Surf Air Mobility (SRFM) Net Margin (2022 - 2026)
Surf Air Mobility's (SRFM) quarterly Net Margin came in at 79.11% in Q1 2026, down 55.0% year-on-year from 175.8% in Q1 2025, and up 43.27% quarter-over-quarter from 139.44% in Q4 2025.
Surf Air Mobility (SRFM) Net Margin (2022 - 2026) Analysis & Trends
Surf Air Mobility has disclosed Net Margin across 5 years of filings, most recently posting 79.11% for Q1 2026.
- Net Margin for Q1 2026 came in at 79.11%, down 55.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 103.39% (down 5317.0% YoY), and the FY2025 annual result was 103.75%, down 4103.0% from the prior year.
- Net Margin came in at 79.11% for Q1 2026 at Surf Air Mobility, up from 139.44% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 204.17% in Q4 2022 to a low of 718.64% in Q2 2023.
- The 5-year median for Net Margin is 111.39% (2025), against an average of 201.5%.
- Across the five-year window, Net Margin sank 63015 bps in 2023 and jumped 63528 bps in 2024, its largest moves.
- Surf Air Mobility's Net Margin stood at 204.17% in 2022, then tumbled by 309 bps to 425.98% in 2023, then surged by 101 bps to 4.51% in 2024, then tumbled by 3192 bps to 139.44% in 2025, then jumped by 43 bps to 79.11% in 2026.
- The last three Net Margin figures came in at 79.11% (Q1 2026), 139.44% (Q4 2025), and 93.28% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -19.61% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -1.82% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 17.11% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 3.13% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 19.94% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -5.85% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 10.04% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -13.90% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -14.24% |
| 10 | Surf Air Mobility | 89.56 Mn | 85.39 Mn | 23.65 Mn | -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 | 4.51% |
| Sep 30, 2024 | -43.07% |
| Jun 30, 2024 | -83.37% |
| Mar 31, 2024 | -120.71% |
| Dec 31, 2023 | -425.98% |
| Sep 30, 2023 | -339.64% |
| Jun 30, 2023 | -718.64% |
| Mar 31, 2023 | -374.07% |
| Dec 31, 2022 | 204.17% |
| Sep 30, 2022 | -415.98% |
| Jun 30, 2022 | -418.78% |