.44% |
| Sep 30, 2025 | -93.28% |
| Jun 30, 2025 | -102.07% |
| Mar 31, 2025 | -78.56% |
| Dec 31, 2024 | 59.78% |
| Sep 30, 2024 | -43.07% |
| Jun 30, 2024 | -83.37% |
| Mar 31, 2024 | -120.71% |
| Dec 31, 2023 | -417.97% |
| Sep 30, 2023 | -339.64% |
| Jun 30, 2023 | -718.64% |
| Mar 31, 2023 | -374.07% |
| Dec 31, 2022 | -360.36% |
| Sep 30, 2022 | -415.98% |
| Jun 30, 2022 | -418.78% |