Surf Air Mobility (SRFM) Net Margin (2022 - 2026)
Surf Air Mobility recorded quarterly Net Margin of 79.11% in Q1 2026, up 43.27% quarter-over-quarter from 139.44% in Q4 2025, and down 55.0% year-over-year from 175.8% in Q1 2025.
Surf Air Mobility's Net Margin history runs 5 years deep, the most recent figure standing at 79.11% for Q1 2026.
- In Q1 2026, Net Margin fell 55.0% year-over-year to 79.11%; the TTM figure through Mar 2026 stood at 103.39% (down 5317.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 201.5% and a median of 111.39% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 63015 bps in 2023 and surged 63528 bps in 2024, its largest moves.
- Surf Air Mobility's Net Margin stood at 204.17% in 2022, then slumped by 309 bps to 425.98% in 2023, then soared by 101 bps to 4.51% in 2024, then slumped by 3192 bps to 139.44% in 2025, then surged 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 | 53.78 Bn | 48.72 Bn | 15.19 Bn | -1.82% |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 3.13% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 17.11% |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | -13.90% |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -5.85% |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 10.04% |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 19.94% |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -14.24% |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 6.32% |
| 10 | Surf Air Mobility | 95.32 Mn | 91.16 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% |