Surf Air Mobility (SRFM) Net Margin (2022 - 2026)
Surf Air Mobility (SRFM) reported Net Margin of 79.11% for Q1 2026, down 55.0% on a YoY basis from 175.8% in Q1 2025, and up 43.27% sequentially from 139.44% in Q4 2025.
Surf Air Mobility (SRFM) Net Margin (2022 - 2026) Analysis & Trends
Surf Air Mobility (SRFM) has 5 years of Net Margin data on file, last reported at 79.11% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 55.0% year-over-year to 79.11%; the trailing twelve-month figure through Mar 2026 stood at 103.39% (down 6697.0% YoY), and the FY2025 full-year result was 103.75%, down 5401.0% from the prior year.
- Net Margin grew to 79.11% in Q1 2026, from 139.44% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 59.78% in Q4 2024 to a low of 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.
- Across the five-year window, Net Margin sank 29986 bps in 2023 and jumped 63528 bps in 2024, its largest moves.
- Tracing SRFM's Net Margin over 5 years: stood at 360.36% in 2022, then retreated by 16 bps to 417.97% in 2023, then soared by 114 bps to 59.78% in 2024, then slumped by 333 bps to 139.44% in 2025, then soared by 43 bps to 79.11% in 2026.
- Business Quant data shows SRFM's Net Margin at 79.11% in Q1 2026, 139.44% in Q4 2025, and 93.28% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 0.01% |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | - |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 8.12% |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 2.76% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | -14.78% |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 21.94% |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | -5.85% |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 9.13% |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | -14.24% |
| 10 | Surf Air Mobility | 60.58 Mn | 56.41 Mn | -333,000.00 | -79.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |